Wave vs Zoho Invoice Pricing (2026)
How do these two stack up on price? Here's what each one costs, what you get, and where the value sits.
| Wave | Zoho Invoice | |
|---|---|---|
| Starts at | $19/mo | Custom |
| Number of plans | 2 | 1 |
| Free plan | ||
| Free trial | — | — |
| Pricing model | flat-rate | flat-rate |
STARTER Plan
- Create unlimited estimates, invoices, bills, and bookkeeping records
- Option to accept online payments 2.9% + $0.60 per credit card transaction 3.4% + $0.60 per Amex transaction
- Invoice on-the-go with the mobile app
- Manage cash flow and customers in one dashboard
Pro Plan
Popular- Option to accept online payments at a discounted rate 2.9% + $0** per credit card transaction 3.4% + $0** per Amex transaction
- Auto-import bank transactions***
- Auto-merge and categorize bank transactions
- Digitally capture unlimited receipts and track expenses
- Automate late payment reminders
- And more!
Zoho Invoice
- Quotes
- Recurring invoices
- Sales receipts
- Payment reminders
- Expenses
- Time tracking
- Customer portal
- Business reports
- Stay tax-compliant
- AI-powered invoicing
Wave vs Zoho Invoice FAQ
- Which one is cheaper?
- One or both use custom pricing, so it depends on your specific needs.
- Can I use either one for free?
- Both offer free plans, so you can try each without paying. Start with whichever fits your workflow better and upgrade when you hit the limits.
- How do they charge?
- Both use a flat-rate model, so the comparison is straightforward — it comes down to features and limits at each price point.
- Which one is a better deal?
- Depends on what you need. Wave: Wave is firmly the budget-friendly play in small business accounting — going up against QuickBooks Simple Start (~$35/mo) and FreshBooks (~$19/mo), they're competitive on price but lead with the free tier as the real hook. They're targeting bootstrapped founders and solopreneurs who flinch at $50+/mo tools. Zoho Invoice: This is the most aggressive price point in the invoicing category — it undercuts FreshBooks, Wave's paid features, and even most freemium tools by just being fully free. They're explicitly targeting freelancers and small businesses who balk at paying $15-30/mo for invoicing alone.
Still deciding? See the best Wave alternatives or the best Zoho Invoice alternatives, ranked with verified pricing.
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We'll monitor pricing changes for Wave and Zoho Invoice and let you know when something moves.