Wave vs Invoice Ninja (2026 comparison)
Wave and Invoice Ninja are both invoicing tools. Wave is best for sole traders and very small businesses wanting free invoicing and bookkeeping in one place (free Starter plan (invoicing, accounting and receipt scanning); paid Wave Pro from about $15.83 per month billed annually ($190 a year), or $19 per month billed monthly). Invoice Ninja is best for developers and businesses wanting an open-source, self-hostable invoicing tool they can run on their own server (free plan for up to 5 clients (unlimited invoices); paid Enterprise plans from about $15 per month billed annually ($180 a year) for 2 users, or $18 per month billed monthly).
Pricing and features verified against each vendor's published information on 2026-09-08. Sources linked below.
At a glance
| Feature | Wave | Invoice Ninja |
|---|---|---|
| Free plan | Yes | Yes |
| Pricing from | Free Starter plan (invoicing, accounting and receipt scanning); paid Wave Pro from about $15.83 per month billed annually ($190 a year), or $19 per month billed monthly | Free plan for up to 5 clients (unlimited invoices); paid Enterprise plans from about $15 per month billed annually ($180 a year) for 2 users, or $18 per month billed monthly |
| Best for | sole traders and very small businesses wanting free invoicing and bookkeeping in one place | developers and businesses wanting an open-source, self-hostable invoicing tool they can run on their own server |
| Founded | 2009 | 2014 |
| Platforms | Web, iOS, Android | Web, iOS, Android, Mac, Windows, Linux |
Quick verdict
Choose Wave for sole traders and very small businesses wanting free invoicing and bookkeeping in one place. Choose Invoice Ninja for developers and businesses wanting an open-source, self-hostable invoicing tool they can run on their own server. Both are compared on published information only, so confirm current pricing at each source below.
More options
Sources
FAQ
- Is Wave or Invoice Ninja cheaper?
- As published, Wave starts at Free Starter plan (invoicing, accounting and receipt scanning); paid Wave Pro from about $15.83 per month billed annually ($190 a year), or $19 per month billed monthly and Invoice Ninja starts at Free plan for up to 5 clients (unlimited invoices); paid Enterprise plans from about $15 per month billed annually ($180 a year) for 2 users, or $18 per month billed monthly. Verify current pricing at each vendor.
- Does Wave have a free plan?
- Yes, Wave has a free plan as of 2026-09-08.