--- description: Learn more about Wave pricing, benefits, and disadvantages for your business in Canada. Read verified software reviews and find tools that fit your business needs. image: https://gdm-localsites-assets-gfprod.imgix.net/images/capterra/og_logo-e5a8c001ed0bd1bb922639230fcea71a.png?auto=format%2Cenhance%2Ccompress title: Wave Pricing, Reviews & Features - Capterra Canada 2026 --- Breadcrumb: [Home](/) > [PEO Software](/directory/32442/peo/software) > [Wave](/software/178021/wave-apps) # Wave Canonical: https://www.capterra.ca/software/178021/wave-apps Page: 1 / 71\ Next: [Next page](https://www.capterra.ca/software/178021/wave-apps?page=2) > Accounting solution that helps businesses automate invoicing, payroll management, estimating, invoicing, and bookkeeping tasks. > > Verdict: Rated **4.4/5** by 1732 users. Top-rated for **Likelihood to recommend**. ----- ## Overview ### Who Uses Wave? Wave helps small business owners, freelancers, solopreneurs, and consultants in the US and Canada manage accounting, payroll, invoicing, estimating and other processes. ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.4/5** | 1732 Reviews | | Ease of Use | 4.5/5 | Based on overall reviews | | Customer Support Software | 4.0/5 | Based on overall reviews | | Value for Money | 4.6/5 | Based on overall reviews | | Features | 4.2/5 | Based on overall reviews | | Recommendation percentage | 80% | (8/10 Likelihood to recommend) | ## About the vendor - **Company**: Wave - **Location**: Toronto, Canada - **Founded**: 2009 ## Commercial Context - **Starting Price**: US$19.00 - **Pricing model**: Flat Rate (Free version available) (Free Trial) - **Pricing Details**: Wave offers a free version under the Starter plan with basic bookkeeping and invoicing features. The Pro plan is available at $19 USD per month with additional features. - **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: English - **Available Countries**: Australia, Canada, China, Germany, India, Japan, United Kingdom, United States ## Features - ACH Payment Processing - Accounting Software - Accounts Payable Software - Accounts Receivable Software - Activity Dashboard - Alerts/Notifications - Bank Reconciliation - Billing & Invoicing - Budgeting/Forecasting - Cash Management - Chart of Accounts - Commission Management - Customer Statements - Dashboard Software - Data Import/Export - Direct Deposit - Expense Tracking - Financial Analysis - Financial Management Software - Financial Reporting Software - Fixed Asset Management Software - For Real Estate - Fund Accounting Software - General Ledger - Income & Balance Sheet - Invoice Management - Invoice Processing - Multi-Currency - PCI Compliance Software - Payroll Management - Payroll Reporting - Profit/Loss Statement - Project Accounting Software - Purchase Order Management - Receipt Management - Receivables Ledger - Recurring/Subscription Billing - Reminders - Reporting & Statistics - Reporting/Analytics - Revenue Recognition - Tax Compliance - Tax Management Software - Third-Party Integrations - Time & Expense Tracking - Transaction Management ## Integrations (6 total) - Gmail - Google Sheets - Microsoft Outlook - PayPal Payments - Shoeboxed - Zapier ## Support Options - Email/Help Desk - FAQs/Forum - Knowledge Base Software - Chat ## Category - [PEO Software](https://www.capterra.ca/directory/32442/peo/software) ## Related Categories - [PEO Software](https://www.capterra.ca/directory/32442/peo/software) - [Direct Deposit Payroll Software](https://www.capterra.ca/directory/32598/direct-deposit-payroll/software) - [Payroll Software](https://www.capterra.ca/directory/30202/payroll/software) - [Human Resources Software](https://www.capterra.ca/directory/5/human-resource/software) - [Accounting Software](https://www.capterra.ca/directory/1/accounting/software) ## Alternatives 1. [Xero](https://www.capterra.ca/software/169561/xero) — 4.4/5 (3341 reviews) 2. [NetSuite](https://www.capterra.ca/software/135757/netsuite) — 4.2/5 (2086 reviews) 3. [PayPal Payments](https://www.capterra.ca/software/179251/paypal) — 4.6/5 (26830 reviews) 4. [QuickBooks Online](https://www.capterra.ca/software/141374/quickbooks-online) — 4.3/5 (8555 reviews) 5. [Abby](https://www.capterra.ca/software/1036470/abby) — 4.7/5 (604 reviews) ## Reviews ### "An excellent resource for you and your accountant" — 5.0/5 > **Joseph** | *April 28, 