Experi publishes this comparison and sells Experi Pro. Every option below links to an official pricing or plan page.
Quick answer
Choose by the job you need done
Wave says it ended product and customer support outside the US and Canada. Existing UK users can still create documents and manual bookkeeping records, but cannot send invoices or reminders through Wave, and Wave does not guarantee compliance outside its supported regions. For invoicing, compare Experi or Zoho Invoice. For bookkeeping, bank feeds and tax workflows, compare Pandle, FreeAgent, Xero or QuickBooks.
Wave accounting alternatives at a glance
If you need
Focused UK quotes, invoices and payment chasing
Compare: Experi
Free for up to 5 invoices total, or £9/month for Pro. It does not replace bookkeeping or tax-filing software.
If you need
A free invoicing app with a larger allowance
Compare: Zoho Invoice
Zoho publishes a free UK plan for up to 500 invoices per year, two users and three projects, with Zoho branding.
If you need
Low-cost UK bookkeeping and MTD features
Compare: Pandle
Pandle publishes a free plan and a £5/month plus VAT Pro plan with added automation such as bank feeds and receipt uploads.
If you need
Broader accounting, bank feeds and tax workflows
Compare: FreeAgent, Xero or QuickBooks
These are accounting suites rather than invoicing-only tools. Compare current plan limits, your business type and your accountant's preferred workflow.
When it makes sense to compare Wave alternatives
Your business is based in the UK, where Wave says product and customer support has ended.
You need to send invoices or reminders inside the product rather than download a PDF or share a link.
You need a provider that publishes UK bookkeeping, bank-feed or Making Tax Digital support.
You want a supported migration path before Wave changes access for existing accounts.
Compare 6 Wave alternatives
Experi
Focused invoicing
Sole traders and microbusinesses that mainly need invoicing
Free: 5 invoices total · Pro: £9/month
A focused UK invoicing service for quotes, invoices, payment status and, on Pro, scheduled reminders. Choose it only if you do not need Wave's bookkeeping ledger replaced.
Quotes, invoices and payment tracking in one focused workflow
UK VAT, CIS and reverse-charge calculations to review
Automated payment reminders on Pro
Free invoice generator available without an account
Check before choosing
Not bookkeeping, accounting or tax-filing software
Connected read-only bank feeds are limited to eligible Pro workspaces; no payroll
Free invoice allowance is a lifetime cap, not monthly
Pandle
Low-cost accounting
UK microbusinesses wanting low-cost bookkeeping
Free · Pro £5/month + VAT
UK bookkeeping and accounting software with a permanent free plan and a low-cost Pro tier. It is a closer Wave replacement than an invoicing-only service.
Pro adds bank feeds, receipt uploads and more automation
Check before choosing
Some time-saving features require Pro
Broader bookkeeping setup than an invoicing-only tool
Check the exact MTD workflow and eligibility for your business
Zoho Invoice
Free invoicing
Businesses wanting a larger free invoicing allowance
Free · up to 500 invoices/year
A free invoicing product with UK VAT invoice support, quotes, recurring invoices, time tracking and a customer portal. It is not a full bookkeeping replacement for Wave.
Quotes, recurring invoices, projects and time tracking
VAT invoice support and customer portal
Check before choosing
Limited to two users and three projects
Zoho branding appears on the free product
Does not replace a bookkeeping ledger or UK tax filing workflow
FreeAgent
UK tax workflows
UK businesses wanting accounting and tax workflows together
Check pricing for your business type
UK accounting software with plans for sole traders, partnerships, limited companies and landlords. It combines invoicing with bank feeds, expenses and tax workflows.
A full accounting setup rather than a focused invoice tool
Plan scope and promotional prices change
Check user, feature and add-on limits before choosing
When staying with Wave may be better
Your business is based in the US or Canada and Wave's supported plans fit your accounting workflow.
You have an existing UK account, only need manual records and downloadable documents, and accept that support and compliance are not guaranteed.
You need time to export and reconcile historical records before moving; keep the old account available until the replacement balances are checked.
Inside Experi
See the invoice workflow before choosing
Experi keeps the customer, line items, totals, payment status and follow-up actions together. It is deliberately narrower than the accounting suites in this comparison.
Keep the complete invoice history together. Open one invoice to review what was sent, its totals and payment status, then use the available document and follow-up actions.
Need invoicing rather than a full accounting system?
Experi is not accounting software and does not file tax returns. If you only need quotes, invoices, payment tracking and reminders, test it with up to five invoices total on Free or use Pro for £9/month.
Wave says existing accounts outside the US and Canada remain active for now. Existing users can create documents and manual bookkeeping records, but cannot send invoices or reminders through Wave. Wave also says compliance is not guaranteed outside its supported regions and account access may change in future.
What is the best Wave Accounting alternative in the UK?
Choose by scope. Pandle, FreeAgent, Xero and QuickBooks are accounting options. Experi is a focused option for quotes, invoices, payment tracking and reminders, but is not bookkeeping or tax-filing software. Zoho Invoice is a free invoicing alternative with a larger annual allowance.
Is there a free Wave alternative for UK businesses?
Yes. Pandle publishes a free bookkeeping plan, and Zoho Invoice publishes a free invoicing product with up to 500 invoices a year. Experi Free covers up to five invoices total and three clients; its no-account invoice generator can also create and download a reviewed PDF.
Can Experi replace Wave Accounting?
Only for an invoicing-led workflow. Experi handles quotes, invoices, payment status and reminders. Eligible Pro workspaces can use gated, read-only connected bank feeds, but Experi is not a bookkeeping ledger and does not file VAT or Making Tax Digital returns.
How should I move away from Wave?
Export and retain the records available to you, choose the replacement by workflow, and test it with a small set of real but non-sensitive records. Reconcile opening balances and tax history before relying on the new system, and check the migration with your accountant before cancelling or abandoning the old account.