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Wave Reviews: Pricing and Features

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(1 User Rating)

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Features & Functionality
Industry avg 6.4
Ease of use
Industry avg 6.4
Value for money
Industry avg 7.72
Customer Support
Industry avg 6.32
Best For:
  • Low cost software

Manage by : Brian | Category : Accounting ,  | The score for this software has not changed over the past month.

Editors note – This review has been created by looking at 803 datapoints and the opinions of actual users of the software and the company representative. Wave as a FindrScore of 43.It’s also priced reasonably with the occasional promotions.
Wave is one of the leading free small business accounting solutions. It offers an excellent collection of features which makes it ideal for small business up to 10 members. Freelancers, consultants, and entrepreneurs can also use it. The app offers a great dashboard which makes it easy to access different section of the software. With Wave, you can efficiently manage the whole accounting process and eliminate the need to do manual work every step. It can be used to generate invoices, do tax management and much much more! The best part is that Wave solution is entirely free of cost.


  • Income and expenditure tracking
  • Automated invoicing and billing
  • Online payment supported
  • Easy Invoice creation
  • Handles receipt
  • Tax management
  • Great dashboard
  • Great community
They offer support through their support page: https://support.waveapps.com/hc/en-us. They don’t seem to have dedicated support services. However, you can join their community for getting help from fellow users.
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Adaptation by Geography

United States 50%
India 0%
United Kingdom 0%
Australia 0%
Brazil 0%
Canada 0%
Germany 0%
France 0%
Italy 0%
Indonesia 0%
Pakistan 0%
Poland 0%
Bangladesh 0%
Spain 0%
Netherlands 0%
After analyzing our data gathered on our platform Wave is popular in these countries United States

Pros & Cons

3 Reasons to buy

  • Compared to others the price is reasonable
  • Offers free plan with multiple advanced features
  • A contender in Best Accounting Software For Small Business (2020 Compared)

1 Reasons not to buy

  • Lack of features compared to other solution in this category

Ranking & Positions

Key Features

When looking at a solution like Wave, users on our platform are wanting these top three features Expense tracking,Automatic tax calculations,Reminders & late fees. Below you will find some of the top feature highlights of Wave ranked and rated by your peers.
Online invoicing {{ Onlinexinvoicing.status}}
Electronic payments {{ Electronicxpayments.status}}
Expense tracking {{ Expensextracking.status}}
Accounting reports & taxes {{ Accountingxreportsxxxtaxes.status}}
Automatic expense import {{ Automaticxexpenseximport.status}}
Data import {{ Dataximport.status}}
Credit card processing {{ Creditxcardxprocessing.status}}
Request deposits {{ Requestxdeposits.status}}
Apply discounts to invoices {{ Applyxdiscountsxtoxinvoices.status}}
Automatic tax calculations {{ Automaticxtaxxcalculations.status}}
Profit & Loss {{ ProfitxxxLoss.status}}
Multi-currency {{ Multixcurrency.status}}
Recurring billing {{ Recurringxbilling.status}}
Cash Flow Statement {{ CashxFlowxStatement.status}}
Account Reconciliation {{ AccountxReconciliation.status}}

Wave Pricing Overview

  • Freemium
  • Accounting software: $0, no setup fees, no hidden charges.

    Receipt scanning: $0, no setup fees, no hidden charges

    You can learn what they offer in each of the above packages by checking their pricing page: https://www.waveapps.com/pricing

Pricing ModelOpen Source 0%Subscription 80%Freemium 20%One-time License 0%Promotional Offers40% Free Trials 60%

That is the average price for a solution in this field and Wave is on the lower end so price wise it’s a great offer.

low Mid High
After analyzing 4similar solutions the data above show that QuickBooks offers the lowesest starting price while FreshBooks offers the highest entry price.That being said is also worthtaking a closer look at whats on offer because sometimes you may get way more value for a solution with a higher entry price and vise versa

Average FindrScore in this Category

  1. 33(FS)
    Lowest score
  2. 55(FS)
    Average score
  3. 43(FS)
  4. 74(FS)
    Highest score

SoftwareFindr Market Radar

The SoftwareFindr Market Radar compares all solutions on our platform in your chosen category and tries to segment them to give you a visual representation of the market. All the solutions are compared two-dimensionally which takes into account their FindrScore which is given based on numerous data points and research frequency. The average FindrScore for products like Wave is 58 which we’ve used as a threshold to only show the top 10 solutions.

Compare Wave to Similar Solutions

When evaluating Wave our users also give serious thoughts to these other solutions

Alternatives to Wave

Not quite satisfied with Wave? No worries, users who research this solution also look at FreeAgent. The cheapest alternatives we found in our system are QuickBooks which users are having a positive experience with. For a detailed breakdown, click here to see the best Wave alternatives.


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What Support Does This Vendor Offer?

  • Forum

satisfaction rating which isnt the best and worth consideration if you feel you might need support.

Looking at data gathered on our platform the industry average for this category is 63.2 % satisfaction rate which means Wave is below this industry average

Frequently Asked Questions

Q. Is Wave good for beginners?

Ans. Users who have used Wave as reported that it’s fairly easy to grasp.

Q. How good is Wave in United States?

Ans.Out of all the users on our platform Wave as the highest adaptation rate in United States

Q. How much does Wave cost?

Ans. Free to use.

Q. What type of support can I expect with Wave?

Ans. The majority of users who are sharing their experience with us on Wave are experiencing a poor experience with the support offered through Forum.

Q. Are there any coupons for Wave?

Ans. There are no record on our system of Wave offering coupons historically

Q. Can I try Wave for free?

Ans. Yes there is a free trial available which should give you enough time to test out Wave to see if it’s the right fit for you.

Q. Is Wave the best Accounting Software For Small Business ?

Ans. Wave is ranked 4 on that list according to 52 users.

Q. Which is better Wave or QuickBooks?

Ans. This is a tricky question as it all depends on your needs, but Wave as a higher FindScore than QuickBooks which factors in many data points. Have a closer look to see why?
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