--- 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 / 70\ 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 1730 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** | 1730 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 (3329 reviews) 2. [QuickBooks Online](https://www.capterra.ca/software/141374/quickbooks-online) — 4.3/5 (8529 reviews) 3. [PayPal](https://www.capterra.ca/software/179251/paypal) — 4.6/5 (26667 reviews) 4. [Abby](https://www.capterra.ca/software/1036470/abby) — 4.7/5 (604 reviews) 5. [QuickBooks Enterprise](https://www.capterra.ca/software/46497/quickbooks-enterprise) — 4.5/5 (20685 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). ----- ### "Easy-to-use accounting software for small businesses" — 4.0/5 > **Sai Teja** | *May 29, 2026* | Construction | Recommendation rating: 9.0/10 > > **Pros**: Wave is simple and easy to use for basic accounting, invoicing, and payment tracking. It is helpful for small businesses because the layout is straightforward and it does not take much time to create invoices, record payments, and review financial information. > > **Cons**: Some features are limited compared to larger accounting software. Reporting and customization options could be better, and customer support response times can sometimes be slower than expected. > > Overall, my experience with Wave has been positive. It is a good option for small businesses that need an easy accounting and invoicing system without too much complexity. It helps save time with daily bookkeeping tasks, invoicing, and tracking payments. While it may not have all the advanced features of bigger platforms, it works well for basic business accounting needs. ----- ### "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. ----- ### "Must have for small businesses looking to grow\!" — 5.0/5 > **Pauline** | *July 27, 2025* | Hospitality | Recommendation rating: 10.0/10 > > **Pros**: Invoicing options. Ability to collect payment on invoices. Connecting banking transactions and reconciliations. For a small business having a payroll program that's affordable and manageable while they take care of remittances and off boarding. Financial tracking for profit and loss reports is extremely helpful as well. Open chat system with questions and answers; If answers aren't readily available, the support team follows up with an email to assist. The automation with sync banking and categorizing expenses and income is vey useful for identifying balancing books keeping your tasks on track. > > **Cons**: Not sure if it's been updated or integrated as of yet; the ability to have a schedule and dispatch for jobs related to the invoices. > > Been very pleased with the services as a well rounded provider. Would recommend for any and all new businesses just starting out that need assistance with Payroll, Bookkeeping, Accounting, Invoicing. This platform has enabled me to grow my business without the huge additional costs that other providers charge for features you're not ready for. ----- ### "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. ----- Page: 1 / 70\ 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