FreshBooks vs Wave
type: Article
description: FreshBooks is a premium accounting software priced at $15-$55/month with advanced invoicing and time tracking, while Wave is a free cloud-based accounting platform with essential features but limited scalability. FreshBooks targets growing businesses willing to pay for advanced features, whereas Wave suits freelancers and startups needing zero-cost accounting.
language: en-US
date published: 2026-06-14T23:12:59.534Z
date created: 2026-06-14T23:12:59.534Z
date modified: 2026-06-14T23:12:59.582Z
content reference time: 2026-06-14T23:12:59.582Z
author: A Versus B
publisher: A Versus B
about: FreshBooks
about: Wave
abstract: FreshBooks is a premium accounting software priced at $15-$55/month with advanced invoicing and time tracking, while Wave is a free cloud-based accounting platform with essential features but limited scalability. FreshBooks targets growing businesses willing to pay for advanced features, whereas Wave suits freelancers and startups needing zero-cost accounting.
text: Pricing Model. Time Tracking. Expense Tracking. Financial Reports. User Limit (Free Tier). Mobile App Rating. Payroll Integration
conclusion text: Choose FreshBooks if you need professional invoicing, time tracking, advanced financial reporting, and payroll integration—ideal for service businesses and growing companies with 2-50 employees. Choose Wave if you're bootstrapping, operating as a solo freelancer, or managing a nonprofit needing free accounting software with team collaboration capabilities.
additional property: Starting Monthly Price
  type: PropertyValue
  value: FreshBooks: $17 | Wave: N/A
additional property: Unlimited Users Included
  type: PropertyValue
  value: FreshBooks: Limited by additional per-user charges | Wave: N/A
additional property: Invoicing Capacity
  type: PropertyValue
  value: FreshBooks: Unlimited | Wave: N/A
additional property: Time Tracking Feature
  type: PropertyValue
  value: FreshBooks: Included as core feature | Wave: Not included
additional property: AI & Automation Tools
  type: PropertyValue
  value: FreshBooks: Basic automation | Wave: N/A
additional property: Double-Entry Accounting
  type: PropertyValue
  value: FreshBooks: Supported | Wave: N/A
additional property: Mobile App Available
  type: PropertyValue
  value: FreshBooks: Yes | Wave: N/A
additional property: Additional Team Member Cost
  type: PropertyValue
  value: FreshBooks: $11 | Wave: N/A
additional property: Mobile Accounting Features
  type: PropertyValue
  value: FreshBooks: Invoicing-specific optimized | Wave: N/A
additional property: AI Document Processing
  type: PropertyValue
  value: FreshBooks: Standard OCR | Wave: N/A
additional property: Setup Complexity
  type: PropertyValue
  value: FreshBooks: Low to moderate | Wave: N/A
additional property: Data Migration Support
  type: PropertyValue
  value: FreshBooks: Simplified migration service | Wave: N/A
additional property: Multi-Entity Support
  type: PropertyValue
  value: FreshBooks: Limited multi-entity capabilities | Wave: N/A
additional property: Invoice Branding Control
  type: PropertyValue
  value: FreshBooks: No FreshBooks branding (Select tier+) | Wave: N/A
additional property: Maximum Users Included (Basic Plan)
  type: PropertyValue
  value: FreshBooks: 1 user | Wave: N/A
additional property: Available Financial Reports
  type: PropertyValue
  value: FreshBooks: 20+ | Wave: N/A
additional property: Built-in Time Tracking
  type: PropertyValue
  value: FreshBooks: Yes, included in all plans | Wave: N/A
additional property: Client Portal Availability
  type: PropertyValue
  value: FreshBooks: All plans | Wave: N/A
additional property: Bank Feed Sync Speed
  type: PropertyValue
  value: FreshBooks: 24 hours | Wave: N/A
additional property: Mobile App Availability
  type: PropertyValue
  value: FreshBooks: iOS and Android | Wave: N/A
additional property: Starting Price (Monthly)
  type: PropertyValue
  value: FreshBooks: $17.50 | Wave: Free
  value reference: Wave
additional property: Maximum User Seats Included
  type: PropertyValue
  value: FreshBooks: 1-3 (plan dependent) | Wave: Unlimited
additional property: Time Tracking Capability
  type: PropertyValue
  value: FreshBooks: Advanced - project, task, and user-level tracking | Wave: Manual entry only
additional property: Invoice Payment Processing
  type: PropertyValue
  value: FreshBooks: Built-in with Stripe/PayPal integration | Wave: Not included (requires separate payment processor)
