Wave Invoicing Pricing 2025: Plans, Add-ons, and Fees Explained

Wave offers the best free invoicing software we’ve researched. It’s great for creating and delivering invoices, though the analytics leave a little to be desired, as they don’t support custom reports. Plus, you’ll have to upgrade to the paid plan to access some key functions, including automatic transaction imports. Wave supports its own first-party payment processing, but won’t allow any third-party integrations to process payments through the Wave platform. The software design and intuitive interface make Wave simple to set up and easy to use, even for those with little previous accounting experience.

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With a Wave Pro subscription, you’ll have recurring billing and other automation features. Schedule everything, from invoice creation and invoice sending, to payment collection and overdue payment reminders. A common issue when invoicing in Microsoft Word, Excel, or other DIY solutions is making calculation errors.

Cash flow tracking

Sign up for Wave and send your first invoice right away—it only takes a few minutes! With the Pro Plan you can also set up recurring payments, auto-reminders, and deposit requests to make sure you always get paid on time. We provide different levels of support, depending on the plan and/or the add-on features you choose.

Add credit card payments to get paid faster and stop chasing customers with auto-reminders

While Wave provides unlimited invoices, it might be best to look elsewhere if wave app invoicing you are looking for more robust account software. Both QuickBooks and Invoice2go offer more comprehensive features like time tracking to easily record billable hours and export them into an invoice. For businesses that carry inventory, QuickBooks Online offers strong inventory tracking that alerts users when the inventory gets low. While Wave offers a basic inventory feature, it does not track stock within the software. The drawback of just offering one plan is that it limits room for growth.

• Whether you are struggling with sending out invoices on time, keeping track of payments or organizing tax information, Wave helps business owners get a handle on their accounting department at no monthly cost.
• “Wave invoicing makes your life a whole lot easier and takes that worry off you. I’ve tried Quickbooks—it’s a bit more complicated and technical, and takes more time to set up.”
• When inputting information the character count for it is super slow/delayed to where it forces me to stay on a certain page until it registers that information has been inputted.
• Wave’s smart dashboard organizes your income, expenses, payments, and invoices.
• A few taps of the keyboard to enter their payment details.
• These ratings are meant to provide clarity in the decision-making process, but what’s best for your business will depend on its size, growth trajectory and which features you need most.
• It’s hard to beat free accounting software, especially if you’re running a small business on a budget.

Unlimited billable customers at no additional cost

With Wave’s Pro Plan, you can set up recurring invoices and automatic credit card payments for your repeat customers. Switch between automatic and manual billing whenever you want. If you’re a startup, micro-business or sole proprietor who doesn’t want to invest in accounting software but needs to keep track of your finances, Wave Accounting is a great option. As long as you’re content with basic features and don’t see yourself expanding in the foreseeable future, you’ll find this completely free, easy-to-use software particularly appealing.

This is particularly true if you don’t have much accounting experience and would like an easy-to-use, fully functional tool. It’s one of the only truly free options on the market and can allow you to manage your accounting processes in one convenient place. Enable invoice payments through credit card, bank and Apple Pay.

After providing a few basic details about your business — name, type, currency you use, address — you’ll have instant access to your account. Once you’re approved, you can turn payments on or off for any invoice, or pick default settings for all invoices. Get your money faster when you offer customers the ability to pay directly from your invoices, starting at 2.9% + 60¢ per card transaction. Track customer views and invoice payments in the Wave dashboard so you always know where you stand with sellers, property managers, buyers and renters. They get the flexibility of paying you via credit card, bank payment, and Apple Pay; you get a reputation as a polished professional. Bank data connections are read-only and use 256-bit encryption.

Do I need to enter my credit card details to sign up to Wave?

• Then answer questions from a drop-down menu about the direction you want to concentrate on—invoicing, accounting or payroll—and you are directed to link financial accounts.
• Many governments now mandate e-invoicing for compliance, but beyond that, it can help businesses save time and money.
• Fast, beautiful invoicing for small business owners is here.
• For small businesses any larger than that, however, Wave is limited.
• Next, you can add sales tax (if necessary), create customer profiles and customize your invoice templates.
• While human error will always play some role in security breaches, you can be confident in your accounting platform when it comes to keeping your information safe.
• The systems connect multiple buyers and sellers, allowing them to exchange invoices in the same format.

If you’re willing to pay for the best invoicing software on the market, we’d recommend FreshBooks overall. But Wave is an inexpensive solution that handles the basics with aplomb, and is well worth considering. Wave offers a handful of integrations with other types of services that small businesses are likely to need. Customize your invoices by choosing from a variety of templates.

Not only can you customize the invoices to fit your brand, but you can also set up recurring invoices and automate credit card payments for repeat customers. Once invoices have been sent, you can easily track the status of each invoice to see if they are viewed, unpaid or Overdue. All payment information automatically syncs with the free Wave Accounting software included in your service, making accounting easy.