Softwr

Professional Services · head to head

Avaza vs Wave

Avaza logo

Avaza

Professional Services

Projects, timesheets, invoices done right

From
Free
Rated
-
Full reviewWebsite
Wave logo

Wave

Professional Services

Financial software for small businesses

From
Free
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Avaza additional users cost $7/user/month for Timesheet/Expense and Admin roles, $2/user/month for Chat; Wave automatic bank transaction import and receipt scanning require the Pro plan at $19 a month
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Avaza and Wave actually diverge.

Attributes where Avaza and Wave differ
AttributeAvazaWave
PlatformsWebWeb, Ios, Android
FoundedUnknown2010

Identical on both: starting price (Free), pricing model (freemium), free tier (Yes), user rating (Not yet rated), category (Professional Services).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Avaza

Nothing recorded that Wave does not also cover.

Only in Wave

  • Double-entry accounting
  • Invoicing
  • Expense tracking
  • Financial reporting
  • Bank reconciliation
  • Receipt scanning
  • Multi-currency
  • Sales tax tracking

What people use each for

The jobs each tool is most often brought in to do.

Avaza

  • Tracking billable time across distributed teamsnot Wave
  • Managing invoicing with recurring agreementsnot Wave
  • Scheduling resource assignments for projectsnot Wave
  • Collaborating on tasks with real-time updatesnot Wave

Wave

  • Invoicing and bookkeeping for very small businesses and freelancersnot Avaza
  • Accepting card payments against issued invoicesnot Avaza

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Avaza

  • Additional users cost $7/user/month for Timesheet/Expense and Admin roles, $2/user/month for Chat
  • Storage add-ons cost $0.50/GB/month

Wave

  • Automatic bank transaction import and receipt scanning require the Pro plan at $19 a month
  • The free plan pays a $0.60 per transaction fee on card payments on top of 2.9%, which Pro waives only for the first 10 transactions a month
  • Beyond 10 transactions a month the Pro plan pays the same per transaction fee as the free one
  • Amex is charged at 3.4% rather than 2.9% on both plans

Pricing, plan by plan

Avaza

Free
  • FreeFree
    • 1 Timesheet user
    • 1 Admin user
    • 5 active projects
  • Startup$11.95/month
    • 2 Timesheet users
    • 1 Admin user
    • 20 active projects
  • Basic$23.95/month
    • 5 Timesheet users
    • 2 Admin users
    • 50 active projects
  • Business$47.95/month
    • 10 Timesheet users
    • 5 Admin users
    • Unlimited projects

Wave

Free
  • AccountingFree
    • Unlimited invoicing
    • Expense tracking
    • Financial reports
  • Payments$undefined/transaction
    • 2.9% + $0.60 per transaction
    • Credit card processing
    • Bank payments (1%)
  • Payroll$35/month
    • $35/month base + $6/employee
    • Tax calculations
    • Direct deposit

Which should you pick?

Choose Avaza if

  • You want to start without paying.
Avaza review

Choose Wave if

  • You need double-entry accounting.
  • You want to start without paying.
  • You work on Web, Ios, Android.
  • You also want invoicing.
Wave review

Questions people ask

Is Avaza or Wave better?
Neither clearly leads. Avaza starts at Free and Wave at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Avaza or Wave?
Avaza starts at Free and Wave at Free.
Does Avaza or Wave run on more platforms?
Avaza runs on Web. Wave runs on Web, Ios, Android.
Can I use Avaza for free?
Both have a free tier, so you can try either at no cost before committing.
What is Avaza best used for?
Avaza is most often used for tracking billable time across distributed teams, managing invoicing with recurring agreements, scheduling resource assignments for projects, collaborating on tasks with real-time updates. Of those, tracking billable time across distributed teams and managing invoicing with recurring agreements are not what Wave is typically brought in for.
What can Avaza do that Wave cannot?
Wave covers Double-entry accounting, Invoicing, Expense tracking, Financial reporting.

Answered from the vendors’ own pages

Avaza: What does Avaza cost and what are the plan differences?

Avaza's Free plan costs $0/month. Startup is $11.95/month (2 timesheet users, 20 projects), Basic is $23.95/month (5 users, 50 projects), and Business is $47.95/month (10 users, unlimited projects).

Source
Wave: Can I try Wave before committing to a paid plan?

Sign up for the Starter Plan to take the bookkeeping and invoicing basics for a spin. Then, whenever you're ready, upgrade to the Pro Plan to unlock even more money management features.

Source
Avaza: What is included in Avaza's free tier?

The Free plan includes 1 timesheet user, 1 admin user, 5 active projects, 10 customers, 50 invoices/bills monthly, and 100 MB storage. Unlimited project collaborators and external chat contacts are included on all plans.

Source
Wave: What happens if I want to cancel my subscription?

Yes, you can unsubscribe at any time. The cancellation of your subscription will take effect at the end of the billing period in which you cancel.

Source
Avaza: How much does it cost to add extra users or storage to Avaza?

Additional Timesheet/Expense users cost $7/user/month. Extra Admin/Finance users cost $7/user/month. Chat users cost $2/user/month. Additional storage costs $0.50/GB/month.

Source
Wave: Can I upgrade or downgrade my plan easily?

To upgrade to the Pro Plan, sign into Wave. Visit your dashboard or use your invoicing or accounting features, and click the 'Upgrade now' button.

Source
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