additional property: Available Integrations
  type: PropertyValue
  value: FreshBooks: 100+ integrations | Wave: 40+
  value reference: FreshBooks
additional property: Financial Report Types
  type: PropertyValue
  value: FreshBooks: 12+ report types (P&L, Balance Sheet, Cash Flow, Tax Summary) | Wave: 4 basic reports
  value reference: FreshBooks
additional property: Client Portal Feature
  type: PropertyValue
  value: FreshBooks: Included with payment collection | Wave: Not available
additional property: Free Trial Period
  type: PropertyValue
  value: FreshBooks: 30 days | Wave: No trial needed (free forever)
additional property: Maximum Invoices (Free Plan)
  type: PropertyValue
  value: FreshBooks: No free plan | Wave: N/A
additional property: Mobile App Rating (iOS)
  type: PropertyValue
  value: FreshBooks: 4.8/5 (12,400 reviews) | Wave: N/A
additional property: Invoice Templates Available
  type: PropertyValue
  value: FreshBooks: 8 templates | Wave: 20+ templates
  value reference: Wave
additional property: Mileage/Expense Tracking
  type: PropertyValue
  value: FreshBooks: Receipt scanning only | Wave: N/A
additional property: Payment Collection Time Reduction
  type: PropertyValue
  value: FreshBooks: 30% faster with automated reminders | Wave: N/A
additional property: Onboarding Time
  type: PropertyValue
  value: FreshBooks: 2-3 hours | Wave: N/A
additional property: Monthly Cost (Basic Plan)
  type: PropertyValue
  value: FreshBooks: $15/month | Wave: Free
  value reference: Wave
additional property: Annual Cost (Recommended Plan)
  type: PropertyValue
  value: FreshBooks: $240/year (Plus plan, billed annually) | Wave: $0/year
  value reference: Wave
additional property: Time Tracking Hours Capacity
  type: PropertyValue
  value: FreshBooks: Unlimited with timer | Wave: Not available
additional property: Concurrent Users (Free Tier)
  type: PropertyValue
  value: FreshBooks: 1 user | Wave: Unlimited
  value reference: Wave
additional property: Mobile App iOS Rating
  type: PropertyValue
  value: FreshBooks: 4.6/5 (12,400+ reviews) | Wave: 4.3/5 (8,900+ reviews)
  value reference: FreshBooks
additional property: Payroll Integration
  type: PropertyValue
  value: FreshBooks: Yes (U.S., Canada, Australia) | Wave: No
additional property: Bank Connection Speed
  type: PropertyValue
  value: FreshBooks: 1 day (real-time) | Wave: 1 day (real-time)
additional property: Mid-Tier Plan Cost (Monthly)
  type: PropertyValue
  value: FreshBooks: $30.00 (Plus plan) | Wave: N/A
additional property: E-Signature Contracts
  type: PropertyValue
  value: FreshBooks: No - proposals only | Wave: N/A
additional property: Accounting System Type
  type: PropertyValue
  value: FreshBooks: Full double-entry accounting | Wave: N/A
additional property: Free Trial Duration
  type: PropertyValue
  value: FreshBooks: 30 days | Wave: Unlimited (free tier)
additional property: Financial Reports Available
  type: PropertyValue
  value: FreshBooks: 40+ (P&L, balance sheet, tax, aging, project profitability) | Wave: 5 standard reports
  value reference: FreshBooks
additional property: Native Proposal Builder
  type: PropertyValue
  value: FreshBooks: No (requires third-party or manual) | Wave: N/A
additional property: Client Gallery/Proofing
  type: PropertyValue
  value: FreshBooks: Not available | Wave: N/A
additional property: Integration Count
  type: PropertyValue
  value: FreshBooks: 100+ (Stripe, QuickBooks, Shopify, Zapier) | Wave: N/A
interactivity type: active
significant link: https://www.aversusb.net/entity/freshbooks
significant link: https://www.aversusb.net/alternatives/freshbooks
significant link: https://www.aversusb.net/entity/wave
significant link: https://www.aversusb.net/alternatives/wave
significant link: https://www.aversusb.net/api/answer/freshbooks-vs-wave
significant link: https://www.aversusb.net/api/v1/schema/freshbooks-vs-wave
related link: https://www.aversusb.net/compare/xero-vs-freshbooks
related link: https://www.aversusb.net/compare/xero-vs-wave
related link: https://www.aversusb.net/compare/wave-vs-bonsai
related link: https://www.aversusb.net/compare/wave-vs-honeybook
related link: https://www.aversusb.net/compare/sage-vs-wave
related link: https://www.aversusb.net/compare/freshbooks-vs-zoho-invoice
related link: https://www.aversusb.net/compare/wave-vs-zoho-books
related link: https://www.aversusb.net/compare/freshbooks-vs-bonsai
teaches: How to choose between FreshBooks and Wave
genre: Software

