Kashoo vs Wave
- ✦ Expense Tracking
- ✦ Auto-categorization (AI)
- ✦ Sales Tax
- ✦ Accounting
- ✦ Receipt Scanning
- ✦ Payroll
Kashoo and Wave are both Accounting tools. Kashoo starts at $20/mo, Wave at $8/mo. Compare features, pricing, and ratings below to find the best fit for your team.
When to Choose Kashoo vs Wave
The question that matters: “In what situation will I regret choosing A over B after 3 months?”
Auto-categorization assigns expense categories to each transaction as it arrives, so tax reports pull from pre-sorted history - no weekly manual review needed.
Kashoo Multi-currency Invoicing bills in EUR, SGD, or AUD; Bank Connections reconcile each currency account separately so revenue never lands on the wrong ledger.
Kashoo's Sales Tax report filters by state or date and calculates nexus-based liability from invoiced transactions so quarterly filings wrap up 5 days early.
Receipt Scanning with Multi-currency support auto-converts foreign expenses by project code, cutting 8 hours of monthly receipt entry down to 90 minutes.
Bank Connections pulls live transaction data; the Accounting module cross-references Invoicing records to surface double payments before month-end close.
Online Payments embedded in each invoice let clients pay by card or bank transfer from their inbox, improving collection speed by 18-25%.
Pricing Comparison & PlansHigh· Verified May 30, 2026
Kashoo Plans
Free tier available
TrulySmall Invoices
FreeBest for: Get unlimited invoicing and credit card payment tracking for $0/month
- ✓Send unlimited invoices
- ✓Accept credit card payments
- ✓Track invoice status
- ✓Client management
- ✓Mobile app access
TrulySmall Accounting
$20/moBest for: For $20/month, you get income tracking, bank connections, and receipt scanning
- ✓Automatic income & expense tracking
- ✓Bank connections & auto-categorization
- ✓Receipt scanning & OCR
- ✓Basic financial reporting
- ✓Single-user access
Kashoo
$30/moBest for: At $30/month, this plan adds advanced reporting, multi-currency, and project tracking
- ✓Advanced financial reporting
- ✓Multi-currency support
- ✓Unlimited users
- ✓Project & job tracking
- ✓Double-entry ledger access
Wave Plans
Free tier available
Starter
FreeBest for: This free plan is ideal for new businesses or those with basic accounting needs, offering invoicing and expense tracking without cost.
- ✓Unlimited invoicing
- ✓Estimates
- ✓Bookkeeping
- ✓Unlimited customers and products
- ✓Add your logo and brand colors to an invoice
Receipts
$8/user/moBest for: This plan focuses on efficient receipt management and expense tracking
- ✓Receipt scanning
- ✓Automatic bookkeeping record creation
- ✓Upload receipt files from desktop or mobile
Pro
$19/user/moBest for: The Pro plan provides advanced features for growing businesses needing more robust accounting tools
- ✓Automated bank transaction imports
- ✓Unlimited collaborators
- ✓Remove Wave branding from invoice footer
- ✓Automated late payment reminders
- ✓Unlimited, secure, and reliable bank connections
Payroll
$40/user/moBest for: Designed for businesses managing employee payroll, including tax calculations and direct deposits
- ✓Payroll processing
- ✓Manage 1099 contractors
- ✓Direct deposit
Capability Breakdown
4 differences found across 16 standardized features
- •Invoicing
- •Expense Tracking
- •Bank Connections
- •Auto-categorization (AI)
- •Financial Reports
- •Sales Tax
- •Multi-currency
- •Receipt Upload
- •Journaling
- •Reconciliation
- •Dashboard
- •Accountant Access
- •Mobile App
- •Import/Export
- •Simple Interface
- •Accounting
- •Invoicing
- •Receipt Scanning
- •Bank Connections
- •Financial Reports
- •Payroll
- •Online Payments
- •Multi-currency
- •Sales Tax Tracking
- •Recurring Invoicing
- •Customer Management
- •Estimates
- •Mobile App
- •Dashboard
- •Integrations
Strengths & Limitations
Evaluative strengths and weaknesses: not feature lists
- +Smart Inbox auto-categorizes transactions with machine learning
- +Unlimited users, bank connections, and invoices on a single plan
- +Includes payroll processing for US and Canadian businesses
- +Simple, uncluttered interface designed for non-accountants
- +Automatic reconciliation and real-time financial reports
- −No time tracking or project-based billing features
- −Lacks inventory management capabilities for product-based businesses
- −Limited third-party app integrations compared to competitors
- −Mobile app has fewer features than the desktop version
- −No multi-currency support for international transactions
- +Truly free accounting, invoicing, and receipt scanning
- +Unlimited users, invoices, and bank connections on the free plan
- +Built-in payment processing (Wave Payments) for faster invoice payment
- +Simple, user-friendly interface designed for non-accountants
- +Mobile app for on-the-go invoicing and receipt capture
- −No dedicated time tracking or project management features
- −Limited to US and Canadian businesses for bank connections and payroll
- −Lacks advanced inventory management for product-based businesses
- −Customer support is primarily email/chatbot on the free plan
- −No third-party app integrations outside of Zapier
At a Glance
Recent Price History
Wave removed the "Wave Advisors" plan
Plan removed · May 30, 2026
Wave removed the "Payroll (Full-Service)" plan
Plan removed · May 30, 2026
Wave added a new "Payroll" plan at $40/user/mo
Plan added · May 30, 2026
Wave added a new "Receipts" plan at $8/user/mo
Plan added · May 30, 2026
Wave raised "Pro" from $16/mo to $19/mo (+19%)
Price change · May 30, 2026
Plan added · May 21, 2026
Plan added · May 21, 2026
Frequently Asked Questions
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