Billy vs Wave
A detailed comparison of Billy and Wave to help you choose the right tool for your needs.
💰 Pricing Comparison
| Plan | Billy | Wave |
|---|---|---|
| Free Tier | ✓ 1 user, limited features | ✓ Free accounting and invoicing |
| Lowest Paid | $15/mo | Free |
| Enterprise | $30/mo | Paid payroll available |
⚡ Feature Comparison
| Feature | Billy | Wave |
|---|---|---|
| Invoicing | ✓ | ✓ |
| Expense tracking | ✓ | — |
| Time tracking | ✓ | — |
| Bank connections | ✓ | ✓ |
| Financial overview | ✓ | — |
| Mobile app | ✓ | ✓ |
| Integrations | ✓ | — |
| Multi-user | ✓ | — |
| Reports | ✓ | — |
| API | ✓ | — |
| Accounting | — | ✓ |
| Receipt scanning | — | ✓ |
| Financial reports | — | ✓ |
| Payments | — | ✓ |
| Payroll (paid) | — | ✓ |
| Multi-currency | — | ✓ |
| Dashboard | — | ✓ |
| Open Source | ✗ | ✗ |
| Rating | ⭐ 4 | ⭐ 4 |
Pros & Cons
Billy
Pros
- ✓ Simple and clean
- ✓ Free plan
- ✓ Good mobile app
- ✓ European compliance
Cons
- ✗ Limited to Europe
- ✗ Basic features
- ✗ Small market
- ✗ Language barriers
Wave
Pros
- ✓ Completely free
- ✓ Easy to use
- ✓ Good for basics
- ✓ Receipt scanning
Cons
- ✗ Limited features
- ✗ No inventory
- ✗ No time tracking
- ✗ Basic reporting
🏆 The Verdict
Choose Billy if: You need european small businesses wanting simplicity. Billy excels with its simple and clean and free plan.
Choose Wave if: You need freelancers and micro-businesses wanting free accounting. Wave stands out with its completely free and easy to use.
Best free option: Both Billy and Wave offer free tiers. Billy offers "1 user, limited features" while Wave offers "Free accounting and invoicing".
❓ Frequently Asked Questions
Is Billy better than Wave?
It depends on your needs. Billy is better for european small businesses wanting simplicity, while Wave is better for freelancers and micro-businesses wanting free accounting. Both are excellent tools rated 4 and 4 respectively.
Which is cheaper, Billy or Wave?
Billy starts at $15/mo while Wave starts at Free. Both offer free tiers.
Can I switch from Billy to Wave?
Most tools offer import/export features to help you migrate. We recommend trying Wave's free tier before fully committing to a switch.
💰 Stop Overpaying for SaaS
Join smart professionals who receive our weekly roundup of the best SaaS deals, free alternatives, and money-saving tips.
Free forever. Unsubscribe anytime. No spam.