About Wave
Wave offers free accounting, invoicing, and receipt scanning for small businesses and freelancers. It monetizes through payment processing and payroll — making it the go-to choice for solopreneurs and very small businesses who want professional accounting at zero cost.
Key Features
- Free accounting and bookkeeping
- Invoicing with online payments
- Receipt scanning (mobile app)
- Financial reporting (P&L, balance sheet)
- Bank connections
- Payroll (paid add-on)
- Multi-currency support
- Customer and vendor management
Pros
- Core accounting and invoicing completely free
- Great for solopreneurs and micro-businesses
- Clean, simple interface
- Receipt scanning via mobile app
Cons
- No inventory management
- Limited integrations compared to QuickBooks or Xero
- Payment processing and payroll are paid add-ons
Integrations
PayPalEtsyShoeboxedZapier
Best Use Cases
- Freelancer accounting
- Micro-business bookkeeping
- Free invoicing for solopreneurs
- Side business financial tracking
Wave Alternatives
Looking for alternatives to Wave? See all Wave alternatives →
Quick Info
- Website
- www.waveapps.com
- Founded
- 2010
- Company
- 200-500
- Pricing
- freemium
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