SoloBid vs Wave

Free, but it's a bookkeeper's tool — not a contractor's.

Wave is genuinely free accounting and invoicing software aimed at freelancers and micro-businesses doing their own books. The price is unbeatable — but it's built around bookkeeping at a desk, not quoting and closing jobs in the field, and it has none of the trade-specific tooling contractors rely on.

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Why solo contractors switch from Wave

Wave is built for freelancers and micro-businesses doing their own bookkeeping. If you're a one-person shop, here's what that means:

It's built for bookkeeping, not for quoting a job in a customer's driveway.

No trade templates and no price book — every quote starts from a blank page.

There's no quote → sign → deposit → invoice flow designed around real jobs.

It's a general accounting tool you'd hand your accountant, not a field tool for your phone.

Feature comparison

Side by side — what you actually get.

Monthly cost

SoloBid

$19.99/month flat

Wave

Free / $19 Pro

Card payment fee

SoloBid

Stripe standard rates

Wave

2.9% + $0.60 per charge

Built for

SoloBid

Trade contractors

Wave

Bookkeeping

Trade templates

SoloBid

Yes

Wave

No

Price book (materials + labor)

SoloBid

Yes

Wave

No

Quote → sign → deposit → invoice flow

SoloBid

Built for it

Wave

No

Quote on-site from phone

SoloBid

Built for it

Wave

Basic

E-signatures

SoloBid

Yes

Wave

No

SMS invoice sending

SoloBid

Yes

Wave

No

Recurring invoices

SoloBid

Yes

Wave

Yes

Full accounting & bookkeeping

SoloBid

No (use with accountant)

Wave

Yes

Best for

SoloBid

Solo trade contractors

Wave

DIY bookkeeping

The honest breakdown

We're not trying to replace Wave. If you run a big operation, use Wave. But if you're a solo contractor, here's why SoloBid makes more sense.

Wave has, you don't need

Great features — for companies with employees.

  • It's free (payment processing fees still apply)
  • Full double-entry accounting & bookkeeping
  • Bank connections and transaction imports
  • Receipt scanning and expense tracking
  • Payroll (paid add-on)

SoloBid gives you what matters

Built for the one-person shop.

  • Built for trades — quoting and getting paid on the job, not bookkeeping
  • Trade templates for HVAC, plumbing, electrical, and more
  • Price book with saved materials and labor rates
  • On-site quoting from your phone with e-signatures and deposits
  • SMS invoice sending and recurring maintenance-plan billing

Simple pricing

Wave: Free Starter plan (unlimited invoices) + Pro at $19/month; payment fees 2.9% + $0.60 per card charge.
SoloBid: $19.99/month. Everything included.

Pro

$19.99/month

or $149/year (save 37%)

  • Unlimited quotes & invoices
  • Unlimited customers
  • E-signatures
  • PDF generation
  • Online payments via Stripe
  • SMS & email sending
  • Price book & trade templates
  • Recurring invoices
  • Reports & analytics
  • Overdue reminders
  • CSV data export
  • Works on phone, tablet & desktop
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14-day free trial · No credit card required

You don't need Wave.
You need to get paid.

Quote it. Send it. Get paid. That's it. Start your free trial and see why solo contractors are switching to SoloBid.

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