Accounting Software
Wave: features, pricing and who it fits
Freelancers and micro businesses can run bookkeeping and invoices on Wave at no charge, or step up to the $19 Pro tier. Income comes from card-payment fees and paid extras like payroll. Slow support is the complaint reviewers raise most.
Who Wave is for
Best for
- Freelancers and micro businesses wanting free bookkeeping
- Service businesses collecting card payments through invoices
Look elsewhere if
- Teams wanting a wide app ecosystem or inventory
- Buyers needing fast support (slow support is the main G2 complaint)
Fit by company size
| Category | 1-10 people | 11-50 people | 51-500 people | 500+ people |
|---|---|---|---|---|
| Accounting Software | Strong fit | Workable | Poor fit | Poor fit |
| Invoicing Software | Strong fit | Workable | No data | No data |
Strong fitWorkablePoor fitNo data from the vendor
Wave features
- Invoicing and billing
- Invoicing on both tiers; online payments are paid by transaction
- Bank feeds and reconciliation
- Automatic bank imports on Pro per Gappsy; not confirmed by the vendor on vendor page
- Expense and bill management
- Receipt capture add-on $11 or $8/month
- Payroll and sales tax support
- Payroll add-on from $25 or $40/month
- Accountant access and integrations
- Block Advisors tax pros can be added free on Starter
- Pricing model
- Free Starter, $19 Pro, per-transaction payment fees
- Target company size
- Solo and micro businesses
- Online payment acceptance
- 2.9% + $0.60 per card on Starter
- Accounting integration
- Native accounting
- Pricing model and transparency
- Free Starter, $19 Pro, per-transaction payment fees
Wave pricing
| Plan | Price | Unit | Notes |
|---|---|---|---|
| Starter | $0 | Card processing 2.9% + $0.60 (Amex 3.4% + $0.60) | |
| Pro | $19/month or $190/year | 2.9% + $0 for first 10 transactions per month, then 2.9% + $0.60 | |
| Wave Advisors | from $149 or $199/month | Dedicated bookkeeper |
Payroll from $25 or $40/month. Receipt capture $11 or $8/month. Page lists no numeric user limit.
Prices as published by Wave on the date above. Quotes for larger teams often differ, which is what a request on SaaSBid surfaces.
Pros and cons
What users like
- Free core bookkeeping
- Simple interface
Common complaints
- Slow customer support
- Payment fees replace subscription revenue
- Limited depth for growing firms
Worth knowing before you buy
- Owned by H&R Block, which reports Wave Pro tier momentum in fiscal 2026
- Starter is free but card payments cost 2.9% + $0.60 per transaction
- Pro roles (admin, editor, viewer) imply multi-user, but the page gives no numeric user limit
- Wave Advisors adds a dedicated bookkeeper from $149/month
- A $9.50/month Pro promo ran Dec 2025 to Jan 2026
