FreeAgent vs Wave: Accounting Comparison (2026)
FreeAgent offers a more comprehensive suite of accounting features, including Making Tax Digital compatibility and advanced tax management, while Wave provides a robust free invoicing and cash flow management solution.
AI Citation Scorecard
How often each is cited by major AI engines when buyers ask accounting questions. Last 90 days across ChatGPT, Perplexity, Gemini, Claude, and Copilot.
Probes run hourly; each (engine × query) combo retests every ~3 days.
Pricing
Key Features
- ✓30-day free trial
- ✓Making Tax Digital-compatible
- ✓Mobile app for managing invoices
- ✓Automatic data extraction
- ✓Tax timeline management
- ✓Real-time cashflow tracking
- ✓UK-based support
- ✓Customizable invoicing
- ✓Unlimited invoices and estimates
- ✓Mobile app for invoicing
- ✓Manage cash flow in one dashboard
- ✓Option to accept online payments
When to choose FreeAgent
Choose FreeAgent if Making Tax Digital (MTD) compatibility, comprehensive tax timeline management, real-time cashflow tracking, and automatic data extraction are priorities. It also offers UK-based support and customizable invoicing. Integrations include Amazon, Stripe, GoCardless, PayPal, Tyl by NatWest, Mettle, Royal Bank of Scotland, and Ulster Bank.
When to choose Wave
Choose Wave if a completely free invoicing and cash flow management platform is the primary requirement. It offers unlimited invoices and estimates and a mobile app for invoicing. Integrations are not listed for Wave.