The case for and against. What Wave does well, and when it costs too much.
For. What works in its favour.
- Free Starter plan for core accounting and invoicing.
- Unlimited invoices, estimates, and bookkeeping records.
- Simple and intuitive for beginners.
- Payments and invoices flow into the accounting records.
- Mobile app for invoicing on the go.
- You want a free foundation for invoicing and bookkeeping.
- You want invoices, payments, and cash flow in one product.
Pays off from
24 minsaved a month
Wave costs $16.20/month. If your hour is worth $40, those 24 min cover it.
Against. What to plan for.
- New accounts are limited to the United States and Canada.
- Automatic bank connections require Pro.
- Payments, payroll, and some add-ons carry extra fees.
- Less suited to complex organizations than Xero or QuickBooks Online.
- You need accounting aligned with French or European tax rules.
- You need advanced multi-entity or multi-currency workflows.
Too expensive if
- You use it less than once a month
- A simple free version or a tool already in your stack would do
