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Side-by-Side Comparison

WavevsXero

Product A

Wave

by Wave Financial

Completely free accounting and invoicing for freelancers and micro-businesses.

Free tier
Visit Wave
Product B

Xero

by Xero Limited

Cloud accounting built for growing businesses with strong UK and AU support.

$29mo
Visit Xero

Side-by-Side Comparison

FeatureWaveXero
Price
FreeBetter
$29mo
Free TierYesNo
Top ProsCore accounting and invoicing is genuinely freeUnlimited users on every plan
Double-entry accounting includedStrong multi-currency (Premium)
Receipt scanning included1,000+ app integrations
Top ConsSupport limited on free planPayroll limited to certain countries
Payroll only available in US and CanadaStarter plan caps invoices and bills
Choose Wave if you…
  • Want: core accounting and invoicing is genuinely free
  • Want: double-entry accounting included
  • Want: receipt scanning included
Try Wave
Choose Xero if you…
  • Want: unlimited users on every plan
  • Want: strong multi-currency (premium)
  • Want: 1,000+ app integrations
Try Xero