Wave Accounting review: African pricing & payments
100% free cloud invoicing and basic bookkeeping for solo freelancers and consultants.
Wave provides completely free accounting, professional invoice generation, and expense tracking for solo operators. Does not charge monthly software fees, monetizing only on optional credit card payment processing.
- Pricing:
- Free plan available
- Best for:
- Solo freelancers, independent copywriters, and consultants who simply need clean invoices.
- Available in:
- Ghana, Kenya, Nigeria, South Africa
- Payment methods:
- Free Software (No payment required for core accounting)
- Last verified:
- 2026-03-01
Pros
- Core accounting and invoicing software is completely free with no hidden limits
- Clean, simple interface without confusing enterprise accounting jargon
- Supports creating invoices in NGN, KES, GHS, and ZAR
Cons
- Wave Payments (card processing) is not supported for African merchant bank accounts; you must attach your own payment link (e.g. Paystack or bank details)
- No native KRA or SARS electronic tax filing integration
Comparisons
Alternatives to Wave Accounting
- Geegpay by Raenest — Virtual USD/GBP/EUR bank accounts, instant virtual dollar cards, and competitive FX for African remote workers.
- Wise (TransferWise) — Global multi-currency business account with real mid-market exchange rates.
- Chipper Cash for Business — Cross-border African payments, virtual dollar cards, and instant peer-to-peer transfers.
- Zoho Books — Comprehensive cloud accounting and VAT compliance platform with direct African localization.