Wave Accounting

Wave Accounting is a cloud-based bookkeeping and invoicing platform with a permanently free Starter tier. It covers double-entry accounting, unlimited invoices and estimates, expense tracking, receipt scanning, and financial reporting including profit and loss statements, balance sheets, and cash flow reports. It is aimed at freelancers, sole traders, and micro businesses that want clean books without a monthly subscription.

For very small client businesses in the US and Canada that are not yet ready to pay for bookkeeping software, Wave is worth considering. Accountants and bookkeepers can be added as collaborators on any Wave account at no charge, so your firm can keep oversight of client books without extra licence fees.

The Pro plan at $19 per month adds automatic bank and credit card transaction imports, auto-merge and categorisation, and discounted payment processing rates. Wave Advisors, starting at $199 per month, pairs the platform with a dedicated human bookkeeper for clients who want a fully managed service.

Wave works with Stripe and PayPal for payment acceptance, and basic Zapier connectivity is available. Wave's affiliate programme covers US- and Canada-based audiences; the commission rate is not publicly documented, so contact affiliate@waveapps.com for terms.