--- title: "Wave Software Overview 2026 - Features & Pricing" description: "Review of Wave Software: system overview, features, price and cost information. Get free demos and compare to similar programs." source_url: "https://www.softwareadvice.com/product/18767-Wave-Apps/" page_type: "product" language: "en" --- [Home](https://www.softwareadvice.com/) / [Billing and Invoicing Software](https://www.softwareadvice.com/accounting/billing-invoicing-software-comparison/) / Wave Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee. Overview [Reviews](https://www.softwareadvice.com/product/18767-Wave-Apps/reviews/)[Alternatives](https://www.softwareadvice.com/product/18767-Wave-Apps/alternatives/) # Wave Review From $19/month Free version 30-day free trial 2 plans Updated September 3, 2026 Written by [Eduardo Garcia](https://www.softwareadvice.com/resources/author/eduardo-garcia/) Content Analyst Edited by [Caroline Rousseau](https://www.softwareadvice.com/resources/author/caroline-rousseau/) Senior Editor Wondering if Wave is right for your organization? Our Billing and Invoicing Software selection experts can help you in 15 minutes or less. On this page - Our Summary - User Interface - Popular Alternatives - Pricing and Plans - Features - Integrations - Key Sentiments - User Reviews - Frequently Asked Questions - Popular Comparisons ## Our Summary Wave 4.4 [(1730)](https://www.softwareadvice.com/product/18767-Wave-Apps/reviews/) FrontRunner 2026 Pros: - Free version - Invoicing features Cons: - Limited customer support - Lack of advanced features Pricing Starting at $19.00 flat rate per month ### What is Wave: Wave is an online accounting software built to simplify bookkeeping for businesses. People often use Wave for invoicing, billing, tracking payments, managing payroll, scanning receipts, and other financial management functions. ### Why we like Wave: Wave excels in its billing and invoicing features, with reviewers specifically praising its online and invoice creation tools. Based on 1,662 reviews, Wave also scores high marks for its value for money, with a rating of 4.6 out of 5. Reviewers also appreciate Wave’s ease of use, giving it an average rating of 4.5 out of 5. ### Who should use Wave: Wave is an effective solution for smaller businesses, with 72% of reviewers hailing from companies with one to 10 employees. It meets the needs of small businesses across a wide range of industries, earning 5-star reviews from real estate, supply chain, construction, consumer goods, and other professionals. Wondering if Wave is right for your organization? Our Billing and Invoicing Software selection experts can help you in 15 minutes or less. ## Wave User Interface ## Popular Wave Alternatives Main Product Wave 4.4 [(1730)](https://www.softwareadvice.com/product/18767-Wave-Apps/reviews/) Ratings Breakdown - 4.45Ease of use - 4.58Value for money - 4.00Customer support - 4.22Functionality Pricing Starting at $19.00 per month Get Price Alternative Product [PayPal](https://www.softwareadvice.com/retail/paypal-profile/) 4.6 [(26628)](https://www.softwareadvice.com/retail/paypal-profile/reviews/) Ratings Breakdown - 4.65Ease of use - 4.52Value for money - 4.25Customer support - 4.56Functionality Pricing Available upon request Get Price Alternative Product [QuickBooks Online](https://www.softwareadvice.com/product/393202-QuickBooks-Online/) 4.3 [(8521)](https://www.softwareadvice.com/product/393202-QuickBooks-Online/reviews/) Ratings Breakdown - 4.24Ease of use - 4.16Value for money - 4.00Customer support - 4.27Functionality Pricing Starting at $38.00 per month Get Price Alternative Product [Abby](https://www.softwareadvice.com/cpq/abby-profile/) 4.7 [(604)](https://www.softwareadvice.com/cpq/abby-profile/reviews/) Ratings Breakdown - 4.73Ease of use - 4.69Value for money - 4.72Customer support - 4.58Functionality Pricing Starting at €0.01 per month Get Price Alternative Product [Bookipi](https://www.softwareadvice.com/accounting/bookipi-profile/) 4.8 [(176)](https://www.softwareadvice.com/accounting/bookipi-profile/reviews/) Ratings Breakdown - 4.79Ease of use - 4.75Value for money - 4.57Customer support - 4.64Functionality Pricing Available upon request Get Price Alternative Product [Xero](https://www.softwareadvice.com/accounting/xero-profile/) 4.4 [(3324)](https://www.softwareadvice.com/accounting/xero-profile/reviews/) Ratings Breakdown - 4.36Ease of use - 4.24Value for money - 4.04Customer support - 4.30Functionality Pricing Starting at $25.00 per month Get Price ## Wave Overview Online accounting software