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Billing software · Alternatives
Wave Accounting is a billing software product from Wave Financial, Toronto, priced at Free plan with a free plan. We compared 20 alternatives on published price, free plan, platforms and made-in-India support: 13 have a free plan, 16 are built in India.
Quick answer
The closest alternatives to Wave Accounting are Refrens (Free plan), Zoho Books (₹749/mo), ProfitBooks (Free plan), Reach Accounting (₹1,000/mo) and Giddh (₹300/mo). Refrens is the top-ranked option with a free plan. Published prices in this list start at ₹291/month.
Indian support and GST
Wave Accounting is built in Canada. 16 alternatives are made in India, where GST, TDS and UPI are usually handled natively and support runs on IST.
A mobile app
Wave Accounting does not list an Android app. 5 alternatives do.
Ranked by how closely each product matches Wave Accounting's category, pricing model, platforms and business size, then by rating. Prices exclude GST.
| # | Software | Starting price | Free plan | Platforms | Made in India | Rating | Compare |
|---|---|---|---|---|---|---|---|
| — | Wave Accounting (current) | Free plan | Yes | Web | No | 4.4/5 | — |
| 1 |  Refrens | Free plan | Yes | Web | Yes | 4.6/5 | |
| 2 |  Zoho Books | ₹749/mo | Yes | Web | Yes | 4.8/5 | |
| 3 |  ProfitBooks | Free plan | Yes | Web | Yes | 4.7/5 | |
| 4 |  Reach Accounting | ₹1,000/mo | No | Web | Yes | 4.6/5 | |
| 5 |  Giddh | ₹300/mo | Yes | Web | Yes | 4.6/5 | |
| 6 |  OkCredit | Free · Paid packs from Rs 30 per 30 days | Yes | Web, Android, iOS | Yes | 4.7/5 | |
| 7 |  QuickBooks Online | ₹1,500/mo | No | Web | No | 4.4/5 | |
| 8 |  FreshBooks | ₹1,600/mo | No | Web | No | 4.3/5 | |
| 9 |  Groflex | Free plan | Yes | Web | Yes | 4.4/5 | |
| 10 |  Invoicera | Free plan | Yes | Web | Yes | 4.6/5 | |
| 11 |  Marg ERP | One-time licence from ₹5,550 + 18% GST | No | Web | Yes | 4.7/5 | |
| 12 |  ClearOne by Clear | Free plan | Yes | Web | Yes | 4.7/5 | |
| 13 |  Invoice Ninja | Free plan | Yes | Web | No | 4.4/5 | |
| 14 |  EZTax Billing | Free plan | Yes | Web, Android, iOS | Yes | 4.6/5 | |
| 15 |  GimBooks | Free plan | Yes | Web, Android, iOS | Yes | 4.6/5 | |
| 16 |  Vyapar | ₹291/mo | Yes | Web, Android, iOS | Yes | 4.8/5 | |
| 17 |  Tally on Cloud by Hostbooks | ₹999/mo | No | Web | Yes | 4.5/5 | |
| 18 |  Xero | ₹2,400/mo | No | Web, Android, iOS | No | 4.4/5 | |
| 19 |  RealBooks | ₹500/mo | No | Web | Yes | 4.6/5 | |
| 20 |  Zoho Billing | ₹1,499/mo | Yes | Web | Yes | 4.6/5 |
Refrens Internet · Mumbai · Billing software · 4.6/5
Free invoicing, quotations and accounting with a lead-management layer for freelancers and agencies.
Free plan
Free plan available
Compared with Wave Accounting
Key features
Zoho Corporation · Chennai · Billing software · 4.8/5
GST-ready cloud accounting with e-invoicing, e-way bills and bank feeds.
₹749/mo
Free plan available
Compared with Wave Accounting
Key features
ProfitBooks · Pune · Billing software · 4.7/5
Simple online accounting and invoicing for small businesses with inventory.
Free plan
Free plan available
Compared with Wave Accounting
Key features
Reach Accountant · Chennai · Billing software · 4.6/5
Cloud accounting ERP with industry editions for retail, services and manufacturing.
₹1,000/mo
Free trial
Compared with Wave Accounting
Walkover Web Solutions · Indore · Billing software · 4.6/5
Cloud accounting and GST billing with multi-currency and bank reconciliation.
₹300/mo
Free plan available
Compared with Wave Accounting
Key features
OkCredit · Bengaluru · Billing software · 4.7/5
Free digital credit ledger and billing app for kirana stores and small traders.
Free · Paid packs from Rs 30 per 30 days
Free plan available
Compared with Wave Accounting
Key features
Intuit · Mountain View · Billing software · 4.4/5
Cloud accounting and invoicing used by small businesses worldwide.
₹1,500/mo
Free trial
Compared with Wave Accounting
FreshBooks · Toronto · Billing software · 4.3/5
Invoicing and accounting for freelancers and small service businesses.
₹1,600/mo
Free trial
Compared with Wave Accounting
Groflex · Chennai · Billing software · 4.4/5
Cloud invoicing, inventory and accounting for growing businesses.
Free plan
Free plan available
Compared with Wave Accounting
Invoicera · Noida · Billing software · 4.6/5
Online invoicing and expense management with multi-currency.
Free plan
Free plan available
Compared with Wave Accounting
Key features
The closest matches to Wave Accounting on App Advisor are Refrens (Free plan), Zoho Books (₹749/mo), ProfitBooks (Free plan). They are ranked by how closely their category, pricing model, platforms and target business size match Wave Accounting, then by rating. The best choice depends on your team size and budget.
Yes. 13 of the 20 alternatives listed have a free plan or are free: Refrens (Free plan), Zoho Books (₹749/mo), ProfitBooks (Free plan). Free plans usually cap users, records or transactions, so check the limits against your monthly volume.
Among alternatives that publish a price, Vyapar starts lowest at ₹291/mo. Refrens also has a free plan. Prices are read from each vendor's website and exclude GST.
Yes. 16 alternatives are built in India, including Refrens (Free plan), Zoho Books (₹749/mo), ProfitBooks (Free plan). Indian products usually handle GST, TDS and UPI natively and bill in rupees.
Refrens is the closest match to Wave Accounting in our catalogue. Key differences: Built in India (Mumbai). Compare them side by side before you book a demo.
Every product listed sits in billing software or a category Wave Accounting also covers, and Wave Financial's own products are excluded. Prices, free plans and platforms come from each vendor's official website. App Advisor does not sell any of this software.
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