2026* | Public Relations & Communications | Recommendation rating: 10.0/10 > > **Pros**: Easy to input information and create my own financial Reports, and my accountant has no issues with importing my entries over for his own purposes to prepare my company’s yearly Return > > **Cons**: Candidly, there is nothing to complain about. Regardless of your level of sophistication, you will find a benefit in using it. > > Excellent in every way as I have used it for now 3 tax years without complaint from either myself or my accountant who works with what I send over in Wave. ----- ### "Best free invoicing and financial management platform in Canada" — 4.0/5 > **Aaron** | *October 20, 2025* | Marketing & Advertising | Recommendation rating: 10.0/10 > > **Pros**: Wave has very solid web and app platforms. It's easy to navigate and makes the quoting, invoicing, and payment processes very streamlined -- while accepting payments from all major credit cards in Canada. The free version is already very useful for businesses just starting out, or those that are still in the early growth phase, but they also have an affordable paid version that adds a suite of automations and expense / receipt management functions to further boost productivity. > > **Cons**: The main thing I don't like about Wave is that they don't use standardized "GAAP terminology" for some of their financial management and reporting features. While this may make it more accessible to a certain user base, it actually makes it a bit confusing for me (who has a bit of formal CPA / accounting training). ----- ### "Love Hate Relationship" — 3.0/5 > **Ron** | *December 7, 2025* | Real Estate | Recommendation rating: 5.0/10 > > **Pros**: Ability to have multiple accounts/businesses (free version only) Value for the money Very user friendly Payments and invoicing features > > **Cons**: Inability to have multiple accounts/businesses in paid version Poor Value for the money with paid version because each account requires additional pay subscription Lack of AI Categorization vs competitors Lack of connectivity ability to import Banks \& Credit Cards transctions > > Love the UI and wanted it to be a viable alternative to the other players in the bookkeeping/accounting market but it fell far short and failed in it’s current itteration. Love the free version but it’s super basic and limited but upgrading to paid version is very expensive when using it for more than 1 business and offers inadequate features to do the job vis-a-vis other competitors in the market. If … WAVE would add AI, connectivity to banks and credit cards, and features to operate multiple businesses in the paid subscription I’d use it. As my daily driver vs the competitors. ----- ### "Deliverd Wave Review" — 5.0/5 > **Junaid** | *March 24, 2025* | Furniture | Recommendation rating: 7.0/10 > > **Pros**: Seamless job scheduling, invoicing, and payment methods. It can track expenses as well. > > **Cons**: It is not adaptable with other apps to automate processes. And doesnt have great job time-tracking features. > > Its an awesome software to automate workflow processes and reduce manual work. Very easy to use app. ----- ### "Great Free Tool for Small Business Finances" — 4.0/5 > **Ali** | *June 12, 2025* | Computer Software | Recommendation rating: 8.0/10 > > **Pros**: It is easy to use, great for invoicing and tracking expenses. The interface is clean and intuitive overall. > > **Cons**: Limited features for scaling businesses. Some advanced reporting tools are missing such as time and project-level accounting. > > Overall, a reliable and user-friendly solution for freelancers and small businesses. It helped me stay organized and track income/expenses efficiently. ----- Page: 1 / 71\ Next: [Next page](https://www.capterra.ca/software/178021/wave-apps?page=2) ## Links - [View on Capterra](https://www.capterra.ca/software/178021/wave-apps) ## This page is available in the following languages | Locale | URL | | de | | | de-AT | | | de-CH | | | en | | | en-AE | | | en-AU | | | en-CA | | | en-GB | | | en-IE | | | en-IL | | | en-IN | | | en-NZ | | | en-SG | | | en-ZA | | | es | | | es-AR | | | es-CL | | | es-CO | | | es-CR | | | es-DO | | | es-EC | | | es-MX | | | es-PA | | | es-PE | | | fr | | | fr-BE | | | fr-CA | | | fr-LU | | | it | | | ja | | | nl | | | nl-BE | | | pt | | | pt-PT | | ----- ## Structured Data