Wave logo
Accounting & Invoicing

Best Wave alternatives

We put Wave head to head with the 6 closest rivals we have tested, so you can switch on evidence, not a hunch.

Read our Wave review
Why people look elsewhere

Where Wave can fall short

Our full hands-on testing is still in progress
Pricing can climb on higher tiers
Ranked by our testing

6 alternatives worth your time

1FreshBooks logo

FreshBooks

4.4 out of 54.4

Invoicing and accounting designed for freelancers.

Higher ratedFrom $19/moPaid only

FreshBooks edges out Wave in our testing, scoring 4.4 to 4.2 overall.

  • Beautiful, fast invoicing
  • Friendly for non accountants
2Xero logo

Xero

4.4 out of 54.4

Beautiful cloud accounting loved by small businesses.

Higher ratedFrom $15/moPaid only

Xero edges out Wave in our testing, scoring 4.4 to 4.2 overall.

  • Well established product with an active user base
  • Regular updates and clear roadmap
3Zoho Books logo

Zoho Books

4.3 out of 54.3

Full-featured accounting at a fair price.

Higher ratedFrom $15/moFree tier

Zoho Books edges out Wave in our testing, scoring 4.3 to 4.2 overall.

  • Well established product with an active user base
  • Regular updates and clear roadmap
4QuickBooks Online logo

QuickBooks Online

4.2 out of 54.2

The accounting standard for small and growing businesses.

FeaturesFrom $35/moPaid only

QuickBooks Online is the pick when you want small businesses that need full, accountant ready books, and it leads on features.

  • Comprehensive, accountant ready features
  • Universally supported by bookkeepers
5Harvest logo

Harvest

4.2 out of 54.2

Time tracking and invoicing in one tidy app.

Ease of useFrom $11/moFree tier

Harvest is the pick when you want time tracking and invoicing in one tidy app., and it leads on ease of use.

  • Well established product with an active user base
  • Regular updates and clear roadmap
6Bonsai logo

Bonsai

4.1 out of 54.1

Invoicing, contracts, and taxes for freelancers.

Ease of useFrom $25/moPaid only

Bonsai is the pick when you want invoicing, contracts, and taxes for freelancers., and it leads on ease of use.

  • Well established product with an active user base
  • Regular updates and clear roadmap
Side by side

Wave vs the alternatives

ToolOur scoreFromFree tierBest for
Wave logoWaveYou have4.2Free YesGenuinely free accounting and invoicing.
FreshBooks logoFreshBooks4.4$19/mo NoFreelancers and service businesses who bill clients
Xero logoXero4.4$15/mo NoBeautiful cloud accounting loved by small businesses.
Zoho Books logoZoho Books4.3$15/mo YesFull-featured accounting at a fair price.
QuickBooks Online logoQuickBooks Online4.2$35/mo NoSmall businesses that need full, accountant ready books
Harvest logoHarvest4.2$11/mo YesTime tracking and invoicing in one tidy app.
Bonsai logoBonsai4.1$25/mo NoInvoicing, contracts, and taxes for freelancers.
Our pick

Switch to FreshBooks

FreshBooks edges out Wave in our testing, scoring 4.4 to 4.2 overall. It is the Wave alternative we recommend first for most people.

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Affiliate disclosure: We may earn a commission if you buy through the links on this page, at no extra cost to you. We only recommend tools we have tested, and commissions never change our scores or rankings. We currently track 218+ tools, including 8 across Accounting & Invoicing.