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OneBookPlus vs Wave: the Australian all-in-one alternative

Wave gives away free invoicing and accounting, and that's genuinely useful. But its Payments, Payroll and bank feeds are US and Canada only, it bills in USD, and it isn't built for Australian GST or BAS. OneBookPlus is Australian-built and bundles invoicing, CRM, bookings, jobs and accounting in one app, from $0/month.

Key takeaways

5
  • Wave's free Starter plan is genuinely free and generous: unlimited estimates, invoices, bills and double-entry bookkeeping at $0/month (waveapps.com/pricing). Its paid Pro plan is USD $19/month, adding bank-transaction auto-import, discounted card processing, receipt capture and branded invoicing.
  • The catch in Australia is geography: Wave Payments and Wave Payroll are US & Canada only, and automatic bank-connection feeds are restricted outside the US/Canada, Wave's own Help Centre points outside-region users elsewhere. Wave also bills in USD/CAD, not AUD.
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  • Wave is not Australian-tax-native: there's no direct ATO lodgement (you export reports for a BAS agent) and tax handling is generic sales-tax tracking, not AU GST. Its tax-exclusive pricing model is a poor fit for Australia's tax-inclusive consumer pricing (en.wikipedia.org/wiki/Wave_Financial).
  • Wave wins on: a truly free tier with unlimited invoices, a clean double-entry ledger, and zero cost for a North-American sole trader who just needs invoicing and books.
  • OneBookPlus wins on: Australian fit (AUD billing, 10% GST, ABN validation, BAS-ready figures and AU card and BECS payments) and platform breadth (CRM, bookings, jobs, marketing, POS and AI in one subscription, from $0/month).

Free North American books, or an Australian all-in-one

OneBookPlus

From $0/mo. Australian: bookings, invoicing, CRM and accounting on one plan; AI and payroll are add-ons

  • GST invoicing & quoting (10%)
  • ABN validation & BAS-ready figures
  • AI receipt & supplier-invoice scanning
  • In-app payments (Stripe, AU)
  • CRM & contact management
  • Online booking page
  • Job management & pipeline
  • Email marketing & reviews
  • Accounting & P&L reports
  • Basic sales register (full POS $39/mo add-on)
  • AI Companion ($25/mo add-on, free on Growth); AI Receptionist ($79/mo on top)
  • Australian-built & supported

Wave

Free Starter / USD $19/mo Pro. North-America-first accounting

  • Unlimited free invoices & estimates
  • Double-entry bookkeeping & reports
  • Receipt capture (Pro / add-on)
  • AU GST / ABN / BAS lodgement
  • Priced & billed in AUD
  • Wave Payments (US & Canada only)
  • Bank feeds in Australia
  • Wave Payroll (US & Canada only)
  • CRM, bookings, jobs, marketing, POS
  • AI assistant / receptionist

OneBookPlus vs Wave: detailed comparison

Both have a free tier. The honest split is fit and breadth: Wave is free North-American invoicing and books; OneBookPlus is an Australian all-in-one platform.

FeatureOneBookPlusWave
Free plan availableYesYes
Unlimited invoices on the free planNoYes
GST-compliant invoicing (10%)YesNo
ABN validation (Australian Business Register)YesNo
BAS / ATO tax summariesYesNo
Priced & billed in AUDYesNo
In-app online / card paymentsYesNo
Automatic bank-feed importNoNo
Australian payroll (STP Phase 2) lodgementNoNo
Accounting & P&L reportsYesYes
CRM & contact managementYesNo
Online booking pageYesNo
Job management & pipelineYesNo
Email marketing & campaignsYesNo
Google review requestsYesNo
Basic sales register (full POS $39/mo add-on)YesNo
AI Companion ($25/mo add-on, free on Growth); AI Receptionist ($79/mo on top)YesNo
Native iOS appYesYes
Australian-built & supportedYesNo
PriceFrom A$0/moFree / USD $19/mo (Pro)
AUD, inc. GST, all includedBilled in USD; AU features limited

Free North-American accounting vs Australian all-in-one

Here is each dimension an Australian operator checks first, cited against Wave’s own pages and help centre, and honest about where Wave’s free tier genuinely competes.

