Started here three years ago expecting to outgrow it in six months. Still here. If your business is genuinely small, this is not a compromise.
Pros
The accounting and invoicing are genuinely free, not a limited trial.
Cons
US payroll only files for you in a limited set of states. Check yours first.
Ease of use
Value for money
Customer service
Functionality
30 found this helpful
Yara Nakamura
Sales Director, Willow & Ash Salons
Canada·Marketing·11 to 50 employees
1.0
Nov 26, 2025
Verified userLinkedIn confirmedUsed 2 or more years
Bank feeds drop constantly
The bank connection breaks every few weeks and needs reconnecting. Sometimes it silently stops pulling and I do not notice until reconciliation does not balance. For accounting software that is a real problem, free or not.
Pros
Unlimited invoices, estimates and customers on the free tier.
Cons
US payroll only files for you in a limited set of states. Check yours first.
Ease of use
Value for money
Customer service
Functionality
29 found this helpful
Rohan Nowak
Operations Manager, Fairview Veterinary
United States·Accounting·1 to 10 employees
5.0
Dec 25, 2025
Verified userUsed less than 6 months
The right answer for a one person business
I run a one person consultancy and Wave does everything I need for nothing. Unlimited invoices, real double entry underneath, and my accountant can work with the export. I kept waiting for the catch and there is not one.
Pros
Unlimited invoices, estimates and customers on the free tier.
Cons
US payroll only files for you in a limited set of states. Check yours first.
Ease of use
Value for money
Customer service
Functionality
28 found this helpful
Naomi Vaughn
Controller, Foundry Road Studios
United States·Nonprofit·51 to 200 employees
5.0
Nov 25, 2025
LinkedIn confirmedUsed 1 to 2 years
The right answer for a one person business
The invoicing is clean and clients pay by card from the invoice. I have used tools costing 40 dollars a month that did this worse.
Pros
Canadian payroll handles T4, ROE, CPP and EI with automatic CRA remittance.
Cons
You will outgrow it, and the migration will not be fun.
Ease of use
Value for money
Customer service
Functionality
28 found this helpful
Quinn Vaughn
Studio Director, Coastline Outfitters
Canada·Transport and logistics·1 to 10 employees
4.0
Jul 14, 2025
Verified userLinkedIn confirmedUsed less than 6 months
Real accounting at no cost
Started here three years ago expecting to outgrow it in six months. Still here. If your business is genuinely small, this is not a compromise.
Pros
Receipt scanning works well enough to keep shoeboxes empty.
Cons
Reporting is basic and exports are the answer to most non standard questions.
Ease of use
Value for money
Customer service
Functionality
28 found this helpful
Preston Vaughn
General Manager, Prairie Rose Bakery
United States·Construction·1 to 10 employees
5.0
Jun 3, 2026
Verified userLinkedIn confirmedUsed 2 or more years
Real accounting at no cost
Canadian payroll files our T4s and handles CPP, EI and the ROE when someone leaves. Remittance to CRA is automatic. For a five person shop in Alberta this is the whole job done for a fraction of what the big providers quoted.
Pros
Unlimited invoices, estimates and customers on the free tier.
Cons
Support is email and a forum, and replies take days.
Ease of use
Value for money
Customer service
Functionality
26 found this helpful
Brooke Vaughn
Founder, Prairie Rose Bakery
United States·Software·1 to 10 employees
3.0
Mar 18, 2026
Verified userUsed less than 6 months
Free has a ceiling and you will find it
Support is email and a forum, and the reply takes a few days. That is a fair trade at this price, but do not build a month end process that assumes someone will answer quickly.
Pros
Proper double entry underneath, so an accountant can work with it.
Cons
Support is email and a forum, and replies take days.
Ease of use
Value for money
Customer service
Functionality
26 found this helpful
Quinn Delgado
Operations Manager, Redbrick Property Group
United States·Healthcare·51 to 200 employees
5.0
Jan 19, 2026
Verified userLinkedIn confirmedUsed 1 to 2 years
T4 season was painless
The invoicing is clean and clients pay by card from the invoice. I have used tools costing 40 dollars a month that did this worse.
Pros
Receipt scanning works well enough to keep shoeboxes empty.
Cons
US payroll only files for you in a limited set of states. Check yours first.
Ease of use
Value for money
Customer service
Functionality
25 found this helpful
Valerie Larkin
Practice Manager, Vertex Machine Works
United States·Legal·1 to 10 employees
5.0
Nov 22, 2025
LinkedIn confirmedUsed 1 to 2 years
Free and not crippled
Started here three years ago expecting to outgrow it in six months. Still here. If your business is genuinely small, this is not a compromise.
Pros
Canadian payroll handles T4, ROE, CPP and EI with automatic CRA remittance.
Cons
There is no inventory, no project tracking and no multi currency.
Ease of use
Value for money
Customer service
Functionality
25 found this helpful
Uma Yamamoto
Operations Manager, Meridian Dental Group
United States·Manufacturing·1 to 10 employees
4.0
Nov 2, 2025
Verified userUsed 2 or more years
Real accounting at no cost
I run a one person consultancy and Wave does everything I need for nothing. Unlimited invoices, real double entry underneath, and my accountant can work with the export. I kept waiting for the catch and there is not one.
Pros
You can run several businesses from one login.
Cons
There is no inventory, no project tracking and no multi currency.
Ease of use
Value for money
Customer service
Functionality
25 found this helpful
Terrence Laroche
Finance Manager, Maplewood Childcare
United States·Professional services·51 to 200 employees
4.0
Jun 7, 2026
Verified userLinkedIn confirmedUsed 2 or more years
Real accounting at no cost
Canadian payroll files our T4s and handles CPP, EI and the ROE when someone leaves. Remittance to CRA is automatic. For a five person shop in Alberta this is the whole job done for a fraction of what the big providers quoted.
