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Wave Accounting Pricing (March 2026)
Free plan available
Prices verified March 16, 2026
How much does Wave Accounting cost?
Wave Accounting offers a free plan with paid tiers starting at Free/mo.
Free TierYes
Starting PriceFree
Number of Plans2
Billing Cyclemonthly
Pricing Modelfreemium
All Plans
Most Popular
Free
Free
Billed monthly
- Unlimited estimates and invoices
- Basic bookkeeping
- Smart dashboard
- Tax reports
- Mobile app
Wave Pro
$16/mo
Billed monthly
- Auto-import bank transactions
- Auto-categorize transactions
- Unlimited receipt capture
- Unlimited users
- Bank connections
Feature Breakdown by Plan
| Feature | Free | Wave Pro |
|---|---|---|
| Unlimited estimates and invoices | ✓ | ✗ |
| Basic bookkeeping | ✓ | ✗ |
| Smart dashboard | ✓ | ✗ |
| Tax reports | ✓ | ✗ |
| Mobile app | ✓ | ✗ |
| Auto-import bank transactions | ✗ | ✓ |
| Auto-categorize transactions | ✗ | ✓ |
| Unlimited receipt capture | ✗ | ✓ |
| Unlimited users | ✗ | ✓ |
| Bank connections | ✗ | ✓ |
Team Cost Calculator
Estimated monthly costs based on team size (price per user × team members):
| Team Size | Wave Pro |
|---|---|
| 5 users | $80/mo |
| 10 users | $160/mo |
| 25 users | $400/mo |
| 50 users | $800/mo |
Is Wave Accounting Worth It?
4.4/5 from 3,000 reviews
The free plan lets you test core functionality before committing.
Best for: Freelancers and solopreneurs tracking income and expenses, Small businesses needing free invoicing and basic tax reports, Photographers and contractors using mobile receipt scanning. Keep in mind: transaction fees add up for payments (2.9% + $0.60).
Wave Accounting Pros & Cons
Pros
- Completely free core accounting for unlimited use
- User-friendly interface for non-accountants
- Strong security with 256-bit encryption and PCI Level-1 compliance
- Tax-ready automation with instant reports
- All-in-one suite combining accounting, invoicing, and payments
- Accountant-friendly with double-entry books
- Mobile accessibility for on-the-go management
Cons
- Transaction fees add up for payments (2.9% + $0.60)
- Advanced automation locked behind Pro paywall
- Reported issues with payroll and payment delays
- Limited functionality for complex business needs
- Cash flow risks for SMBs relying on large payments
Frequently Asked Questions
Wave Accounting offers a free plan. Paid plans start at Free/mo, billed monthly. There are 2 plans total.
Yes, Wave Accounting offers a free tier that lets you try core features before upgrading to a paid plan.
The most affordable paid plan is Wave Pro at $16/mo.
With a 4.4/5 rating from 3,000 reviews, Wave Accounting is well-regarded. Best for: Freelancers and solopreneurs tracking income and expenses, Small businesses needing free invoicing and basic tax reports, Photographers and contractors using mobile receipt scanning.
Wave Accounting bills monthly. The pricing model is freemium.
Wave Accounting offers 2 plans: Free, Wave Pro.