vioscale
Comparison

FreshBooks vs Wave

On the evidence we track, Wave leads this comparison with a composite score of 78/100. Scores are only directly comparable because these tools share a category; the full breakdown and every source is below.

FreshBooks full profile →Wave full profile →
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Attribute comparison across 2 tools
Attribute72FreshBooks78WaveLeader
Vioscale score72 / 100medium · 54%78 / 100low · 40%
Options{"cloud":true}{"cloud":true}
LongAll-in-one cloud-based platform for invoicing, expenses, time tracking, payroll, and accounting. Designed for freelancers, solopreneurs, and small businesses to manage clients, billing, and financial reporting.Wave is free accounting software for small businesses, offering invoicing, expense tracking, receipts management, and optional payroll and hands-on bookkeeping services. Free tier includes unlimited invoicing and basic bookkeeping, with paid Pro tier adding bank feed automation and discounted payment processing.
Capabilities{"inventory":false,"api_access":"full","bank_feeds":"aggregator","deployment":"cloud","ar_invoicing":true,"ap_automation":true,"tax_compliance":"Tax-time reports and tax calculation integration","double_entry_gl":true,"payments_capture":true,"accountant_collab":true,"project_accounting":true}{"bank_feeds":"aggregator","deployment":"cloud","ar_invoicing":true,"tax_compliance":"Tax-ready bookkeeping and tax season preparation","payments_capture":true,"accountant_collab":true}
Count100-
List[{"name":"Pidj"},{"name":"NiceJob"},{"name":"Acuity Scheduling"},{"name":"ReviewNudger"},{"name":"EasyCSV"},{"name":"AvaTax"},{"name":"Trophy Jar"},{"name":"Paystorm: Chase Late Payments"},{"name":"InvoiceSherpa"}]-
Availability{"primaryMarkets":["US","CA"],"availabilityScope":"global","availableCountries":[],"notAvailableCountries":[]}{"primaryMarkets":["US","CA"],"availabilityScope":"regional","availableCountries":["US","CA"],"notAvailableCountries":[]}
Support{"ios":true,"web":true,"android":true}{"web":true}
Pricing{"type":"subscription","plans":[{"free":false,"name":"Lite","summary":"$2.30/mo (regularly $23.00/mo, currently 90% off for 3 months)","features":["Send invoices to 5 clients","Track expenses in real time","Create and send estimates","Get paid with credit cards, ACH, Apple Pay, Google Pay, Buy Now Pay Later","Generate tax-time reports"],"components":[{"kind":"fixed","amount":2.3,"period":"month","currency":"USD"}],"description":"Essential invoicing and expense tracking","contactSales":false,"includedLimits":{"billable_clients":"5"}},{"free":false,"name":"Plus","summary":"$4.30/mo (regularly $43.00/mo, currently 90% off for 3 months)","features":["Send invoices to 50 clients","Track expenses in real time","Create estimates, proposals, and client retainers","Get paid with credit cards, ACH, Apple Pay, Google Pay, Buy Now Pay Later","Generate tax-time reports","Run financial and accounting reports","Expense receipt scanning","Give your accountant access"],"components":[{"kind":"fixed","amount":4.3,"period":"month","currency":"USD"}],"description":"Enhanced reporting and accountant collaboration","contactSales":false,"includedLimits":{"billable_clients":"50"}},{"free":false,"name":"Premium","summary":"$7.00/mo (regularly $70.00/mo, currently 90% off for 3 months)","features":["Send invoices to unlimited clients","Track expenses in real time","Create estimates, proposals, and client retainers","Get paid with credit cards, ACH, Apple Pay, Google Pay, Buy Now Pay Later","Generate tax-time reports","Run financial and accounting reports","Bill receipt scanning with ability to add line items","Give your accountant access","Check project profitability","Customize your email templates"],"components":[{"kind":"fixed","amount":7,"period":"month","currency":"USD"}],"description":"Unlimited clients with project profitability and customization","contactSales":false,"includedLimits":{"billable_clients":"unlimited"}},{"free":false,"name":"Select","summary":"Custom pricing, contact for quote","features":["Send invoices to unlimited clients","Track expenses in real time","Create