Both are strong choices. The short answer: pick Wave if you are micro businesses that want free books. Pick FreshBooks if you are freelancers and agencies that invoice for time.
| Wave | FreshBooks | |
|---|---|---|
| In one line | Genuinely free accounting and invoicing. | Invoicing-first accounting for service businesses. |
| Pricing | Free accounting; pay for payments/payroll | From $21/mo |
| Free tier | Yes | No |
| Best for | Micro businesses that want free books | Freelancers and agencies that invoice for time |
| Category | Accounting & Bookkeeping | Accounting & Bookkeeping |
| Website | waveapps.com | freshbooks.com |
Wave details FreshBooks details