---
description: Get detailed information about Wave and how it can help you meet your business needs. Learn more about Wave price, benefits, and disadvantages for businesses in Singapore.
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title: Wave Pricing, Cost & Reviews - Capterra Singapore 2026
---

Breadcrumb: [Home](/) > [PEO Software](/directory/32442/peo/software) > [Wave](/software/178021/wave-apps)

# Wave

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> Accounting solution that helps businesses automate invoicing, payroll management, estimating, invoicing, and bookkeeping tasks.
> 
> Verdict: Rated **4.4/5** by 1726 users. Top-rated for **Likelihood to recommend**.

-----

## Overview

### Who Uses Wave?

Wave helps small business owners, freelancers, solopreneurs, and consultants in the US and Canada manage accounting, payroll, invoicing, estimating and other processes.

## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **4.4/5** | 1726 Reviews |
| Ease of Use | 4.5/5 | Based on overall reviews |
| Customer Support | 4.0/5 | Based on overall reviews |
| Value for Money | 4.6/5 | Based on overall reviews |
| Features | 4.2/5 | Based on overall reviews |
| Recommendation percentage | 80% | (8/10 Likelihood to recommend) |

## About the vendor

- **Company**: Wave
- **Location**: Toronto, Canada
- **Founded**: 2009

## Commercial Context

- **Starting Price**: US$19.00
- **Pricing model**: Flat Rate (Free version available) (Free Trial)
- **Pricing Details**: Wave offers a free version under the Starter plan with basic bookkeeping and invoicing features. The Pro plan is available at $19 USD per month with additional features.
- **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile)
- **Supported Languages**: English
- **Available Countries**: Australia, Canada, China, Germany, India, Japan, United Kingdom, United States

## Features

- ACH Payment Processing
- Accounting
- Accounts Payable
- Accounts Receivable
- Activity Dashboard
- Alerts/Notifications
- Bank Reconciliation
- Billing & Invoicing
- Budgeting/Forecasting
- Cash Management
- Chart of Accounts
- Commission Management
- Customer Statements
- Dashboard
- Data Import/Export
- Direct Deposit
- Expense Tracking
- Financial Analysis
- Financial Management
- Financial Reporting
- Fixed Asset Management
- For Real Estate
- Fund Accounting
- General Ledger
- Income & Balance Sheet
- Invoice Management
- Invoice Processing
- Multi-Currency
- PCI Compliance
- Payroll Management
- Payroll Reporting
- Profit/Loss Statement
- Project Accounting
- Purchase Order Management
- Receipt Management
- Receivables Ledger
- Recurring/Subscription Billing
- Reminders
- Reporting & Statistics
- Reporting/Analytics
- Revenue Recognition
- Tax Compliance
- Tax Management
- Third-Party Integrations
- Time & Expense Tracking
- Transaction Management

## Integrations (6 total)

- Gmail
- Google Sheets
- Microsoft Outlook
- PayPal
- Shoeboxed
- Zapier

## Support Options

- Email/Help Desk
- FAQs/Forum
- Knowledge Base
- Chat

## Category

- [PEO Software](https://www.capterra.com.sg/directory/32442/peo/software)

## Related Categories

- [PEO Software](https://www.capterra.com.sg/directory/32442/peo/software)
- [Direct Deposit Payroll Software](https://www.capterra.com.sg/directory/32598/direct-deposit-payroll/software)
- [Payroll Software](https://www.capterra.com.sg/directory/30202/payroll/software)
- [Human Resources Software](https://www.capterra.com.sg/directory/5/human-resource/software)
- [Accounting Software](https://www.capterra.com.sg/directory/1/accounting/software)

## Alternatives

1. [Xero](https://www.capterra.com.sg/software/169561/xero) — 4.4/5 (3306 reviews)
2. [QuickBooks Online](https://www.capterra.com.sg/software/141374/quickbooks-online) — 4.3/5 (8475 reviews)
3. [PayPal](https://www.capterra.com.sg/software/179251/paypal) — 4.6/5 (26502 reviews)
4. [Abby](https://www.capterra.com.sg/software/1036470/abby) — 4.7/5 (604 reviews)
5. [QuickBooks Enterprise](https://www.capterra.com.sg/software/46497/quickbooks-enterprise) — 4.5/5 (20659 reviews)

