Fiskl vs Wave (2026): which should you pick?

Pick Fiskl if

• Fits if you invoice in several currencies as a freelancer
• Works for small firms that want an AI assistant to categorise transactions

Look elsewhere if

• Tight if you want a free plan, because there isn't one after the 30 days
• Watch out: Solo allows 1 user and 2 bank connections, and more needs Pro or Prime
• Watch out: extra AI tokens cost USD 50 for 30M and expire after 6 months
• Watch out: extra team members are billed per user monthly
• Watch out: prices are in ringgit and local taxes may apply

Pick Wave if

• Fits if you're a sole trader in the US or Canada who mostly sends invoices
• Works for owners who'd pay Wave's own bookkeepers, from $149 a month, to keep the books

Look elsewhere if

• Not for you if your business is outside the US or Canada
• Skip it if you bill by the hour, as there's no time tracking, projects or inventory on the listing
• Tight if you stay free, since every bank transaction is typed in by hand and card fees are 2.9% plus $0.60
• Watch out: live chat and email support need Pro or a paid add-on, and run weekdays 9 AM to 4:45 PM Eastern only
• Pricey if you add payroll, at $40 a month in the US plus $6 per employee and per contractor paid

Fiskl

• The pricing page was read in Malaysian ringgit and no dollar price was readable, so the figures here are RM and may differ for US buyers.
• User and bank limits rise by plan: Solo is 1 user and 2 banks, Pro is 5 and 4, Prime is 10 and unlimited.
• Extra AI tokens cost USD 50 for 30M and expire after 6 months, and extra team members are billed per user monthly.
• The pricing page says local taxes may apply.

Wave

• Wave describes itself as serving businesses in the US and Canada, and its pricing page shows prices only in US and Canadian dollars.
• Payroll costs $40 a month in the US plus $6 per active employee and $6 per contractor paid (Canada: $25 CAD base).
• Bank feeds, automatic reminders and most third-party integrations need Pro; Starter has no bank import.
• Live chat and email support come only with Pro or a paid add-on, Monday to Friday, 9 AM to 4:45 PM Eastern.

Fiskl

Multi-currency accounting

Supports 170+ currencies and 60+ invoice and payment languages, with automated FX gains and losses on Prime.

Bank connections

Connects to 21,000+ banks, with AI categorizing and matching of each transaction to invoices or bills.

Invoices, quotes and expenses

Sends invoices and quotes, tracks bills and expenses, and extracts details from receipts with AI.

Fi AI assistant

Fi answers questions about the ledger in many languages; higher plans add forecasting, scenario planning and anomaly detection.

Stripe reconciliation

Pro and Prime match Stripe payouts to the invoices and fees they contain.

Accountant access

Every plan allows accountant access, and a separate portal called Atlas shows an accounting firm all its client companies.

Wave

Invoices and estimates

Unlimited invoices and estimates on the free plan. Pro removes Wave branding, adds reusable message templates and sends automatic late payment reminders.

Online payments

Customers pay invoices by card or bank payment once online payments are approved; deposits can be collected through estimates.

Bookkeeping and bank feeds

Unlimited bookkeeping records on every plan. Pro imports bank transactions through Plaid, then merges and categorizes them.

Receipt capture

Receipts uploaded from the mobile app, desktop or email become records by OCR. Included in Pro, or $8 a month on Starter.

Wave Payroll

Pays employees and contractors, with tax filing in all 50 US states and CRA remittances in Canada. A separate add-on.

Wave Advisors

Wave's in-house bookkeepers can keep the books for you or coach you to do them yourself, from $149 a month.

Fiskl

• SoloRM 83

  per month after a 30-day free trial

  For freelancers and solo businesses: 1 user, 2 bank connections, 2 brands and accountant access.

• ProRM 150

  per month after a 30-day free trial

  5 users, 4 banks and 4 brands, plus cash flow forecasting, Stripe reconciliation and payment reminders.

• PrimeRM 219

  per month after a 30-day free trial

  10 users, unlimited banks and brands, plus advanced FX handling and Fi-assisted period close.

Wave

• Starter$0

  Unlimited invoices, estimates, bills and records. Card payments cost 2.9% plus $0.60 each, and bank transactions are not imported automatically.

• Pro$19

  per month, billed monthly

  Bank feeds with auto-categorizing, unlimited receipt capture, late payment reminders, more users and card fees of 2.9% with no fixed fee on the first 10 a month.

• Wave Advisors$149

  per month and up

  Pro features plus a dedicated bookkeeper who keeps the books and prepares monthly financial statements. Mobile receipts are not included.

Fiskl

No public discounts listed.

Wave

• Annual discount

  Save $38 with annual Pro billing

  Pro costs $190 a year when billed annually, against $228 for twelve monthly payments of $19.

• Other savings

  Half off Pro for the first 3 months

  New Pro subscribers paying monthly on Wave's website pay $9.50 a month for the first three months, saving $28.50, then the listed $19 a month.

• Other savings

  Black Friday: Wave Advisors from $134 a month

  Bookkeeping plans bought from November 2 to November 30, 2026 start at $134 a month instead of $149, with up to 25% off two-year plans and $30 to $40 off coaching sessions.