20 Best Wave Alternatives You Can Use for Small Businesses

Searching for the best Wave alternative for your small business?

The billing and invoice application was verifiably a more gainful cycle when they appeared differently about some other kind of disconnected invoicing. Each paper methodology is overflowing with administrative advances and characteristics in a standard business model. 

Similarly, the opportunity has arrived, which makes professional billing and invoicing software ideal for independent companies the most intelligent response. While Wave is sound, there are others in the market that you might want to consider. If you’re looking for the best Wave alternative, rest assured, you’ll get it. 

Why is online accounting software important?

The online cloud accounting software is an incredible resource that makes your everyday errands more straightforward, ensures precision, oversees participation, and rapidly gets installments online. Gone are the days when hours of your essential time were wasted in the evaluation and preparing articulations into live invoices. 

Since we’ve written down the significance of billing and invoicing virtual products, how about we bring a profound jump into the universe of invoicing and look at the best 20 free accounting software for businesses and the best Wave alternative that would be ideal for your business. 

Top Wave Alternatives

Here are the top 20 alternative accounting software you can use instead of Wave software.

1. Moon Invoice

Moon Invoice is one of the frontrunners in providing a seamless, all-in-one invoicing solution. This online accounting software has delivered robust invoicing solutions to its clientele since the invoicing era. It serves as a free online invoice maker and works equally well for small business owners and large enterprises and perfectly suits their niche requirements. The best Wave alternative app for your invoicing needs. 

Features

• With the simplified tax configuration, it is easy to keep track of your tax as it is GST compliance
• Generating recurring invoices and daily/weekly/monthly reports is relatively easy
• Using the inbuilt timesheet, you can easily create and send invoices efficiently

Pros

• Product stock inventory can be managed thoroughly
• Multiple languages and currency support
• Automatic payment reminders can smooth the process and automate your workflow
• Stock alerts
• Expense tracking can be done within just seconds
• MoonSync server lets your data safe and secured
• Time tracking feature for managing projects and tasks
• Advance payment feature for managing accurate invoices 

Cons

• Text modules can be improvised

Pricing Breakdown

• The bronze plan starts at 4.15 USD/month
• The silver plan starts with 8.33 USD/month
• The gold plan starts at 16.67 USD/month

2. QuickBooks 

A moderate and easy-to-use interface, alongside a large team of consistent billing and accounting features, make QuickBooks a famous Waveapps alternative free among associations around the world. 

Features 

• Altered proficient invoicing 
• Internet banking combination for smooth exchanges 
• Progressed revealing alternatives and traversable dashboards 
• Income the executives through computerized repeating payments 
• Time tracking of representative work hours 

Pros 

• Keen mobile applications to improve openness from cell phones 
• Permits different client control for better team cooperation 
• Cloud-facilitated billing application that advances better information security 
• Free limitless help and support 

Cons 

• No free arrangement for sole bookkeepers 
• Quite mind-boggling for beginner individuals as it has various menu choices 

Pricing Breakdown 

• Yearly membership: Rs 3,804 comprehensive GST for small businesses. 
• It offers a 30 day free trial period. 

3. Zoho Invoice 

An innovative cloud accounting software, Zoho Invoice, is intended to smooth out billing measures in little to medium firms and empower payment assortment from a solitary brought together stage. 

Features 

• Multilingual and multi-currency receipt layout choices 
• The timetable of repeating invoices 
• Collective customer entrance for better access and backing 
• Customization of payment receipts 

Pros 

• Reconciliation with different payment doors for solid information security 
• Allows mass payment straightforwardly through the customer gateway 

Cons 

• Not undeniably appropriate for enormous endeavors 
• Custom announcing choices are somewhat restricted contrasted with comparable market contributions 

Pricing Breakdown

• Zoho offers free signup for the users, followed by a premium membership. 

4. FreshBooks

This is a special cloud accounting software that obliges the smooth billing and accounting necessities of any sort of association. In addition, FreshBooks features a far-reaching receipt to payment software suite and is exceptionally straightforward to advance brisk appropriation of the framework, even by clients not knowledgeable in technology. 

Features 

• Organized costs for the board 
• Screens billable hours for more precise customer billing 
• Online contact to the board and correspondence 
• Exceptional announcing and logical abilities 
• Bound together with an entry for receipt creation and payment assortment 

Pros 

• Reconciliation with countless outsider applications 
• mobile application to help availability 
• Natural dashboards that consider better administrative dynamic 
• Vigorous programmed, planned payment assortment to spare time and exertion 
• Better venture the board and team cooperation 

Cons 

• No receipt labels for clients 
• Not a user-friendly approach

Pricing Breakdown 

• The Lite plan starts at 6.00 USD/month
• Plus plan starts at 10.00 USD/month
• The premium plan starts at 20.00 USD/month
• The select plan offers customization 

5. Invoicera 

Invoicera dynamic online accounting software keeps up to date with the latest trends and innovations by increasing the production of invoices, tracking costs, computing billable hours, and organizing ventures for the board. It is indeed one of the best alternatives to wave accounting software. 

