About Wave
Wave is the most capable free accounting platform available — with zero monthly fees for core bookkeeping, invoicing, and receipt scanning. It's ideal for freelancers, consultants, and small businesses with straightforward finances. Wave earns revenue from optional paid add-ons like payroll and payment processing, keeping the core accounting features genuinely free. Despite being free, Wave handles double-entry accounting, multi-currency, sales tax tracking, and financial reporting at a level that rivals paid tools.
What's Great
- ✓Core accounting is completely free — forever
- ✓Double-entry accounting with full P&L and balance sheet
- ✓Bank connections and receipt scanning included free
- ✓Unlimited invoices and expense tracking at no cost
Watch Out For
- !Payroll and payment processing are paid add-ons
- !Less powerful than QuickBooks or Xero for complex businesses
- !Customer support is limited on the free tier
Common Use Cases
Launch a freelance business and manage all finances without spending a dollar on software
Send unlimited professional invoices and track which ones are outstanding
Connect your bank and automatically import transactions for clean monthly books
Best For
Click a role to find similar tools for that audience.
Pricing Model
Free
100% free to use — no credit card required.
Category
Accounting Software
Full-featured bookkeeping and accounting platforms for businesses of all sizes.
Tags
More Accounting Software Tools
See all →QuickBooks Online
The world's leading small business accounting software
Xero
Beautiful accounting software for growing businesses
FreshBooks
Accounting and invoicing built for service businesses
Zoho Books
Powerful accounting at an unbeatable price