Wave
Pro
Flat price, whole team$19.00
× 12 months$228.00
Per year
$1.90 per person / mo
$228
Wave vs Bonsai
Compare with for .
Wave
77%
match · $228/yr
Bonsai
35%
match · $1,080/yr
What matters most?
Fine-tune
What you'd pay
Entry plan for 10 people, billed yearly where offered. Prices checked Oct 2026.
Smaller bill
Bonsai
Entry plan
$9.00 × 10 seats$90.00
× 12 months$1,080.00
Per year
$9.00 per person / mo
$1,080
Wave
From $19Free plan
G2 4.3 · 327 reviewsSole proprietors and very small businesses that want free unlimited invoicing plus simple bookkeeping.
vs
Bonsai
From $9
G2 4.3 · 101 reviewsFreelancers and small agencies who want proposals, contracts, invoicing and client management in one place.
Side by side
| Wave | Bonsai | |
|---|---|---|
| Pricing | Free; Pro $19/month or $190/year | From $9/user/month (billed annually); invoicing from $19/user/month |
| G2 Rating | 4.3 (327 reviews) | 4.3 (101 reviews) |
| Best For | Sole proprietors and very small businesses that want free unlimited invoicing plus simple bookkeeping. | Freelancers and small agencies who want proposals, contracts, invoicing and client management in one place. |
Pros and cons
Wave
Pros
- Unlimited invoices and clients for $0
- Pro is cheap at $190/year
- Bookkeeping included
- Card fixed fee waived on the first 10 Pro transactions each month
Cons
- Higher $0.60 fixed card fee than Stripe-based tools
- ACH costs 1% with no cap
- No time tracking or client portal
- Automated reminders tied to Pro or online payments
Bonsai
Pros
- Proposal to contract to invoice in one tool
- Client portal and scheduling on Essentials
- Multi-currency billing
- You can choose who pays the payment fee
Cons
- Invoicing needs Essentials ($19/user/month annually), not Basic
- Priced per user, so teams pay more
- Only a 7-day free trial
- ACH at 1% with no published cap
Related comparisons
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+2
Emily RodriguezUpdated October 2026
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.
+2Emily RodriguezUpdated October 2026Accounting & Finance
+2Emily RodriguezUpdated October 2026
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