Wave Review

By Itai Varochik | Last updated February 1, 2026

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Our Verdict

Wave is the best free accounting software for freelancers and micro-businesses. Its core features rival paid competitors, though growing businesses may outgrow it.

GetASearch Score: 8/10

Rating: 4.2/5 (1600 reviews)

Pros

  • Completely free accounting
  • Free invoicing
  • Receipt scanning
  • Easy to use

Cons

  • Limited reporting
  • No inventory tracking
  • Fewer integrations
  • Payroll costs extra

Score Breakdown

CriteriaScore
Features7.0/10
Ease of Use9.0/10
Value for Money10.0/10
Customer Support5.0/10
Overall8.0/10

What is Wave?

Wave offers completely free accounting, invoicing, and receipt scanning for small businesses. It makes money through optional paid services like payroll and payment processing.

Wave Features

FeatureAvailableDescription
Free AccountingYesFull double-entry accounting
InvoicingYesProfessional invoices
Receipt ScanningYesSnap and categorize

Wave Pricing

Free (core features)

Best For

  • Freelancers
  • Sole proprietors
  • Micro-businesses
  • Startups

Final Verdict

Wave is the best free accounting software for freelancers and micro-businesses. Its core features rival paid competitors, though growing businesses may outgrow it.

Visit Wave