TaxMaker
Accounting

Wave

Free accounting software for small businesses

4.3
Updated 2026-01-15

Starting Price

Free

Core accounting, invoicing, receipts free. Payment processing: 2.9% + $0.60.

Free tier available
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Overview

Wave offers genuinely free accounting software for small businesses and freelancers. Invoicing, accounting, and receipts at no cost—monetized through payment processing.

AI-Powered Features
  • Automatic categorization
  • Receipt scanning
  • Bank reconciliation
  • Financial insights
All Features
Double-entry accounting
Invoicing
Receipt scanning
Bank connections
Financial reports
Multi-currency
Estimates
Payment processing
Payroll (paid add-on)
Pros
  • Completely free core features
  • Real double-entry accounting
  • Good invoicing
  • Receipt scanning included
Cons
  • Less powerful than QuickBooks
  • Limited integrations
  • Payroll costs extra
  • Support can be slow
Our Verdict

Wave is the best free accounting option. It's a real accounting system, not a simplified tracker. Great for bootstrapping.

Best For:

Freelancers and small businesses who want real accounting for free

Company Info

Headquarters

Toronto, Canada

Founded

2010

Availability

global
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Our Editorial Standards

  • Written or reviewed by certified financial professionals
  • Fact-checked with current data and regulations
  • Updated regularly to reflect changes in tax laws and market conditions
  • Independent analysis not influenced by advertisers

Disclaimer

This content is for informational purposes only and should not be considered financial, tax, or legal advice. Consult with a qualified professional before making financial decisions. TaxMaker strives for accuracy but cannot guarantee all information is current or complete. Past performance does not guarantee future results.