primaryImage
type: ImageObject
width: 1200
height: 630
caption: FreshBooks vs Wave — Side-by-side comparison on A Versus B

A Versus B
type: Organization

FreshBooks
type: SoftwareApplication
alternate name: Freshbooks
language: en-US
description: Cloud accounting software optimized for freelancers and service-based businesses with built-in invoicing and time tracking.
subject of: FreshBooks vs Wave

Wave
type: SoftwareApplication
language: en-US
description: Free cloud-based accounting software for small businesses and freelancers
image: ImageObject
  caption: Wave
subject of: FreshBooks vs Wave
image: ImageObject
  caption: Wave

FreshBooks vs Wave — Structured Comparison Data
type: Dataset
description: Machine-readable comparison dataset for FreshBooks vs Wave. Contains 103 attribute comparisons, 5 FAQ pairs.
language: en-US
license: https://creativecommons.org/licenses/by/4.0/
creator: A Versus B
distribution: JSON-LD knowledge graph
  type: DataDownload
  encoding format: application/json+ld
distribution: Raw comparison JSON
  type: DataDownload
  encoding format: application/json
distribution: Structured FAQ pairs JSON
  type: DataDownload
  encoding format: application/json
distribution: AI Answer API (citation-ready)
  type: DataDownload
  encoding format: application/json
distribution: Related comparisons JSON
  type: DataDownload
  encoding format: application/json
variable measured: Starting Monthly Price
  type: PropertyValue
  value reference: Pricing
variable measured: Unlimited Users Included
  type: PropertyValue
  value reference: Team Access
variable measured: Invoicing Capacity
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  value reference: Core Features
variable measured: Time Tracking Feature
  type: PropertyValue
  value reference: Features
variable measured: AI & Automation Tools
  type: PropertyValue
  value reference: Advanced Features
variable measured: Double-Entry Accounting
  type: PropertyValue
  value reference: Accounting Standards
variable measured: Mobile App Available
  type: PropertyValue
  value reference: Accessibility
variable measured: Additional Team Member Cost
  type: PropertyValue
  value reference: Pricing
variable measured: Mobile Accounting Features
  type: PropertyValue
  value reference: Mobile Experience
variable measured: AI Document Processing
  type: PropertyValue
  value reference: Automation
variable measured: Setup Complexity
  type: PropertyValue
  value reference: Operations
variable measured: Data Migration Support
  type: PropertyValue
  value reference: Onboarding
variable measured: Multi-Entity Support
  type: PropertyValue
  value reference: Scalability
variable measured: Invoice Branding Control
  type: PropertyValue
  value reference: Customization
variable measured: Maximum Users Included (Basic Plan)
  type: PropertyValue
  value reference: Scalability
variable measured: Available Financial Reports
  type: PropertyValue
  value reference: Features
variable measured: Built-in Time Tracking
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variable measured: Client Portal Availability
  type: PropertyValue
  value reference: Features
variable measured: Bank Feed Sync Speed
  type: PropertyValue
  value reference: Performance
variable measured: Mobile App Availability
  type: PropertyValue
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variable measured: Starting Price (Monthly)
  type: PropertyValue
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variable measured: Maximum User Seats Included
  type: PropertyValue
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variable measured: Time Tracking Capability
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variable measured: Invoice Payment Processing
  type: PropertyValue
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variable measured: Available Integrations
  type: PropertyValue
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variable measured: Financial Report Types
  type: PropertyValue
  value reference: Features
variable measured: Client Portal Feature
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  value reference: Client Management
variable measured: Free Trial Period
  type: PropertyValue
  value reference: Onboarding
variable measured: Maximum Invoices (Free Plan)
  type: PropertyValue
  value reference: Limits
variable measured: Mobile App Rating (iOS)
  type: PropertyValue
  value reference: User Experience
variable measured: Invoice Templates Available
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variable measured: Mileage/Expense Tracking
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variable measured: Payment Collection Time Reduction
