Wave Accounting
Wave Financial (H&R Block)
Free accounting software for small businesses. Invoicing, expense tracking, and reports at no cost. Paid add-ons for payroll and payments.
About Wave Accounting
Wave Accounting offers free invoicing, expense tracking, bank connections, and financial reporting for small businesses. For solo therapists who want simple bookkeeping without the cost of QuickBooks, Wave provides a solid free alternative. The platform includes unlimited invoicing, receipt scanning, and basic reports like profit & loss statements. Wave makes money through optional paid add-ons: payment processing (2.9% + $0.60 per transaction) and payroll services. Wave was acquired by H&R Block in 2019. While not as feature-rich as QuickBooks, Wave is ideal for budget-conscious solo practitioners with straightforward accounting needs.
Best For
- • Solo therapists wanting free bookkeeping
- • Budget-conscious practices
- • Simple accounting needs
Not Ideal For
- • Practices needing advanced features
- • Those wanting HIPAA-compliant accounting
- • Group practices with complex needs
Pricing
Free
Free tier available
Compliance & Security
Always verify compliance directly with the vendor.
Target Audience
Roles
Settings
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