--- 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 1720 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** | 1720 Reviews | | Ease of Use | 4.4/5 | 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 (3273 reviews) 2. [NetSuite](https://www.capterra.ca/software/135757/netsuite) — 4.2/5 (2003 reviews) 3. [QuickBooks Online](https://www.capterra.ca/software/141374/quickbooks-online) — 4.3/5 (8393 reviews) 4. [PayPal](https://www.capterra.ca/software/179251/paypal) — 4.6/5 (26301 reviews) 5. [Abby](https://www.capterra.ca/software/1036470/abby) — 4.7/5 (603 reviews) ## Reviews ### "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. ----- ### "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, great for the price" — 4.0/5 > **Hannah** | *December 30, 2024* | Marketing & Advertising | Recommendation rating: 7.0/10 > > **Pros**: It is super easy to use and very affordable for the start-up business owner or side hustler. > > **Cons**: It has limited features in some areas, like payroll, but if you're a solo team, that doesn't matter. > > I really enjoy wave, I've been using it for over 5 years and it super simple and easy for the client to pay invoices. ----- ### "Easy to Use, especially for those starting a business" — 5.0/5 > **Joseph** | *December 16, 2024* | Professional Training & Coaching | Recommendation rating: 10.0/10 > > **Pros**: I have used it for over two years now with great success for my corporation's accounts. I recently asked my accountant if he needed me to get another program to help him with my company's Tax Returns and he flatly said, "No, what you are using now does everything I would want a program to do and is also super simple to use." > > **Cons**: It has all the features I need. I will explore if I can sync it with my corporate credit card to automatically upload entries. > > Very easy to use with the basic level being completely free. You would have to be foolish to try anything else, especially when starting a business and having to be concerned about expenditures. ----- ### "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 ----- 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