---
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.
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title: Wave Pricing, Reviews & Features - Capterra Canada 2026
---

Breadcrumb: [Home](/) > [PEO Software](/directory/32442/peo/software) > [Wave](/software/178021/wave-apps)

# Wave

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> Accounting solution that helps businesses automate invoicing, payroll management, estimating, invoicing, and bookkeeping tasks.
> 
> Verdict: Rated **4.4/5** by 1727 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** | 1727 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, Android (Mobile), iPhone (Mobile)
- **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
- 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 (3316 reviews)
2. [NetSuite](https://www.capterra.ca/software/135757/netsuite) — 4.2/5 (2059 reviews)
3. [QuickBooks Online](https://www.capterra.ca/software/141374/quickbooks-online) — 4.3/5 (8503 reviews)
4. [PayPal](https://www.capterra.ca/software/179251/paypal) — 4.6/5 (26572 reviews)
5. [Abby](https://www.capterra.ca/software/1036470/abby) — 4.7/5 (604 reviews)

## Reviews

### "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).

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### "Wave provides agencies a clear and seamless payment processing interface." — 5.0/5

> **Chris** | *July 11, 2025* | Marketing & Advertising | Recommendation rating: 10.0/10
> 
> **Pros**: Wave provides simple and seamless invoice building and sending\! Being able to store commonly used line items is a boon for our agency.
> 
> **Cons**: Wave's systems are only as good as your internal data management/accounting. Our team has struggled in onboarding new clients or contractors at times where our SOPs were not clear enough to have uniform data entry across invoicing.
> 
> Wave is a key part of our workflow. We use the software to manage payments, send invoices, and review departmental goals. All of the information is clearly laid out and easy to understand

-----

### "Wave - where accounting flows as smooth as waves." — 4.0/5

> **Verified Reviewer** | *July 30, 2025* | Furniture | Recommendation rating: 10.0/10
> 
> **Pros**: The best part about wave is that it is very budget friendly and the user interface is very easy to use and navigate.
> 
> **Cons**: Customer support is terrible especially if you're a free user which does not serve the purpose of a complete software package. Inventory management is poor which makes reporting difficult.
> 
> My overall experience with wave is very good as it  is very user friendly and very easy to learn it's functions. The design and graphics are very attractive which provides polished outputs be it invoicing or reporting.

-----

### "Wave Review" — 5.0/5

> **Baylee** | *October 17, 2025* | Telecommunications | Recommendation rating: 8.0/10
> 
> **Pros**: I like the Wave customer support team is very valuable they are always there to answer your questions and concerns.
> 
> **Cons**: I cannot say anything negative about Wave except it lacks some integrations. The product could use some more integrations.
> 
> It was a positive experience with Wave from the beginning it made accounting easy and saved us so many hours.

-----

### "Free limited  software" — 4.0/5

> **melissa** | *October 23, 2025* | Construction | Recommendation rating: 6.0/10
> 
> **Pros**: Its primary strength is the completely free access to core features like unlimited accounting, invoicing, and expense tracking.
> 
> **Cons**: A major pain point for users is the lack of robust, live customer support for free users, who are generally limited to an online help center and chatbot.
> 
> It was a good experience in general apart from the restrictions and the lack of help unless you pay for the services

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## Links

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