Pros
Proper double entry underneath, so an accountant can work with it.
Cons
Support is email and a forum, and replies take days.
Ease of use
Value for money
Customer service
Functionality
24 found this helpful
Wesley Crane
Project Manager, Falcon Ridge Landscaping
United States·Transport and logistics·51 to 200 employees
5.0
Dec 16, 2025
Verified userUsed 2 or more years
Real accounting at no cost
Canadian payroll files our T4s and handles CPP, EI and the ROE when someone leaves. Remittance to CRA is automatic. For a five person shop in Alberta this is the whole job done for a fraction of what the big providers quoted.
Pros
You can run several businesses from one login.
Cons
Bank feeds drop more often than on paid competitors and sometimes fail silently.
Ease of use
Value for money
Customer service
Functionality
24 found this helpful
Willa Ugwu
VP of Sales, Kestrel Analytics
United States·Accounting·1 to 10 employees
3.0
Oct 17, 2025
Verified userLinkedIn confirmedUsed less than 6 months
Free has a ceiling and you will find it
It is excellent for what it is and it will not scale. No inventory, no projects, no multi currency. We are approaching the point where we need those and we will have to move. No complaints, but plan for it.
Pros
Canadian payroll handles T4, ROE, CPP and EI with automatic CRA remittance.
Cons
There is no inventory, no project tracking and no multi currency.
Ease of use
Value for money
Customer service
Functionality
24 found this helpful
Rashid Stavros
Director of Finance, Granite Peak Roofing
Canada·Software·51 to 200 employees
2.0
Jun 27, 2025
Verified userLinkedIn confirmedUsed 1 to 2 years
US payroll left us filing ourselves
The bank connection breaks every few weeks and needs reconnecting. Sometimes it silently stops pulling and I do not notice until reconciliation does not balance. For accounting software that is a real problem, free or not.
Pros
Proper double entry underneath, so an accountant can work with it.
Cons
There is no inventory, no project tracking and no multi currency.
Ease of use
Value for money
Customer service
Functionality
Response from the vendorJul 2, 2025
Thank you for flagging the bank connection issue. Silent feed failures are something we take seriously and our team would like the details. Please contact support so we can look at your specific institution.
24 found this helpful
Halima Brennan
Owner, Trailhead Bicycles
Canada·Software·11 to 50 employees
5.0
Jun 16, 2025
Verified userLinkedIn confirmedUsed 2 or more years
T4 season was painless
The invoicing is clean and clients pay by card from the invoice. I have used tools costing 40 dollars a month that did this worse.
Pros
Canadian payroll handles T4, ROE, CPP and EI with automatic CRA remittance.
Cons
Bank feeds drop more often than on paid competitors and sometimes fail silently.
Ease of use
Value for money
Customer service
Functionality
24 found this helpful
Harold Winters
VP of Sales, Vertex Machine Works
United States·Professional services·1 to 10 employees
5.0
Sep 20, 2024
Verified userLinkedIn confirmedUsed 2 or more years
Real accounting at no cost
The invoicing is clean and clients pay by card from the invoice. I have used tools costing 40 dollars a month that did this worse.
Pros
Proper double entry underneath, so an accountant can work with it.
Cons
Support is email and a forum, and replies take days.
Ease of use
Value for money
Customer service
Functionality
24 found this helpful
Tobias Novak
Accountant, Northgate Logistics
United States·Hospitality·500+ employees
5.0
Aug 31, 2024
Verified userLinkedIn confirmedUsed 2 or more years
T4 season was painless
Canadian payroll files our T4s and handles CPP, EI and the ROE when someone leaves. Remittance to CRA is automatic. For a five person shop in Alberta this is the whole job done for a fraction of what the big providers quoted.
Pros
Proper double entry underneath, so an accountant can work with it.
Cons
There is no inventory, no project tracking and no multi currency.
Ease of use
Value for money
Customer service
Functionality
24 found this helpful
Neil Leclerc
Accountant, Beacon Legal Partners
Canada·Retail·11 to 50 employees
4.0
Apr 5, 2026
Verified userUsed 2 or more years
T4 season was painless
Canadian payroll files our T4s and handles CPP, EI and the ROE when someone leaves. Remittance to CRA is automatic. For a five person shop in Alberta this is the whole job done for a fraction of what the big providers quoted.
Pros
Receipt scanning works well enough to keep shoeboxes empty.
Cons
You will outgrow it, and the migration will not be fun.
Ease of use
Value for money
Customer service
Functionality
23 found this helpful
Jamal Ponce
Bookkeeper, Summit Physio
United States·Hospitality·1 to 10 employees
5.0
Jun 27, 2026
LinkedIn confirmedUsed 2 or more years
T4 season was painless
The invoicing is clean and clients pay by card from the invoice. I have used tools costing 40 dollars a month that did this worse.
Pros
You can run several businesses from one login.
Cons
Support is email and a forum, and replies take days.
Ease of use
Value for money
Customer service
Functionality
21 found this helpful
Joelle Buchanan
Sales Director, Falcon Ridge Landscaping
Canada·Education·51 to 200 employees
4.0
Jun 20, 2026
Verified userUsed 1 to 2 years
Real accounting at no cost
Canadian payroll files our T4s and handles CPP, EI and the ROE when someone leaves. Remittance to CRA is automatic. For a five person shop in Alberta this is the whole job done for a fraction of what the big providers quoted.
Pros
Receipt scanning works well enough to keep shoeboxes empty.
Cons
Bank feeds drop more often than on paid competitors and sometimes fail silently.
United States
Canada