Wave Accounting

Invoicing

Create, send, and track customer invoices and payment status.

Accounting records

Track income, expenses, categories, and basic business finances.

Payments

Accept online payments where supported by region and current plan.

Receipt capture

Capture and organize receipts for expense tracking where available.

Reports

Review basic financial reports for business visibility and preparation.

Small business workflow

Support simple bookkeeping for freelancers and low-complexity businesses.

Freelance invoicing

Send professional invoices and track client payment status.

Simple bookkeeping

Track income and expenses for a small business or solo operation.

Receipt organization

Store and categorize receipts for cleaner expense records.

Early-stage finance setup

Create basic accounting structure before a business needs a more advanced platform.

Pros

• Approachable for freelancers and very small businesses.
• Strong fit for simple invoicing and basic bookkeeping.
• Can be more affordable than larger accounting platforms.
• Easy to understand for non-accountants.

Cons

• Feature availability varies by region.
• Less powerful for complex accounting, inventory, or multi-entity workflows.
• Advanced support, payments, or payroll may require paid features.
• Growing businesses may eventually need a more robust accounting platform.