Wave: pricing, plans and alternatives
Wave is invoicing and bookkeeping software with a free Starter plan and a low-cost Pro plan. Pro adds automatic bank imports, lower card fees for the first transactions each month and branded invoices. It suits very small sellers who want free or cheap books.
Pro is $19/mo billed monthly or $190/yr, priced per business. Payroll from $25/mo extra.
Best for
Solo sellers and very small businesses that want free invoicing and basic books.
Watch out for
Card processing on the free plan costs 2.9% + $0.60 per transaction, and automatic bank import requires Pro.
What Wave does
- Unlimited estimates, invoices and bookkeeping records on the free plan
- Card payments at 2.9% + $0.60 per transaction
- Automatic bank import and transaction categorizing on Pro
- Payroll and bookkeeping-service add-ons
- Multiple users with roles on Pro
Wave pricing
| Plan | Price | Notes |
|---|---|---|
| Starter | Free | Free |
| Pro | $19/mo | Billed monthly; $190/yr |
Wave alternatives
Other payments and accounting tools Scout tracks, with the same facts side by side.
| Tool | Paid from | Free plan | Free trial |
|---|---|---|---|
| Wave | $19/mo | ||
| FreshBooksFreshBooksPayments and accountingFreshBooks is invoicing and accounting software for small businesses and freelancers. Paid from $23/mo, 30-day trial.Click for Scout's full analysis | $23/mo | ||
| QuickBooks OnlineQuickBooks OnlinePayments and accountingQuickBooks Online is Intuit's cloud accounting software for small businesses. Free plan, paid from $38/mo, 30-day trial.Click for Scout's full analysis | $38/mo | ||
| XeroXeroPayments and accountingXero is cloud accounting software for small businesses, with invoicing, bill pay, bank reconciliation and reporting. Paid from $27/mo.Click for Scout's full analysis | $27/mo | Not stated | |
| SquareSquarePayments and accountingSquare is a payments and point-of-sale system that also runs online store and invoicing tools. Free plan, paid from $49/mo, 30-day trial.Click for Scout's full analysis | $49/mo |
Where Scout covers Wave
How we checked
Every fact on this page comes from Wave's own website, help center or Shopify App Store listing. We list what we read below. Prices and plans change often, so confirm on Wave's pricing page before you buy.