Features 

• Redone work process computerization 
• Creates and prints customer reports for snappy examination 
• Action dashboard with continuous information refreshes 
• Programmed notices and updates for repeating payments 
• Outsider accounting reconciliation 

Pros 

• Multi-language and cash uphold for worldwide exchanges 
• Reconciliation with the most well-known payment doors 
• Cloud-facilitated charge application that advances better team coordinated effort 
• Proficient invoicing layouts and robotized billing 

Cons 

• The product may have an interface that is confounding for new clients 
• The route is somewhat precarious without the necessary help 

Pricing Breakdown

• The Pro plan starts with 2,499 INR/month
• The business plan starts with 9,999 INR/month
• The infinite plan starts with 19,999 INR/month 

6. Invoice2go 

Invoice2go is an entirely computerized cloud accounting software that wipes out regulatory remaining tasks at hand and improves client experience by tracking billing hours precisely. It is considered one of the ideal Wave accounting alternatives for small business accounting and invoicing needs. 

Features 

• Refreshed mobile application for billing exchanges moving 
• Simple creation, change, and breakdown of explanations 
• Direct tracking of worker time sections 
• Consistent money and receipt from the board 
• Mix with different payment passages, for example, PayPal 

Pros 

• Personalization of plan of receipt formats 
• An elevated level of monetary information security through cloud reinforcement 
• Basic and natural dashboard 
• Dependable client assistance for help and support 
• Phenomenal mobile application for better profitability 

Cons 

• No live bank takes care of 
• features might be restricted contrasted with comparative market variations 

Pricing Breakdown 

• Starter plan at 59.99 USD/month
• Professional plan at 99.99 USD/month
• Premium plan at 399.99 USD/month

7. Bill.com 

A broadly famous billing application, Bill.com is a complete invoicing solution that structures the AP/AR measures for associations, bookkeepers, and virtual clerks. Let’s talk more about this popular alternative to Wave accounting software. 

Features 

• Computerized responsible payments and records receivables 
• Bound together record stockpiling 
• Bill booking for repeating payments 
• Income the executives synchronized with in-house frameworks 
• Email customized invoices with occasional updates 

Pros 

• Easy to understand creation and alteration of invoices 
• Paperless inner controls for better proficiency 
• Easy to use dashboard and incredible help team 
• Mix with different outsider applications 

Cons 

• The cost may go about as a detriment for more modest firms 
• The product might be delayed to react through various pages 

Pricing Breakdown 

• Essentials: $39 client/month 
• Team: $49 client/month 
• Corporate: $69 client/month 
• Enterprise plan offering customization with custom pricing. 

8. Bill4Time 

Bill4Time is complex online accounting software that handles an assorted scope of exercises, for example, time tracking, invoicing and report stockpiling, to offer better support than clerks and accounting firms. As a result, it is an ideal alternative to the Wave accounting app. 

Features 

• Broad customer the executives 
• Time and costs tracking 
• Compelling occasional planning for task stream the executives 
• Helpful online payment for income the executives 
• Report the executives for brisk and consistent information access 

Pros

• Mobile application to support general availability from cell phones 
• Easy configuration and high-level security
• Thorough announcing with cutting-edge investigation 
• Limitless software backing and support 

Cons 

• More features could be added for a better client experience 
• Better Pricing Breakdown plans could be presented 

Pricing Breakdown: 

• Time and Billing: 27 USD/user/month
• Legal Pro: 45 USD/user/month
• Legal Enterprise: 80 USD/user/month

9. Billdu 

This is a simple-to-utilize charge application that fills in as an invoicing instrument for small businesses, freelancers, consultants, and bookkeepers. Billdu gloats a severe level of invoice and receipt format customization and plans to give an all-encompassing client experience through cutting-edge features. Apart from advanced features, it also offers a simple invoice generator. Hence, we consider it an ideal Wave accounting alternative.

Features 

• Programmed passage of repeating costs 
• Receipt creation and altering 
• Progressed gauge and requested the board for operational effectiveness 
• Business revealing capacities and natural dashboards 
• Multi-money and language uphold 

Pros 

• Capacity to get client appraisals and criticism for improved help insight 
• Joining a vast number of payment entryways 
• Cloud-facilitated SaaS receipt application for better information availability and network 
• Easy to understand and natural interface 

Cons 

• Perhaps costly for specific customers 
• The billing application will, in general, crash on occasion 

Pricing Breakdown 

• Lite plan: 3.99 USD/month
• Standard plan: 8.99 USD/month
• Premium: 16.99 USD/month

10. Billy App 

A moderate cloud accounting software, Billy App, is planned with center accounting and deals with mechanization capacities to give accountants, specialists, and minor medium associations a comprehensive stage. It proves as one of the best free accounting software for business. 

