Wave Pricing: Cost and Pricing plans

Wave Pricing

Free Trial

Not available

Pricing Options

Freemium ( Limited Features )

Premium Plans ( Subscription )

Pricing Insights for Accounting Software

The Average Cost of a basic Accounting Software plan is $20 per month.
Wave pricing starts at $14.16/month, which is 29% lower than similar services.
44% of Accounting Software offer a Free Trial Allows users to try out the software for a limited period before making a purchase decision. , while 18% offer a Freemium Model Allows users to access basic features at no cost..

Pricing Plans

MONTHLY YEARLY

Starter Plan Free

Features

Create Unlimited Estimates, Invoices, Bills, and Bookkeeping Records
Option to Accept Online Payments
Invoice On-the-go via the Wave App
Manage Cash Flow and Customers in One Dashboard

Users Can Choose Optional Add-ons:

Digitally Capture Unlimited Receipts - $8 Per Month or $72 Per Year
Run Payroll - $20 Per Month
Hire a Bookkeeper - $149 Per Month

PRO Plan $14.16 $16.00 per month

Features

Everything Includes Starter Plan, Plus
Option to Accept Online Payments at a Discounted Rate
Auto-import Bank Transactions
Auto-merge and Categorize Bank Transactions
Digitally Capture Unlimited Receipts and Track Expenses
Automate Late Payment Reminders

Users Can Choose Optional Add-ons:

Digitally Capture Unlimited Receipts - Included
Run Payroll - $20 Per Month
Hire a Bookkeeper - $149 Per Month

Screenshots of Vendor Pricing Page

Disclaimer: The pricing details were last updated on 11/07/2024 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Wave FAQs

How much does Wave cost?

The pricing for Wave starts at $14.16 per month. Wave has a single plan:

PRO Plan at $14.16 per month.

Wave also offers a Free Plan with limited features.

Learn more about Wave pricing.

Does Wave offer a free plan?

Yes, Wave offers a free plan.

Learn more about Wave pricing.

Compare Wave Pricing Against Competitors

Product Name	Starting Price ($)	Billed	Unit	Free Trial	Learn More
Wave	14.16	per month	-		Wave Pricing
Freshbooks	6.3	per month	-	+	Freshbooks Pricing
Sage Accounting (Sage One)	10	per month	-	+	Sage Accounting (Sage One) Pricing
Quickbooks	30	per month	-	+	Quickbooks Pricing
TimePay	-	-	-	+	TimePay Pricing
LessAccounting	199	per month	-	+	LessAccounting Pricing
QuickBooks Payroll	42.5	per month	-	+	QuickBooks Payroll Pricing
AccountsPortal	-	-	-	+	AccountsPortal Pricing
AccountingSuite	16.58	per month	-	+	AccountingSuite Pricing
Reach Accountant	-	-	-	-	Reach Accountant Pricing

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Wave Features

Show Feature Explanation

Show Missing Features

Accounting Features

Features: The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

100%

Budget Forecasting

Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow.

Tax Management

Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

Spend Management

Managing the expenditure of a business in order to build its product or services

Revenue Recognition

Determining the specific conditions under which revenue is recognized or accounted for

Purchasing

Acquiring goods or services required for the business at minimal cost

Project Accounting

Creation of financial reports specifically designed to track the financial progress of projects

Payroll

Handling the salary payable to the employees

Multi-Currency

Enables payment and collection in multiple currencies.

General Ledger

Maintaining and recording all the accounting related transactions.

Fixed Asset Management

Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.

Expense Tracking

Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.

CPA Firms

Offers collaboration with a professional expert for financial and consulting services.

Collections

Recovery of cash from a business or individual.

Cash Management

Collection and management of cash.

Billing and Invoicing

This feature helps in issuing and handling the invoice and bills.

Bank Reconciliation

Matching the balances of an entity's accounting records with the corresponding information on a bank statement.

Accounts Receivable

Handling the money the client owes to the company.

Accounts Payable

Handling the money owed by a business to its suppliers.

Payroll Features

W-2 Preparation

Helps electronically preparing the W-2 form that reveals the total gross income of an employee.

Direct Deposit

Supports direct deposit which is the most popular method for giving paycheques to employees in an electronic form

Check Printing

Allows previewing and printing standard and customized paychecks

Tax Management

Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

Multi-Currency

Enables payment and collection in multiple currencies.

PEO Services

Professional Employer Organizations (PEOs) offer small and medium-sized businesses affordable HR services and benefits by serving as co-employers and managing compliance, eliminating the need for an in-house HR department.

Tax Filing

Allows the filing of payroll tax forms for federal, state, and local taxes.

EOR Services

Facilitates the management of employment-related responsibilities, compliance, and HR functions associated with Employer of Record (EOR) services

Third-party Integration

Offers synchronization with third-party applications

Wage Garnishment

Helps in deducting the amount from an employee's monetary compensation including salary as per a court order to pay off debt

Leave Tracking (Vacation)

Assist in keeping track of leave and holidays for easing the payment calculation process

Self Service Portal

Provides the employees with a website where they can update their accounts, make bill payments, avail necessary information and other self-help functions

Multi-country

Supports electronically transfer of payments to employees regardless of the country or state

Deductions Management

Helps optimizing deductions workflow and assist in calculating various deductions or additions like ESI, PF, integrating leave, performance

Compensation Management

Manages employee compensation related data in an organized and automated manner

Benefits Management

Helps in monitoring and managing non-wage compensation given to employees besides their regular salaries or wages.

401(k) Tracking

Helps to track and manage matters concerning 401(k) that is a retirement savings plan sponsored by an employer.

Attendance Tracking

Helps to quickly and easily track the attendance

Wave Pricing

Pricing Insights for Accounting Software

Wave FAQs

Compare Wave Pricing Against Competitors

Free Software Alternatives to Wave

Wave Alternatives

Wave Features

Accounting Features

Payroll Features

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