Wave vs Xero
Verdict
Both Wave and Xero are strong choices. Xero edges ahead on overall rating, but the right pick depends on your budget and use case.
Feature & pricing comparison
| Comparison | ||
|---|---|---|
| Rating | 4.3 | 4.4 |
| Starting price | Free | $20/mo |
| Pricing model | Freemium | Paid |
| API available | ||
| Best for | Micro-businesses & freelancers | Small businesses & startups |
| Free accounting | ||
| Unlimited invoicing | ||
| Receipt scanning | ||
| Paid payments add-on | ||
| Payroll add-on | ||
| Unlimited users | ||
| Bank reconciliation | ||
| Invoicing | ||
| 1000+ app integrations | ||
| Financial reports | ||
| Visit | Visit |
Which should you choose?
Pick Wave if you prioritize Micro-businesses & freelancers
Pick Xero if you prioritize Small businesses & startups
Wave
Pros
- Core features free
- Easy for beginners
- Good invoicing
Cons
- Limited integrations
- Support paid
Xero
Pros
- Unlimited users
- Clean modern UI
- Great app ecosystem
Cons
- Entry plan caps invoices
- US payroll via partners
Frequently asked questions
Is Wave better than Xero?+
Both Wave and Xero are strong choices. Xero edges ahead on overall rating, but the right pick depends on your budget and use case.
Which is cheaper, Wave or Xero?+
Wave starts at Free, while Xero starts at $20/mo.