FreshBooks
Lite
Flat price, whole team$23.00
× 12 months$276.00
Per year
$2.30 per person / mo
$276
5 billable clients
FreshBooks vs Wave
Compare with for .
FreshBooks
66%
match · $276/yr
Wave
77%
match · $228/yr
What matters most?
Fine-tune
What you'd pay
Entry plan for 10 people, billed yearly where offered. Prices checked Oct 2026.
Wave
Pro
Flat price, whole team$19.00
× 12 months$228.00
Per year
$1.90 per person / mo
$228
FreshBooks
From $23
G2 4.5 · 980 reviewsFreelancers, consultants and service firms that bill clients for time and projects and want invoicing to be the center of their accounting.
vs
Wave
From $19Free plan
G2 4.3 · 327 reviewsSole proprietors and very small service businesses that mainly need invoices and a simple set of books at little or no cost.
Side by side
 FreshBooks | Wave | |
|---|---|---|
| Pricing | $23-$70/month (billed monthly); Select custom | Free; Pro $19/month or $190/year |
| G2 Rating | 4.5 (980 reviews) | 4.3 (327 reviews) |
| Best For | Freelancers, consultants and service firms that bill clients for time and projects and want invoicing to be the center of their accounting. | Sole proprietors and very small service businesses that mainly need invoices and a simple set of books at little or no cost. |
Pros and cons
FreshBooks
Pros
- Polished invoicing and client payments
- Time tracking and retainers built in
- Simple enough for owners with no accounting background
Cons
- Plans are capped by number of billable clients (5 or 50 below Premium)
- Each extra team member costs $11/month
- Accounting reports and accountant access start on Plus
Wave
Pros
- Free plan has no invoice cap
- Pro costs $19/month or $190/year
- Payroll available in the same product
Cons
- No automatic bank imports on the free plan
- No inventory or project tracking
- Support hours are limited (weekdays, Eastern time)
Related comparisons
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+2
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Best Accounting Software for Small Business
QuickBooks is the best accounting software for most US small businesses: it does the most, bundles payroll, payments and bill pay, and most accountants know it. Choose Xero if several people need access, Zoho Books for the best value, or Wave if you need a free start.
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Best Invoicing Software
FreshBooks is the best invoicing software for most freelancers and small service businesses: recurring invoices, reminders, estimates, a client portal, time and expenses on every plan from $23/month. Pick Zoho Invoice if you want all of that free, or Invoice Ninja for $140 a year with unlimited clients.
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FreshBooks alternatives
Stay with FreshBooks if you have a small client list and want simple invoicing with time tracking. Switch to QuickBooks Online or Xero for full accounting, or to Wave or Zoho Books to cut costs.
+2Emily RodriguezUpdated October 2026