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Wave Invoicing

Rating: 4.3/5
User Satisfaction: 88%
Wave Invoicing is a tool that creates and sends invoices for freelancers and small businesses so they can get paid, track income, and manage basic bookkeeping in one place.

Alternative To

Overview

Wave Invoicing is a free invoicing product from Wave designed for freelancers, contractors, and very small businesses. It lets you create professional invoices, send them to clients, and track whether you’ve been paid—without paying a monthly subscription.

It’s part of the broader Wave platform, which also includes basic accounting, receipt scanning, and optional paid add-ons like payments and payroll.

If you’re a solo operator or small business owner, invoicing shouldn’t be complicated or expensive. Wave removes the usual barriers—no forced upgrades, no trial expirations, and no limits on invoices or clients.

It’s especially valuable if you want something simpler than full accounting software like QuickBooks, but more reliable than spreadsheets or generic invoice templates.

You create invoices using customizable templates, add your logo and payment terms, and send them via email. Clients can pay online if you enable Wave Payments, or you can mark invoices as paid manually.

Behind the scenes, Wave automatically records invoices and payments in its accounting ledger. Watch-outs: advanced reporting is limited, customization is basic, and some features (payments, payroll, instant deposits) are paid add-ons.

Details

Tool Launch / Founded Date

2009-01-01

Best for

Freelancers, solopreneurs, contractors, very small businesses

Access Type

Freemium (core invoicing is free; paid add-ons)

Licensing Model

Proprietary software; invoices and financial data remain user-owned

Feature

  • Unlimited invoices and clients on the free plan
  • Custom invoice templates with logo and branding
  • Automatic invoice reminders
  • Online payments via credit card and ACH (paid add-on)
  • Basic accounting and income tracking included
  • Mobile apps for invoicing on the go
  • Automatic receipt scanning (limited free scans)

Pricing Tables

Free Invoicing
$0/month
  • Unlimited invoices and estimates
  • Unlimited clients
  • Basic accounting and reports
  • Email invoice delivery
Wave Payments
$0.60 per transaction
  • Credit card and bank payments
  • Automated payment reminders
  • Faster deposits available for a fee
Payroll Add-on
$40/month
  • Employee and contractor payroll
  • Tax filings and direct deposits
  • Available in limited regions

Analytics

Traffic Analysis

Domain Rating
84
Organic Traffic
403.6K
Majority Users
United States

Visits Over Time

No visit data found.

Traffic Sources

No traffic data found.

Last Update Date: 2025-12-22

FAQ

Is Wave Invoicing really free?
Yes. Core invoicing features are free with no invoice or client limits. You only pay if you use add-ons like payments or payroll.
Can I use Wave invoices commercially?
Yes. All invoices you create can be used for commercial purposes without restrictions.
Does Wave support online payments?
Yes, through Wave Payments. Clients can pay by credit card or bank transfer, with per-transaction fees.
How many invoices can I send per month?
There are no monthly limits on invoices or clients.
Does Wave integrate with other tools?
Integrations are limited. There’s no public API, and most workflows stay within the Wave ecosystem.
Is my financial data secure?
Wave uses encryption and industry-standard security practices to protect user data.

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