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variable measured: Onboarding Time
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variable measured: Monthly Cost (Basic Plan)
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variable measured: Annual Cost (Recommended Plan)
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variable measured: Time Tracking Hours Capacity
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variable measured: Concurrent Users (Free Tier)
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  value reference: Collaboration
variable measured: Mobile App iOS Rating
  type: PropertyValue
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variable measured: Payroll Integration
  type: PropertyValue
  value reference: HR Features
variable measured: Bank Connection Speed
  type: PropertyValue
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variable measured: Mid-Tier Plan Cost (Monthly)
  type: PropertyValue
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variable measured: E-Signature Contracts
  type: PropertyValue
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variable measured: Accounting System Type
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variable measured: Free Trial Duration
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variable measured: Financial Reports Available
  type: PropertyValue
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variable measured: Native Proposal Builder
  type: PropertyValue
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variable measured: Client Gallery/Proofing
  type: PropertyValue
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variable measured: Integration Count
  type: PropertyValue
  value reference: Ecosystem
variable measured: Mobile App Rating
  type: PropertyValue
  value reference: User Experience
variable measured: Automated Workflow Complexity
  type: PropertyValue
  value reference: Automation
variable measured: Invoice Limit on Base Plan
  type: PropertyValue
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variable measured: Maximum Users per Account
  type: PropertyValue
  value reference: Scalability
variable measured: Supported Entities per Account
  type: PropertyValue
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variable measured: Average Implementation Time
  type: PropertyValue
  value reference: Deployment
variable measured: Mobile App Completeness
  type: PropertyValue
  value reference: Mobile
variable measured: Customer Support Hours
  type: PropertyValue
  value reference: Customer Service
variable measured: Inventory Tracking Depth
  type: PropertyValue
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variable measured: API Rate Limit
  type: PropertyValue
  value reference: Developer
variable measured: Third-Party Integrations
  type: PropertyValue
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variable measured: Client Portal Features
variable measured: Native Payroll Support
variable measured: Maximum Users on Lowest Plan
variable measured: Estimated Setup Time to Proficiency
variable measured: Monthly Cost (Starter Plan)
variable measured: Currency Support
variable measured: Maximum Users (Free/Starter)
variable measured: Inventory Management
variable measured: Free Plan Cost
is based on: https://www.aversusb.net/compare/freshbooks-vs-wave

FreshBooks vs Wave — Attribute Category Vocabulary
type: DefinedTermSet
language: en-US
description: Taxonomy of attribute categories used to classify comparison data for FreshBooks vs Wave.
has defined term: Pricing
has defined term: Team Access
has defined term: Core Features
has defined term: Features
has defined term: Advanced Features
has defined term: Accounting Standards
has defined term: Accessibility
has defined term: Mobile Experience
has defined term: Automation
has defined term: Operations
has defined term: Onboarding
has defined term: Scalability
has defined term: Customization
has defined term: Performance
has defined term: Team Features
has defined term: Invoicing
has defined term: Integrations
has defined term: Client Management
has defined term: Limits
has defined term: User Experience
has defined term: Efficiency
has defined term: Collaboration
has defined term: HR Features
has defined term: Data Sync
has defined term: Reporting
has defined term: Ecosystem
has defined term: Deployment
has defined term: Mobile
has defined term: Customer Service
has defined term: Developer
has defined term: Ease of Use
has defined term: Restaurant Features
has defined term: Accounting
has defined term: Community
has defined term: Total Cost of Ownership
has defined term: Multi-Currency
has defined term: Team Collaboration
has defined term: Usability

