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Wave Product Profile
Free accounting software for micro-businesses and solo creators
Editorial review record is being refreshed.
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Product resource
Wave
Free plan available
The Bottom Line
Wave is Free accounting software for micro-businesses and solo creators. This profile summarizes the product's current positioning, available features, pricing notes, and primary sources while the independent editorial review record is being refreshed.
What is Wave?
Wave was founded in 2010 in Toronto as a free accounting platform for small business owners who couldn't justify paying $30–$80/month for QuickBooks or FreshBooks. H&R Block acquired Wave in 2019, providing financial backing while the free accounting core remained intact. Wave targets solo entrepreneurs, freelancers, and micro-businesses with under 10 employees that need basic income/expense tracking and invoicing without accounting complexity.
What does Wave offer?
Wave's Starter plan is free indefinitely — includes invoicing, expense tracking, bank connections, financial reports, and accountant access. The Pro plan ($16/mo) adds receipt scanning, bank reconciliation automation, and better reporting. Wave Payments charges 2.9% + $0.60 per card transaction. Wave Payroll starts at $20/mo (tax-service states: $35/mo base + $6/employee). No inventory management, no project tracking, no multi-currency on the free plan.
Starter
$0
/month
Pro
$16
/month
Editorial assessment refresh
We are re-sourcing our prior score and tier before publishing a numerical rating or testing claim for this product. The product details, pricing notes, and linked sources remain available while that work is completed.
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Get Wave →Frequently Asked Questions
Is Wave worth it in 2026?
Wave has a current product profile, but we are not publishing an independent value verdict until its editorial review record is sourced. Confirm current pricing, limits, and fit with the provider.
What is Wave best for?
Wave is best for: Solo creators and micro-businesses needing zero-cost accounting, Freelancers who want basic invoicing and expense tracking without monthly fees, Very early stage businesses testing product-market fit on minimal budget.
Does Wave have a free plan?
Yes — Wave offers a free tier: Core accounting (invoicing, expenses, reports) is permanently free — no user limits.
What are the best Wave alternatives?
Top alternatives to Wave include quickbooks, freshbooks, zohobooks.
Review the current product details and sources above, then confirm plan limits and pricing directly with the provider before choosing a plan.
Get Wave →Free tier available — no credit card required