Wave: plans, prices and score

Wave gives a single business free invoicing and bookkeeping, and sells bank import in a paid plan. The paid side is explained in the paid parts of Wave, and a wider look at what costs nothing is in accounting you can start for nothing. In the full group, picking an accounting tool places Wave second.

Plans and score

Starter costs nothing. Pro costs $19 a month, or $15.83 a month on annual billing, and adds bank import and receipt capture. Wave says the Pro fee is per business, so a second business adds $19 a month. It rates 4.4 from 1,731 Capterra reviews, and its price level for one business is the top one.

Ledgers that compete with QuickBooks ranks Wave beside the rest, and what Zoho Books earns shows the nearest free rival on the same rubric. Zoho’s own free tier is explained in the free plan from Zoho.

Who should look elsewhere

Zoho Books earns a higher bank-matching level, QuickBooks Online a higher reports level and FreshBooks a higher invoicing level, so each is listed under the point where it beats Wave. Wave’s bank import sits on the paid plan, which is why bank matching scores lower.

Bank matching is the habit that suffers on the free plan, since lines come in by hand. Comparing the ledger with the bank shows the routine, reconciliation answers cover the rest, and answers on Xero, Wave and Zoho cover pricing for the other tools.

Quick answers

For a paid benchmark, a month of Xero is a useful number to hold against Wave Pro. A search through every question is the fastest way to find a related answer.