CategoryFeatureOneBookPlusWave
Free plan$0 plan for invoicing + accountingFree plan (10 invoices/mo, 250 contacts)Free Starter: unlimited invoices + bookkeeping (source: waveapps.com/pricing)
Billing currencyPriced & billed in AUDAUD, inc. GSTUSD / CAD (no AUD billing) (source: waveapps.com/pricing)
GST / BASAU-native 10% GST + BAS-ready figuresBuilt for AU GST + BASGeneric sales-tax tracking; no BAS (source: AU review)
ATO lodgementAustralian tax-office lodgement pathDSPPT-49533 onboardingNo ATO lodgement; export for your agent (source: AU review)
ABNABN validation via the Australian Business RegisterYesNo (source: AU review)
PaymentsIn-app card / online paymentsStripe-powered, AUUS & Canada only (source: waveapps.com/payments)
Bank feedsAutomatic bank-transaction importWithdrawn while we replace the providerRestricted outside US/Canada (source: Wave Help Centre)
Payroll / STPAustralian payroll (STP Phase 2)Payroll add-on; no STP lodgement yetUS & Canada only (source: waveapps.com/payroll)
Accounting depthDouble-entry GL, P&L, balance sheetP&L, balance sheet, GSTDouble-entry accounting + reports (source: waveapps.com/pricing)
CRMFull contact CRM with client timelineYesCustomer list only, not a CRM (source: waveapps.com/pricing)
Online bookingsCustomer-facing booking page + calendarYesNo (source: waveapps.com/pricing)
Job managementQuote to job to invoice pipelineYesNo (source: waveapps.com/pricing)
MarketingEmail campaigns + Google review requestsYesNo (source: waveapps.com/pricing)
POS / retailPoint of sale + menu/order managementYesNo (source: waveapps.com/pricing)
AI featuresBusiness-wide AI assistant + AI ReceptionistAI Companion $25/mo add-on (free on Growth); AI Receptionist $79/mo on topNo (source: waveapps.com/pricing)
Local presenceAustralian-built & AU supportBuilt in AustraliaNorth-America-focused (source: Wave Help Centre)
Data residencyWhere customer data is storedAWS Sydney (ap-southeast-2)North America (source: Wikipedia)
Starting price (AUD, inc. GST)From A$0/moFree / USD $19/mo
Inc. GST · AUD billing · All modules bundledFree Starter or Pro · billed in USD · AU features limited

Not mockups, real product screens

The books the invoices land in

Every competitor row above cites Wave's own page. Our side of the table says the accounting is in the same subscription as the invoicing, so here is the report it produces.

The OneBookPlus Profit and Loss report for FY 2025/2026 showing revenue of $16,347.41 excluding GST with $1,634.74 GST collected beside it, expenses of $4,652.40 with $465.25 GST on purchases, net profit of $11,695.01, a cash or accrual basis toggle, and a month by month revenue, expenses and net table
Profit and Loss inside OneBookPlus Accounting: revenue and expenses ex GST with the GST collected and the GST on purchases sitting next to them, a cash or accrual toggle, and a monthly breakdown. GST / BAS, Balance Sheet and Cash Flow are the next items in the same Reports menu on the left.

Open the same screens yourself

The live demo is a working OneBookPlus account with jobs, bookings, quotes and invoices already in it. Click into the screens above rather than taking the ticks on faith.

Where Wave wins

Unlimited free invoices, and a real double-entry ledger

Wave’s free tier is the real deal, and it has earned its reputation. The free Starter plan lets you send unlimited estimates and invoices, record bills, and keep proper double-entry bookkeeping, all at $0/month, with a clean mobile app and no invoice cap. For a sole trader or freelancer who just needs to invoice and keep books, that is genuinely hard to beat on price. Wave’s ledger is a real double-entry accounting tool, not a toy, and in its home markets the paid layer (bank auto-import, discounted card processing, and payroll) rounds it out nicely. If you operate in the United States or Canada, or you simply want free, no-frills invoicing and a ledger and don’t need Australian payments or BAS, Wave is a legitimately strong, honestly free choice and the switch isn’t urgent.

Where OneBookPlus wins

Three differences that matter in Australia

Built for Australian tax, not retrofitted. Wave does generic sales-tax tracking and has no ATO lodgement, so you export reports and hand them to a BAS agent, and its tax-exclusive pricing model is a poor fit for Australia’s tax-inclusive pricing. OneBookPlus calculates 10% GST automatically, validates ABNs via the Australian Business Register, tracks GST collected and paid, and produces BAS-ready summaries, because it’s an Australian product.

