CompareStack/Wave vs FreshBooks
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Updated March 2026 · Independent Analysis

WavevsFreshBooks

Wave starts at $16/mo, 24% cheaper than FreshBooks's $21/mo. Both rated 4.4/5 by users.

W
Wave

Free accounting, invoicing, and receipt scanning for small businesses

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

Accounting software built for freelancers and small service businesses

★ 4.5/5Founded 200330M+ users users
Try FreshBooks Free →

⚡ Quick Stats

⭐
Avg Rating
Wave4.4/5
FreshBooks4.5/5
🏆 FreshBooks wins
💰
Starting Price
Wave$16/mo
FreshBooks$21/mo
🏆 Wave wins
🔧
Features
Wave15
FreshBooks15
🏆 Wave wins
🎁
Free Plan
WaveYes ✓
FreshBooksNo
🏆 Wave wins

📊 Ratings Breakdown

W

Wave

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

FreshBooks

4.5/5 avg
G2 Score4.5/5
Capterra Score4.5/5
Overall Avg4.5/5

⚡ Quick Verdict

Independent analysis based on features, pricing, and user ratings

Choose Wave if you need:
  • ✓ Accounting
  • ✓ Receipt Scanning
  • ✓ Bank Connections
  • ✓ Payroll
  • ✓ Sales Tax Tracking
Try Wave Free →
Choose FreshBooks if you need:
  • ✓ Expense Tracking
  • ✓ Time Tracking
  • ✓ Project Management
  • ✓ Estimates & Proposals
  • ✓ Bank Reconciliation
Try FreshBooks Free →

🔧 Feature Comparison

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

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

💰 Pricing Comparison

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

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 →
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 →
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❓ Frequently Asked Questions

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