⚡ Quick Verdict:
- Pricing: Wave starts free, with a paid pro plan at $19/month. Easy Month End plans start at $45/month.
- Best for: Wave suits small business owners who need day-to-day accounting. Easy Month End suits a finance team running a month end close.
- Key difference: Wave is small business accounting software. Easy Month End is workflow management for the month end process.
- Our pick: Wave for most users, thanks to its free plan and full accounting features. Pick Easy Month End if the close is your pain point.
These two tools solve different problems.
Wave is free accounting software for small business owners.
Easy Month End is a tool built for the month end close.
One tracks your money. The other tracks your tasks.
This guide shows which one your work actually needs.
Overview
This Easy Month End vs Wave comparison covers pricing, features, and who each tool fits.
Our sources include published specs, documentation, and G2 reviews.
Our writer also spent hands-on time inside both platforms.
By the end, you will know which tool your team works better with.
What is Wave?
Wave is free small business accounting software.
It helps small business owners manage money in one place.
You can send unlimited invoices and track expenses for free.
Wave Accounting supports over 2 million small businesses today.
Most people pick it for the free plan and simple invoicing.
Wave
Free accounting software for freelancers and small business owners. Send unlimited invoices, track expenses, and accept online payments.
Wave Pricing
Here is what Wave costs in 2026. Wave offers two plans.
| Plan | Price | Best For |
|---|---|---|
| Starter Plan | $0 | Freelancers and simple bookkeeping records |
| Pro plan | $19/month | Owners who want auto import bank transactions |
Pricing verified July 2026.
Free trial: Not needed. The free starter plan is available with no card required.
Money-back guarantee: None listed. You can cancel the paid pro plan any time.
📌 Note: The Pro plan runs $19/month or a discounted rate of $190 per year. It adds auto merge of bank feeds and unlimited digital receipt capture.
⚠️ Warning: Payment processing costs extra. Wave charges 2.9% + $0.60 per credit card transaction and 1% per bank transaction. Wave payroll adds $40/month plus $6 per active employee.
Key Benefits of Wave
Here is what makes Wave worth a look:
- Free Plan: The free version covers unlimited invoices, expense tracking, and financial reports. No monthly fee for core accounting.
- Unlimited Users: Wave allows unlimited users at no cost. That helps small business owners share access without a per-seat charge.
- Invoicing Software: Send recurring invoices and set automated payment reminders. Wave makes recurring billing simple.
- Online Payments: Accept online payments by credit card, bank payments, and Apple Pay. Funds arrive in a few business days.
- Bank Accounts: Connect bank accounts so transactions sync automatically. The paid pro plan pulls in bank transactions for you.
- Payroll and Tax: Wave payroll handles direct deposit and tax filing. It pays employees and gets an independent contractor paid too.
What Our Team Noticed
Our writer signed up for Wave and used it for real invoicing. Here is what stood out from that hands-on time:
The clip below shows the same walk-through in the app.
Wave Pros & Cons
✅ Pros
- Free plan with unlimited invoices and multiple users
- Clean dashboard for cash flow, income, and expenses
- Manage accounting for multiple companies in one login
- Mobile app for receipt scanning on the go
❌ Cons
- Slow support and a limited help center on the free version
- Some users report bank sync errors and payout delays
- No built-in time tracking or inventory advanced features
What is Easy Month End?
Easy Month End is a cloud platform for the month end close.
It helps a finance team manage every month end close process.
You keep month end, quarter end, and year end checklists in one tool.
It captures all your reconciliations and audit evidence together.
Teams pick it for a smoother month end close and easier life.
Easy Month End
A single platform for month end close, balance sheet reconciliation, and audit evidence. Built so your finance team deserves fewer late nights.
Easy Month End Pricing
Here is what Easy Month End costs in 2026. Let us break it down.
| Plan | Price | Best For |
|---|---|---|
| Small | $45/mo | A small finance team with one entity |
| Company | $89/mo | Teams that handle month end for more accounts |
| Enterprise | Contact For pricing | Many entities and expanded team management |
Pricing verified July 2026.
Free trial: A demo is available. You can book a walk-through before your first month end.
Money-back guarantee: None listed. You can cancel at your subscription level any time.
📌 Note: The Company plan adds room for more entities and sign offs. It suits a finance team that works across several sets of accounts.
⚠️ Warning: Easy Month End is not accounting software. It does not replace your general ledger. It sits on top to manage the month end close process.
Key Benefits of Easy Month End
Here is what makes Easy Month End worth considering:
- Single Platform: All your reconciliations sit in one tool. It captures month end close tasks in a place your whole team works from.
- Audit Evidence: It stores audit evidence securely for compliance. Auditors get easy access, which helps them collect audit evidence fast.
- Balance Sheets: It drives faster balance sheet reconciliations. Review balance sheets and reconcile with less stress.
