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Wave vs Xero

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Wave
66
63
+ 1
2
Xero
220
159
+ 1
4
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Xero vs Wave: What are the differences?

What is Xero? Beautiful accounting software - online, simple, smart & magical. Inventory, invoicing, time tracking, expenses, and hundreds of other apps all seamlessly integrate with Xero to save your business precious time and money.

What is Wave? The better way to make, move and manage your money. It is a free, online software alternative to Quickbooks. Wave helps manage invoices, credit card payments, accounting & payroll. Best for small businesses & freelancers.

Xero and Wave can be categorized as "Accounting" tools.

Some of the features offered by Xero are:

  • Online accounting
  • Automatic bank reconciliation
  • Dashboard

On the other hand, Wave provides the following key features:

  • Billing and Invoicing
  • Real double entry accounting
  • Investment tracking
Decisions about Wave and Xero
Dale Ross
Independent Contractor at Self Employed · | 8 upvotes · 51.5K views
Chose
WaveWave
over
FreshbooksFreshbooksQuickBooksQuickBooks
in

I started out as an Independent Contractor just about a month ago and wanted to start on the right foot. I did a bit of searching on Hacker News when I needed an Invoicing Solution. Freshbooks caught my eye initially but I decided to check StackShare for a more cost-effective solution. The Zapier integrations are pretty neat, the templates are cool and I'm looking forward to what else it has in store.

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Pros of Wave
Pros of Xero
  • 2
    1 free instance without CC forever?
  • 2
    Easy Invoicing
  • 2
    Smart Reports with automatic bank reconciliation

Sign up to add or upvote prosMake informed product decisions

What is Wave?

It is a free, online software alternative to Quickbooks. Wave helps manage invoices, credit card payments, accounting & payroll. Best for small businesses & freelancers.

What is Xero?

Inventory, invoicing, time tracking, expenses, and hundreds of other apps all seamlessly integrate with Xero to save your business precious time and money.

Need advice about which tool to choose?Ask the StackShare community!

What companies use Wave?
What companies use Xero?
See which teams inside your own company are using Wave or Xero.
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What tools integrate with Wave?
What tools integrate with Xero?

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What are some alternatives to Wave and Xero?
Freshbooks
It is simple and intuitive. It makes running your small business easy, fast and secure. Easily send invoices, track time, manage expenses, and get paid online.
QuickBooks
It is an accounting software package. You can access and manage your books from your computer, laptop, tablet, or smartphone anytime you choose. Create access privileges so that your colleague or accountant can login and work.
ZipBooks
It offers project management tools that allow users to create tasks, assign them to team members and track performance with a built-in time-tracker.
Surge
Surge makes it easy for developers to deploy projects to a production-quality CDN through Grunt, Gulp, npm.
Odoo
It is a business management software including CRM, e-commerce, billing, accounting, manufacturing, warehouse, project management, and inventory management.
See all alternatives

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