Invoicely vs Wave Comparison 2026
Invoicely's free plan caps at 5 invoices a month for up to 3 clients, with Basic at $9.99 a month raising that to 100 invoices and 25 clients, and no bookkeeping ledger at any tier. Wave's free Starter plan sends unlimited invoices and keeps real double-entry books at the same time, with Pro at $19 a month adding automation and receipt scanning, and card processing charged at 2.9 percent plus 60 cents on either plan. Wave's free plan does more than Invoicely's paid one; the question is only whether Wave's country restrictions on payroll and advisors matter to you.
Invoicing with a free plan that stays free
Invoicing and bookkeeping that costs nothing
At a glance
- Invoicely starts cheaper, at $9.99.
- Both have a genuinely free tier.
Side by side
Invoicely | Wave | |
|---|---|---|
| Starting price (they differ) | From $9.99 | From $19 |
| Pricing model | Free plan, paid tiers | Free plan, paid tiers |
| Free tier | Yes | Yes |
| Billing | Not stated | Monthly or annual |
| Free trial | Not stated | None |
| API | Not stated |
Invoicely
Invoicing with a free plan that stays free
Invoicely sends invoices, estimates and recurring statements, and tracks time, expenses and mileage against them. The free plan is capped at five invoices a month rather than at a trial period, so a freelancer billing one or two clients never has to pay. Billing in any currency is on every paid tier, which matters if your clients are not all in one country.
Our note
Worth choosing when invoicing is the only accounting job you have. The moment somebody says the word reconciliation, you have outgrown it, and paying $9.99 here plus a real ledger somewhere else costs more than starting on Wave.
Wave
Invoicing and bookkeeping that costs nothing
Wave does invoices, receipts and double-entry bookkeeping for free, and earns on card payments and on a paid tier that automates the parts you would otherwise do by hand. For a sole trader sending a dozen invoices a year it is the cheapest honest answer. Payroll and the advisor service exist in some countries only, which is worth checking before a whole tax year lives in it.
Why people weigh these two
- Wave instead of Invoicely
- Wave pairs free invoicing with free bookkeeping, the place to look when you need books out the other end rather than just professional invoices.
- Invoicely instead of Wave
- Invoicely keeps a free plan that stays free rather than expiring into a trial, with paid plans from $9.99, close to Wave's own free-first approach but invoicing only.
Which one should you pick
Pick Invoicely if invoicing is genuinely the only accounting job and multi-currency billing matters, since that sits on every paid tier from $9.99 a month. Its free plan is real but narrow: 5 invoices a month is a hard cap for anyone billing more than a couple of clients.
Pick Wave once bookkeeping needs to be more than invoices, since the free Starter plan already includes double-entry accounts with no invoice cap. Paying $9.99 a month for Invoicely's Basic plan and a separate ledger elsewhere costs more than starting on Wave for free, which is the comparison worth running before choosing Invoicely at all.
Common questions
- Which free plan sends more invoices?
- Wave's, by a wide margin. Its free Starter plan has no invoice cap at all. Invoicely's free plan stops at 5 invoices a month, enough for one or two clients billed monthly and not much more.
- Does Invoicely do real bookkeeping like Wave?
- No. Invoicely tracks time, expenses and mileage against invoices, but its own listing does not describe double-entry books. Wave's free plan includes real double-entry accounting, the kind an accountant needs at year end.
- Which is cheaper once a paid plan is needed?
- Invoicely's Basic plan is $9.99 a month for 100 invoices and 25 clients. Wave's Pro plan is $19 a month, but it is adding automation and receipt scanning on top of bookkeeping that is already free, not raising an invoice cap that was there before.
- Does either bill in multiple currencies?
- Invoicely does, on every paid tier from $9.99 a month, which matters if clients pay in different currencies. Wave's listing does not describe multi-currency billing as a stated feature.
Ratings are the average of reviews readers left. The facts are stated by each tool’s own listing and are not verified by CloutStack. How we make money.