W
Wave Pricing (March 2026)
Free plan available
Prices verified March 16, 2026
How much does Wave cost?
Wave offers a free plan with paid tiers starting at $16/mo.
Free TierYes
Starting Price$16/mo
Number of Plans4
Billing Cyclemonthly
Pricing Modelfreemium
All Plans
Starter
Free
Billed monthly
- Unlimited invoices
- Basic accounting
- Receipt scanning
- Expense tracking
- Mobile app
- Cash flow management
Most Popular
Pro
$16/mo
Billed monthly
- All Starter features
- Auto-import bank transactions
- Auto-categorize transactions
- Unlimited receipt capture
- Priority support
- First 10 transactions free monthly
Wave Payroll
$40/mo
Billed monthly
- Payroll processing
- Tax filing
- Direct deposits
- W-2 forms
- $6 per employee/contractor
Wave Advisors
$149/mo
Billed monthly
- Dedicated bookkeeper
- Monthly financial statements
- Expert support
- Tax preparation
- Onboarding assistance
Feature Breakdown by Plan
| Feature | Starter | Pro | Wave Payroll | Wave Advisors |
|---|---|---|---|---|
| Unlimited invoices | ✓ | ✗ | ✗ | ✗ |
| Basic accounting | ✓ | ✗ | ✗ | ✗ |
| Receipt scanning | ✓ | ✗ | ✗ | ✗ |
| Expense tracking | ✓ | ✗ | ✗ | ✗ |
| Mobile app | ✓ | ✗ | ✗ | ✗ |
| Cash flow management | ✓ | ✗ | ✗ | ✗ |
| All Starter features | ✗ | ✓ | ✗ | ✗ |
| Auto-import bank transactions | ✗ | ✓ | ✗ | ✗ |
| Auto-categorize transactions | ✗ | ✓ | ✗ | ✗ |
| Unlimited receipt capture | ✗ | ✓ | ✗ | ✗ |
| Priority support | ✗ | ✓ | ✗ | ✗ |
| First 10 transactions free monthly | ✗ | ✓ | ✗ | ✗ |
| Payroll processing | ✗ | ✗ | ✓ | ✗ |
| Tax filing | ✗ | ✗ | ✓ | ✗ |
| Direct deposits | ✗ | ✗ | ✓ | ✗ |
| W-2 forms | ✗ | ✗ | ✓ | ✗ |
| $6 per employee/contractor | ✗ | ✗ | ✓ | ✗ |
| Dedicated bookkeeper | ✗ | ✗ | ✗ | ✓ |
| Monthly financial statements | ✗ | ✗ | ✗ | ✓ |
| Expert support | ✗ | ✗ | ✗ | ✓ |
| Tax preparation | ✗ | ✗ | ✗ | ✓ |
| Onboarding assistance | ✗ | ✗ | ✗ | ✓ |
Team Cost Calculator
Estimated monthly costs based on team size (price per user × team members):
| Team Size | Pro | Wave Payroll | Wave Advisors |
|---|---|---|---|
| 5 users | $80/mo | $200/mo | $745/mo |
| 10 users | $160/mo | $400/mo | $1,490/mo |
| 25 users | $400/mo | $1,000/mo | $3,725/mo |
| 50 users | $800/mo | $2,000/mo | $7,450/mo |
Is Wave Worth It?
4.3/5 from 350,000 reviews
The free plan lets you test core functionality before committing.
Paid plans range from $16/mo (Pro) to $149/mo (Wave Advisors). Most users pick the Pro plan.
Best for: Small business owners starting out with limited budgets, Freelancers needing basic invoicing and expense tracking, Solopreneurs managing simple financial operations. Keep in mind: payment processing fees are higher than some competitors.
Wave Pros & Cons
Pros
- Completely free core accounting and invoicing features
- User-friendly interface designed for non-accountants
- Strong mobile app for on-the-go management
- Automatic bank synchronization with major financial institutions
- No setup or monthly fees for basic functionality
Cons
- Payment processing fees are higher than some competitors
- Limited integrations compared to premium accounting software
- Advanced features require paid upgrades
- Customer support primarily through chat, no phone support
Frequently Asked Questions
Wave offers a free plan. Paid plans start at $16/mo, billed monthly. There are 4 plans total.
Yes, Wave offers a free tier that lets you try core features before upgrading to a paid plan.
The most affordable paid plan is Pro at $16/mo.
With a 4.3/5 rating from 350,000 reviews, Wave is well-regarded. Best for: Small business owners starting out with limited budgets, Freelancers needing basic invoicing and expense tracking, Solopreneurs managing simple financial operations.
Wave bills monthly. The pricing model is freemium.
Wave offers 4 plans: Starter, Pro, Wave Payroll, Wave Advisors.