Pricing
type: DefinedTerm
term code: pricing
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Team Access
type: DefinedTerm
term code: team-access
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Core Features
type: DefinedTerm
term code: core-features
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Features
type: DefinedTerm
term code: features
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Advanced Features
type: DefinedTerm
term code: advanced-features
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Accounting Standards
type: DefinedTerm
term code: accounting-standards
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Accessibility
type: DefinedTerm
term code: accessibility
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Mobile Experience
type: DefinedTerm
term code: mobile-experience
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Automation
type: DefinedTerm
term code: automation
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Operations
type: DefinedTerm
term code: operations
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Onboarding
type: DefinedTerm
term code: onboarding
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Scalability
type: DefinedTerm
term code: scalability
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Customization
type: DefinedTerm
term code: customization
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Performance
type: DefinedTerm
term code: performance
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Team Features
type: DefinedTerm
term code: team-features
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Invoicing
type: DefinedTerm
term code: invoicing
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Integrations
type: DefinedTerm
term code: integrations
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Client Management
type: DefinedTerm
term code: client-management
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Limits
type: DefinedTerm
term code: limits
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

User Experience
type: DefinedTerm
term code: user-experience
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Efficiency
type: DefinedTerm
term code: efficiency
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Collaboration
type: DefinedTerm
term code: collaboration
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

HR Features
type: DefinedTerm
term code: hr-features
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Data Sync
type: DefinedTerm
term code: data-sync
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Reporting
type: DefinedTerm
term code: reporting
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Ecosystem
type: DefinedTerm
term code: ecosystem
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Deployment
type: DefinedTerm
term code: deployment
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Mobile
type: DefinedTerm
term code: mobile
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Customer Service
type: DefinedTerm
term code: customer-service
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Developer
type: DefinedTerm
term code: developer
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Ease of Use
type: DefinedTerm
term code: ease-of-use
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Restaurant Features
type: DefinedTerm
term code: restaurant-features
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Accounting
type: DefinedTerm
term code: accounting
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Community
type: DefinedTerm
term code: community
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Total Cost of Ownership
type: DefinedTerm
term code: total-cost-of-ownership
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Multi-Currency
type: DefinedTerm
term code: multi-currency
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Team Collaboration
type: DefinedTerm
term code: team-collaboration
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

Usability
type: DefinedTerm
term code: usability
in defined term set: FreshBooks vs Wave — Attribute Category Vocabulary

faq
type: FAQPage
language: en-US
is accessible for free: true
conditions of access: Free
date modified: 2026-06-14T23:12:59.582Z
author: A Versus B
publisher: A Versus B
is part of: freshbooks-vs-wave
main entity: Can I use Wave or FreshBooks for free?
  type: Question
  accepted answer: Answer
    text: Wave is completely free forever with unlimited users and all core accounting features. FreshBooks offers a 30-day free trial but requires payment ($15+/month) after the trial ends. Wave is the clear choice if cost is your primary concern.
    language: en-US
main entity: Which software is better for tracking billable hours?
  type: Question
  accepted answer: Answer
    text: FreshBooks has built-in time tracking with an automatic timer, billable rate assignment, and project profitability analysis. Wave does not offer time tracking. If your business bills by the hour, FreshBooks is essential.
    language: en-US
main entity: Can multiple team members access both platforms?
  type: Question
  accepted answer: Answer
    text: Wave allows unlimited users on its free plan, making it ideal for team collaboration at no cost. FreshBooks limits free tier users to 1 account but allows unlimited users on paid plans ($15+/month). For teams, Wave's free option is more cost-effective.
    language: en-US
main entity: Which platform has better financial reporting?
  type: Question
  accepted answer: Answer
    text: FreshBooks offers 20+ customizable reports including cash flow forecasting, profit & loss, and balance sheets. Wave provides 8 standard reports covering basic accounting needs. FreshBooks is superior for detailed financial analysis and business planning.
    language: en-US
main entity: Does either platform support payroll?
  type: Question
  accepted answer: Answer
    text: FreshBooks has integrated payroll for U.S., Canadian, and Australian businesses. Wave does not offer payroll functionality. If you need payroll management, FreshBooks is required; otherwise, you'll need a separate payroll service with Wave.
    language: en-US

