Kashoo vs Wave (2026): Which Free or Low-Cost Accounting App Wins?
By ToolVS Research Team · Updated April 10, 2026
Quick verdict: Wave wins for most small businesses and freelancers because its core accounting, invoicing, and receipt scanning are completely free. Kashoo wins if you need multi-currency support, a simpler interface, or want a paid tool with better customer support.
Kashoo
7.6/10
Best for multi-currency small businesses
Wave
8.5/10
Best free accounting for freelancers & SMBs
Feature Comparison
| Feature | Kashoo | Wave |
|---|---|---|
| Pricing | $20/month (all plans) | Free (accounting + invoicing core) |
| Invoicing | Unlimited invoices | Unlimited invoices |
| Multi-currency | Yes — supports 150+ currencies | Limited multi-currency support |
| Receipt Scanning | Mobile app receipt capture | Free receipt scanning included |
| Payroll | Not available | $20/mo + $6/employee (US/Canada) |
| Payment Processing | Stripe integration | 2.9% + $0.60/transaction (Wave Payments) |
| Customer Support | Email + chat support | Help center + chatbot (limited live support) |
| Best For | International freelancers, small businesses | US/Canada freelancers, new small businesses |
Which do you use?
Who Should Choose What?
→ Choose Kashoo if:
You deal with international clients in multiple currencies. You want a clean, simple interface and are willing to pay $20/month. You prefer paid software with dedicated customer support over a free tool with limited help.
→ Choose Wave if:
You're just starting out and want free accounting software. You're US or Canada based and work in a single currency. You want to add payroll later without switching platforms. Budget is your primary constraint.
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