Invoicing software comparison

JustInvoice vs Wave vs FreshBooks — the real 2026 cost comparison for freelancers

Wave is "free" but charges 2.9% + 60¢ per transaction. FreshBooks starts at $17/mo and caps features by tier. JustInvoice is $9/mo USD flat with zero transaction fees. Works in 40+ countries. Here are the actual numbers, with no marketing spin.

TL;DR: If you bill $3,000+/month, you pay Wave ~$1,032/year in fees. JustInvoice is $108/year USD flat (free during early access). One of the only modern invoicing tools with one-click Stripe payments built in. Try JustInvoice free →

The hidden problem with most invoicing apps (Wave, FreshBooks, InvoiceFast, Square Invoices, PayPal invoicing): your client gets an invoice, opens it, then has to manually pay by e-Transfer, bank transfer, or visit a different site. That friction costs you 11+ days on average before the invoice is paid. JustInvoice is one of the only modern invoicing tools that puts a "Pay Now" button right on the invoice — client clicks, pays with card, done. No friction. No "I'll do it later."

See JustInvoice in action (60 seconds)

Before you read the full breakdown, here's what actually happens when you create and send an invoice in JustInvoice. Real screen recording, founder-narrated:

60-second demo · Real screen recording · No edits to the UI

Quick comparison

JustInvoice Wave FreshBooks
Monthly cost Free now ($9/mo USD after launch) "Free" (but 2.9% + 60¢ per transaction) From $17/mo
Unlimited invoices ✗ (capped by tier) Only on higher tiers
Unlimited clients Only on Plus+ tier ($30/mo)
No transaction fees ✗ (2.9% + 60¢)
Built-in tax handling ✓ (configurable: GST/HST, US sales tax, UK VAT, any rate) Basic Yes (costly tier)
Stripe payments native Via Wave Payments Add-on
"Pay Now" button on invoice ✓ (Stripe OR e-Transfer — user picks in settings) ✗ (PDF + manual e-Transfer) ✓ (Stripe add-on)
Built-in e-Transfer instructions ✓ (Canadian Interac, no fees) Basic (manual) Add-on
Average days to get paid Same day for most clients 14-30 days typical 7-21 days typical
PDF export
Clean, simple UI Cluttered Bloated
Time tracking ✗ (use Toggl)
Inventory Add-on
Accounting reports Full Full

The actual math — what do you pay per year?

The marketing copy for Wave says "free invoicing." The reality is more nuanced. Wave is free for the software, but every invoice paid through Wave Payments costs you 2.9% + 60¢.

If you bill $3,000 / month (small freelancer or solo agency)

ToolMonthlyAnnualEffective per invoice
JustInvoice $9/mo (free now) $108/yr (free now) $0 fees
Wave $0 + ~$86 in transaction fees $0 + ~$1,032 in fees ~$14 per $500 invoice
FreshBooks Lite $17/mo $204/yr $0 fees (but caps at 5 clients)
FreshBooks Plus $30/mo $360/yr $0 fees

Assumes 6 invoices per month averaging $500 each.

If you bill $10,000 / month (mid-sized agency or busy freelancer)

ToolMonthlyAnnualEffective per invoice
JustInvoice $9/mo (free now) $108/yr (free now) $0 fees
Wave $0 + ~$290 in transaction fees $0 + ~$3,480 in fees ~$58 per $2,000 invoice
FreshBooks Premium $60/mo $720/yr $0 fees

Assumes 5 invoices per month averaging $2,000 each.

The honest verdict: if you bill over $2,500/month and accept card payments through your invoicing tool, Wave costs you more than FreshBooks Premium in pure fees. The "free" pricing stops being free somewhere around $1,500/month of paid invoices.

When Wave is the right choice

Honestly: Wave is great for some people. If you want full double-entry accounting, payroll, inventory, and invoicing all in one tool — and your clients don't pay by card through the platform — Wave is the best free option out there. The accounting suite is genuinely good. We don't compete with that.

What Wave is not great for: solo freelancers billing primarily via card payments. The 2.9% cut eats your margin.

When FreshBooks is the right choice

FreshBooks is the right choice if you need:

What FreshBooks is not great for: solo freelancers who don't need any of the above. The $17/mo starting tier caps you at 5 clients — fine for someone with 3 clients, brutal if you have 6.

What about InvoiceFast.ca?

InvoiceFast.ca is a popular Canadian-only invoicing app with a strong mobile presence (native iOS + Android apps), $3.99/month or $79.99 lifetime pricing, and 1,000+ contractor users in Canada.

