# Wave vs Xero Comparison
---
## AI Generated Summary
- **G2 reviewers report** that Xero excels in user-friendliness, with many users highlighting its intuitive interface that allows even those without accounting experience to navigate easily. One user mentioned, "It is easy, user-friendly, and can be used by a person not involved in accounts," making it a strong choice for small businesses looking for straightforward bookkeeping.
- **Users say** that Wave's free plan is a significant advantage, providing a robust entry point for small businesses. Reviewers appreciate the simplicity of setup, with one noting, "The setup is very simple, with a well-thought-out tutorial that guides you through," which can be particularly beneficial for startups or freelancers.
- **According to verified reviews** , Xero's overall performance is rated highly, with users praising its ability to customize forms and reports. One user stated, "I can log in from anywhere and complete my work," indicating that Xero's cloud-based functionality supports flexibility and accessibility for users on the go.
- **Reviewers mention** that while Wave is visually appealing and intuitive, it may not offer the same depth of features as Xero. Users have noted that it simplifies day-to-day accounting effectively, but some may find it lacking in advanced functionalities compared to Xero's comprehensive suite.
- **G2 reviewers highlight** Xero's superior support quality, with a score that reflects a more responsive and helpful customer service experience. Users have expressed satisfaction with the support they receive, stating that Xero has been a "good partner in doing business," which can be crucial for businesses needing reliable assistance.
- **Users report** that Wave's expense tracking and invoicing capabilities are effective for small operations, but they may not match the robustness of Xero's features. One user appreciated how Wave "handles the background accounting seamlessly," yet others may find Xero's advanced reporting and automation tools more beneficial for scaling their business.



| | Wave | Xero | 
|---|---|---|
| **Star Rating** | 4.3 out of 5 | 4.4 out of 5 | 
| **Total Reviews** | 327 | 1,715 | 
| **Largest Market Segment** | Small-Business (94.0% of reviews) | Small-Business (72.1% of reviews) | 
| **Entry Level Price** | $20-$35 per month | $13.00 Per Month | 

---
## Top Pros & Cons

### Wave

Pros:
- Ease of Use (11 reviews)
- Invoice Management (6 reviews)

Cons:
- Missing Features (5 reviews)
- Poor Customer Support (5 reviews)

### Xero

Pros:
- Ease of Use (851 reviews)
- Invoice Management (366 reviews)

Cons:
- Missing Features (319 reviews)
- Limited Options (173 reviews)

---
## Ratings Comparison
| Rating | Wave | Xero | 
|---|---|---|
  | **Meets Requirements** | 8.6 (260 reviews) | 8.7 (1341 reviews) | 
  | **Ease of Use** | 8.9 (262 reviews) | 8.9 (1385 reviews) | 
  | **Ease of Setup** | 8.8 (132 reviews) | 8.7 (1065 reviews) | 
  | **Ease of Admin** | 8.8 (114 reviews) | 8.7 (430 reviews) | 
  | **Quality of Support** | 7.7 (172 reviews) | 8.3 (1239 reviews) | 
  | **Has the product been a good partner in doing business?** | 8.5 (106 reviews) | 8.6 (424 reviews) | 
  | **Product Direction (% positive)** | 8.0 (250 reviews) | 8.7 (1297 reviews) | 

---
## Pricing

### Wave

#### Entry-Level Pricing

Plan:  Pay your staff 

Price: $20-$35 per month

Description: $20/month base fee in Canada + 44 states

$35/month base fee in California, Florida, New York, Texas, Illinois & Washington

$4 additional per employee added

Key Features:
- Includes direct deposit.
- Employee portal to check pay stubs and history.
- Perfect for salaried and hourly workers, full-time or part-time.

[Browse all 3 editions](https://www.g2.com/products/wave/pricing)

#### Free Trial

Yes

### Xero

#### Entry-Level Pricing

Plan: Starter / Early

Price: $13.00 Per Month

Description: Good for sole traders, new businesses, and the self-employed.

Key Features:
- Send quotes and 20 invoices
- Enter 5 bills
- Reconcile bank transactions

[Browse all 3 editions](https://www.g2.com/products/xero/pricing)

#### Free Trial

Yes

---
## Features Comparison By Category

### Expense Management

| Product | Score | Reviews |
|---|---|---|
| **Wave** | N/A | N/A |
| **Xero** | 8.1/10 | 368 |

#### Expense Reports

| Feature | Wave | Xero | 
|---|---|---|
| **Ease of Creating Expense Reports** | Not enough data | 8.6 (224 reviews) | 
| **Bank / Credit Card Integration** | Not enough data | 8.8 (229 reviews) | 
| **Smart Categorization** | Not enough data | 8.4 (207 reviews) | 
| **Digital Receipt Management** | Not enough data | 8.5 (204 reviews) | 
| **Employee Reimbursement** | Not enough data | 8.3 (184 reviews) | 
| **Currency Conversions** | Not enough data | 8.1 (186 reviews) | 
| **Credit Card Integration** | Not enough data | 8.6 (199 reviews) | 

