CompareStack/FreshBooks vs Wave
Try FreshBooksTry Wave
CompareStack
Categories
Home›FreshBooks 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
FreshBooks4.5/5
Wave4.4/5
🏆 FreshBooks wins
💰
Starting Price
FreshBooks$21/mo
Wave$16/mo
🏆 Wave wins
🔧
Features
FreshBooks15
Wave15
🏆 FreshBooks wins
🎁
Free Plan
FreshBooksNo
WaveYes ✓
🏆 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

FreshBooks vs QuickBooks Online →FreshBooks vs Xero →FreshBooks vs Zoho Books →Wave vs Sage Business Cloud Accounting →Wave vs Kashoo →Wave vs Bench →FreshBooks Alternatives →Wave Alternatives →