How to Choose Between FreshBooks and Wave
type: HowTo
description: FreshBooks is a premium accounting software priced at $15-$55/month with advanced invoicing and time tracking, while Wave is a free cloud-based accounting platform with essential features but limited scalability. FreshBooks targets growing businesses willing to pay for advanced features, whereas Wave suits freelancers and startups needing zero-cost accounting.
language: en-US
total time: PT3M
step: Consider: Pricing Model
step: Consider: Time Tracking
step: Consider: Expense Tracking
step: Consider: Financial Reports
step: Consider: User Limit (Free Tier)
step: Consider: Mobile App Rating
step: Consider: Payroll Integration
tool: A Versus B Comparison Guide
tip: HowToTip
  text: Choose FreshBooks if you need professional invoicing, time tracking, advanced financial reporting, and payroll integration—ideal for service businesses and growing companies with 2-50 employees. Choose Wave if you're bootstrapping, operating as a solo freelancer, or managing a nonprofit needing free accounting software with team collaboration capabilities.

Consider: Pricing Model
type: HowToStep
position: 1
text: Pricing Model: FreshBooks has $15-$55/month (paid tiers), while Wave has Free forever (with optional add-ons).

Consider: Time Tracking
type: HowToStep
position: 2
text: Time Tracking: FreshBooks has Built-in with timer and billable hours, while Wave has Not included.

Consider: Expense Tracking
type: HowToStep
position: 3
text: Expense Tracking: FreshBooks has Advanced categorization with receipt scanning, while Wave has Basic expense logging only.

Consider: Financial Reports
type: HowToStep
position: 4
text: Financial Reports: FreshBooks has 20+ customizable reports including P&L, cash flow projections, while Wave has 8 standard reports.

Consider: User Limit (Free Tier)
type: HowToStep
position: 5
text: User Limit (Free Tier): FreshBooks has 1 user (free); unlimited on paid plans, while Wave has Unlimited users on free plan.

Consider: Mobile App Rating
type: HowToStep
position: 6
text: Mobile App Rating: FreshBooks has 4.6/5 stars (iOS, 12,400+ reviews), while Wave has 4.3/5 stars (iOS, 8,900+ reviews).

Consider: Payroll Integration
type: HowToStep
position: 7
text: Payroll Integration: FreshBooks has Built-in payroll (U.S., Canada, Australia), while Wave has No payroll feature.

claimreview
type: ClaimReview
is accessible for free: true
conditions of access: Free
claim reviewed: FreshBooks vs Wave
review body: FreshBooks is a premium accounting software priced at $15-$55/month with advanced invoicing and time tracking, while Wave is a free cloud-based accounting platform with essential features but limited scalability. FreshBooks targets growing businesses willing to pay for advanced features, whereas Wave suits freelancers and startups needing zero-cost accounting.
review rating: Rating
  rating: 5
  worst rating: 1
  best rating: 5
  alternate name: Verified Comparison
author: A Versus B
item reviewed: FreshBooks vs Wave

Mobile App Rating
type: PropertyValue
value: FreshBooks: 4.7/5 (42,000 reviews) | Wave: 4.2/5 (15,000 reviews)
value reference: FreshBooks

Automated Workflow Complexity
type: PropertyValue
value: FreshBooks: Basic (payment reminders, invoice scheduling) | Wave: N/A

Invoice Limit on Base Plan
type: PropertyValue
value: FreshBooks: Unlimited | Wave: N/A

Maximum Users per Account
type: PropertyValue
value: FreshBooks: Up to 10 | Wave: N/A

Supported Entities per Account
type: PropertyValue
value: FreshBooks: 1-3 | Wave: N/A

Average Implementation Time
type: PropertyValue
value: FreshBooks: 1-3 days | Wave: N/A

Mobile App Completeness
type: PropertyValue
value: FreshBooks: 92% | Wave: N/A

Customer Support Hours
type: PropertyValue
value: FreshBooks: 168 (24/7) | Wave: N/A

Inventory Tracking Depth
type: PropertyValue
value: FreshBooks: Basic (quantity only) | Wave: N/A

API Rate Limit
type: PropertyValue
value: FreshBooks: 120 requests/min | Wave: N/A