The paid layer runs in Australia. Wave’s most useful features are US and Canada only: Payments and Payroll don’t run in Australia, and bank-connection feeds are restricted outside the US/Canada. OneBookPlus takes in-app payments through Stripe, which Wave cannot do here. Bank feeds are the one place we are no better off: ours are withdrawn while we replace the provider, so spending goes in by photographing the receipt or dragging in the supplier PDF and letting the AI read the supplier, date, GST and total.

One Australian platform, not just a ledger. Wave is invoicing and accounting; it has a customer list, not a CRM, and no bookings, jobs, marketing, POS or AI. OneBookPlus carries a single customer record from the first online booking through the quote, the job, the GST invoice and the BAS line, and adds email campaigns, Google review requests, a point of sale, and an AI Companion that chases unpaid invoices and an AI Receptionist that answers calls, all on one Australian subscription from $0/month.

Why Australian businesses outgrow Wave

The free part stops at the AU border

Wave's free invoicing works anywhere, but Payments, Payroll and bank feeds are US/Canada only, so in Australia you end up bolting on a payment gateway and a BAS workaround. OneBookPlus has card and BECS payments and BAS-ready figures built in, in AUD.

GST and BAS without the export dance

Wave has no ATO lodgement and generic sales-tax tracking, so you export reports and hand them to a BAS agent. OneBookPlus calculates 10% GST, validates ABNs, and gives you BAS-ready figures inside the same app where you invoice.

Billed in dollars that aren't yours

Wave Pro is priced in USD, so your bill drifts with the exchange rate and your reporting mixes currencies. OneBookPlus is priced and billed in AUD inc. GST, with a free plan and paid tiers at $29, $49 and $69/month.

More than a ledger

Wave is invoicing and books. To run a service business you'd still add a CRM, a booking tool, a job manager and a mailer. OneBookPlus bundles CRM, bookings, jobs, marketing, POS and AI with the accounting, one login, one Australian platform.

OneBookPlus vs Wave: your questions answered

Is Wave really free, and how does OneBookPlus compare?

Yes, Wave's free Starter plan is genuinely free, and it's generous: you can send unlimited estimates and invoices, record bills, and keep double-entry bookkeeping at $0/month (see waveapps.com/pricing). Credit where it's due. OneBookPlus also has a $0 plan, but it's capped at 10 invoices a month and 250 contacts. The difference isn't 'free vs paid', both have a free tier. The difference is what each free tier is built for: Wave is North-America-first accounting, while OneBookPlus is an Australian all-in-one platform with bookings, CRM, jobs, marketing and an AI layer included. If all you need is unlimited free invoices and basic books, and you don't need AU payments or BAS, Wave is a legitimately strong free choice.

Does Wave work in Australia?

Partly. You can use Wave's free invoicing and bookkeeping in Australia by setting your country and currency at sign-up. But Wave's revenue-generating features are North-America-only: Wave Payments (card/online payments) is US and Canada only, Wave Payroll is US and Canada only, and automatic bank-connection feeds are restricted outside the US and Canada, Wave's own Help Centre directs users outside those regions elsewhere. Wave also has no ATO lodgement and its tax handling is generic sales-tax tracking, not AU-native GST. So in Australia you get the free invoicing and the ledger, but not the paid layer that makes Wave compelling in North America.

Can OneBookPlus replace Wave for an Australian business?

Yes, and it covers the gaps Wave leaves in Australia. OneBookPlus handles GST-compliant invoicing, expense tracking, profit-and-loss reports and BAS-ready summaries, built for Australian tax from the ground up rather than retrofitted. On top of the accounting you get CRM, online bookings, job management, email marketing, POS, review requests and an AI Companion, plus in-app card and BECS payments that Wave doesn't offer here. Spending goes in by scanning the receipt or supplier invoice, with the AI reading the supplier, date, GST and total. If you've been using Wave for free invoices but reaching for separate tools to take payments or lodge BAS in Australia, OneBookPlus folds all of that into one Australian platform.

Wave is free, so what does OneBookPlus charge for?