#### Agentic AI - Expense Management

| Feature | Wave | Xero | 
|---|---|---|
| **Autonomous Task Execution** | Not enough data | 8.8 (76 reviews) | 
| **Cross-system Integration** | Not enough data | 8.9 (77 reviews) | 

#### Travel Management

| Feature | Wave | Xero | 
|---|---|---|
| **Ease of Booking** | Not enough data | 7.4 (162 reviews) | 
| **Itinerary Management** | Not enough data | 6.9 (153 reviews) | 
| **Trip Notifications** | Not enough data | 6.6 (151 reviews) | 
| **Advanced Integrations** | Not enough data | 7.3 (157 reviews) | 

#### Client Invoicing

| Feature | Wave | Xero | 
|---|---|---|
| **Invoice Creation and Delivery** | Not enough data | 9.1 (213 reviews) | 
| **Electronic Payments** | Not enough data | 8.6 (187 reviews) | 
| **Project Accounting / Revenue Recognition** | Not enough data | 8.4 (187 reviews) | 

#### Generative AI - Expense Management

| Feature | Wave | Xero | 
|---|---|---|
| **Image-to-Text** | Not enough data | Not enough data | 
| **Text Generation** | Not enough data | Not enough data | 
| **Text Summarization** | Not enough data | Not enough data | 

#### Mobile

| Feature | Wave | Xero | 
|---|---|---|
| **Receipt Capture** | Not enough data | 8.2 (185 reviews) | 
| **Mileage Tracking** | Not enough data | 7.3 (157 reviews) | 
| **Travel Itinerary and Flight Status Updates** | Not enough data | 6.8 (149 reviews) | 

#### Platform

| Feature | Wave | Xero | 
|---|---|---|
| **Embedded AI / Machine Learning** | Not enough data | 7.9 (142 reviews) | 
| **Complex Approval Workflow** | Not enough data | 7.9 (143 reviews) | 

#### Administration

| Feature | Wave | Xero | 
|---|---|---|
| **PCI Regulation Compliant** | Not enough data | 8.2 (136 reviews) | 

#### Administration

| Feature | Wave | Xero | 
|---|---|---|
| **Business Tool Integration** | Not enough data | 8.3 (185 reviews) | 
| **Workflow** | Not enough data | 8.3 (183 reviews) | 
| **Automated Reminders** | Not enough data | 8.1 (178 reviews) | 
| **Policy Compliance Management** | Not enough data | 8.0 (165 reviews) | 
| **User, Role, and Access Management** | Not enough data | 8.5 (193 reviews) | 

#### Platform

| Feature | Wave | Xero | 
|---|---|---|
| **Reporting** | Not enough data | 8.8 (222 reviews) | 
| **APIs / Integration** | Not enough data | 8.3 (172 reviews) | 
| **Internationalization** | Not enough data | 8.1 (160 reviews) | 
| **Performance and Reliability** | Not enough data | 9.0 (195 reviews) | 
| **Mobile User Support** | Not enough data | 8.2 (176 reviews) | 
| **Offline** | Not enough data | 5.9 (147 reviews) | 

### Accounting

| Product | Score | Reviews |
|---|---|---|
| **Wave** | 7.2/10 | 93 |
| **Xero** | 8.3/10 | 1321 |

#### General Ledger

| Feature | Wave | Xero | 
|---|---|---|
| **Journal Entries** | 8.0 (56 reviews) ✓ Verified | 8.5 (636 reviews) ✓ Verified | 
| **Tags / Dimensions** | 7.9 (47 reviews) ✓ Verified | 8.1 (573 reviews) ✓ Verified | 
| **Audit Trail** | 7.6 (46 reviews) ✓ Verified | 8.5 (594 reviews) ✓ Verified | 

#### AI Assistant - Accounting

| Feature | Wave | Xero | 
|---|---|---|
| **AI Accounting Assistant** | Not enough data | Not enough data | 

#### Accounts Receivable

| Feature | Wave | Xero | 
|---|---|---|
| **Invoice Customization** | 8.6 (77 reviews) | 8.6 (667 reviews) ✓ Verified | 
| **AR Automation** | 8.1 (55 reviews) ✓ Verified | 8.3 (570 reviews) | 
| **Collections Automation** | 8.0 (47 reviews) ✓ Verified | 8.0 (559 reviews) ✓ Verified | 

#### Accounts Payable

| Feature | Wave | Xero | 
|---|---|---|
| **AP Automation** | 7.8 (36 reviews) | 8.4 (537 reviews) | 
| **Payment Processing** | 8.1 (56 reviews) ✓ Verified | 8.6 (627 reviews) ✓ Verified | 
| **Purchase Orders** | 7.4 (34 reviews) ✓ Verified | 8.4 (559 reviews) ✓ Verified | 