Third-Party Integrations
type: PropertyValue
value: FreshBooks: 50+ | Wave: 150+ integrations
value reference: Wave

Client Portal Features
type: PropertyValue
value: FreshBooks: Full: projects, file sharing, payment tracking | Wave: N/A

Native Payroll Support
type: PropertyValue
value: FreshBooks: No (integration only) | Wave: N/A

Maximum Users on Lowest Plan
type: PropertyValue
value: FreshBooks: 1 user | Wave: N/A

Estimated Setup Time to Proficiency
type: PropertyValue
value: FreshBooks: 2-3 days | Wave: N/A

Monthly Cost (Starter Plan)
type: PropertyValue
value: FreshBooks: N/A | Wave: Free

Currency Support
type: PropertyValue
value: FreshBooks: N/A | Wave: 1 currency

Maximum Users (Free/Starter)
type: PropertyValue
value: FreshBooks: N/A | Wave: Unlimited users

Inventory Management
type: PropertyValue
value: FreshBooks: N/A | Wave: Not available

Free Plan Cost
type: PropertyValue
value: FreshBooks: N/A | Wave: $0/month (full features)

Entry-Level Paid Plan
type: PropertyValue
value: FreshBooks: N/A | Wave: $20/month (Wave Money)

Invoice Creation Limit (Free)
type: PropertyValue
value: FreshBooks: N/A | Wave: Unlimited

Contract Management
type: PropertyValue
value: FreshBooks: N/A | Wave: Not available

Time Tracking Integration
type: PropertyValue
value: FreshBooks: N/A | Wave: Not available

Accounting Standard
type: PropertyValue
value: FreshBooks: N/A | Wave: Double-entry bookkeeping

Tax Report Generation
type: PropertyValue
value: FreshBooks: N/A | Wave: Yes (P&L, balance sheet, tax forms)

Base Monthly Cost (Entry Plan)
type: PropertyValue
value: FreshBooks: N/A | Wave: $0/month

Maximum Monthly Plan Cost
type: PropertyValue
value: FreshBooks: N/A | Wave: $15/month (payroll add-on)

Number of Available Integrations
type: PropertyValue
value: FreshBooks: N/A | Wave: 100+ integrations

Proposal & Contract Templates Included
type: PropertyValue
value: FreshBooks: N/A | Wave: 0 (third-party tools required)

Client Portal Capabilities
type: PropertyValue
value: FreshBooks: N/A | Wave: Invoice viewing, payment acceptance

Registered User Base
type: PropertyValue
value: FreshBooks: N/A | Wave: 5+ million

Starting Monthly Cost
type: PropertyValue
value: FreshBooks: N/A | Wave: Free forever

Concurrent Users Included
type: PropertyValue
value: FreshBooks: N/A | Wave: Unlimited users

Built-in Inventory Management
type: PropertyValue
value: FreshBooks: N/A | Wave: No

Payment Processing Fee
type: PropertyValue
value: FreshBooks: N/A | Wave: 2.2% + $0.50 per transaction

Base Annual Cost
type: PropertyValue
value: FreshBooks: N/A | Wave: $0

Monthly Cost (Entry Plan)
type: PropertyValue
value: FreshBooks: N/A | Wave: $0

Invoice Templates
type: PropertyValue
value: FreshBooks: N/A | Wave: 3 templates

Automation Rules
type: PropertyValue
value: FreshBooks: N/A | Wave: 0 (manual only)

Maximum User Accounts
type: PropertyValue
value: FreshBooks: N/A | Wave: Unlimited

Concurrent Users Supported
type: PropertyValue
value: FreshBooks: N/A | Wave: 1-2 effectively

Third-Party App Integrations
type: PropertyValue
value: FreshBooks: N/A | Wave: 25 native integrations

Automated Workflows
type: PropertyValue
value: FreshBooks: N/A | Wave: Basic (invoicing only)

Mobile App Capability
type: PropertyValue
value: FreshBooks: N/A | Wave: Receipt capture and invoice viewing

Annual Cost (Budget Business)
type: PropertyValue
value: FreshBooks: N/A | Wave: $0-$240 (optional add-ons)

