A detailed comparison of Invoice Ninja and Wave to help you choose the right tool for your needs.
Free invoicing and time tracking for freelancers and small businesses.
| Plan | Invoice Ninja | Wave |
|---|---|---|
| Free Tier | ✓ Free (self-hosted) | ✓ Free accounting and invoicing |
| Lowest Paid | $10/mo (cloud) | Free |
| Enterprise | $14/mo | Paid payroll available |
| Feature | Invoice Ninja | Wave |
|---|---|---|
| Invoicing | ✓ | ✓ |
| Time tracking | ✓ | — |
| Expense tracking | ✓ | — |
| Project management | ✓ | — |
| Payment processing | ✓ | — |
| Client portal | ✓ | — |
| Proposals | ✓ | — |
| Recurring invoices | ✓ | — |
| Multi-company | ✓ | — |
| API | ✓ | — |
| Accounting | — | ✓ |
| Receipt scanning | — | ✓ |
| Financial reports | — | ✓ |
| Bank connections | — | ✓ |
| Payments | — | ✓ |
| Payroll (paid) | — | ✓ |
| Multi-currency | — | ✓ |
| Dashboard | — | ✓ |
| Mobile app | — | ✓ |
| Open Source | ✓ | ✗ |
| Rating | ⭐ 4.2 | ⭐ 4 |
Choose Invoice Ninja if: You need freelancers and agencies wanting free invoicing. Invoice Ninja excels with its free self-hosted and open source.
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 Invoice Ninja and Wave offer free tiers. Invoice Ninja offers "Free (self-hosted)" while Wave offers "Free accounting and invoicing".
It depends on your needs. Invoice Ninja is better for freelancers and agencies wanting free invoicing, while Wave is better for freelancers and micro-businesses wanting free accounting. Both are excellent tools rated 4.2 and 4 respectively.
Invoice Ninja starts at $10/mo (cloud) 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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