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Wave vs FreshBooks

Both sit in accounting & finance. Here is how they differ on the things you can actually check.

On price: Wave starts $4 a month cheaper than FreshBooks ($19 against $23, 17% less) on its Pro tier. Both figures were read from the vendors' own pricing pages on the dates shown below.

Wave

waveapps.com

Genuinely free bookkeeping and unlimited invoicing for small businesses, monetised through payments and payroll.

Free planAccounting & Finance
Visit Wave

FreshBooks

freshbooks.com

Built around invoices, estimates, time tracking and expenses for service businesses, with accounting features layered on.

Accounting & Finance
Visit FreshBooks
Wave and FreshBooks compared attribute by attribute
 WaveFreshBooks
Entry price$19/mo$23/mo
Entry planProLite
Paid annually——
Price checked21 Sept 202621 Sept 2026
Pricing modelFree planFree trial
Free planYesNo
CategoryAccounting & FinanceAccounting & Finance
Around since20102003

Every price here was read from the vendor's own pricing page, most recently on 21 Sept 2026. Entry tier only — vendors change pricing without notice.

Wave vs FreshBooks, answered

Is Wave cheaper than FreshBooks?
Yes. Wave starts at $19 a month against FreshBooks's $23, 17% less.
Do Wave or FreshBooks have a free plan?
Wave publishes an ongoing free plan; FreshBooks does not.
What is the difference between Wave and FreshBooks?
Wave: Genuinely free bookkeeping and unlimited invoicing for small businesses, monetised through payments and payroll. FreshBooks: Built around invoices, estimates, time tracking and expenses for service businesses, with accounting features layered on.

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