Wave: Small Business Software - Wave Financial
Worth it
Confidence: Medium
Buy if you're a freelancer or micro-business wanting genuinely free accounting and invoicing in one place.
New check
Comparison
Wave: Small Business Software - Wave Financial lands on Worth it, and QuickBooks lands on Depends.
Buy if you're a freelancer or micro-business wanting genuinely free accounting and invoicing in one place.
Buy if you run a US small business that wants accountant-standard, bank-fed books and can absorb recurring price hikes.
| Compare | ||
|---|---|---|
| Verdict | Worth it | Depends |
| Best for | Freelancers and solopreneurs | US small businesses wanting accountant-compatible books |
| Who it's not for | Anyone needing fast, reliable customer support | Solo freelancers who just need invoicing |
| Privacy | No known public vulnerabilities found in the sources reviewed. | No confirmed Intuit-side breach in sources; legacy CVEs, a third-party plugin XSS, and user-reported account takeovers exist. |
| Support quality | Users report unanswered requests | No clear evidence either way |
| Public sentiment | Users praise Wave's free accounting and reporting but frequently complain that support does not respond.⁴ | Users are split: many depend on it daily, while detractors focus on price hikes, forced migration, and hacked accounts. |
| Biggest gotcha | Support reportedly goes unanswered . plan to self-serve or hire a bookkeeper⁴ | Annual price increases documented; one thread title calls pricing 'insane'16 |