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Wave Accounting Review 2025

Free accounting software for freelancers and small businesses
By Top10.com StaffBy Top10.com Staff -
Last Updated: May 21, 2025
logo-WAVE ACCOUNTING
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Price
Free plan available
Bank account integration
Yes
Live support
Available with some plans

In a Nutshell

Wave Accounting is a cloud-based financial management platform tailored for freelancers, solopreneurs, and small business owners in the United States. Offering a suite of tools including invoicing, expense tracking, and basic accounting features, Wave provides a free Starter Plan and a Pro Plan at $16/month, catering to varying business needs.

Price
Free plan available
Bank account integration
Yes
Live support
Available with some plans

Wave Accounting Pros & Cons

PROS

Free starter plan
User-friendly interface
Manage finances on-the-go

CONS

Limited customer support
Advanced features require payment

Top Wave Accounting Reviews

Sheldon Bilsker
This app is what my company was looking…
This app is what my company was looking for to complement Quickbooks. I've been using Wave for about two years and have had no issues. I love the way their invoicing system is set up. I can't believe the number of negative reviews here.
JY
Joseph Yasela
Very good firm
Very good firm, got my payments on time , no limits. Thanks
CM
Crypto Mama
Excellent website
Excellent website, easy to use , friendly customer support, just received my first payment of 17000$ very efficient
See all Wave Accounting reviews

How do I know I can trust this Wave Accounting review?

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Wave Accounting Wave Accounting Visit Site

How to Get Started

  • Sign Up: Visit Wave's website and create a free account.

  • Set Up Your Business Profile: Input your business details to tailor the platform to your needs.

  • Choose a Plan: Start with the free Starter Plan or upgrade to the Pro Plan for additional features.

  • Connect Bank Accounts: Link your business bank accounts to streamline transaction tracking (Pro Plan required).

  • Customize Invoices: Use Wave's templates to create professional invoices with your branding

Special Features

  • Recurring Billing: Set up automatic invoicing for regular clients, ensuring timely payments.

  • Payment Processing: Accept credit card and bank payments directly through invoices, simplifying the payment process for clients. 

  • Financial Reporting: Generate reports such as profit and loss statements, balance sheets, and cash flow reports to monitor business health.

Customer Service

  • Support Channels: Wave offers a Help Center and an automated chatbot, Mave, accessible 24/7 for all users. 

  • Live Support: Available via email and live chat for Pro Plan subscribers, Monday to Friday, 9 AM to 4:45 PM Eastern Time. 

  • Wave Advisors: For personalized assistance, users can engage Wave Advisors for bookkeeping and payroll coaching services. 

Is it Reliable?

Wave is a reputable platform, serving millions of small businesses with a focus on simplicity and affordability. Its acquisition by H&R Block in 2019 further solidified its position in the financial software market.

How to Cancel or Pause a Subscription

Users can cancel their Pro Plan subscription at any time through their account settings. The cancellation will take effect at the end of the current billing cycle.

Is There an App?

Yes, Wave offers a mobile app compatible with both iOS and Android devices, allowing users to manage invoices, expenses, and view financial reports on-the-go.

Pricing and Plans

  • Starter Plan: Free access to basic accounting, invoicing, and reporting tools.

  • Pro Plan: $16/month, includes features like bank transaction imports, receipt scanning, and live chat support.

  • Add-Ons: Payroll services and Wave Advisors are available for additional fees.


Wave Accounting Wave Accounting Visit Site

Bottom Line

Wave Accounting presents a viable solution for small business owners seeking a cost-effective and user-friendly accounting platform. Its free Starter Plan offers essential tools for managing finances, while the Pro Plan provides enhanced features for growing businesses. With its intuitive interface and integrated services, Wave simplifies financial management for entrepreneurs.

Top10.com's editorial staff is a professional team of editors and writers with dozens of years of experience covering consumer, financial and business products and services.

Wave Accounting reviews

Bad • Reviews 153
on
Excellent
8%
Great
4%
Average
1%
Poor
4%
Bad
84%
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Sheldon Bilsker
2 years ago
This app is what my company was looking…
This app is what my company was looking for to complement Quickbooks. I've been using Wave for about two years and have had no issues. I love the way their invoicing system is set up. I can't believe the number of negative reviews here.
JY
Joseph Yasela
3 years ago
Very good firm
Very good firm, got my payments on time , no limits. Thanks
CM
Crypto Mama
3 years ago
Excellent website
Excellent website, easy to use , friendly customer support, just received my first payment of 17000$ very efficient
PB
Peter B.
4 years ago
Good one
The free version of app can help you manager your small business. I didn't use their payment options, so I can say nothing about that. The app is good for invoicing and accounting.

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