Invoice2go vs Wave (2026): which should you pick?

Pick Invoice2go if

• Fits if you're a tradesperson who sends a few invoices a month from your phone
• Works for small service businesses that want estimates and invoices in one app

Look elsewhere if

• Tight if you send more than 30 invoices a year: Starter stops there, Professional at 100
• Pricey if you want recurring invoices or phone support: that's Premium at $449.99 a year
• Watch out: card payments cost 2.9% to 3.5% depending on the plan
• Watch out: the site says plans start at $5.99 a month, but the table shows $79.99 a year

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

Invoice2go

• Plans cap invoices per year: 30 on Starter and 100 on Professional; only Premium is unlimited.
• Card payments carry fees of 2.9% to 3.5% depending on plan.
• Recurring invoices and phone support are Premium-only.
• The site's meta description says plans start at $5.99 a month, which does not match the $79.99 a year on the pricing table.

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.

Invoice2go

Invoices and estimates

Create and customize invoices, and send estimates with a customer-communication tool; estimates are unlimited on every plan.

Online payments

Customers can pay by bank transfer, credit or debit card, or PayPal; card fees run from 3.5% down to 2.9% by plan.

Reminders and status tracking

Automated reminders for overdue invoices and status tracking show which invoices have been paid.

Accounting sync

Professional and Premium sync invoice and payment data with QuickBooks or Xero for a tax preparer.

Reports and projects

Keep project documents in one place, attach expenses, bill tracked hours and view charts of business performance.

Mobile and web apps

The apps for iOS and Android sync with the web version so information is the same across devices.

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.

Invoice2go

• Starter$79.99

  per year for up to 30 invoices a year

  30 invoices a year, 3.5% card fees, free ACH bank transfers; shown against a crossed-out $95.88.

• Professional$119.99

  per year for up to 100 invoices a year

  100 invoices a year, 3% card fees, QuickBooks and Xero integration, advanced reports; crossed-out $143.88.

• Premium$449.99

  per year for unlimited invoices

  Unlimited invoices, 2.9% card fees, recurring invoices and phone support; crossed-out $539.88.

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.

Invoice2go

• Annual discount

  Save 16% on annual plans

  The pricing page marks annual billing as 16% cheaper than the crossed-out higher figure on each plan.

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.