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Wave vs Xero

Features, integrations, platforms and pricing, side by side. They share 6 features.

Facts come from each app’s listing. Payment never changes this comparison.

Wave

Finance

Free invoicing and accounting for small businesses

Free plan

View Wave profileWave alternativesVisit site (opens in a new tab)

Xero

Finance

Online accounting for small businesses

From $25/mo

View Xero profileXero alternativesVisit site (opens in a new tab)

Side by side

Pricing

  • Model

    Wave
    Free plan + paid plans
    Xero
    Paid

  • Paid plans from

    Wave
    $16 / month
    Xero
    $25 / month

  • Free plan

    Wave
    Yes
    Xero
    No

  • Plans

    Wave
    Free Starter plan; Pro from $16/month; payments and payroll priced separately
    Xero
    From $25/month (Early plan); Growing and Established plans; free trial

Platforms

3 shared

  • Android

    Wave
    Yes
    Xero
    Yes

  • iOS

    Wave
    Yes
    Xero
    Yes

  • Web

    Wave
    Yes
    Xero
    Yes

Features

6 shared · 2 only in Xero

  • Bookkeeping & accounting

    Wave
    Yes
    Xero
    Yes

  • Expense tracking

    Wave
    Yes
    Xero
    Yes

  • Invoicing

    Wave
    Yes
    Xero
    Yes

  • Online payments

    Wave
    Yes
    Xero
    Yes

  • Payroll

    Wave
    Yes
    Xero
    Yes

  • Tax reports

    Wave
    Yes
    Xero
    Yes

  • Multi-currency

    Wave
    No
    Xero
    Yes

  • Reporting dashboards

    Wave
    No
    Xero
    Yes

Integrations

1 shared · 1 only in Wave · 3 only in Xero

  • PayPal

    Wave
    Yes
    Xero
    Yes

  • Zapier

    Wave
    Yes
    Xero
    No

  • HubSpot

    Wave
    No
    Xero
    Yes

  • Shopify

    Wave
    No
    Xero
    Yes

  • Stripe

    Wave
    No
    Xero
    Yes

More comparisons

Ranked by relevance. Payment never changes this order.How ranking works