Wave vs Zoho Invoice (2026 comparison)
Wave and Zoho Invoice 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). Zoho Invoice is best for small businesses wanting genuinely free invoicing with no upgrade prompt, especially existing Zoho users (free for up to 2 users, 3 active projects and 500 invoices a year; no paid tier).
Pricing and features verified against each vendor's published information on 2026-09-08. Sources linked below.
At a glance
| Feature | Wave | Zoho Invoice |
|---|---|---|
| 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 for up to 2 users, 3 active projects and 500 invoices a year; no paid tier |
| Best for | sole traders and very small businesses wanting free invoicing and bookkeeping in one place | small businesses wanting genuinely free invoicing with no upgrade prompt, especially existing Zoho users |
| Founded | 2009 | 1996 |
| Platforms | Web, iOS, Android | Web, iOS, Android, Mac, Windows |
Quick verdict
Choose Wave for sole traders and very small businesses wanting free invoicing and bookkeeping in one place. Choose Zoho Invoice for small businesses wanting genuinely free invoicing with no upgrade prompt, especially existing Zoho users. Both are compared on published information only, so confirm current pricing at each source below.
More options
Sources
FAQ
- Is Wave or Zoho Invoice 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 Zoho Invoice starts at Free for up to 2 users, 3 active projects and 500 invoices a year; no paid tier. Verify current pricing at each vendor.
- Does Wave have a free plan?
- Yes, Wave has a free plan as of 2026-09-08.