Features 

• Limitless brand invoices 
• Mechanized bank adjusting with more than 9000 banks 
• mobile application and program augmentation for bringing in receipts 
• Twofold section accounting motor 
• Gauge, request, and cost the executives 
• Repeating receipt planning 

Pros

• Multi-money invoicing 
• Perfect and negligible format plans 
• Progressed security and information encryption features 
• Permits different client control for better team joint effort 
• Scientific revealing and measurable abilities 

Cons 

• No stock service module 
• Could improve plan and combination usefulness 

Pricing Breakdown 

• Free plan for starters
• A premium plan for 21.49 USD/month

11. InvoiceSimple

InvoiceSimple complex internet billing application is a multifaceted instrument that plays out various capacities, disentangling many accounting measures in associations. Below are the features of this alternative to the Wave accounting app.

Features 

• Brought together billing entry 
• payment handling with mechanized updates 
• Planning repeating invoices 
• Various payment passage incorporations 
• Provider and buy request the board 

Pros 

• Cloud-based organization for widespread availability 
• A keen mobile application that upgrades worker commitment 
• Exact representative time tracking to support profitability 
• Free limitless customer backing and support updates 

Cons 

• No client input choice 
• Could consider more client customization choices 

Pricing Breakdown 

• It offers a free trial offer followed by a premium subscription plan. 

12. Chargebee 

Chargebee is one of the finest recurring, professional billing and invoicing software that has worked for SaaS and membership-based eCommerce organizations. To mechanize the payment cycle, it incorporates payment entryways across the globe. Let’s talk about the features of this alternative to the Wave app. 

Features 

• Mechanized invoicing and dunning the board to smooth out the billing cycle 
• Client entry and payment pages are responsive with adjustable topics and fields 
• Chargebee gives membership the executives metered billing feature to help clients to just compensation for their utilization 

Pros

• Basic and intuitive interface for smooth preparing 
• Simple coordination with any permitting tools 
• Adaptable coupons are an additional favorable position 
• Chargebee permits the clients to expand their terminated cards 
• The adjustable billing cycle for repeating billing 

Cons

• The advanced mobile interface doesn’t exist 
• The dashboard isn’t adjustable 
• Email computerization isn’t solid 

Pricing Breakdown

• Custom pricing for a custom plan
• 549 USD/month and 249 USD/month, two different plans offering different features. 

13. Harvest 

Harvest is an electronic tool that gives time tracking, cost tracking, invoicing, and time-sensitive detailing, and that’s only the tip of the iceberg. It is one of the finest cloud accounting software offerings as an alternative to the Wave accounting app. 

Features 

• Time and costs include permit you to keep a timesheet and track customers, activities and errands 
• With time tracking, team and activities can be checked and overseen 
• Clients are permitted to produce team timetables and transform them into visual plans 
• Makes sure that you track your team by checking who worked, exhausted or under-worked and on which ventures 

Pros

• Simple arrangement and the executives 
• Great time keeping that encourages you to keep track of the progressing activities and team 
• The instinctive interface that doesn’t make vagueness and permits the complete client simplicity 
• A standout amongst other reporting discounting contrasted with different software projects 
• Constant expansion of new features keeps Harvest refreshed and moving 

Cons 

• No constant telephone uphold is given 

Pricing Breakdown 

• Free: 1 individual, 2 activities
• Professional: Unlimited people, limitless activities, $12/individual/month 

14. PaySimple 

PaySimple, as the name suggests, allows business owners, freelancers, and enterprises to continue their invoicing journey through an easier, more effective, and more powerful payment processing system for their invoices. It is one of the best alternatives to Wave accounting software in 2021. 

Features 

• Payment alternative with repeating billing, moment payment, ACH payment, eCheck handling, and so forth 
• Intuitive service instruments with dashboards, contest goal, manual payment section and payout time passage 

Pros

• Extortion assurance tools, information tokenization, and POS confirmation are a portion of the safety efforts 
• Fantastic dunning features for assortments, acceleration, debate the board, and so forth 
• billing computerization permits clients to consequently make and send invoices to predefined channels at the set or custom recurrence 

Cons 

• Bit troublesome and awkward for the new clients to comprehend the product 

Pricing Breakdown 

• All features include 59.95 USD/month. 

15. AND.CO 

AND.CO is Fiver’s auxiliary cloud-based arrangement for specialists or entrepreneurs to deal with their enterprises, track time, and make contracts. It is a cloud accounting software that serves as one of the apt Wave accounting alternatives. 

