Billed vs Wave

Wave is one of the most popular free invoicing tools available. It's a solid choice for solopreneurs who need basic invoicing without spending a dime. But as your business grows, you'll quickly hit Wave's limitations — no time tracking, no project management, and limited support.

Billed fills those gaps with a complete business management platform at an affordable price. Let's compare the two tools side by side.

Feature Comparison: Billed vs Wave

Feature	Billed	Wave
Invoicing	Yes	Yes
Estimates	Yes	Yes
Expense Tracking	Yes	Yes
Time Tracking	Yes	No
Project Management	Yes	No
Client Management	Yes	Yes
Recurring Invoices	Yes	Yes
Online Payments	Yes	Yes
Financial Reporting	Yes	Yes
Multiple Businesses	Yes	No
Team Collaboration	Yes	No
Mobile Apps	Yes	Yes
Invoice Templates	Yes	Yes
Receipt Scanning	Yes	Yes
Dedicated Support	Yes	No
Free Plan Available	Yes	Yes

When to Choose Wave

Wave is a good choice if you're a solopreneur with a tight budget who only needs basic invoicing and doesn't require time tracking or project management.

When to Choose Billed

Billed is the better choice if you need time tracking, project management, team collaboration, and multiple business support alongside your invoicing.

Frequently Asked Questions

Is Wave really free?

Wave's invoicing and accounting features are free. However, you pay for payment processing (2.9% + $0.60 per transaction for credit cards) and payroll services. There's no time tracking or project management at any price.

Why choose Billed over a free tool like Wave?

Billed includes time tracking, project management, team collaboration, and multiple business support — features Wave doesn't offer at any price. For growing businesses, these tools save more money than Wave's free plan saves.

Does Billed have a free plan?

Billed offers a free trial so you can test all features before committing. Plans are affordable and include features that Wave charges extra for or doesn't offer at all.

Can I migrate from Wave to Billed?

Yes. You can export your client data and invoices from Wave and set up your account in Billed. Our support team can help you with the transition.

The Bottom Line

Both Billed and Wave are solid tools for small businesses. The right choice depends on what your business actually needs day to day. If you want professional invoicing with time tracking, project management, and expense tracking built in — Billed delivers more value at a lower price point.

Try Billed free today and see which features matter most to your business.