What Wave Accounting Free does
Wave Accounting Free is web-based small business software from Wave Financial that combines accounting, invoicing, receipt scanning, payments, payroll, and tax preparation. It is aimed at small business owners, freelancers, solopreneurs, contractors, and consultants. Features include income and expense tracking, receipt scanning, branded invoices and estimates with recurring billing, card, bank transfer, and Apple Pay payments, payroll for employees and contractors, access to bookkeeping advisors, and iOS and Android apps. The site describes a Starter Plan for basic bookkeeping and invoicing and a Pro Plan with more money management features, but it does not state dollar prices.
How Wave Accounting Free compares with its closest alternatives
3 of the 5 closest alternatives have a free plan, as Wave Accounting Free does. All 5 offer an API, as Wave Accounting Free does. Wave Accounting Free offers a web app. Of the alternatives, all 5 offer a web app. Wave Accounting Free was founded in 2010; the alternatives were founded between 2006 and 2018, 2 of them earlier. The alternatives with a known headquarters are in the United States, the United Kingdom and New Zealand.