FreeAgent vs Wave Comparison
Compare FreeAgent and Wave side-by-side — pricing, features, scores, and which one is right for you.
The bottom line
FreeAgent and Wave are both strong contenders in the accounting space, but they serve different needs. Wave edges ahead with an overall score of 72/100 compared to FreeAgent's 70/100. Wave is easier to get started with (9/10 for ease of use vs 8/10). On pricing, Wave offers a free tier while FreeAgent requires a paid plan from $27/mo. Wave rates higher for value for money (9/10 vs 7/10), making it a better pick if budget is a concern.
At a glance
| FreeAgent | Wave | |
|---|---|---|
| Our score | 70/100 | 72/100 |
| Starting price | $27/mo | Free |
| Free tier | No | Yes |
| Best for | Accounting for freelancers and small businesses | Free accounting for small businesses |
Pricing comparison
Calculate your cost
Feature comparison
core
| Feature | FreeAgent | Wave |
|---|---|---|
| Invoicing | Yes | Yes |
| Expense tracking | Yes | Yes |
| Bank reconciliation | Yes | Yes |
| Financial reports | Yes | Yes |
Ratings breakdown
Choose FreeAgent if...
- You're ready to invest from $27/mo
- You value an intuitive, easy-to-use interface
- You need enterprise-grade capabilities
Choose Wave if...
- You want a free tier to get started
- You value an intuitive, easy-to-use interface
- Getting strong value for money is a priority
Frequently asked questions
Is FreeAgent or Wave better?
Wave scores 72/100 compared to FreeAgent's 70/100 on VendorVS. However, the best choice depends on your needs — FreeAgent excels at ease of use (8/10) while Wave scores 9/10.
How much does FreeAgent cost compared to Wave?
FreeAgent starts at $27/mo. Wave starts at free (free tier available). Wave is the more affordable option.
Does FreeAgent or Wave have a free plan?
Wave offers a free tier. FreeAgent does not — its cheapest plan starts at $27/mo.
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