that provides features including invoicing, billing, payment tracking, payroll management, finance management, credit card processing, and receipt scanning. Wave Accounting is designed to help businesses streamline bookkeeping processes. With Wave's bank reconciliation tools, businesses can manage all bank account and credit card information in real-time to improve bookkeeping. Businesses can also generate reports that include various data such as sales tax, balance sheet, cash flow, profit/loss, plus more. Wave's dashboard includes an invoicing t... ool that collects invoice payments. A small business owner can choose customizable invoicing templates based on unique business needs. Invoices can be sent via email and the software's credit card processing feature allows users to collect payments online. Recurring invoices and automatic payment features are available for regular customers. Wave empowers users to keep track of their business's financial health by offering accounting reports. These reports provide insights by allowing for month-to-month or year-to-year comparisons. By identifying cash flow trends, businesses can make informed decisions to navigate their financial landscape. It organizes income, expenses, payments, and invoices through the dashboard. Its security measures assist with the protection of sensitive financial data. Bank data connections are read-only and encrypted using 256-bit encryption. The servers are housed under physical and electronic protection, and Wave is PCI Level-1 certified for handling credit card and bank account information, further enhancing the security of users' financial information. ## Wave Pricing and Plans Starting price: $19.00 per month Free Trial Free Version Starter $0.00 flat rate, per month Plan includes: - Basic Bookkeeping Features - Basic Invoicing Features Pro $19.00 flat rate, per month Plan includes: - Manage Cash Flow With Ease - Send Recurring Invoices - Set Up Deposit Requests - Automate Payment Reminders - Save Hours With Bookkeeping Automation - Automatically Import And Categorize Bank Transactions - Scan And Digitize Business Receipts With OCR Technology - Add Attachments To Invoices And Estimates - Create Reusable Message Templates - Manage Accounting Transactions In Mobile App Confused about pricing? We've got you covered. Get a personalized pricing breakdown tailored to your specific needs—no guesswork, no generic estimates. ### Our Analysis of Wave's Pricing Plans Navigating the sea of pricing plans for financial software can be daunting for many. That's why we've taken a deep dive into Wave's pricing structure to help you determine which option is the best fit for your business. We'll explore the advantages and potential drawbacks of each plan, so you can make a well-informed decision. Wave offers two main plans: the Starter Plan and the Pro Plan. Additionally, there are optional add-ons available to... enhance your experience. Each plan and add-on is designed to cater to different business sizes and financial management needs. \_\_Starter Plan\_\_ Wave's Starter Plan is the perfect choice for entrepreneurs and small businesses just starting out. This free plan offers a comprehensive set of features to help you manage your finances effectively. Unlimited invoicing, estimates, and expense tracking can help you stay on top of your cash flow and keep your business running smoothly. \*\*Pros:\*\* - \*\*No cost:\*\* As a completely free plan, it allows you to access essential accounting tools without any financial burden. - \*\*Unlimited transactions:\*\* Create and send as many invoices, estimates, and bills as you need without restrictions. - \*\*Mobile app:\*\* Manage your finances on the go with the Wave mobile app. \*\*Cons:\*\* - \*\*Limited integrations:\*\* The Starter Plan may not integrate with all the third-party apps and services you need. - \*\*Basic reporting:\*\* While it provides essential reports, more advanced reporting options are only available in the paid plans. - \*\*No dedicated support:\*\* Priority customer support is reserved for users on the paid plans. \_\_Pro Plan\_\_ Businesses looking to streamline their accounting processes and access more advanced features can opt for Wave's Pro plan. At $170 a year or $16 a month, this plan unlocks a host of automation features such as late payment reminders and auto-import and auto-merge of bank transactions. \*\*Pros:\*\* - \*\*Automated transaction import:\*\* Connect your bank accounts and credit cards to automatically import and categorize transactions. - \*\*Receipt