Comparison · fact-checked 2026-07-12
Inbill vs Wave
Choose Wave if you are opening a new account in the US or Canada and want unlimited invoicing plus bookkeeping. Choose Inbill if you invoice internationally and want AI drafting, 47 currencies, seven PDF formats, and a focused invoice workflow.
Pick Inbill if
- You work outside the US or Canada.
- You want AI to draft invoices from plain language.
- You need specialised POS, clinic, or editorial PDFs.
- You want a focused invoicing tool instead of a general ledger.
Pick Wave if
- You can open a Wave account in the US or Canada.
- You need full bookkeeping and financial reports.
- Unlimited invoice volume on the free Starter plan is decisive.
- You want Wave Payments inside the same product.
Feature-by-feature
| Decision point | Inbill | Wave |
|---|---|---|
| Free invoice allowance | 5 per month | Unlimited on Starter |
| New-account availability | International; 47 invoice currencies | United States and Canada |
| AI invoice drafting | Included | Not listed on Wave invoicing plans |
| Full accounting ledger | No | Included |
| Specialised PDF formats | POS, clinic, and editorial on Pro | Standard invoice templates |
| Hosted invoice link | Included | Included |
| Recurring invoices | Pro | Pro |
| Paid plan | $5/month | $19 USD/month for Wave Pro |
| Payment processing | Add your own payment instructions | Wave Payments; transaction fees apply |
Honest verdict
Wave is the stronger accounting product and its free invoice volume is more generous. For eligible US and Canadian businesses that need bookkeeping, that is a real advantage.
Inbill is the more direct fit for international freelancers who primarily need to create, share, and track polished invoices. Its advantage is not “more accounting”; it is less accounting overhead, AI-assisted entry, broader invoice-currency support, and specialised documents.
Sources checked
Competitor facts come from their own current product or help pages.