## Reviews

### "Wave Recent Changes in Experience" — 3.0/5

> **Amanda** | *19 April 2025* | Marketing & Advertising | Recommendation rating: 8.0/10
> 
> **Pros**: I've used Wave for 5 years. It's very easy to use and can help process payroll, send invoices and keep track of expenses.
> 
> **Cons**: In the recent past, I've had issue with them processing tax payments on time, and their support has significantly decreased from the past.

-----

### "Wave has been the perfect fit for me" — 5.0/5

> **Kathryn** | *25 February 2026* | Professional Training & Coaching | Recommendation rating: 10.0/10
> 
> **Pros**: I first started using Wave after trying to learn Quickbooks and finding it frustrating and way too complicated for my small, service-bases business. Wave was free at the time, and it was far more intuitive. I had a couple of questions that were easily answered by searching through Wave's online resources. I'm not a professional bookkeeper, and I felt way more confident using Wave than I did using Quickbooks. I've kept using it for years even after there was a cost to do so because it was definitely worth it. It continues to be easy to use, and now that I have a part time bookkeeper who helps me out, it lets us collaborate very well.
> 
> **Cons**: Wave's integration with my bank has not always worked effectively, and that has caused some problems. I'm not clear on whether it's my bank or Wave that's the issue, but a couple of times, the integration stopped working then started working again, and this resulted in some duplicate entries that had to be cleared out. It was simple enough to fix but irritating.
> 
> Overall, if I had to set things up all over again, I would still pick Wave. It's been an excellent fit for my business.

-----

### "Wave is free but has limited customer support" — 2.0/5

> **Tim** | *6 March 2026* | Retail | Recommendation rating: 2.0/10
> 
> **Pros**: The starter edition is free which is awesome, you are able to process payroll, invoice clients and perform monthly accounting at no cost.  There is a small fee for accepting credit card payments which is standard amongst other payment providers.
> 
> **Cons**: Customer support is non existent.  Never thought this was a concern until Wave switched payroll processors and caused the system to crash.  Wave went silent for weeks, only resolve was to email the company and those went unanswered.  Had to turn to Redditt for workarounds, worst part was Wave never took responsibility for their mistake, switched to another provider which I pay for but willing to do so after my experience with Wave.
> 
> If you want a free payroll and accounting provider, Wave fits the bill.  If problems arise, you might be on your own and dealing with the consequences for months.

-----

### "Wave hello" — 4.0/5

> **C** | *31 March 2026* | Construction | Recommendation rating: 6.0/10
> 
> **Pros**: Easy to use. Good value for the cost. The invoicing and payment acceptance is good. Running payroll was easy.
> 
> **Cons**: Poor customer service. Takes days to get a response. Payroll tax service was disappointing. Ended up moving to another service because of poor support.
> 
> If you don’t need customer support, wave is a great option for small business book keeping and payment services.

-----

### "Best free invoicing and financial management platform in Canada" — 4.0/5

> **Aaron** | *20 October 2025* | Marketing & Advertising | Recommendation rating: 10.0/10
> 
> **Pros**: Wave has very solid web and app platforms. It's easy to navigate and makes the quoting, invoicing, and payment processes very streamlined -- while accepting payments from all major credit cards in Canada. The free version is already very useful for businesses just starting out, or those that are still in the early growth phase, but they also have an affordable paid version that adds a suite of automations and expense / receipt management functions to further boost productivity.
> 
> **Cons**: The main thing I don't like about Wave is that they don't use standardized "GAAP terminology" for some of their financial management and reporting features. While this may make it more accessible to a certain user base, it actually makes it a bit confusing for me (who has a bit of formal CPA / accounting training).

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## Links

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