Wave vs. FreshBooks vs. QuickBooks

Find a platform that makes accounting as easy as possible for your small business.

Everything you need to confidently run your business.

Try Wave for free

Wave vs. FreshBooks vs. QuickBooks

Wave plans

QuickBooks

FreshBooks

Pricing
$0-$20 CAD/month
$5-$75/month
$15-$50/month
Add partners or accountants as collaborators
with Pro
$17.50/month for up to 3 users
$10/month per collaborator
Track income and expenses
Track sales and sales taxes
Manage and pay bills
Some paid plans
Unlimited invoicing
Payment processing
1% per bank payment (ACH/EFT); credit cards starting at 2.9% + $0.60 per transaction. Or unlock a 2.9% + $0 rate for the first 10 transactions of every month with Pro.
1% per bank payment (ACH/EFT); 2.9% + 25¢ per transaction for all credit cards
2.9% + 30¢ per transaction for most credit cards; 3.5% + 30¢ per transaction for AMEX, plus monthly fees
Accountant-approved reporting
Some paid plans
Capture and organize receipts
with Pro or a subscription to our receipts feature
Manage 1099 contractors
Connect your bank account
with Pro
Maximize tax deductions

Customers love Wave

4.4 out of 5 stars based on user reviews collected by G2Crowd as of January 2024.

Star iconStar iconStar iconStar iconIcon of half filled star
4.4 out of 5 stars

It is BANANAS how much easier & more intuitive Wave is for human accounting, invoicing, and payroll than Quickbooks.

Ash Ambirge - CEO

Everything you need to confidently run your business.

Try Wave for free

Wave vs. FreshBooks vs. QuickBooks

Here's why we think you'll love Wave.

Unlimited accounting

  • Cloud-based software with robust reporting
  • Easy-to-use functionality, ideal for everyone from artists to small biz CEO’s
  • Backed by certified bank-grade security practices

Unlimited invoicing

  • Create professional invoices unique to your business
  • Send invoices from your mobile device using our free iOS and Android app
  • Set up repeat invoices for any number of clients

Low-fee online payments

  • Accept credit card and bank payments for as little as 1% per transaction.
  • Fully integrated with our powerful set of products and features
  • Send payment reminders and schedule regular bill payments

1 Rates are 1% for bank payments (minimum fee of $1). For information on credit card rates, visit Pricing for details.

Plans to make
your plans happen.

Save $20
Save $22
starter
Plan

Just starting your business or looking for the basics? This is the place.

$0
Get started now
  • Create unlimited estimates, invoices, bills, and bookkeeping records

  • Option to accept online payments

  • Invoice on-the-go via the Wave app

  • Manage cash flow and customers in one dashboard

pro
Plan
Recommended

Want to look more polished, save more time, and conquer cash flow? It’s Pro time.

$16/month
Billed monthly
$20CAD/month
Billed monthly
Get started now
Everything in Starter, plus….
  • Option to accept online payments at a discounted rate

  • Auto-import bank transactions

  • Auto-merge and categorize bank transactions

  • Digitally capture unlimited receipts and track expenses

  • Automate late payment reminders

  • And more!

starter
Plan

Just starting your business or looking for the basics? This is the place.

$0
Get started now
  • Create unlimited estimates, invoices, bills, and bookkeeping records

  • Option to accept online payments

  • Invoice on-the-go via the Wave app

  • Manage cash flow and customers in one dashboard

pro
Plan
Recommended

Want to look more polished, save more time, and conquer cash flow? It’s Pro time.

$220CAD/year

Billed annually

$170/year

Billed annually

Get started now
Everything in Starter, plus….
  • Option to accept online payments at a discounted rate

  • Auto-import bank transactions

  • Auto-merge and categorize bank transactions

  • Digitally capture unlimited receipts and track expenses

  • Automate late payment reminders

  • And more!

*Active subscription required. While subscribed to Wave’s Pro Plan, get 2.9% + $0 (Visa, Mastercard, Discover) and 3.4% + $0 (Amex) per transaction for an unlimited number of transactions during the offer period. After the offer ends: over 10 transactions per month at 2.9% + $0.60 (Visa, Mastercard, Discover) and 3.4% + $0.60 (Amex) per transaction. Discover processing is only available to US customers. See full terms and conditions

**We use Plaid to facilitate bank connections. Not all financial institutions are supported so we can’t guarantee that you will be able to connect an account. Check Plaid's troubleshooting guide for more information or learn more about how bank connections work at Wave.

Do what you love. Leave the rest to us.
Let's do this