Wave Accounting Pricing 2025: Compare Plans and Costs

This allows you to create sales quotes based on Wave data, which you can then send to your customers. After the client approves, you can send it to Wave to automatically create an invoice. You can process all the payments with a single click, which saves time and reduces manual errors.

InvoiceBerry Review: Features, Pricing, & Alternatives

They can receive “editor permissions” and access accounting and reports as well as purchases easily. Visit your dashboard or use your invoicing or accounting features, and click the peach “Upgrade now” button. Learn more about changing subscription periods and plan types, and how to cancel your Pro subscription in our Help Centre. Also, anyone outside the US and Canada or operating a medium-to-large organization should look into alternative business accounting software like QuickBooks and Zoho Books. For example, invoice details can be added to a spreadsheet or Notion database.

• If you’re using the free plan, you can only access self-service help.
• BeginDot is your go-to resource for unbiased, user-driven reviews of the latest business software and SaaS solutions.
• The vibrant community forum is a treasure trove of tips and tricks shared by fellow Wave users, helping you unlock the full potential of the software.

Wave Pricing Plans in Detail

Wave Accounting charges no subscription fee, and it is a very secure platform. Wave Accounting has data security and fraud prevention features built into the software to protect all your information and keep your transactions safe. It doesn’t have inventory tracking and won’t have other features necessary if you’ve scaled above $100k in annual revenue.

Features

It also allows users to accept online payments and easily manage payroll and taxes without having specialized knowledge. Wave Accounting understands the diverse needs of its user base, offering a flexible pricing model that grows with your business. The Starter Plan is available for free, including essential features like unlimited invoicing, bookkeeping, and expense management. For businesses seeking more advanced functionalities, the Pro Plan is priced at $16 per month or $170 per year. Optional add-ons such as payroll services and professional bookkeeping support are available to tailor the platform to your needs. Transaction fees for online payments are competitive, ensuring affordability.

You didn’t start your business to be a bookkeeper

You’ll find the tax filing and compliance features particularly useful, as they take the stress out of managing payroll taxes, allowing wave accounting pricing you to focus on other aspects of your business. I found it incredibly easy to customize invoices to match my brand, and you can too. The ability to track payments and send reminders ensures you get paid on time, which is a huge relief for any business owner. Plus, the professional look of the invoices can impress your clients, enhancing your business’s credibility.

Wave also offers time-saving automations, such as recurring invoices, automatic billing, and receipt scanning. For a 100% online solution, Wave Accounting offers a very wide range of features. This topic covers the main features, of which we will review the main elements. This allows their core software, namely invoicing, accounting, and business banking (currently only available to sole proprietors in the US) to always be free.

Related Quote from Verified User

Wave is one of the finest free alternatives available since, unlike other free plans, it does not restrict you to a specific amount of invoices, clients, or transactions. This makes Wave among the best free-to-use accounting software options available. Payroll tax services are provided by Wave so that users can automatically pay and file their state and federal payroll taxes. You won’t have to carry your laptop for your travels or short trips. That’s because you can still create and send invoices using Wave Accounting software’s mobile application. Wave Accounting combines invoicing, expense tracking, and payroll management into one seamless solution.

They have data security and fraud prevention features built into the software to protect all your information and keep your transactions safe. Xero also offers inventory, project management, contact management, sales quotes, and multiple currencies. It allows you to create and track purchase orders and fixed assets.

Wave Payments

• Developers can also enjoy custom integrations with other tools thanks to Wave Accounting Software’s APIs.
• This allows you to create sales quotes based on Wave data, which you can then send to your customers.
• It has tools that are not available in Wave, such as inventory management, project tracking, and budgeting.
• You can also visit Wave’s Help Center to browse through a variety of application categories, ask a question, or access one of the Wave Guides.

Wave offers a variety of pricing plans to cater to different business needs. Below is a detailed breakdown of Wave’s plans, highlighting their key features for various business requirements. If you do want live support, you’ll need to invest in an Advisor or paid service. Since BlueCamroo has a time tracker, you can also generate a Wave invoice based on the billable hours.