HomeWave vs FreeAgent
Updated March 2026 · Independent Analysis

WavevsFreeAgent

Wave starts at $16/mo, 16% cheaper than FreeAgent's $19/mo. Wave is rated higher at 4.4/5 vs FreeAgent's 4.3/5.

W
Wave

Free accounting, invoicing, and receipt scanning for small businesses

4.4/5Founded 20102M+ small businesses users
Try Wave Free →
F
FreeAgent

Accounting software designed for freelancers, contractors, and small businesses

4.3/5Founded 2007150K+ users users
Try FreeAgent Free →

⚡ Quick Stats

Avg Rating
Wave4.4/5
🏆 Wave wins
💰
Starting Price
Wave$16/mo
FreeAgent$19/mo
🏆 Wave wins
🔧
Features
🏆 Wave wins
🎁
Free Plan
WaveYes ✓
🏆 Wave wins

📊 Ratings Breakdown

W

Wave

4.4/5 avg
G2 Score4.4/5
Capterra Score4.4/5
Overall Avg4.4/5
F

FreeAgent

4.3/5 avg
G2 Score4.2/5
Capterra Score4.4/5
Overall Avg4.300000000000001/5

⚡ Quick Verdict

Independent analysis based on features, pricing, and user ratings

Choose Wave if you need:
  • Accounting
  • Receipt Scanning
  • Bank Connections
  • Financial Reports
  • Online Payments
Try Wave Free →
Choose FreeAgent if you need:
  • Expense Tracking
  • Time Tracking
  • Bank Feeds
  • Self-Assessment Tax
  • VAT
Try FreeAgent Free →

🔧 Feature Comparison

Wave uniquely offers Accounting, Receipt Scanning, Bank Connections. FreeAgent uniquely offers Expense Tracking, Time Tracking, Bank Feeds. Both share 5 features including Invoicing, Payroll, Multi-currency.

Feature
Wave
FreeAgent
Invoicing
Payroll
Multi-currency
Estimates
Mobile App
Accounting
Receipt Scanning
Bank Connections
Financial Reports
Online Payments
Sales Tax Tracking
Recurring Invoicing
Customer Management
Dashboard
Integrations
Expense Tracking
Time Tracking
Bank Feeds
Self-Assessment Tax
VAT
Project Management
Reports
Accountant Access
Receipt Capture
Direct Bank Connections
Total Features
15
15

💰 Pricing Comparison

Wave starts at $16/mo, 16% cheaper than FreeAgent's $19/mo.

W

Wave Plans

Free tier available

Free (Accounting)
Free
  • Accounting
  • Invoicing
  • Receipt scanning
Pro (Accounting)Best Value
$16/mo
  • Bank connections
  • Receipt scanning
Payroll
$20/mo base
  • + $6/employee
  • Tax-filing states
Advisors
$149/mo
  • 1-on-1 coaching
  • Bookkeeping support
Full Wave pricing breakdown →
F

FreeAgent Plans

Paid plans only

FreeAgentBest Value
$19/mo
  • All features
  • Unlimited users
  • Unlimited invoices
Full FreeAgent pricing breakdown →
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❓ Frequently Asked Questions

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