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Side-by-Side Comparison

FreshBooksvsWave

Product A

FreshBooks

by FreshBooks

Freelancer-favourite invoicing and accounting with a beautifully simple UI.

$19mo
Visit FreshBooks
Product B

Wave

by Wave Financial

Completely free accounting and invoicing for freelancers and micro-businesses.

Free tier
Visit Wave

Side-by-Side Comparison

FeatureFreshBooksWave
Price
$19mo
FreeBetter
Free TierNoYes
Top ProsBest invoicing UX of any accounting toolCore accounting and invoicing is genuinely free
Built-in time tracking and retainersDouble-entry accounting included
Client portal for paymentReceipt scanning included
Top ConsLite plan limits billable clients to 5Support limited on free plan
Less powerful than QBO for product-based businessesPayroll only available in US and Canada
Choose FreshBooks if you…
  • Want: best invoicing ux of any accounting tool
  • Want: built-in time tracking and retainers
  • Want: client portal for payment
Try FreshBooks
Choose Wave if you…
  • Want: core accounting and invoicing is genuinely free
  • Want: double-entry accounting included
  • Want: receipt scanning included
Try Wave