Hnry and Wave tie across most categories (11 tied features). Below is the full feature-by-feature breakdown.
| Feature | Hnry | Wave |
|---|---|---|
| Free plan |
✗ No
|
✓ Yes
|
| Entry paid plan |
— Paid add-on
1% of income, capped at AU$1,500/year
|
✓ Yes
Pro Plan US$16/mo (about AU$25)
|
| Download PDF without signup |
✗ No
|
✗ No
Requires signup to generate invoices
|
| Feature | Hnry | Wave |
|---|---|---|
| Unlimited invoices |
✓ Yes
|
✓ Yes
|
| Custom logo & branding |
— Limited
Logo only — limited template control
|
✓ Yes
|
| Recurring invoices |
✓ Yes
|
✓ Yes
|
| Email invoices to clients |
✓ Yes
|
✓ Yes
|
| Multi-currency |
— Limited
|
✓ Yes
|
| Client management |
✓ Yes
|
✓ Yes
|
| Feature | Hnry | Wave |
|---|---|---|
| ATO-compliant GST invoices |
✓ Yes
GST registered and managed on your behalf
|
— Limited
No automatic ATO Tax Invoice wording
|
| ABN field built in |
✓ Yes
|
✗ No
Manual workaround needed
|
| Australian-focused support |
✓ Yes
|
✗ No
No AU-based support
|
| Feature | Hnry | Wave |
|---|---|---|
| Bank reconciliation |
✓ Yes
Built into the Hnry bank account
|
— Limited
AU bank feeds are limited
|
| Expense tracking |
✓ Yes
|
✓ Yes
|
| Payroll |
✗ No
You are the contractor — no employee payroll
|
✗ No
US/Canada only
|
| Inventory tracking |
✗ No
|
✗ No
|
| Feature | Hnry | Wave |
|---|---|---|
| Stripe payments |
— Limited
|
— Limited
Wave Payments only — no direct Stripe integration
|
| Mobile app |
✓ Yes
|
✓ Yes
|
| Feature | Hnry | Wave |
|---|---|---|
| Setup time |
— Limited
KYC and bank-account setup, ~30 min
|
— Limited
~10 min signup + business setup
|
Neither tool fits your invoicing-only workflow? Try InvoiceSonic — free for unlimited ATO-compliant tax invoices, no signup required.
Create a free invoice now →Hnry starts at 1% of income (capped at AU$1,500/yr); Wave starts at Free (Pro Plan US$16/mo). Hnry has no genuine free plan. Wave offers free forever.
For ATO-compliant GST: Hnry = yes, Wave = limited. For native ABN field: Hnry = yes, Wave = no. If you operate in Australia and either tool falls short here, InvoiceSonic handles both natively — and it's free.
Most freelancers want fast invoicing without paying for full accounting. Between these two, Wave wins more categories overall. But if you're a freelancer who just wants ATO-compliant tax invoices for free, InvoiceSonic is purpose-built for that workflow.
Both Hnry and Wave let you export client lists and invoice history (usually as CSV). Migration takes an afternoon for most small businesses. If you're considering switching anyway, it might be worth evaluating InvoiceSonic as a free alternative for invoicing while keeping your accountant's tool of choice for bookkeeping.
Both tools are accounting-first platforms; their invoicing modules are a subset of what they do. If invoicing is your only need, a free dedicated invoice generator like InvoiceSonic is usually faster, cheaper, and more focused — without paying for bookkeeping, payroll, or inventory features you won't use.
Yes — InvoiceSonic is free for unlimited Australian-compliant invoices with no signup required for PDF download. You can run it alongside or instead of paid accounting platforms.