estimates, proposals, and client retainers","Access lower credit card transaction fees and capped ACH fees","Generate tax-time reports","Run financial and accounting reports","Bill receipt scanning with automatic multi-line item capture","Give your accountant access","Check project profitability","Customize email templates and remove FreshBooks branding","Import data via Easy Switch","Dedicated phone support","2 Team Member accounts included"],"description":"Enterprise plan with dedicated support and included team members","contactSales":true,"includedLimits":{"billable_clients":"unlimited","included_team_members":"2"}}],"addOns":[{"name":"Team Members","components":[{"kind":"per_unit","unit":"user","amount":11,"period":"month","currency":"USD"}]},{"name":"Advanced Payments","components":[{"kind":"fixed","amount":20,"period":"month","currency":"USD"}]},{"name":"FreshBooks Payroll","components":[{"kind":"fixed","amount":40,"period":"month","currency":"USD"},{"kind":"per_unit","unit":"user","amount":6,"period":"month","currency":"USD"}]}],"summary":"From $2.30/mo. No free tier; 30-day free trial. Premium add-ons from $11/mo per user.","currency":"USD","freeTier":false,"sourceUrl":"https://www.freshbooks.com","retrievedAt":"2026-08-05T14:09:43.427Z","freeTrialDays":30,"startingPrice":{"amount":2.3,"period":"month","currency":"USD"},"billingPeriods":["month","year"]}{"type":"free","plans":[{"free":true,"name":"Starter","summary":"Free","features":["Create unlimited estimates, invoices, bills, and bookkeeping records","Option to accept online payments","2.9% + $0.60 per credit card transaction","3.4% + $0.60 per Amex transaction","Invoice on-the-go with mobile app","Manage cash flow and customers in one dashboard"],"description":"Just starting your business or looking for the basics","contactSales":false},{"free":false,"name":"Pro","summary":"$19/month USD or $190/year USD (promo: $9.50/month for first 3 months)","features":["Everything in Starter, plus","Online payments at discounted rate","2.9% + $0 per credit card transaction","3.4% + $0 per Amex transaction","Auto-import bank transactions","Auto-merge and categorize bank transactions","Digitally capture unlimited receipts and track expenses","Automate late payment reminders"],"commitment":"monthly","components":[{"kind":"fixed","amount":19,"period":"month","currency":"USD"}],"description":"Look polished, save time, conquer cash flow","contactSales":false},{"free":false,"name":"Wave Advisors","summary":"Starting at $149/month USD","features":["Includes Pro Plan features","Dedicated bookkeeper","Monthly financial statements prepared","Expert bookkeeping support","Onboarding assistance when switching from other software","Optional one-on-one accounting coach packages"],"commitment":"monthly","components":[{"kind":"fixed","amount":149,"period":"month","currency":"USD"}],"description":"Hands-off bookkeeping and financial guidance with in-house experts","contactSales":true}],"summary":"Free Starter plan with unlimited invoicing. Pro from $19/month USD or $190/year USD. Wave Advisors from $149/month USD.","currency":"USD","freeTier":true,"sourceUrl":"https://www.waveapps.com","retrievedAt":"2026-08-05T14:29:50.329Z","startingPrice":{"amount":19,"period":"month","currency":"USD"},"billingPeriods":["month","year"]}
Free tierNoYes
Modelcommercialcommercial
Price levellowfree
Starting gbp2.319
TransparentYesYes
Status pageYesYes

Capabilities

Feature-by-feature on the axes that matter for accounting software. “-” means undocumented, not absent.

Capability comparison for Accounting Software
CapabilityFreshBooksWave
Core
Double-entry GL✓-
Multi-entity--
Multi-currency--
Bank feedsAggregatorAggregator
Modules
AP automation✓-
AR / invoicing✓✓
Inventory✗-
Fixed assets--
Project accounting✓-
Compliance
Tax complianceTax-time reports and tax calculation integrationTax-ready bookkeeping and tax season preparation
Workflow
Accountant collaboration✓✓
Payments
Payments capture✓✓
Ecosystem
API accessFull-
Deployment
DeploymentCloudCloud

Comparison generated from independently-sourced facts. Every value links to its source and retrieval date. See the method.