scanning:\*\* Capture and organize receipts using Wave's mobile app and OCR technology. - \*\*Discounted payment processing:\*\* Benefit from reduced transaction fees when accepting online payments from your customers. \*\*Cons:\*\* - \*\*Subscription cost:\*\* The monthly or annual subscription fee may not fit every business's budget. - \*\*Learning curve:\*\* With more advanced features comes a slightly steeper learning curve compared to the Starter Plan. - \*\*Limited users:\*\* The Pro Plan may not be suitable for larger teams that require multiple user accounts. \_\_Add-ons and Optional Services\_\_ Wave offers a range of optional add-ons and services to cater to the unique needs of your business. These include payroll processing, bookkeeping support, and advanced receipt scanning. While these services come at an additional cost, they can significantly enhance your accounting experience and save you valuable time. - \*\*Payroll:\*\* Starting at $20-25 per month, Wave's payroll service simplifies the process of paying your employees and handling taxes. - \*\*Bookkeeping:\*\* Get expert assistance from Wave's team of bookkeepers, with plans starting at $149-199 per month. - \*\*Receipt scanning:\*\* Upgrade your receipt management with unlimited scanning and organization from $8 a month or $72 a year with the Starter plan. Note this add-on is already included in the Pro plan. By offering a mix of free and paid plans, along with optional add-ons, Wave ensures that there's a solution for every business, regardless of size or budget. Whether you're just starting out or looking to scale your operations, Wave's flexible pricing and powerful features make it a top choice for managing your finances. \_\_Conclusion\_\_ Wave provides flexible options designed to cater to businesses of various sizes and financial management needs. - \*\*For freelancers and micro-businesses:\*\* The Starter Plan is an ideal choice, offering a robust set of features at no cost. This plan allows users to create unlimited invoices and estimates and manage their cash flow without any financial commitment. However, as the business grows, the limitations of the free plan may become apparent, necessitating an upgrade. - \*\*For small to medium-sized businesses:\*\* The Pro Plan is a comprehensive solution that offers advanced features such as automatic bank transaction imports, receipt capture, and late payment reminders. The monthly or annual subscription fee is justified by the time-saving automation and the discounted online payment processing rates. This plan is perfect for businesses looking to streamline their financial management processes and scale their operations. When deciding on a plan, businesses should carefully assess their current financial management needs, projected growth, and budget. By aligning these factors with the appropriate pricing plan, a business can optimize its financial efficiency and lay a strong foundation for future success. Wave's pricing structure offers the flexibility to start small and scale up as needed, making it an attractive choice for businesses at various stages of their journey. ### Compare Pricing Compare pricing across our most frequently recommended Billing and Invoicing products. Software options Starting price\* User rating [Sage 50 Accounting](https://www.softwareadvice.com/accounting/sage-50cloud-profile/) $124.42 per month 4.01[(625 reviews)](https://www.softwareadvice.com/accounting/sage-50cloud-profile/reviews/) **212** recommendations [Canopy](https://www.softwareadvice.com/product/127735-Canopy-Tax/) $22.00 per month 4.53[(286 reviews)](https://www.softwareadvice.com/product/127735-Canopy-Tax/reviews/) **26** recommendations [Mango Practice Management](https://www.softwareadvice.com/bpm/mangobilling-profile/) $35.00 per month 3.84[(61 reviews)](https://www.softwareadvice.com/bpm/mangobilling-profile/reviews/) **17** recommendations [Housecall Pro](https://www.softwareadvice.com/construction/housecall-profile/) $79.00 per month 4.68[(2744 reviews)](https://www.softwareadvice.com/construction/housecall-profile/reviews/) **8** recommendations [Odoo](https://www.softwareadvice.com/crm/odoo-profile/) $31.10 per month 4.19[(1327 reviews)](https://www.softwareadvice.com/crm/odoo-profile/reviews/) **7** recommendations \*Defined as the price above any available free plan ## Wave Features Drawn from insights across 1730 verified reviews, we've outlined Wave's best and worst rated features and how they stack up against the average rating. Wave's score Category average