HomeFreeAgent vs Wave
Updated March 2026 · Independent Analysis

FreeAgentvsWave

Wave starts at $16/mo, 16% cheaper than FreeAgent's $19/mo. Wave is rated higher at 4.4/5 vs FreeAgent's 4.3/5.

F
FreeAgent

Accounting software designed for freelancers, contractors, and small businesses

4.3/5Founded 2007150K+ users users
Try FreeAgent Free →
W
Wave

Free accounting, invoicing, and receipt scanning for small businesses

4.4/5Founded 20102M+ small businesses users
Try Wave Free →

⚡ Quick Stats

Avg Rating
Wave4.4/5
🏆 Wave wins
💰
Starting Price
FreeAgent$19/mo
Wave$16/mo
🏆 Wave wins
🔧
Features
🏆 FreeAgent wins
🎁
Free Plan
WaveYes ✓
🏆 Wave wins

📊 Ratings Breakdown

F

FreeAgent

4.3/5 avg
G2 Score4.2/5
Capterra Score4.4/5
Overall Avg4.300000000000001/5
W

Wave

4.4/5 avg
G2 Score4.4/5
Capterra Score4.4/5
Overall Avg4.4/5

⚡ Quick Verdict

Independent analysis based on features, pricing, and user ratings

Choose FreeAgent if you need:
  • Expense Tracking
  • Time Tracking
  • Bank Feeds
  • Self-Assessment Tax
  • VAT
Try FreeAgent Free →
Choose Wave if you need:
  • Accounting
  • Receipt Scanning
  • Bank Connections
  • Financial Reports
  • Online Payments
Try Wave Free →

🔧 Feature Comparison

FreeAgent uniquely offers Expense Tracking, Time Tracking, Bank Feeds. Wave uniquely offers Accounting, Receipt Scanning, Bank Connections. Both share 5 features including Invoicing, Estimates, Multi-currency.

Feature
FreeAgent
Wave
Invoicing
Estimates
Multi-currency
Payroll
Mobile App
Expense Tracking
Time Tracking
Bank Feeds
Self-Assessment Tax
VAT
Project Management
Reports
Accountant Access
Receipt Capture
Direct Bank Connections
Accounting
Receipt Scanning
Bank Connections
Financial Reports
Online Payments
Sales Tax Tracking
Recurring Invoicing
Customer Management
Dashboard
Integrations
Total Features
15
15

💰 Pricing Comparison

Wave starts at $16/mo, 16% cheaper than FreeAgent's $19/mo.

F

FreeAgent Plans

Paid plans only

FreeAgentBest Value
$19/mo
  • All features
  • Unlimited users
  • Unlimited invoices
Full FreeAgent pricing breakdown →
W

Wave Plans

Free tier available

Free (Accounting)
Free
  • Accounting
  • Invoicing
  • Receipt scanning
Pro (Accounting)Best Value
$16/mo
  • Bank connections
  • Receipt scanning
Payroll
$20/mo base
  • + $6/employee
  • Tax-filing states
Advisors
$149/mo
  • 1-on-1 coaching
  • Bookkeeping support
Full Wave pricing breakdown →
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❓ Frequently Asked Questions

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