- Sign Offs: Built-in sign offs track approvals. Every preparer and reviewer step lands in the audit log with review comments.
- Team Collaboration: Leave comments on any task. Team collaboration replaces the Excel checklist and manual confirmations.
- Group Company Management: Handle month end across multiple companies and entities. It removes the hassle of many spreadsheets.
What Our Team Noticed
Our writer set up a first month end inside the tool. Here is what stood out from that hands-on time:
Easy Month End Pros & Cons
✅ Pros
- Purpose-built for the month end close and quarter end
- Built-in audit log for sign offs and review comments
- Real-time task tracking keeps the finance team on the same page
- Handles multiple entities without extra spreadsheets
❌ Cons
- No free plan, so pricing starts at $45/month
- Not a full ledger, so you still need accounting software
- Narrow use case built only around month end tasks
Feature Comparison
Ready to see Easy Month End vs Wave side by side? These two tools sit at different points in your accounting stack, so we line up nine areas that matter most.
| Feature | Wave | Easy Month End |
|---|---|---|
| Starting Price | $0 (Pro $19/mo) | $45/mo |
| Free Plan | ✅ | ❌ |
| General Ledger | ✅ | ❌ |
| Invoicing Software | ✅ | ❌ |
| Month End Close Workflow | ❌ | ✅ |
| Balance Sheet Reconciliation | Basic | ✅ Advanced |
| Audit Evidence & Sign Offs | ❌ | ✅ |
| Payroll Processing | ✅ (add-on) | ❌ |
| Best For | Small business owners | A finance team |
1. Reconciliation
Wave: Wave matches bank transactions against your books so you can reconcile accounts each month. It flags what does not line up.
Easy Month End: It lets a preparer and reviewer sign off all your reconciliations in one place. Every review lands in the audit log.
2. Balance Sheet Work
Wave: Wave builds a chart of accounts and produces balance sheets from your bookkeeping records. It covers the basics well.
Easy Month End: It drives faster balance sheet reconciliations. You review balance sheets, add review comments, and reconcile as a team.
3. Reporting and Evidence
Wave: Wave generates financial reports like income statements over a set date range. Reporting is simple but not deep.
Easy Month End: It keeps audit-ready documentation for auditors. Uploads and sign offs stay linked, so you collect audit evidence without a scramble.
4. Daily Work vs Task Management
Wave: Wave sends unlimited invoices and recurring invoices with automated payment reminders. This is where the invoicing features shine.
Easy Month End: It turns finance team tasks into a shared checklist. You assign tasks, track progress, and manage the whole month end process.
5. Expenses and Control Testing
Wave: Wave handles expense tracking with digital receipt capture and receipt scanning. Snap a photo and it files the cost.
Easy Month End: It gathers evidence for control testing. Upload contracts and manual confirmations so compliance stays clean at year end.
6. Setup and Checklists
Wave: Wave tracks products and services so billable hours and items flow onto invoices. Setup is quick for a small business.
Easy Month End: Its stress less checklist replaces the ad hoc Excel list. Each task has an owner, a due date, and a clear answer.
7. Tax and Auditor Control
Wave: Wave supports tax filing and gets an independent contractor paid by direct deposit. Wave payroll files W2 and 1099 forms.
Easy Month End: It gives auditors control and tracking. They see who did what and when, which speeds up every audit ticket.
8. Mobile and Real-Time Status
Wave: The Wave mobile app lets you send invoices and scan receipts from your phone. It mirrors the desktop with ease.
Easy Month End: It shows real-time status of the month end close. Everyone sees what is completed and what still needs review.
9. Multi-Entity and Team Management
Wave: Wave handles multiple companies under one login with multi-currency support. Multiple users can access the books for free.
Easy Month End: Its team management covers many entities at once. You handle month end for group companies without the spreadsheet hassle.
10. Pricing & Cost
Let us compare the pricing plans side by side.
| Plan | Wave | Easy Month End |
|---|---|---|
| Free / Starter | $0 | ❌ |
| Entry Paid | $19/month (Pro) | $45/mo (Small) |
| Mid Tier | ❌ | $89/mo (Company) |
| Top Tier | ❌ | Contact For pricing |
Wave: Wave wins on upfront cost. The free plan covers real accounting, and the $19 pro plan adds auto import bank transactions. You only pay more through payment processing and payroll.
Easy Month End: Easy Month End costs more because it is a niche tool. The money buys back hours your finance team spends on manual confirmations each month.
Different Scenarios
| If You Need… | Choose | Why |
|---|---|---|
| Free accounting software | Wave | Free plan, no card |
| Month end close process | Easy Month End | Built for the close |
| Invoicing and payments | Wave | Strong invoicing features |
| Audit evidence and sign offs | Easy Month End | Built-in audit log |
| Beginner-friendly start | Wave | Simple for small business owners |
💰 Your Budget
Wave keeps money in your pocket with a free version. Easy Month End is an added cost that pays back in saved time.
