Head to head · Accounting

Zoho Books vs Wave

Both have a genuine free plan, which makes this a favorite matchup for freelancers and very small teams. Zoho Books gives you strong automation, deeper accounting and a path up through the wider Zoho suite. Wave keeps core invoicing and bookkeeping permanently free and simple. Here is how they compare, and which one fits your books.

Reviewed by M. HALLORAN·Updated MARCH 2026·How we vet
★ Our pick
Zoho Books
87 /100
vs
Challenger
Wave
88 /100
◂ Zoho Books Advantage Wave ▸
Wave edges it on raw price and simplicity · Zoho Books answers with automation, depth and room to grow.

These are affiliate links marked rel=“sponsored”. We may earn a commission if you buy · it never affects our scores or who wins. Disclosure.

How they score

Criteria Zoho Books Wave Winner
Ease of use
84
88
Wave
Invoicing and billing
84
82
Zoho Books
Value for money
92
96
Wave
Automation and workflows
90
60
Zoho Books
Accounting depth
88
78
Zoho Books
Free tier
80
95
Wave

Scores are our editorial assessment against the VettedSaaS rubric · not vendor supplied.

Choose Zoho Books if…
+You want deeper accounting and real automation
+You expect to grow past basic books and invoicing
+You already use or plan to use other Zoho apps
+You want a free plan plus an affordable upgrade path
Choose Wave if…
+You are a freelancer or side business watching every dollar
+You mainly need invoicing and simple bookkeeping
+You want core accounting that stays permanently free
+You prefer the simplest possible interface

Feature by feature

✓ full  ·  ∼ partial  ·  — none
Capability Zoho Books Wave
Free plan under $50k Starter
Built in invoicing
Workflow automation
Built in inventory higher tiers
Built in payroll add on
Project and time tracking
Wider app suite Zoho

Feature support verified as of June 2026 · check the vendor for current details.

Pricing, side by side

Per month, US list price
Zoho Books Our pick
Free $0
Standard $20
Professional $50
Premium $70
Wave Challenger
Starter $0
Pro $19
Payroll add on from $40

Pricing as of June 2026 · check the vendor for current pricing. Zoho Books is free for businesses under $50,000 a year in revenue, then runs $20, $50 and $70 a month for Standard, Professional and Premium, with Elite and Ultimate tiers above that; annual billing saves about 20 percent. Wave keeps a free Starter plan; Pro is $19 a month, or about $16 a month billed annually; payroll runs from $40 a month plus $6 per active employee, and card payments cost 2.9 percent plus 60 cents per transaction.