Wave
Free accounting software for small businesses
⭐ 4.1/5 (5300 reviews)
About Wave
Wave offers completely free accounting, invoicing, and receipt scanning for small businesses and freelancers. Acquired by H&R Block, Wave monetizes through payment processing and payroll add-ons while keeping core bookkeeping features free forever.
Key Features
- Double-entry accounting
- Invoicing
- Receipt scanning
- Bank connections
- Financial reporting
- Sales tax tracking
- Multi-business support
- Payment processing
- Payroll add-on
- Journal entries
✅ Pros
- Core features completely free
- No user limits
- Simple and clean interface
- Good for very small businesses
❌ Cons
- No inventory management
- Limited integrations
- US and Canada only for payroll
- No project tracking
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