Wave's Starter plan is free; its Pro plan is USD $19/month, which adds auto-import and auto-categorisation of bank transactions, discounted card processing, receipt capture, late-payment reminders and branded invoicing (see waveapps.com/pricing). Note that Pro's headline upgrades, bank import and discounted payments, lean on features that are US/Canada-centric, and Wave bills in USD. OneBookPlus is priced and billed in AUD inc. GST: a free plan, then $29/month (Starter), $49/month (Plus) and $69/month (Growth), each bundling invoicing, CRM, bookings, marketing and accounting in one subscription. So the real comparison isn't dollar-for-dollar on the ledger, it's whether you also want bookings, CRM, jobs, marketing, AU payments and BAS in the same price. The AI Receptionist is a $79/mo add-on and it needs the AI Companion ($25/mo, included free on Growth), so budget about $104 a month on top of your plan, or $79/mo on Growth.

Is Wave's sales tax tracking equivalent to Australian GST?

No. Wave supports generic sales-tax tracking, but it isn't tailored to Australian GST, and it offers no direct ATO lodgement, Australian users export reports and hand them to a registered BAS agent or accountant for submission. Wave's tax-exclusive pricing model is also a poor fit for Australia, where consumer pricing is usually tax-inclusive. OneBookPlus calculates 10% GST automatically on invoices and quotes, validates ABNs via the Australian Business Register, tracks GST collected and paid, and produces ATO-ready BAS summaries, because it's an Australian product built for Australian tax compliance.

How does OneBookPlus compare to Wave for an Australian business?

For Australian businesses that liked Wave's free invoicing but hit its limits here, OneBookPlus is the closest all-in-one Australian alternative. Where Wave gives you free invoicing and a ledger but no AU payments, no AU bank feeds, no AU payroll and no BAS, OneBookPlus is Australian-built with GST, ABN and BAS support, in-app payments, receipt and supplier-invoice scanning, and a free plan, plus CRM, bookings, jobs, marketing, POS and AI that Wave doesn't ship at all. Bank feeds are the exception: ours are withdrawn while we replace the provider. If you specifically want a free, no-frills North-American accounting tool and you don't need the AU-specific or all-in-one features, Wave itself is still a fine pick.

Can I import my Wave data into OneBookPlus?

Yes. OneBookPlus imports your customer list via CSV export from Wave during onboarding, so you keep your contacts without re-typing them. Your historical invoices and books stay in Wave as a record, while new invoices, quotes, bookings and payments happen in OneBookPlus. You can export your OneBookPlus data at any time, so you are never locked in.

Can I run Wave and OneBookPlus at the same time while I switch?

Yes, and it is the sensible way to move. Wave's free Starter plan costs nothing to keep open, so most switchers pick a cut-over date (usually the start of a BAS quarter), raise every new quote and invoice in OneBookPlus from that day, and keep Wave as a read-only archive until the last open period is finalised with their accountant. There is no need to migrate historical transactions, and because both tools have a free tier, running the overlap costs nothing. Just avoid issuing invoices from both systems in the same period, which makes the GST figures harder to reconcile.

Wave is free, but free at what, in Australia?

Wave earned its following honestly: a free, real double-entry accounting tool with unlimited invoicing is rare, and for a North-American sole trader it's an easy yes. The question for an Australian business isn't whether Wave is cheap (it is) but whether “free invoicing and a ledger” is the whole job. Here, Wave's revenue features (Payments, Payroll, bank feeds) are US/Canada only, billing is in USD, and there's no BAS or ATO path. The free part you can use; the part that closes the loop you mostly can't.

OneBookPlus is also free to start, but it's built the other way around: Australian tax first, then the rest of the business on top. GST is calculated automatically, ABNs validate against the Australian Business Register, BAS figures are ready when the quarter closes, and payments run through Stripe. Then bookings, CRM, jobs, marketing, POS and AI sit in the same app, so a quote becomes a job, the job becomes a GST invoice, the payment clears that invoice, and the GST lands in your BAS, with no exports and no second tool.

