Free accounting and invoicing software for freelancers and small businesses that covers income and expense tracking, receipt scanning, and financial reporting.
Create and send unlimited invoices to clients at no cost
Track business income and expenses automatically
Scan and store receipts using the mobile app
Generate basic financial reports like profit & loss and balance sheets
Accept credit card and bank payments online (transaction fees apply)
Add payroll processing as a paid add-on starting at $20/month plus per-employee fees
No integrations listed yet for Wave.
This tool does not currently include AI features.
We update tool profiles regularly. Check back for changes or explore our AI Tools category for AI-powered alternatives.
Wave is a great fit if you're a freelancer, solo operator, or very small business that needs solid accounting and invoicing without paying a monthly fee. The free plan covers more than most paid tools — income tracking, expense management, and unlimited invoices — but you'll pay transaction fees when accepting payments online, and the customer support is limited unless you upgrade. If you're outgrowing basic bookkeeping or need payroll, the costs start adding up.
AI-generated training guides tailored to your team's size, skill level, and focus areas for Wave — coming in v0.3.2.
View our roadmap →We're building a review system so business owners like you can share real experiences with Wave.