🔌 Your Tech Stack
Wave is your general ledger and books. Easy Month End integrates on top and connects to tools like Outlook and Excel.
📝 Your Workflow
Wave suits day-to-day money management. Easy Month End suits a repeatable month end close and clean workflow management.
🎓 Your Experience Level
Wave is easy for a solo owner with no accounting background. Easy Month End assumes a finance team that knows the close.
🆓 Free Trials and Demos
Wave lets you start free right away. Easy Month End offers a demo before your first month end so you can test the fit.
🛟 Support Options
Wave leans on a help center and chatbot for free users. Easy Month End gives closer support to a smaller, focused base.
Switching Guide
Already using one of these? Here is what to expect if you switch. Note that many teams run both, since they do different jobs.
🔄 Switching from Wave to Easy Month End?
✅ What you’ll gain:
- A single platform for the month end close
- Built-in sign offs and an audit log for compliance
- Team collaboration on every reconciliation
❌ What you’ll lose:
- The free plan and a real general ledger
- Invoicing software and online payments
- Payroll processing and expense tracking
📋 How to switch:
- Keep Wave as your books and general ledger
- Create an Easy Month End account and add your entities
- Import your checklist and connect the review workflow
🔄 Switching from Easy Month End to Wave?
✅ What you’ll gain:
- Free accounting and unlimited invoices
- Bank transactions that sync automatically
- Payroll and tax filing in one place
❌ What you’ll lose:
- The month end close workflow and checklist
- Built-in audit evidence and sign offs
- Faster balance sheet reconciliations as a team
📋 How to switch:
- Export your close tasks and evidence from Easy Month End
- Create a free Wave account and connect bank accounts
- Rebuild your reports and invoicing inside Wave
What Our Review Didn’t Cover
This comparison focused on core use for small business owners and a finance team. We did not test large multi-entity setups in depth or every payroll edge case. Our notes reflect the July 2026 versions, so features may have shifted. If you run 50-plus staff or complex group accounts, your priorities may differ from ours.
Final Verdict
| Category | Winner |
|---|---|
| 💰 Pricing | Wave |
| 🧾 Core Accounting | Wave |
| 📅 Month End Close | Easy Month End |
| ⚖️ Balance Sheet Reconciliation | Easy Month End |
| 👶 Ease of Use | Wave |
| 🛡️ Audit Evidence | Easy Month End |
| 🏆 Overall Winner | Wave |
🏆 WINNER: WAVE
Wave wins as the tool most people will actually use.
Best for: Free accounting, invoicing, small business owners
Wave and Easy Month End are very different products. Wave is free accounting software that runs your books. Easy Month End is workflow management for the month end close.
Wave wins overall because it costs nothing to start and does more for the average user. Easy Month End is excellent, but only if the close is your real pain point.
If you need day-to-day money management, pick Wave. If a slow, messy close is eating your team’s year, Easy Month End earns its price. Many finance teams run both and get the best of each.
More of Wave Compared
Here is how Wave stacks up against other accounting software:
Wave vs QuickBooks
Wave wins on: Free plan, unlimited users, lower payroll cost
QuickBooks wins on: Deeper reports, more integrations, advanced features
Wave vs Xero
Wave wins on: Zero upfront cost, simpler setup, free invoicing software
Xero wins on: Inventory, project tracking, broader app marketplace
Wave vs FreshBooks
Wave wins on: Free version, no per-user fee, multiple companies
FreshBooks wins on: Billable hours, time tracking, client proposals
More of Easy Month End Compared
Here is how Easy Month End stacks up against other tools:
Easy Month End wins on: Close checklist, sign offs, audit evidence storage
Dext wins on: Receipt capture, data extraction, bookkeeping prep
Easy Month End vs Sage
Easy Month End wins on: Month end process focus, task tracking, review comments
Sage wins on: Full ledger, payroll, established accounting suite
Easy Month End vs Zoho Books
Easy Month End wins on: Group company management, preparer sign offs, audit log
Zoho Books wins on: Invoicing, banking, end-to-end accounting features
Frequently Asked Questions
Is Wave really free?
Yes. The starter plan is free for invoicing, expense tracking, and reports. You only pay for payment processing, payroll, or the paid pro plan.
Is Wave as good as QuickBooks?
For simple books, yes. Wave covers core accounting for free. QuickBooks offers deeper reports and more advanced features for growing businesses.
What does Easy Month End do?
It manages the month end close in one place. Your finance team tracks tasks, reconciles accounts, and stores audit evidence with built-in sign offs.
How much does Wave cost?
The starter plan is $0. The pro plan is $19 per month or a discounted rate of $190 per year. Payments and payroll carry separate fees.
Which tool should I choose for month end?
Choose Easy Month End if the close is your problem. Choose Wave if you need free accounting software first. Many teams use both together.
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