Comparison
Mavoin vs Wave
Wave is a great free tool — for the US and Canada. Its accounting and invoicing don't cover Indian GST, which is exactly what an Indian freelancer needs. Mavoin is built for India first, with multi-currency for the foreign clients you also bill.
Mavoin
Indian freelancers & solo founders
GST-correct India invoices, multi-currency foreign invoices and INR books — priced for one person.
Wave
Non-India freelancers
Free invoicing and accounting popular with US and Canadian freelancers.
Feature comparison
The capabilities that matter most when you bill India and the world.
| Feature | Mavoin₹199–₹299/mo · Indian freelancers & solo founders | WaveFree (limited) · Non-India freelancers |
|---|---|---|
| GST tax invoices for India (CGST/SGST, IGST, SAC/HSN) | Yes | NoNo Indian GST support. |
| Multi-currency invoices (USD / EUR / GBP) | Yes | Yes |
| INR books with FX captured on the invoice date | Yes | NoNo INR/GST bookkeeping model. |
| Export / LUT zero-rated handling | Yes | No |
| Made for India-based businesses | Yes | NoDesigned for US/Canada tax regimes. |
| Free tier | No | YesWave's core appeal — 30-day trial on Mavoin. |
When Wave is the better pick
- You're taxed in the US or Canada and don't need Indian GST.
- You want free invoicing plus basic accounting in one place.
- Your clients and compliance are entirely outside India.
- Simple, no-cost bookkeeping matters more than local tax features.
When Mavoin is the better pick
- You need GST-correct tax invoices with GSTIN, place of supply and SAC/HSN.
- You want INR books with FX captured on the invoice date.
- You bill both Indian and foreign clients from one tool.
- You want a product that understands Indian export/LUT rules.
The verdict
Wave is a strong free choice for US and Canadian freelancers. For anyone filing GST in India, Mavoin is the better fit — real GST invoices, INR books and multi-currency billing, built for India.
Mavoin vs Wave — FAQ
Can Wave create Indian GST invoices?+
Wave is built for US/Canada tax regimes and doesn't produce Indian GST tax invoices with GSTIN, place of supply and SAC/HSN. If you file GST in India, that's a hard requirement Mavoin is designed around.
Does Mavoin have a free plan like Wave?+
Mavoin offers a full 30-day trial rather than a free-forever plan, then ₹199–₹299/mo. The trade-off is honest, India-first pricing instead of a free tool that can't handle GST.
I bill only foreign clients — do I still need GST features?+
Often yes: exporting services from India still involves GST treatment (LUT / zero-rated or IGST). Mavoin handles that on the invoice; a non-India tool like Wave leaves it to you.
Compare Mavoin with other tools
Pricing reflects publicly listed plans and can change — verify current pricing on each provider's site. This comparison describes typical fit for a solo Indian freelancer and is not legal or tax advice; verify GST specifics with your CA.