Wave vs. FreshBooks

Compared to FreshBooks, Wave offers accounting, invoicing, and everything money management, starting at free. Explore this FreshBooks alternative today!

Everything you need to run your business like a boss.

Try Wave for free

Wave vs. FreshBooks

Wave's Starter and Pro Plans are affordable and easy-to-use ways to set up invoicing and accounting solutions for your business.

Wave plans

FreshBooks (all plans)

Pricing
$0-$20 CAD/month
$15-$50/month
Unlimited clients
Some paid plans
Track income and expenses
Track sales taxes
Unlimited invoices and estimates
Connect your bank account*
with Pro
Invoice customization
Payment processing
1% per bank payment (ACH/EFT); Credit cards starting at 2.9% + $0.60 per transaction. Or unlock a 2.9% + $0 rate for the first 10 transactions of every month with Pro.**
2.9% + 30¢ per transaction for most credit cards; 3.5% + 30¢ per transaction for AMEX, plus monthly fees
Manage and pay bills
Accountant-approved reporting
Capture and organize receipts
with Pro or a subscription to our receipts feature
Add partners or accountants as collaborators
with Pro
$10/month per collaborator
Payroll that fits your team (additional fees apply)
add-on

Customers love Wave

4.4 out of 5 stars based on user reviews collected by G2Crowd as of January 2024.

Star iconStar iconStar iconStar iconIcon of half filled star
4.4 out of 5 stars

This application blows the doors off FreshBooks. Wave is full of awesome tools and their focus on details like user experience, layout, and color, all get a thumbs up from this website developer!

Everything you need to run your business like a boss.

Try Wave for free

Wave vs. FreshBooks

Here's why we think you'll love Wave.

Accounting

  • Powerful, cloud-based accounting software
  • Unlimited, secure bank connections with Wave's Pro Plan*
  • Easy-to-use for freelancers and small business owners (while making accountants happy with robust reports and functionality)

Invoicing

  • Professional and customizable invoices that are quick and easy to create
  • Send unlimited recurring invoices to as many customers as you want
  • Download Wave’s free apps for iOS and Android to send invoices on-the-go

Online payments

  • Seamlessly connects with Wave’s invoicing and accounting software
  • With our Pro Plan, you can unlock rates starting at 2.9% + $0** for the first 10 credit card transactions each month and—until June 3, 2024—you can process unlimited credit card transactions for the same rate.
  • Time-saving features like scheduled payment reminders and automatic credit card payments

1 Rates are 1% for bank payments (minimum fee of $1). For information on credit card rates, visit Pricing for details.

Plans to make
your plans happen.

Save $20
Save $22
starter
Plan

Just starting your business or looking for the basics? This is the place.

$0
Get started now
  • Create unlimited estimates, invoices, bills, and bookkeeping records

  • Option to accept online payments

  • Invoice on-the-go via the Wave app

  • Manage cash flow and customers in one dashboard

pro
Plan
Recommended

Want to look more polished, save more time, and conquer cash flow? It’s Pro time.

$16/month
$20CAD/month

Billed monthly

Get started now
Everything in Starter, plus….
  • Option to accept online payments at a discounted rate

  • Auto-import bank transactions

  • Auto-merge and categorize bank transactions

  • Digitally capture unlimited receipts and track expenses

  • Automate late payment reminders

  • And more!

starter
Plan

Just starting your business or looking for the basics? This is the place.

$0
Get started now
  • Create unlimited estimates, invoices, bills, and bookkeeping records

  • Option to accept online payments

  • Invoice on-the-go via the Wave app

  • Manage cash flow and customers in one dashboard

pro
Plan
Recommended

Want to look more polished, save more time, and conquer cash flow? It’s Pro time.

$220CAD/year

Billed annually

$192 $170/year

$170/year

Billed annually

$192 $170/year

Get started now
Everything in Starter, plus….
  • Option to accept online payments at a discounted rate

  • Auto-import bank transactions

  • Auto-merge and categorize bank transactions

  • Digitally capture unlimited receipts and track expenses

  • Automate late payment reminders

  • And more!

*We use Plaid to facilitate bank connections. Not all financial institutions are supported so we can’t guarantee that you will be able to connect an account. Check Plaid's troubleshooting guide for more information or learn more about how bank connections work at Wave.

**Active subscription required. While subscribed to Wave’s Pro Plan, get 2.9% + $0 (Visa, Mastercard, Discover) and 3.4% + $0 (Amex) per transaction for an unlimited number of transactions during the offer period. After the offer ends: over 10 transactions per month at 2.9% + $0.60 (Visa, Mastercard, Discover) and 3.4% + $0.60 (Amex) per transaction. Discover processing is only available to US customers. See full terms and conditions

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