Free
Free
What's included:
- Unlimited estimates and invoices
- Basic bookkeeping
- Smart dashboard
- Tax reports
- Mobile app
Wa
Wave Accounting Pricing in 2026
Complete pricing breakdown for Wave Accounting. Compare plans, features, and find the best value.
Quick Answer
How much does Wave Accounting cost in 2026?
Wave Accounting offers a FREE plan. Paid plans start at $16/month. 2 plans are available with monthly billing.
Free Tier Yes ✓
Starting Price Free
Plans 2 tiers
Billing Monthly/Annual
Starting Price Free
Plans Available 2 plans
Annual Discount Save 20%
Best For Freelancers and solopreneurs tracking income and expenses
💰 Wave Accounting Cost Calculator
See exactly what you'll pay based on your team size
Most Popular
Wave Pro
$0 /month $0/year
$16/user × 5 users
- Auto-import bank transactions
- Auto-categorize transactions
- Unlimited receipt capture
Annual billing saves ~20% ($0/year)
For teams of 5, we recommend the Basic plan
| Plan | Price | Key Features |
|---|---|---|
| Free ★ | Free | Unlimited estimates and invoices, Basic bookkeeping |
| Wave Pro | $16/mo | Auto-import bank transactions, Auto-categorize transactions |
Wave Accounting Plans & Pricing
Wave Pro
$16 /mo
Save ~20% with annual billing
What's included:
- Auto-import bank transactions
- Auto-categorize transactions
- Unlimited receipt capture
- Unlimited users
- Bank connections
Prices shown are for monthly billing. Annual plans typically offer 10-20% savings.
How Wave Accounting Pricing Compares
| Tool | Starting Price | Free Tier | Best For | |
|---|---|---|---|---|
| Wa Wave Accounting Current | Free | Freelancers and solopreneurs tracking income and expenses | ||
| Z Zoho Invoice | Free | Small businesses needing professional invoicing | Compare | |
| F FreshBooks | $23/mo | Freelancers and consultants | Compare | |
| FB FreshBooks | $21/mo | Freelancers and solopreneurs managing invoicing and expenses | Compare | |
| X Xero | $25/mo | Small businesses | Compare | |
| W Wave | Free | Small business owners starting out with limited budgets | Compare |
Is Wave Accounting Worth the Price?
Budget-Friendly
Wave Accounting offers excellent value with a generous free tier and affordable paid plans starting at $0/mo. The free plan provides a solid foundation, making it easy to evaluate before committing. With 1 tiers available, there's a plan for most budgets.
Best Value Tier
Free plan — Free tier provides core functionality at no cost
When NOT to Pay for Wave Accounting
Need reliable customer support
Free plan users cannot contact humans at all, and paid users report incredibly slow and ineffective support responses. Users describe catastrophic experiences with account closures and billing bugs going unresolved for months.
Compare QuickBooks pricingRequire time tracking or project management
Wave has no time or project tracking capabilities, making it unsuitable for service-based businesses and freelancers who bill hourly or need to monitor project budgets.
Compare FreshBooks pricingNeed payroll processing in most U.S. states
Wave only supports built-in payroll in 14 U.S. states, severely limiting its usefulness for businesses needing comprehensive payroll management across the country.
Compare Gusto pricingManage inventory or product-based business
Wave has no inventory management features, making it completely unsuitable for businesses that sell physical products and need to track stock levels and costs.
Compare QuickBooks pricingFeatures by Plan
| Feature | Free | Wave Pro |
|---|---|---|
| Unlimited estimates, invoices, and bills Available in free tier | ||
| Smart bookkeeping dashboard Tracks income, expenses, payments | ||
| Automatic tax reports P&L, balance sheet, cash flow | ||
| Unlimited bank connections PCI Level-1 certified, Wave Pro only | ||
| Auto-import and categorize transactions Wave Pro only | ||
| Digital receipt capture Unlimited in Wave Pro | ||
| Unlimited user access Invite accountant/bookkeeper, Wave Pro | ||
| Mobile invoicing app Create and send invoices on-the-go | ||
| Double-entry accounting Real accounting standard for all tiers | ||
| Online payments Accept credit cards with 2.9% + $0.60 fee | ||
| Sales tax reports Via reports dashboard | ||
| Customizable reports With filters and export options | ||
| Cash flow management Dashboards for monitoring and forecasting |
Wave Accounting Pros & Cons
Great Value If You Need
- Completely free core accounting for unlimited use
- User-friendly interface for non-accountants
- Strong security with 256-bit encryption and PCI Level-1 compliance
- Tax-ready automation with instant reports
Consider Alternatives If
- Transaction fees add up for payments (2.9% + $0.60)
- Advanced automation locked behind Pro paywall
- Reported issues with payroll and payment delays
- Limited functionality for complex business needs
Our Verdict
Wave Accounting offers excellent value with its free tier and competitive paid plans. It's best suited for Freelancers and solopreneurs tracking income and expenses and Small businesses needing free invoicing and basic tax reports. Starting at $0/mo, it's accessible for most budgets.
Our Rating 4.4/5
Wave Accounting Price vs Competitors
Q QuickBooks More Expensive
Starts at $38/mo — pricier but recommended when: need reliable customer support.
Compare pricing F FreshBooks More Expensive
Starts at $23/mo — pricier but recommended when: require time tracking or project management.
Compare pricing G Gusto More Expensive
Starts at $40/mo — pricier but recommended when: need payroll processing in most u.s. states.
Compare pricingWave Accounting Pricing FAQ
How much does Wave Accounting cost in 2026?
Wave Accounting offers a FREE plan with Unlimited estimates and invoices. Paid plans start at $16/month.
Does Wave Accounting have a free plan or free tier?
Yes! Wave Accounting offers a free Free plan that includes: Unlimited estimates and invoices, Basic bookkeeping, Smart dashboard. Perfect for freelancers and solopreneurs tracking income and expenses.
What are the limits of Wave Accounting's free plan?
The Free plan (Free) includes: Unlimited estimates and invoices; Basic bookkeeping; Smart dashboard; Tax reports. Upgrade to paid plans for more features and higher limits.
Is Wave Accounting worth it for small teams and personal use?
Wave Accounting is excellent for small teams thanks to its free tier. Best for: Freelancers and solopreneurs tracking income and expenses and Small businesses needing free invoicing and basic tax reports. Rated 4.4/5.
Wave Accounting vs Zoho Invoice pricing — which is cheaper?
Wave Accounting starts at Free vs Zoho Invoice at Free. Wave Accounting is more affordable. Compare features side-by-side to decide.
Does Wave Accounting offer discounts for annual billing?
Yes, most accounting tools including Wave Accounting offer 10-20% discounts when you pay annually instead of monthly. This can save you $50-200 per year depending on your plan.