Kashoo vs Wave
We give Kashoo a 2.2 GPA and Wave a 2.4, out of 4.0. Wave grades higher on the free plan. They get the same grade on value for money, features, ease of use and platforms.
Price, platforms and features side by side. The table says where each price was read and when.
Kashoo
One-plan online accounting with unlimited users and bank feeds
Wave
Free invoicing and bookkeeping for US and Canadian small businesses
How we grade them
| 2.2GPAKashooFair | 2.4GPAWaveFair | |
|---|---|---|
| Value for money | C$30 a month for the business, or $324 a year, just under the dearer quarter of accounting tools at $31.10. Everything is on that one plan, users included, so there's no upsell. There's no cheaper plan for a quiet month either, and each business pays separately. | CPro is $19 a month, or $190 a year, between the cheaper quarter of accounting tools at $15 and the middle at $23. It buys bank feeds, receipt capture, late reminders and lower card fees. Fair, not a steal. |
| Free plan and trial | CA 14-day free trial with no card needed. After that a card is needed to carry on, and there's no free plan, though an unpaid account is kept for 90 days. | BStarter is free with unlimited invoices, estimates, bills and bookkeeping records, plus a dashboard and reports. One person could live on that. The catch is typing in bank transactions by hand, because bank feeds need Pro. |
| Features | CInvoices with online payments, expenses and bills, sales tax, bank feeds from 5,000+ banks, projects, inventory items, several currencies and a double-entry ledger. The gap is on the listing: payroll isn't built in and comes through PaymentEvolution. | CInvoices, online payments, bookkeeping, bank feeds, receipt scanning and payroll as an add-on. The basics are there, but the listing shows no time tracking, projects or inventory, and Wave serves only US and Canadian businesses. |
| Ease of use | CNo store rating on record. Bank feeds bring the transactions in for you, but it's still a double-entry ledger, with banks to connect and categories to learn before it runs itself. | C4.37 from 6,664 App Store ratings, which is decent but below most accounting apps here. Live chat and email support come only with Pro or a paid add-on, on weekdays. |
| Platforms and integrations | BWeb, iPhone and Android, with bank feeds through Plaid, payments through Stripe and Square, and payroll through PaymentEvolution. There's no desktop app, which keeps it off an A. | BWeb, iPhone and Android, with connections to Amazon, Etsy, eBay, Google Sheets, Capsule CRM and Make. Most third-party integrations need Pro, and there's no desktop app. |
| Best for | one flat-priced plan with every feature in it | free invoicing and books in the US or Canada |
The GPA is the average of the five grades: an A is 4 points, an F is none. The full reasons are on each tool's page: Kashoo and Wave. How we grade
Price against what you get
Kashoo starts at $30 a month and scores 2.3 out of 4 on features, ease of use and platforms. Wave starts at $19 a month and scores 2.3.
They score the same, and Wave starts $11 a month lower. Of the other accounting and invoicing tools on the chart, 7 score higher than Kashoo for less, and 5 score higher than Wave for less.
Features, ease of use and platforms, averaged
What paid plans start at, a month (each step along is roughly double) →
- The best score at each price
- Has a free plan
- No free plan
Where they differ
- Kashoo starts at $30 per business / month, billed monthly. Wave starts at $19 per month, billed monthly.
- Wave has a free plan. Kashoo does not, though it has a free trial.
- Wave also covers payroll.
At a glance
| Kashoo | Wave | |
|---|---|---|
| Pricing | Free trial | Free plan |
| Starts at | $30 per business / month, billed monthly | $19 per month, billed monthly |
| Free plan | None | Starter plan: unlimited estimates, invoices, bills and bookkeeping records, a dashboard and reports, and invoicing in the mobile app. Bank transactions are entered by hand. |
| Free trial | 14-day free trial, no credit card required | None listed |
| Web | ||
| iOS | ||
| Android | ||
| Made by | Kashoo | Wave Financial Inc. |
| Price read from | kashoo.com | waveapps.com |
| Checked | Oct 17, 2026 | Oct 17, 2026 |
Who each one suits
Kashoo
- Sole proprietors who want one flat price with every feature included
- Small businesses that share their books with an accountant and staff
- Owners who want phone, chat and email help from the maker itself
Wave
- Sole proprietors in the US or Canada who mainly need to send invoices
- New businesses that want free bookkeeping before paying for bank feeds
- Owners who would rather hand the books to a bookkeeper
Worth knowing
Kashoo
- Each business needs its own subscription; for more than 5 businesses Kashoo quotes a package by phone, email or chat.
- Payroll is not built in: Kashoo connects to PaymentEvolution for it.
- The maker now promotes TrulySmall Accounting, $20 a month, as its newer automated product; Kashoo's help center calls this one Kashoo Classic.
- When the trial ends a card is needed to continue; an unpaid account is kept for another 90 days.
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.
Key features
Kashoo
- Bank feeds
- Connects to more than 5,000 banks and credit unions through Plaid and imports transactions automatically.
- Invoices and online payments
- Unlimited invoices, with customers paying straight from the invoice once a Stripe account is set up. Square sales can be brought in too.
- Expenses, bills and sales tax
- Track expenses and bills, attach unlimited receipts and documents, and track sales tax on a double-entry ledger.
- Projects, items and currencies
- Track projects and inventory items, and record transactions in more than one currency, all on the one plan.
- Unlimited users
- Add your accountant, bookkeeper and staff at no extra cost, each with their own access level.
- Mobile app
- The iOS and Android app sends invoices, shows customer balances and reports, and turns receipt photos into expenses.
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.
Plans
Kashoo
Kashoo$30
per business / month, billed monthly
Every feature: unlimited invoices and users, bank feeds, sales tax, projects, inventory items, multi-currency and two-factor sign-in.
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.
Ways to pay less
Kashoo
- Annual discount
Pay $324 a year with annual billing
Annual billing costs $324 a year, 10% less than twelve monthly payments of $30.
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.
