TinyInvoice vs Wave

$5/mo vs $19/mo. Same core invoicing. Save $168/year with the focused alternative.

TL;DR: TinyInvoice is 75% cheaper and laser-focused on invoicing. Wave tries to be a full accounting suite but charges $19/mo Pro for essential features like auto-import. Pick TinyInvoice if you just need to send beautiful invoices. Pick Wave if you need bookkeeping and accounting.

Feature-by-Feature Comparison

Feature	TinyInvoice $5/mo	Wave $19/mo
Price per month	$5	$19
Create unlimited invoices	✓	✓
Send invoices to clients	✓	✓
Beautiful, customizable invoice templates	✓	✓
Mobile app for invoicing	✓	✓
Accept online payments	✓	✓ (add-on)
Auto-import bank transactions	—	✓
Automatic expense categorization	—	✓
Receipt OCR scanning	—	✓ (add-on)
Full bookkeeping & accounting	—	✓
Payroll integration	—	✓ (add-on)
Simple, fast setup	✓	—

Common Questions

Is TinyInvoice a good alternative to Wave?

Yes, if you primarily need to create and send invoices to clients. TinyInvoice costs $5/mo vs Wave's $19/mo Pro plan. You don't need Wave's accounting features if you just want to invoice clients quickly and get paid.

How much does TinyInvoice cost compared to Wave?

TinyInvoice is $5/mo (with a free tier). Wave's Pro plan starts at $19/mo. That's a potential savings of $168/year.

What features does Wave have that TinyInvoice doesn't?

Wave includes full bookkeeping, expense tracking, automatic bank transaction imports, receipt OCR scanning, payroll integration, and full accounting functionality. TinyInvoice is focused solely on invoicing. If you need comprehensive accounting, Wave is the better choice.

Who should use TinyInvoice instead of Wave?

Freelancers and solopreneurs who primarily need to create and send invoices and don't want to pay for features they'll never use. If you need bookkeeping and full accounting, stick with Wave.

Can I switch from Wave to TinyInvoice?

Yes! If you're only using Wave for invoicing and not for bookkeeping, switching is simple. Create your invoice templates in TinyInvoice, upload your client list, and you're done. You can export your invoice history from Wave for your records.

Why is TinyInvoice so much cheaper?

TinyInvoice does one thing really well: invoicing. We removed the bloat—no bookkeeping, no accounting integrations, no confusion. Wave tries to be everything, which adds complexity and cost. We focused on speed and simplicity instead.