Homeโ€บAccountingโ€บWave Alternatives
Updated March 2026 ยท 14 alternatives compared

Best Wave Alternatives(2026)

Wave is great for free accounting, invoicing, and receipt scanning for small businesses, but it's not the only option. We compared 14 accounting tools to find the best alternatives.

๐Ÿ† Top Alternatives at a Glance

Tool
Rating
Price
Free Plan
โ˜… 4.2
$35/mo
โœ—
โ˜… 4.3
$25/mo
โœ—
โ˜… 4.5
$21/mo
โœ—
โ˜… 4.5
$20/mo
โœ“
โ˜… 4.1
$10/mo
โœ—
โ˜… 4.2
$27/mo
โœ—
โ˜… 4.5
$299/mo
โœ—
โ˜… 4.3
$19/mo
โœ—
โ˜… 4.4
$25/mo
โœ—
โ˜… 4.4
$10.8/mo
โœ“
โ˜… 4.3
$15/mo
โœ“
โ˜… 4.3
$100/mo
โœ“
โ˜… 4.2
$10/mo
โœ“
โ˜… 4.7
$20/mo
โœ—

๐Ÿ“‹ Detailed Reviews

Q

1. QuickBooks Online

โ˜… 4.2/5

The most popular small business accounting software in the US

Similar to Wave
Invoicing, Bank Connections, Financial Reports, Multi-currency
Unique Features
Expense Tracking, Tax Categories, Payroll (add-on), Time Tracking
X

2. Xero

โ˜… 4.3/5

Cloud-based accounting software for small businesses and accountants

Similar to Wave
Invoicing, Financial Reports, Payroll, Multi-currency
Unique Features
Bank Reconciliation, Expense Claims, Inventory, Purchase Orders
F

3. FreshBooks

โ˜… 4.5/5

Accounting software built for freelancers and small service businesses

Similar to Wave
Invoicing, Online Payments, Financial Reports, Mobile App
Unique Features
Expense Tracking, Time Tracking, Project Management, Estimates & Proposals
Z

4. Zoho Books

โ˜… 4.5/5

Smart accounting software for growing businesses in the Zoho ecosystem

Similar to Wave
Invoicing, Multi-currency, Mobile App
Unique Features
Expense Tracking, Bank Reconciliation, Project Accounting, Inventory
S

Accounting and financial management software for businesses of all sizes

Similar to Wave
Invoicing, Financial Reports, Multi-currency, Mobile App
Unique Features
Expense Management, Bank Feeds, Cash Flow Forecasting, Tax Management
K

6. Kashoo

โ˜… 4.2/5

Simple cloud accounting with AI-powered transaction categorization

Similar to Wave
Invoicing, Bank Connections, Financial Reports, Multi-currency
Unique Features
Expense Tracking, Auto-categorization (AI), Sales Tax, Receipt Upload
B

7. Bench

โ˜… 4.5/5

Online bookkeeping service with dedicated bookkeepers and software

Similar to Wave
Bank Connections, Dashboard, Mobile App
Unique Features
Dedicated Bookkeeper, Monthly Financial Statements, Year-end Tax Package, Tax Filing
F

8. FreeAgent

โ˜… 4.3/5

Accounting software designed for freelancers, contractors, and small businesses

Similar to Wave
Invoicing, Estimates, Multi-currency, Payroll
Unique Features
Expense Tracking, Time Tracking, Bank Feeds, Self-Assessment Tax
B

9. Bonsai

โ˜… 4.4/5

All-in-one product for freelancers: invoicing, contracts, accounting, and tax

Similar to Wave
Invoicing, Mobile App
Unique Features
Contracts & Proposals, Accounting & Tax, Time Tracking, Expense Tracking
H

10. Harvest

โ˜… 4.4/5

Time tracking and invoicing software for teams and freelancers

Similar to Wave
Invoicing, Online Payments, Integrations, Mobile App
Unique Features
Time Tracking, Expense Tracking, Project Budgets, Team Scheduling
A

11. Akaunting

โ˜… 4.3/5

Free open-source online accounting software for small businesses

Similar to Wave
Invoicing, Bank Connections, Multi-currency
Unique Features
Expenses, Reporting, Tax Management, Inventory
M

12. Manager.io

โ˜… 4.3/5

Free accounting software for small business with desktop and cloud versions

Similar to Wave
Invoicing, Payroll, Multi-currency, Financial Reports
Unique Features
General Ledger, Expense Claims, Bank Reconciliation, Fixed Assets
H

13. Hurdlr

โ˜… 4.2/5

Real-time financial tracking and tax estimation for freelancers and gig workers

Similar to Wave
Bank Connections, Invoicing, Financial Reports, Mobile App
Unique Features
Expense Tracking, Income Tracking, Mileage Tracking, Tax Deduction Finder
P

14. Patriot Software

โ˜… 4.7/5

Simple, affordable accounting and payroll for US small businesses

Similar to Wave
Accounting, Payroll, Invoicing, Financial Reports
Unique Features
Expense Tracking, Bank Imports, Payroll Tax Filing, Direct Deposit

โ“ FAQ

What is the best alternative to Wave?

The top alternative to Wave in 2026 is QuickBooks Online. It offers the most popular small business accounting software in the us with plans from $35/mo. Other strong options: Xero, FreshBooks.

Is there a free alternative to Wave?

Yes! Zoho Books, Harvest, Akaunting all offer free plans.

How much does Wave cost?

Wave offers a free plan and has paid plans starting at $16/mo.

What are the main limitations of Wave?

While Wave excels at free accounting, invoicing, and receipt scanning for small businesses, users often seek alternatives for pricing, specific features, or workflow preferences.

๐Ÿ”— Related Pages