Wave
Completely free accounting, invoicing, and receipt scanning for small businesses
About
Wave is the most popular free accounting software in the world, offering invoicing, accounting, and receipt scanning at zero cost — forever. Used by over 2 million small businesses and freelancers, Wave provides everything a very small business needs to manage its finances without paying for software. While it lacks the depth of QuickBooks or Xero, Wave is the perfect starting point for solopreneurs, freelancers, and pre-revenue startups who need professional financial tracking without financial overhead. Key Features: Free unlimited invoicing and accounting | Bank connection and transaction import | Receipt scanning via mobile app | Payroll add-on (paid) for employee management | Payment processing with competitive rates | Basic financial reports | Bookkeeper support add-on available Best For: Solopreneurs, freelancers, and very small businesses that need professional financial management at zero cost. Pros: Completely free for core accounting and invoicing | No artificial limits on invoices, customers, or transactions | Easy enough for non-accountants Cons: Limited reporting compared to paid alternatives | No inventory management | India-specific compliance not available
Problem It Solves
Zero-cost bookkeeping for pre-revenue or small businesses
Best For
Solopreneurs, freelancers, very small businesses