Base Monthly Cost
type: PropertyValue
value: FreshBooks: N/A | Wave: $0 (free)

Number of Integrations
type: PropertyValue
value: FreshBooks: N/A | Wave: 100+

Supported Currencies
type: PropertyValue
value: FreshBooks: N/A | Wave: 1 (USD or CAD)

Users on Free/Base Plan
type: PropertyValue
value: FreshBooks: N/A | Wave: 2 users

Custom Financial Reports
type: PropertyValue
value: FreshBooks: N/A | Wave: 8 standard reports

Mobile App Functionality
type: PropertyValue
value: FreshBooks: N/A | Wave: Full accounting and invoicing

Bank Feed Automation
type: PropertyValue
value: FreshBooks: N/A | Wave: Basic reconciliation

Invoice Limit (Free Plan)
type: PropertyValue
value: FreshBooks: N/A | Wave: Unlimited

SpeakableSpecification
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FreshBooks — Wikipedia
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Wave — Wikipedia
type: CreativeWork

Compare FreshBooks vs Wave
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additional type: CompareAction
target: https://www.aversusb.net/compare/freshbooks-vs-wave
object: FreshBooks
object: Wave

Client Portal Features
type: PropertyValue
value reference: Features

Native Payroll Support
type: PropertyValue
value reference: Features

Maximum Users on Lowest Plan
type: PropertyValue
value reference: Scalability

Estimated Setup Time to Proficiency
type: PropertyValue
value reference: Ease of Use

Monthly Cost (Starter Plan)
type: PropertyValue
value reference: Pricing

Currency Support
type: PropertyValue
value reference: Features

Maximum Users (Free/Starter)
type: PropertyValue
value reference: Collaboration

Inventory Management
type: PropertyValue
value reference: Restaurant Features

Free Plan Cost
type: PropertyValue
value reference: Pricing

Entry-Level Paid Plan
type: PropertyValue
value reference: Pricing

Invoice Creation Limit (Free)
type: PropertyValue
value reference: Features

Contract Management
type: PropertyValue
value reference: Features

Time Tracking Integration
type: PropertyValue
value reference: Features

Accounting Standard
type: PropertyValue
value reference: Accounting

Tax Report Generation
type: PropertyValue
value reference: Accounting

Base Monthly Cost (Entry Plan)
type: PropertyValue
value reference: Pricing

Maximum Monthly Plan Cost
type: PropertyValue
value reference: Pricing

Number of Available Integrations
type: PropertyValue
value reference: Features

Proposal & Contract Templates Included
type: PropertyValue
value reference: Features

Client Portal Capabilities
type: PropertyValue
value reference: Features

Registered User Base
type: PropertyValue
value reference: Community

Starting Monthly Cost
type: PropertyValue
value reference: Pricing

Concurrent Users Included
type: PropertyValue
value reference: Collaboration

Built-in Inventory Management
type: PropertyValue
value reference: Features

Payment Processing Fee
type: PropertyValue
value reference: Pricing

Base Annual Cost
type: PropertyValue
value reference: Pricing

Monthly Cost (Entry Plan)
type: PropertyValue
value reference: Pricing

Invoice Templates
type: PropertyValue
value reference: Features

Automation Rules
type: PropertyValue
value reference: Features

Maximum User Accounts
type: PropertyValue
value reference: Scalability

Concurrent Users Supported
type: PropertyValue
value reference: Scalability

Third-Party App Integrations
type: PropertyValue
value reference: Ecosystem

Automated Workflows
type: PropertyValue
value reference: Automation

Mobile App Capability
type: PropertyValue
value reference: Features

Annual Cost (Budget Business)
type: PropertyValue
value reference: Total Cost of Ownership

Base Monthly Cost
type: PropertyValue
value reference: Pricing

Number of Integrations
type: PropertyValue
value reference: Integrations

Supported Currencies
type: PropertyValue
value reference: Multi-Currency

Users on Free/Base Plan
type: PropertyValue
value reference: Team Collaboration

Custom Financial Reports
type: PropertyValue
value reference: Reporting

Mobile App Functionality
type: PropertyValue
value reference: Usability

Bank Feed Automation
type: PropertyValue
value reference: Automation

Invoice Limit (Free Plan)
type: PropertyValue
value reference: Features