A detailed comparison of Billy and Wave to help you choose the right tool for your needs.
| 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 | 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 |
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".
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.
Billy starts at $15/mo while Wave starts at Free. Both offer free tiers.
Most tools offer import/export features to help you migrate. We recommend trying Wave's free tier before fully committing to a switch.
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