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Wave

Wave is a free, user-friendly accounting and invoicing tool designed for entrepreneurs and micro-businesses. In 2026, Wave expanded its free tier to include receipt scanning, bank reconciliation, and basic payroll for up to two employees. Paid add-ons include credit card processing with competitive rates. Features include automatic invoicing, expense tracking, and profit/loss reports. No per-user fees make it ideal for small teams on a tight budget.

Score: 85/1000
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Key Features

  • Free invoicing and accounting
  • Receipt scanning and bank reconciliation
  • Basic payroll for up to two employees
  • Profit/loss reports
  • No per-user fees

Pros

  • +Easy to use
  • +Good support
  • +Regular updates

Cons

  • -Learning curve
  • -Pricing could be clearer