HomeFreshBooks vs Wave
Updated March 2026 · Independent Analysis

FreshBooksvsWave

Wave starts at $16/mo, 24% cheaper than FreshBooks's $21/mo. Both rated 4.5/5 by users.

F
FreshBooks

Accounting software built for freelancers and small service businesses

4.5/5Founded 200330M+ users users
Try FreshBooks 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
🏆 FreshBooks wins
💰
Starting Price
Wave$16/mo
🏆 Wave wins
🔧
Features
🏆 FreshBooks wins
🎁
Free Plan
🏆 Wave wins

📊 Ratings Breakdown

F

FreshBooks

4.5/5 avg
G2 Score4.5/5
Capterra Score4.5/5
Overall Avg4.5/5
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 FreshBooks if you need:
  • Expense Tracking
  • Time Tracking
  • Project Management
  • Estimates & Proposals
  • Bank Reconciliation
Try FreshBooks Free →
Choose Wave if you need:
  • Accounting
  • Receipt Scanning
  • Bank Connections
  • Payroll
  • Sales Tax Tracking
Try Wave Free →

🔧 Feature Comparison

FreshBooks uniquely offers Expense Tracking, Time Tracking, Project Management. Wave uniquely offers Accounting, Receipt Scanning, Bank Connections. Both share 5 features including Invoicing, Online Payments, Financial Reports.

Feature
FreshBooks
Wave
Invoicing
Online Payments
Financial Reports
Mobile App
Multi-currency
Expense Tracking
Time Tracking
Project Management
Estimates & Proposals
Bank Reconciliation
Double-entry Accounting
Receipt Capture
Automated Late Reminders
Client Portal
200+ Integrations
Accounting
Receipt Scanning
Bank Connections
Payroll
Sales Tax Tracking
Recurring Invoicing
Customer Management
Estimates
Dashboard
Integrations
Total Features
15
15

💰 Pricing Comparison

Wave starts at $16/mo, 24% cheaper than FreshBooks's $21/mo.

F

FreshBooks Plans

Paid plans only

LiteBest Value
$21/mo
  • 5 billable clients
  • Invoicing
  • Expense tracking
Plus
$43/mo
  • 50 clients
  • Proposals
  • Recurring billing
Premium
$76/mo
  • Unlimited clients
  • Project profitability
Select
Custom
  • 500+ clients
  • Dedicated support
Full FreshBooks 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 →
🔔 Get notified when prices change

❓ Frequently Asked Questions

Was this comparison helpful?
📬 Stay updated on SaaS pricing changes
Get notified when tools update their pricing or features

🔗 Related Comparisons