Wave's Best Rated Features Customer Statements 4.90 4.0 category average Reporting/Analytics 4.88 3.96 category average For Small Businesses 4.77 4.50 category average Wave's Worst Rated Features Tax Compliance 1.14 3.96 category average Payroll Reporting 1.86 4.23 category average Fixed Asset Management 3.08 3.60 category average - Popular features found in Billing and Invoicing Billing Portal Contact Database Customizable Invoices Invoice Processing Mobile Payments Multi-Currency Payment Processing Quotes/Estimates Reporting & Statistics Tax Calculation Time & Expense Tracking - More features of Wave Access Controls/Permissions Accounting Accounting Integration Accounts Payable Accounts Receivable ACH Payment Processing Activity Dashboard Activity Tracking Alerts/Notifications Automatic Billing Bank Reconciliation Billing & Invoicing Budgeting/Forecasting Cash Flow Management Cash Management Chart of Accounts Collaboration Tools Commission Management CPA Firms Credit Card Processing CRM Currency Conversion Customer Statements Customizable Branding Customizable Templates Dashboard Data Import/Export Data Security Direct Deposit Electronic Payments Email Reminders Encryption Estimating Expense Tracking Financial Analysis Financial Management Financial Reporting Fixed Asset Management For Legal Professionals For Medical Purposes For Real Estate For Religious Organizations For Small Businesses Fund Accounting General Ledger Income & Balance Sheet Inventory Management Invoice Creation Invoice History Invoice Management Mobile App Online Invoicing Partial Payments Payment Reconciliation Payment Tracking Payroll Management Payroll Reporting PCI Compliance Profit/Loss Statement Project Accounting Projections Purchase Order Management Real-Time Notifications Real-Time Updates Receipt Management Receivables Ledger Recurring Invoicing Recurring/Subscription Billing Reminders Remote Access/Control Reporting/Analytics Revenue Recognition Sales Tax Management Spend Management SSL Security Status Tracking Tax Compliance Tax Filing Tax Management Third-Party Integrations Transaction History Transaction Management ## Wave Integrations Based on 1730 verified reviews, we've identified products most frequently integrated withWave. Microsoft Outlook Integration rated 4.8 from 5 reviews Shoeboxed Integration rated 4.5 from 4 reviews Stripe Integration rated 5.0 from 3 reviews Google Drive Integration rated 4.0 from 2 reviews Square Point of Sale Integration rated 5.0 from 2 reviews Insite Banking System Integration rated 5.0 from 1 review See all 17 integrations ## Wave Key Sentiments We analyzed 1730 verified reviews for Wave to find out what actual users really think. Most Positive Sentiments Small business accounting 79% Positive 16% Neutral 5% Negative Reviewers value Wave's free accounting option, which is ideal for small businesses and startups on tight budgets. They find the software affordable and easy to use, offering essential accounting features without the need for expensive subscriptions. However, some users note that Wave's limited features may not be sufficient for larger businesses or those with more complex accounting needs. Invoicing 64% Positive 31% Neutral 6% Negative Users appreciate Wave's extensive customization options for invoices, which allows them to create professional and personalized documents. They find the invoicing feature easy to use, as it enables them to send invoices, track payment statuses, and manage recurring invoices effortlessly. Additionally, users value the automation of billing tasks, which reduces manual processes and enhances efficiency. Accounting software 59% Positive 28% Neutral 13% Negative Reviewers find Wave's accounting software user-friendly and secure, making it accessible even for those with minimal accounting knowledge. They appreciate the cloud-based nature of the software, which allows for easy access and collaboration from anywhere. Users also highlight the ability to add accountants to their accounts, facilitating seamless professional collaboration. Least Positive Sentiments Bank account integrations 33% Positive 37% Neutral 31% Negative Users like the ability to link multiple bank accounts and manage transactions automatically within Wave. They appreciate the convenience of syncing their business and personal accounts, which streamlines financial management. However, users report frequent sync problems and issues with maintaining stable bank connections, which can be frustrating and time-consuming. Payment processing 42% Positive 37% Neutral 21% Negative