Kanakku vs Wave (2026): pricing and features compared

Kanakku vs Wave

Wave is popular with freelancers and very small businesses because its Starter plan is free with no time limit. It is built for the US and Canada and uses one currency per business. Kanakku works in many currencies and tax regimes and has a deeper accounting scope. Here is the comparison.

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Prices and features checked on 7 November 2026.

Choose Wave if…

you are a solo business in the US or Canada, want free invoicing and bookkeeping, and need mobile receipt scanning or automatic bank import.

Choose Kanakku if…

you bill in more than one currency, need VAT or GST support, want inventory and purchases, or have a team.

Side by side

Capability		Wave
Free plan	Free plan: 1 user, 10 invoices a month	Starter plan, free with no time limit
Cheapest paid plan	Pro $8.99/month ($90.09/year), up to 10 users	Pro: $19/month or $190/year
Card payment fees	Set by your own Stripe or Razorpay account	2.9% + $0.60 per card on Starter (their pricing page)
Multi-currency	Included in Pro	No: one currency per business, USD or CAD
Countries	Full tax packs: India, UK, EU, US, Australia, New Zealand; single-rate packs for 5 more countries	US and Canada
Payroll	Included in Pro	From $25/month (US and Canada)
Purchase orders and budgets	Yes	Not seen on their pages
Inventory	Yes, with stock costing layers	Not seen on their pages
Automatic bank import	Statement import and reconciliation; no live bank feeds yet	Pro plan only
Mobile apps	Responsive web app; no native cloud app yet	iOS and Android
Public API	API docs inside the app; no public developer portal yet	Yes (developer.waveapps.com)
Accountant access	Invite an accountant as a regular user	Wave Advisors, a paid service from $149/month
Self-host option	Yes (full source on CodeCanyon)	—

Comparison provided in good faith for information, from Wave's public pages on 7 November 2026. Plans and prices change, so check Wave's own pages before you decide. Wave is a trademark of its owner. See something out of date? Tell us.

Where Wave is stronger

A straight answer, so you can choose well.

A Starter plan that is free with no time limit: unlimited invoices, bills and bookkeeping records.
Automatic bank import on the Pro plan, and a mobile app with receipt capture.
Payroll with tax filing in US states and in Canada outside Quebec.
A bookkeeping service, Wave Advisors, from $149 a month.
A public developer API.

Where Kanakku is different

Wave uses one currency per business, USD or CAD, fixed once set. Kanakku includes multi-currency in Pro.
Wave supports the US and Canada. Kanakku has full tax packs for India GST, the UK, the EU, the US, Australia and New Zealand.
Kanakku Pro includes payroll, reconciliation and inventory for $8.99 a month, against Wave Pro at $19 a month with payroll from $25 a month extra.
Purchase orders, budgets, projects, fixed assets and a double-entry ledger with journals are part of Kanakku.

Frequently asked questions

Is Kanakku cheaper than Wave?

Wave Starter is free, so for basic invoicing it is cheaper. Wave Pro is $19 a month, against $8.99 for Kanakku Pro, and Wave charges extra for payroll and has no multi-currency. Kanakku also has a Free plan, limited to 1 user and 10 invoices a month.

Does Kanakku have automatic bank import like Wave Pro?

Not yet. Kanakku imports statements for reconciliation but does not pull transactions automatically. If that matters and you are in the US or Canada, Wave Pro is the better fit.

Can I try Kanakku before moving over?

Yes. The Free plan needs no card, Pro has a 14-day trial, and there is a live demo workspace you can open without signing up.

Sources

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