Feature deep dive

  • Australian payments and receipt capture: OneBookPlus takes in-app card and BECS payments through Stripe, and the payment records against the invoice and clears the receivable. Spending goes in from the document: photograph the receipt or drag in the supplier PDF and the AI reads the supplier, date, GST and total for you to confirm. Wave's Payments product doesn't operate in Australia, so the getting-paid half of this is the part Wave can't close here.
  • GST, ABN and BAS built in: Every invoice and quote calculates 10% GST, ABNs validate against the Australian Business Register, and GST collected and paid roll up into a BAS-ready summary. Wave offers generic sales-tax tracking and no ATO lodgement, so Australian Wave users export reports and rely on a BAS agent to file.
  • A platform, not just books: During onboarding you tell OneBookPlus your business type and the dashboard adapts: a tradie sees Jobs, Pipeline and Quotes; a salon sees Bookings, Services and Reviews; a cafe gets POS, Menu and Kitchen Display. Wave is a customer list plus a ledger, with no booking page, CRM timeline, job pipeline, marketing or POS to adapt.

Who should switch from Wave

  • Australian businesses using Wave for free invoices but stuck on the rest: if you're reaching for a separate payment gateway or a BAS workaround, OneBookPlus folds those into one Australian app.
  • Service businesses that need bookings or jobs, not just a ledger: Wave doesn't do bookings or job management. OneBookPlus runs the whole quote-to-job-to-invoice pipeline with a customer-facing booking page.
  • Anyone who wants AUD billing and AU support: start free with OneBookPlus, priced in Australian dollars, instead of a USD subscription tuned for North America.
  • When Wave might still be better: if you operate in the US or Canada, or you only need free invoicing and a clean ledger with no Australian payments, payroll or BAS, Wave's genuinely free tier is hard to beat and there's no reason to switch.

Getting started

Switching takes minutes. Sign up free at onebookplus.com.au, choose your business type during onboarding, and import your customer list via CSV export from Wave. Your existing invoices and books stay in Wave for historical records. New invoices, quotes, bookings and payments happen in OneBookPlus from day one, and this quarter's receipts and supplier invoices can be scanned in as they arrive.

How to switch from Wave to OneBookPlus

1

Export your customers from Wave

In Wave, export your customer list as a CSV and import it straight into OneBookPlus: names, emails, phone numbers and addresses map across into proper CRM records (not just a customer list), each ready for bookings, quotes and invoices. Your Wave file stays intact as a historical record.

2

Set your GST defaults and turn on payments

Set your ABN, 10% GST defaults and BAS quarter so every new invoice is ATO-compliant and feeds your BAS summary automatically. Turn on Stripe to take card and BECS payments in AUD, something Wave can't do here. Then start putting spending in by scanning receipts and supplier invoices.

3

Start new invoices in OneBookPlus, keep Wave as the archive

Pick a cut-over date (usually the start of a BAS quarter) and raise all new quotes, bookings and invoices in OneBookPlus from that day. There's no need to migrate historical transactions; keep your free Wave account as a read-only archive until your last open BAS period is lodged. You can export your OneBookPlus data at any time, so you are never locked in.

Keep the free start, and get
the Australian half Wave can't give you

GST, BAS, AU payments, bookings, CRM and jobs, in one Australian app, from $0/month.

Free plan available, no card needed.

About this comparison

How we compared OneBookPlus to Wave

Feature claims about OneBookPlus reflect what is shipping today on onebookplus.com.au. Wave pricing and feature claims were read off Wave’s public Australian product pages on . Vendor pricing changes frequently, so check the Wave website for your specific situation before making a decision.

Disclosure: OneBookPlus publishes this comparison and stands to benefit if you switch. We aim to compare like-for-like on capability and Australian tax compliance, if you spot something out of date, email hello@onebookplus.com.au and we’ll review it.

About the author

Bishal Shrestha, Founder of OneBookPlus

Bishal Shrestha

Founder & CEO, OneBookPlus

Bishal spent a decade running digital projects for Australian small businesses before founding OneBookPlus. He writes and maintains these pages, and publishes what OneBookPlus does not do alongside what it does.

A decade running digital projectsPersonal site: bishal.com.auMelbourne, Australia
Read the founder bio

How this page was researched

Every Wave price and capability claim on this page was read off Wave's own published Australian pages on the date printed above, and recorded in competitor-facts.ts with that date. Claims about OneBookPlus describe what ships today, and the page names what we do not do.

Last reviewed and updated: by Bishal Shrestha