Users appreciate Wave's multiple client payment options, including credit card and ACH payments, which facilitate quick and convenient transactions. They find the payment tracking feature useful for managing their finances and ensuring timely payments. However, users experience issues with payment holds, limited payment options, and slow processing times, which can hinder their business operations. Financial reporting 51% Positive 29% Neutral 19% Negative Reviewers find Wave's financial reporting features helpful for generating essential reports like profit and loss statements and balance sheets. They appreciate the real-time insights and the ability to customize reports to some extent. However, users feel that the reporting options are limited and lack the depth needed for more detailed financial analysis, which can be a drawback for growing businesses. ## Wave User Reviews ## Wave customer ratings - Overall rating: 4.4/5 - Total reviews: 1,730 ### Rating distribution - 5 stars: 1,060 reviews (61%) - 4 stars: 451 reviews (26%) - 3 stars: 107 reviews (6%) - 2 stars: 34 reviews (2%) - 1 star: 78 reviews (5%) ### Secondary ratings - Ease of use: 4.5/5 - Value for money: 4.6/5 - Customer support: 4.0/5 - Functionality: 4.2/5 --- ### Wave payments - Overall rating: 5/5 - Reviewer: Ronald W. - Verified reviewer: Yes - Industry: Design - Company size: Self-Employed - Product usage: Used monthly for more than 2 years - Reviewed: August 2026 - Review source details: This review was submitted organically. No incentive was offered #### Ratings breakdown - Ease of use: 5/5 - Value for money: 5/5 - Customer support: 4/5 - Functionality: 5/5 #### Pros So far, Wave has been wonderful for me to use. I mostly use the invoicing system and it works great for my needs. #### Cons The con that I've had is that the debit card feature that was once offered was ended. I looked forward to using it more. #### Reasons for switching to Wave My free trial was up and I needed a free invoicing product. --- ### Best accounting software features for free! - Overall rating: 5/5 - Reviewer: Josh C. - Verified reviewer: Yes - Industry: Design - Company size: 2-10 employees - Product usage: Used daily for more than 2 years - Reviewed: April 2026 - Review source details: This review was submitted organically. No incentive was offered Wave is awesome. It is easy to use, looks up to date, it has great pricing and also has a phone app that makes things easy like applying payments and checking invoices when out and about. #### Ratings breakdown - Ease of use: 5/5 - Value for money: 5/5 - Customer support: 4/5 - Functionality: 5/5 #### Pros Most everything is free so it is a great value. The price of payment processing is comparable to other services. The invoices and auto invoices work quite well and look nice and it is easy for my customers to pay. #### Cons The most annoying thing is the invoice names especially for auto invoices. I use what was done for invoice names and numbers rather than just a number. So it now makes the next invoice number as whatever the last invoice name was and just add one to it so they don't make sense so I have to manually make a name. #### Reasons for choosing Wave Price was one of the main things and heard some not so great things about quickbooks the online version. --- ### Still a Top Choice! - Overall rating: 5/5 - Reviewer: Amanda C. - Verified reviewer: Yes - Industry: Non-Profit Organization Management - Company size: 2-10 employees - Product usage: Used weekly for more than 2 years - Reviewed: August 2026 - Review source details: This review was submitted organically. No incentive was offered #### Ratings breakdown - Ease of use: 5/5 - Value for money: 5/5 - Customer support: 4/5 - Functionality: 3/5 #### Pros The cost of Wave compared to other similar options, is far better. The integration with a variety of banking institutions makes accounting in real-time possible. #### Cons I would like to see more reports available under the reporting tab. It does not allow for budget input making it slightly more difficult to measure true spending against what was planned. #### Reasons for choosing Wave The price and the ease of use were the deciding factors. --- ### Do Not Use Wave Payments — Funds Held After Customer Paid - Overall rating: 1/5 - Reviewer: emir k. - Verified reviewer: Yes - Industry: Environmental Services - Company size: 2-10 employees - Product usage: Used weekly for less than 6 months - Reviewed: June 2026 - Review source details: This review was submitted organically. No incentive was