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Wave alternatives · Accounting

Open-source alternatives to Wave

Wave is not described as open source on its own site. 7 of the 128 other accounting and invoicing tools in this directory are open source, according to their own sites.

Wave has a free plan. Paid plans start at $19 per month, billed monthly. All of them are free or have a free plan.

7 tools · Listings checked up to Nov 13, 2026 · Where the facts come from

How each one differs from Wave

  1. Akaunting

    Open-source accounting you can host yourself or use in the cloud

    • Akaunting starts at $72 per year, self-hosted. Wave starts at $19 per month, billed monthly.
    • Only Wave lists iOS and Android apps.
    • Akaunting is open source and self-hostable, according to its own site.
    • Wave also covers payroll.
  2. GnuCash

    Free double-entry accounting for home and small business use

    • GnuCash is free. Wave starts at $19 per month, billed monthly.
    • Only GnuCash lists Windows, macOS and Linux apps.
    • Only Wave lists a web app.
    • Only Wave lists iOS and Android apps.
  3. Odoo

    Business app suite whose Accounting app is free when used on its own

    • Odoo starts at $31.10 per user / month, billed annually, after $24.90 for the first 12 months. Wave starts at $19 per month, billed monthly.
    • Odoo is open source and self-hostable, according to its own site.
    • Wave also covers payroll.
  4. Bigcapital

    Open-source accounting you host yourself, with a cloud version planned

    • Bigcapital is free. Wave starts at $19 per month, billed monthly.
    • Only Wave lists iOS and Android apps.
    • Bigcapital is open source and self-hostable, according to its own site.
    • Bigcapital also covers inventory.
  5. InvoiceShelf

    Open-source invoicing and expense tracking you host yourself

    • InvoiceShelf is free. Wave starts at $19 per month, billed monthly.
    • Only Wave lists iOS and Android apps.
    • InvoiceShelf is open source and self-hostable, according to its own site.
    • InvoiceShelf also covers quotes and estimates.
  6. LedgerSMB

    Open-source double-entry accounting and ERP you install yourself

    • LedgerSMB is free. Wave starts at $19 per month, billed monthly.
    • Only Wave lists iOS and Android apps.
    • LedgerSMB is open source and self-hostable, according to its own site.
    • LedgerSMB also covers inventory and quotes and estimates.
  7. InvoicePlane

    Free self-hosted invoicing for quotes, invoices and payments

    • InvoicePlane is free. Wave starts at $19 per month, billed monthly.
    • Only Wave lists iOS and Android apps.
    • InvoicePlane is open source and self-hostable, according to its own site.
    • InvoicePlane also covers quotes and estimates.

Common questions

Is there an open-source alternative to Wave?

Yes. Akaunting, GnuCash, Odoo, Bigcapital, InvoiceShelf, LedgerSMB and InvoicePlane are open source, according to their own sites.

Is Wave open source?

Wave is not described as open source on its own site. The listing was checked on Nov 9, 2026 against the pages it cites.

When was this checked?

Each listing shows its own date. On this page they run from Oct 17, 2026 to Nov 13, 2026. Vendors change prices and plans without notice, so confirm on their site before you buy.

This page is built from the listings. A tool is here because its listing says so, and the order is how close each is to Wave: the alternatives its listing names first, then the tools that share the most features with it.