Wave vs Zoho Invoice 2026: Two Free Invoicing Tools — US Floor vs Zoho Feature Set
Quick verdict: Wave is our overall pick for Wave vs Zoho Invoice.
Both are free (4.2/5 and 4.0/5). Wave wins on unlimited free invoicing with no branding; Zoho Invoice wins on the client portal, multi-currency and Zoho ecosystem integration.
| Tool | Rating | Pricing | Best for |
|---|---|---|---|
| Wave Best overall Best free Best for teams | 4.2/5 | Free $19/mo (Pro) | Wave is a free-forever invoicing and light-accounting platform for US/Canada freelancers —… |
| Zoho Invoice | 4.0/5 | Free Free (no paid tiers) | Zoho Invoice is a permanently free invoicing tool with a client portal, multi-currency and… |
Bottom line: two genuinely free tools with different free-feature sets. Wave earns 4.2/5 with unlimited invoices and basic bookkeeping at $0, no branding, but US/Canada only and no client portal. Zoho Invoice earns 4.0/5, also free, but adds a client self-service portal, multi-currency and multi-language and deep Zoho integration, at the cost of a 500-invoice/year cap, a 2-user limit and mandatory 'Powered by Zoho' branding. Pick Wave for unlimited free invoicing; pick Zoho Invoice when international clients and a free client portal matter more than volume.
Pricing and details
Wave · 4.2/5
Free plan available · $19/mo (Pro)
The only standing free plan in the cluster: unlimited invoices, estimates, bills and basic bookkeeping at $0. Pro at $19/mo ($190/yr) adds auto bank imports, receipt capture and reminders. Online payments are a separate per-transaction cost (2.9% + $0.60 on the free plan); payroll is a paid US-only add-on. Service is limited to US/Canada.
Pro $190/yr (billed annually, ~$15.83/mo effective)
Wave is a free-forever invoicing and light-accounting platform for US/Canada freelancers — unlimited invoices, estimates and bookkeeping records on the $0 plan, with automation pushed to the paid Pro tier.
Score breakdown
Pros
- Genuinely free: unlimited invoices, estimates and bookkeeping records on the $0 Starter plan
- Simple, fast to set up — the easiest invoice-first flow for a solo operator
- Online payments built in, with receipt scanning and expense tracking
- Pro adds auto bank imports, categorization and reminders without a per-invoice fee
Cons
- US/Canada only — no international invoicing
- Automation (bank imports, receipt capture) is gated behind paid Pro
- No time tracking, inventory or multi-entity accounting
Pricing verified 2026-09-20
Zoho Invoice · 4.0/5
Free plan available · Free (no paid tiers)
Entirely free, no paid tier and no advertising; limits are usage caps, not price gates. The current free plan covers up to 2 users, 3 projects and 500 invoices/year, with mandatory 'Powered by Zoho Invoice' branding on documents. Larger teams move to Zoho Books (the paid, full double-entry accounting product) rather than a paid Zoho Invoice tier.
$0 — free forever (no paid tiers)
Zoho Invoice is a permanently free invoicing tool with a client portal, multi-currency and time tracking; it is the freemium entry of the Zoho ecosystem and the funnel into the paid Zoho Books accounting suite.
Score breakdown
Pros
- 100% free with no paid tier and no advertising — the most complete free feature set here
- Client self-service portal: customers view history and pay online
- Multi-currency and multi-language support for international freelancers
- Deep integration with Zoho CRM, Books, Expense and Projects
Cons
- 500 invoices/year cap and a 2-user, 3-project limit on the free plan
- Mandatory 'Powered by Zoho Invoice' branding on documents
- No automation, approvals or advanced customization on the free tier
Pricing verified 2026-09-20
Frequently asked questions
Which is better overall, Wave or Zoho Invoice?
Wave is our overall pick (4.2/5 vs 4.0/5). Both are free (4.2/5 and 4.0/5). Wave wins on unlimited free invoicing with no branding; Zoho Invoice wins on the client portal, multi-currency and Zoho ecosystem integration.
Do Wave and Zoho Invoice offer free plans?
Wave and Zoho Invoice have a free tier. Wave paid plans start at $19/mo (Pro); Zoho Invoice paid plans start at Free (no paid tiers).
What does Wave cost?
$19/mo (Pro) — The only standing free plan in the cluster: unlimited invoices, estimates, bills and basic bookkeeping at $0. Pro at $19/mo ($190/yr) adds auto bank imports, receipt capture and reminders. Online payments are a separate per-transaction cost (2.9% + $0.60 on the free plan); payroll is a paid US-only add-on. Service is limited to US/Canada. Prices were last verified on 2026-09-20.