Features 

• Programmed invoices, repeating invoices, and adjustable invoicing to add your logo to your invoices 
• Make, modify, and online sign your agreements according to your arrangement with the customers 
• Smooth out and sort out your costs by keeping them in one spot and rapidly getting to it with all the devices 
• Get snap receipts, messages receipts, or even make repeating costs
• Task supervisor gives total usefulness stack tracking, labeling, setting concede dates and then some 

Pros

• Invoicing is made simple with payment updates, savvy stores, and different features 
• Acknowledge payments internationally with no additional accuses of AND.CO 
• Incredible enterprise the executives with task labeling, creation, and tracking of errand records, and so forth 

Cons 

• You are not permitted to make formats for agreements and spare them 
• Can forget about the assignments, enterprises or customers, and time tracking is additionally interesting 

Pricing Breakdown 

It has two Pricing Breakdown plans. One that is free with restricted element utility and a master plan that charges $18/month with a 30-day unconditional promise. 

16. Hiveage

As we definitely know, being an entrepreneur implies managing invoices consistently to monitor the enterprises you deal with and the installments you get. 

Features

• Hiveage causes you to do precisely that by making invoices that are inventive
•  You can use it without limit and in an easy-to-use way. 
• This administration accompanies several in-constructed receipt formats that look proficient and novel. 

Pros

• You can utilize the default ones or redo them as indicated by your image, make it extravagant or keep it straightforward by adding your image logo.
•  You additionally get the alternative to send and follow invoices online through email or get yourself a printout to download, contingent on your inclinations. 

Cons

• The user interface is a bit shady 
• Not particularly user-friendly

Pricing Breakdown

• Free – 5 Clients
• Basic – $16 – 50 Clients
• Pro – $25 – 250 Clients
• Plus – $42 – 1000 Clients

17. Invoice Berry

With the capacity to make invoices, appraisals, and installments under one device, Invoice Berry Invoices likely has all that you’re searching for. InvoiceBerry is one of the pioneers when it comes to invoicing. And hence, we have listed it as one of the best Wave alternatives in the blog today. 

Features

• Track the status of your invoices 
• Send updates 
• Start a repetitive bill cycle 

Pros

• Gain admittance to definite reports 

Cons

• No yearly plans to go along with

Pricing Breakdown

• Solo – $15 – 35 Clients – 2 Users
• Pro – $30 Unlimited clients, unlimited users, and unlimited invoices. 

18. Xero

With more than 100,000 glad clients, Xero makes making and overseeing invoices too straightforward. You browse a broad scope of pre-made formats or even make one without any preparation to meet your requirements. Check out more about this amazing alternative to Wave accounting software below.  

Features

• Send invoices through email 
• Acknowledge charge cards, PayPal, ACH, and Bitcoin 
• Browse a broad scope of monetary standards and dialects 
• Set up programmed installments for repeating clients 

Pros

• Create a single tick pay invoices to ship off your customers 
• Incorporate time spent per venture for straightforwardness 
• Add a few clients to oversee invoices

Cons

• Costly plan
• No variety in plans

Pricing Breakdown 

• Starter plan for USD 22/month
• Standard pan for USD 35/month
• A premium plan for USD 47/month

19. Invoicely

Invoicely is another splendid online accounting software that helps you deal with your funds from one spot. The highlights given by the instrument include the following justifying it as the best Wave alternative: 

Features

• Creating and sending invoices 
• Making gauges 
• Making deals receipts 

Pros

• Making deals citations 
• Overseeing inventories and buys 
• Multiple plans

Cons

• Customer support isn’t up to the mark

Pricing Breakdown

• Free – 5 Monthly invoices for upto 3 clients
• Basic – $9.99 -100 Monthly invoices for upto 25 clients
• Professional – $19.99 – 250 monthly invoices for upto 100 clients
• Enterprise – $29.99 /Unlimited invoicing and clients

20. Sage 50c

Sage 50c t is cloud accounting software, the best Wave alternative that consolidates the commonality of utilizing a work area-based item with the whenever, anyplace admittance to information that a cloud-based arrangement gives. 

Features

• Make, alter and send invoices straightforwardly from your product
• Track your income by connecting straightforwardly to your ledger, record deals and receipts continuously
• Make proficient statements

Pros

• See incredible detailing and dashboards. 
• Track Project pay, costs and benefit. 
• Exchange various monetary standards. 

Cons

• The user interface is not attractive
• Fewer payment gateways

Pricing Breakdown

• Sage Accounting Start for 10 USD/month
• Sage Accounting for 10 USD/month (60% OFF plan

Did you find what you were looking for?

So, this was a list of the 20 Wave accounting alternatives for small businesses. With proper research and a deep dive into their invoicing world, you can get the best Wave alternative you’ve always looked for to start your business without any invoicing blues. Go with what your business requires, and you shall benefit. Try these best accounting and invoicing apps with the free trial & later move ahead with a premium plan as per your business requirement. 

FAQ’s