offered My overall experience with Wave was extremely negative and damaging to my business. I used Wave for the first time to create a proposal and invoice for a legitimate completed project. My customer paid through Wave by ACH/bank payment, and the funds were withdrawn from the customer, but Wave did not release the payment to my business account. Instead, Wave later claimed they were unable to verify my business and stated that the funds could be held for 70 days. They did not provide a clear explanation, did not request specific verification documents before holding the payment, and did not give me a meaningful opportunity to resolve the issue. As a small business owner, this is completely unacceptable. I rely on timely payment for completed work, and this experience caused unnecessary disruption, stress, and damage to my customer relationship. I would never use Wave again under any circumstances, and I strongly recommend that other businesses look for other invoicing and payment processing options. #### Ratings breakdown - Ease of use: 1/5 - Value for money: 1/5 - Customer support: 1/5 - Functionality: 1/5 #### Pros Nothing significant. The proposal and invoice setup seemed simple at first, but that became irrelevant once Wave accepted my customer’s ACH payment, withdrew the funds, and then refused to release the payment to my business account. #### Cons The worst part of Wave was the payment processing experience. I used Wave for the first time to create a proposal and invoice. My customer paid by ACH/bank payment through Wave, the funds were withdrawn from the customer, and then Wave refused to release the payment to my business account because they claimed they could not verify my business. Wave did not first request specific documents, did not explain exactly what verification failed, and did not give me a meaningful opportunity to resolve the issue. My company is a legitimate registered and insured business, and I can provide EIN documentation, LLC registration, insurance, business banking information, invoice, proposal, customer payment confirmation, and proof of completed work. Instead of releasing the payment, Wave stated that the funds could be held for 70 days and then refunded to the customer. This is unacceptable for a small business. Based on my experience, I would not recommend Wave Payments to any business that depends on timely access to customer payments. #### Reasons for choosing Wave I chose Wave because it appeared to be a simple and convenient option for creating proposals, invoices, and accepting customer payments. In hindsight, that was a mistake. I should have used a more reliable payment processing option with better verification, communication, and protection for small businesses. --- ### It's Been Great for My Business! - Overall rating: 4/5 - Reviewer: Amber M. - Verified reviewer: Yes - Industry: Design - Company size: Self-Employed - Product usage: Used daily for less than 2 years - Reviewed: March 2026 - Review source details: This review was submitted organically. No incentive was offered It's been a great software to get me started in my business and it's easy for my clients to navigate invoices and payments. That is a win! I am able to track my spending with categories, as well, and that makes it easier to do my taxes at the end of each year. #### Ratings breakdown - Ease of use: 5/5 - Value for money: 5/5 - Customer support: 5/5 - Functionality: 5/5 #### Pros I use Wave for my accounting and invoicing software. It's super affordable and easy to implement, which was a great starting point when I launched my business! The customer support has always been helpful when I've needed it. The option to create recurring invoices has been amazing, as well as the reports I can pull at the end of each year. Super helpful! #### Cons The auto-import for my bank transactions has not been working for a while, and although Wave Customer Support did what they could, I wish this could be more easily resolved. It's been a bit tedious having to manually import them. I also think that if I'm paying for a Pro subscription, I should have fewer fees being taken out. (I canceled the Pro subscription before the year was up.) Furthermore, the receipt uploading is great except that it creates a new transaction. It'd be nice if it could match the receipt with the transaction, since I will later import all transactions from the bank into Wave and that will cause duplicates. #### Reasons for choosing Wave Cheaper and easier to use as I was starting my business. --- ### Wave has been the