Where InvoiceFast is genuinely good

Where InvoiceFast falls short for most freelancers

JustInvoice vs InvoiceFast — the honest summary

JustInvoiceInvoiceFast
Monthly price$9/mo (free during early access)$3.99/mo or $79.99 lifetime
Stripe payments✓ Native, one-click✗ PDF only, manual e-Transfer
Mobile appsMobile-responsive web (native app on roadmap)✓ Native iOS + Android
Lifetime dealNone✓ $79.99 one-time
Avg days to get paidSame day (one click)14-30 days (e-Transfer friction)
Premium templatesAll included$9 per template pack
Best forFreelancers who bill via card, want fast paymentContractors who invoice from job sites, e-Transfer payers
The honest verdict: InvoiceFast is a legit competitor with a real customer base. If mobile-first or lifetime pricing matters more to you than payment speed, InvoiceFast is a fine choice. If you've ever lost a week chasing an e-Transfer from a busy client, JustInvoice's one-click Stripe payment will pay for itself on your very first invoice.

When JustInvoice is the right choice

JustInvoice is built for one specific user:

Solo freelancer or 1-3 person agency, 5-30 active clients, billing primarily via card or ACH, doesn't need time tracking / inventory / full accounting, in any of 40+ Stripe-supported countries (Canada, US, UK, Australia, EU, etc.), wants to send clean PDF invoices and get paid without fees eating their margin. Configurable tax and currency per account.

That's it. We don't try to be everything for everyone. We try to be the right tool for that specific person.

Feature-by-feature honest comparison

Tax handling (GST/HST/PST, US sales tax, UK VAT, custom rates)

Winner: JustInvoice for flexibility. Tax percentage is configurable per account in settings — set GST/HST, US state sales tax, UK VAT, or any custom rate you need. Every invoice automatically applies the right rate. Wave and FreshBooks support common tax scenarios but the configuration is locked behind tier upgrades or awkward workarounds. JustInvoice treats tax as a first-class setting, not a paid add-on.

PDF quality

Three-way tie. All three generate clean PDF invoices. Wave and FreshBooks have more template options. JustInvoice keeps it simple — one clean template that looks professional. Pick based on what you actually use.

Mobile experience

Winner: Wave. Wave has the best mobile app of the three. FreshBooks mobile is solid. JustInvoice is currently mobile-responsive web only — a native app is on the roadmap.

Integrations

Winner: FreshBooks. FreshBooks integrates with 100+ tools. Wave integrates with most of the same. JustInvoice is intentionally minimal — Stripe for payments, Resend for email, that's it.

Pricing transparency

Winner: JustInvoice. $9/mo USD flat. No tiers, no caps, no "contact us for pricing." Wave's pricing page requires you to calculate your transaction fees yourself. FreshBooks has 4 tiers and 7 add-ons — easy to accidentally end up at $60/mo when you thought you were paying $17.

FAQ

Is Wave really free?

The software is free. The payment processing is 2.9% + 60¢ per transaction. For a freelancer billing $50K/year through Wave, that's roughly $1,450 in fees. Not "free" in practice — Wave makes money from your payment processing.

Can I import my Wave or FreshBooks invoices into JustInvoice?

Yes. Both Wave and FreshBooks let you export invoices and clients as CSV. JustInvoice supports CSV import for both. Migration takes about 20 minutes for a typical freelancer.

Does JustInvoice handle recurring billing?

Not yet. Recurring invoices are on the roadmap. If recurring billing is a core need, FreshBooks is the better choice today.

Can I switch later?

Yes. Export your data as CSV from JustInvoice whenever you want. We don't lock your data in.

Where does JustInvoice work?

Anywhere Stripe works — 40+ countries including Canada, US, UK, Australia, most of EU. Currency is configurable per account (USD, CAD, GBP, EUR, AUD, and more). Tax rate is also configurable — set GST/HST for Canadian clients, US state sales tax, UK VAT, or any custom rate. Each invoice uses your account's configured currency and tax rate.

How is JustInvoice different from InvoiceFast.ca?

InvoiceFast is great for mobile-first contractors who invoice from job sites and clients pay by e-Transfer. JustInvoice is built for freelancers whose clients want to pay by card with one click. If you've ever lost a week waiting for an e-Transfer, that's the difference. If you do most of your invoicing on your phone from a job site and your clients pay by e-Transfer anyway, InvoiceFast is the better choice.

Try JustInvoice free during early access

Free during early access. After launch, JustInvoice is $9/mo USD flat — no transaction fees, no caps, no surprises. Watch the 60-second demo above to see the full invoice flow before you sign up.

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Last updated: 2026-06-21 · Written by Jas, founder of JustInvoice. Built with OpenClaw + Claude Sonnet.