perfect fit for me - Overall rating: 5/5 - Reviewer: Kathryn S. - Verified reviewer: Yes - Industry: Professional Training & Coaching - Company size: Self-Employed - Product usage: Used weekly for more than 2 years - Reviewed: February 2026 - Review source details: This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you. Overall, if I had to set things up all over again, I would still pick Wave. It's been an excellent fit for my business. #### Ratings breakdown - Ease of use: 5/5 - Value for money: 5/5 - Customer support: 5/5 - Functionality: 5/5 #### Pros I first started using Wave after trying to learn Quickbooks and finding it frustrating and way too complicated for my small, service-bases business. Wave was free at the time, and it was far more intuitive. I had a couple of questions that were easily answered by searching through Wave's online resources. I'm not a professional bookkeeper, and I felt way more confident using Wave than I did using Quickbooks. I've kept using it for years even after there was a cost to do so because it was definitely worth it. It continues to be easy to use, and now that I have a part time bookkeeper who helps me out, it lets us collaborate very well. #### Cons Wave's integration with my bank has not always worked effectively, and that has caused some problems. I'm not clear on whether it's my bank or Wave that's the issue, but a couple of times, the integration stopped working then started working again, and this resulted in some duplicate entries that had to be cleared out. It was simple enough to fix but irritating. #### Reasons for choosing Wave Wave was far easier to use than Quickbooks. #### Reasons for switching to Wave Kashoo raised their prices a ridiculous amount. --- ### Love Hate Relationship - Overall rating: 3/5 - Reviewer: Ron W. - Verified reviewer: Yes - Industry: Real Estate - Company size: 2-10 employees - Product usage: Used daily for less than 2 years - Reviewed: December 2025 - Review source details: This review was submitted organically. No incentive was offered Love the UI and wanted it to be a viable alternative to the other players in the bookkeeping/accounting market but it fell far short and failed in it’s current itteration. Love the free version but it’s super basic and limited but upgrading to paid version is very expensive when using it for more than 1 business and offers inadequate features to do the job vis-a-vis other competitors in the market. If … WAVE would add AI, connectivity to banks and credit cards, and features to operate multiple businesses in the paid subscription I’d use it. As my daily driver vs the competitors. #### Ratings breakdown - Ease of use: 5/5 - Value for money: 3/5 - Functionality: 3/5 #### Pros Ability to have multiple accounts/businesses (free version only) Value for the money Very user friendly Payments and invoicing features #### Cons Inability to have multiple accounts/businesses in paid version Poor Value for the money with paid version because each account requires additional pay subscription Lack of AI Categorization vs competitors Lack of connectivity ability to import Banks & Credit Cards transctions #### Reasons for switching to Wave Better UI, ease of use, invoicing and payment capability --- ### Best bookkeeping for small businesses - Overall rating: 5/5 - Reviewer: Trey R. - Verified reviewer: Yes - Industry: Sports - Company size: 2-10 employees - Product usage: Used daily for more than 2 years - Reviewed: August 2026 - Review source details: This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you. Great. I love this software so much and has been a game changer for my small business and bookkeeping without paying a huge fee. #### Ratings breakdown - Ease of use: 5/5 - Value for money: 5/5 - Customer support: 5/5 - Functionality: 5/5 #### Pros I love the simplicity of this platform for book keeping and being able to track payments. It is simple straight forward and easy to use even on a free plan. #### Cons I do not have any complaints or things I do not like about this software. It is perfect for a small business. #### Reasons for switching to Wave Needed something easier and a way to send invoices over to clients and bookkeeping --- ### Now Charging for Previously Free Features - Overall rating: 2/5 - Reviewer: Craig B. - Verified reviewer: Yes - Industry: Accounting - Company size: 2-10 employees - Product usage: Used weekly for more than 2 years - Reviewed: May 2026 - Review source details: This review was submitted organically. No incentive was offered Uptime and use are great - I have a few low volume clients and non-profits that cannot afford the other packages - now they are charging for services that were included in the free package - not cool! #### Ratings breakdown - Ease of use: 3/5 - Value for money: 3/5 - Customer support: 1/5 - Functionality: 3/5 #### Pros Accounting software is free - great for small (micro) businesses just starting out or that only have low volume of transactions. Intuitive from an accountant's perspective #### Cons Accounting is free - but now they are removing features from the "Free Accounting" package and charging for them - auto import of bank transactions. Then, limiting the number of users - NOT COOL! #### Reasons for choosing Wave The lure of FREE accounting that allowed for importing bank transactions. However, not any more - importing bank transactions now costs a monthly fee. --- ### A very sensible way to automate at least parts of the tedious accounting. - Overall rating: 5/5 - Reviewer: Kalvin E. - Verified reviewer: Yes - Industry: Entertainment - Company size: 10000+ employees - Product usage: Used daily for more than 2 years - Reviewed: August 2026 - Review source details: This review was submitted organically. No incentive was offered Wave greatly simplifies accounting. The greatest benefit is clearly the time saved! Many process steps are automated, which saves a considerable amount of time. It eliminates the need for unnecessary analysis using Excel spreadsheets. #### Ratings breakdown - Ease of use: 4/5 - Value for money: 5/5 - Customer support: 5/5 - Functionality: 4/5 #### Pros I want to express my enthusiasm for Wave. It's an incredibly useful tool that offers me numerous advantages. First of all, I can store and manage all my invoice information in one place - which has significantly simplified managing invoice records! I can even receive automatic notification reminders when payment deadlines are approaching or have been missed - so I'm always on top of things. Furthermore, I have access to detailed reporting tools for monitoring finances as well as real-time updates on the status of each transaction. This tool makes it easy for me to keep everything under control and saves me time. Considering these fantastic features, I'm so glad Wave exists and I'm already looking forward to further improvements in the future! #### Cons One of the biggest weaknesses is the user interface, as it is neither intuitive nor user-friendly. Furthermore, it lacks features such as automatic reporting functions for invoice information. --- Showing 1 - 10 of 1730 Reviews [See All Reviews](https://www.softwareadvice.com/product/18767-Wave-Apps/reviews/) ## Wave FAQs - How much is Wave per month? Wave offers a free plan and a paid plan that costs $16 per month when billed monthly, or $170 per year when billed annually. The Starter plan is free and comes with many features, such as the ability to create unlimited estimates and invoices, manage cash flow, and accept online payments. The paid version has these features plus the ability to automatically import and merge bank transactions, digitally capture unlimited receipts, track expenses, and more. - Does Wave connect to your bank account? Yes, Wave connects to your bank account if you use the paid version. You also have the option of automatically integrating transaction data with your Wave app. In this way, you can save time when it comes to syncing your Wave data with that of your bank account. - How trustworthy is Wave? Wave is considered very trustworthy because it uses many of the security features that banks use to protect users’ data. For example, Wave encrypts sensitive information, so eavesdropping attackers can’t steal it. It also gives users backup systems they can use to restore vital data if there’s an outage or disaster. - Can you write checks with Wave Accounting? Wave doesn’t have a feature that enables you to write or print checks, but you can integrate Wave with a third-party check-writing service. This gives you the ability to generate checks using payroll or invoice data from within Wave, sending the data directly to the check-writing service. - Can I withdraw money from Wave? No, you can’t withdraw money from Wave because it’s not a bank. It’s a tool to help you manage your finances. Even though Wave keeps track of transactions, it doesn’t hold money for you. 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Our experts can help you compare Wave with other top options, so you can find the best fit for your needs. ## See what companies are saying about Software Advice