#### Other Functionality

| Feature | Wave | Xero | 
|---|---|---|
| **Inventory Tracking / Ordering** | 6.9 (28 reviews) ✓ Verified | 7.6 (499 reviews) | 
| **Inventory Pricing and Costing** | 7.1 (30 reviews) ✓ Verified | 7.7 (487 reviews) | 
| **Inventory Reporting** | 6.8 (28 reviews) | 7.8 (473 reviews) ✓ Verified | 
| **Multi-Entity / Consolidation** | 6.9 (31 reviews) ✓ Verified | 7.6 (516 reviews) ✓ Verified | 
| **Recognition Rules** | 7.1 (32 reviews) ✓ Verified | 8.2 (542 reviews) ✓ Verified | 
| **Reconciliations** | 7.7 (46 reviews) ✓ Verified | 8.9 (769 reviews) ✓ Verified | 
| **Payroll** | 6.8 (28 reviews) ✓ Verified | 8.1 (557 reviews) ✓ Verified | 
| **Time and Expense** | 6.9 (29 reviews) ✓ Verified | 8.2 (537 reviews) | 

#### Reporting & Analytics

| Feature | Wave | Xero | 
|---|---|---|
| **Financial Statements** | 8.3 (77 reviews) ✓ Verified | 8.9 (741 reviews) ✓ Verified | 
| **Custom Reporting** | 7.9 (60 reviews) ✓ Verified | 8.4 (668 reviews) ✓ Verified | 
| **Budgeting / Forecasting** | 7.6 (41 reviews) ✓ Verified | 8.3 (532 reviews) ✓ Verified | 
| **Dashboards** | 8.5 (72 reviews) ✓ Verified | 8.7 (675 reviews) ✓ Verified | 

#### Platform

| Feature | Wave | Xero | 
|---|---|---|
| **Customization** | 7.3 (59 reviews) ✓ Verified | 8.1 (595 reviews) ✓ Verified | 
| **Workflow Capability** | 7.3 (41 reviews) ✓ Verified | 8.1 (543 reviews) | 
| **User, Role, and Access Management** | 7.9 (55 reviews) ✓ Verified | 8.5 (614 reviews) ✓ Verified | 
| **Internationalization** | 7.3 (28 reviews) ✓ Verified | 8.1 (505 reviews) ✓ Verified | 
| **Performance and Reliability** | 8.2 (65 reviews) ✓ Verified | 8.7 (704 reviews) ✓ Verified | 
| **Output Document Generation** | 7.9 (53 reviews) ✓ Verified | 8.5 (547 reviews) ✓ Verified | 

#### Integration

| Feature | Wave | Xero | 
|---|---|---|
| **Data Import and Export Tools** | 7.7 (50 reviews) ✓ Verified | 8.5 (595 reviews) ✓ Verified | 
| **Integration APIs** | 7.2 (31 reviews) | 8.5 (552 reviews) | 
| **Breadth of Partner Applications** | 6.6 (31 reviews) ✓ Verified | 8.4 (606 reviews) ✓ Verified | 

#### Cash Flow

| Feature | Wave | Xero | 
|---|---|---|
| **Track Cash Flow** | 8.0 (34 reviews) ✓ Verified | 8.7 (507 reviews) ✓ Verified | 
| **Income and Expenses** | 8.5 (39 reviews) ✓ Verified | 9.0 (486 reviews) ✓ Verified | 
| **File Exports** | 7.6 (28 reviews) ✓ Verified | 8.6 (446 reviews) ✓ Verified | 

#### Budgeting & Forecasting

| Feature | Wave | Xero | 
|---|---|---|
| **Budgeting / Forecasting** | 7.6 (41 reviews) ✓ Verified | 8.3 (532 reviews) ✓ Verified | 
| **Data Import** | 7.1 (24 reviews) ✓ Verified | 8.5 (449 reviews) ✓ Verified | 
| **Versioning** | 6.6 (17 reviews) ✓ Verified | 8.2 (410 reviews) ✓ Verified | 
| **Historical Data** | 7.2 (27 reviews) ✓ Verified | 8.4 (441 reviews) ✓ Verified | 

#### Revenue

| Feature | Wave | Xero | 
|---|---|---|
| **Revenue Types** | 7.9 (28 reviews) ✓ Verified | 8.6 (465 reviews) ✓ Verified | 
| **Revenue Allocation** | 7.5 (23 reviews) ✓ Verified | 8.5 (449 reviews) ✓ Verified | 
| **Scheduling** | 7.2 (21 reviews) | 8.1 (417 reviews) ✓ Verified | 

#### Payroll

| Feature | Wave | Xero | 
|---|---|---|
| **Direct Deposit** | 6.7 (20 reviews) ✓ Verified | 8.0 (401 reviews) ✓ Verified | 
| **Check/W-2 Printing** | 6.8 (17 reviews) | 7.8 (388 reviews) ✓ Verified | 
| **Tax Calculation** | 6.6 (20 reviews) ✓ Verified | 8.3 (435 reviews) ✓ Verified | 
| **Reporting and Dashboards** | 7.7 (25 reviews) ✓ Verified | 8.6 (445 reviews) ✓ Verified | 

#### AI

| Feature | Wave | Xero | 
|---|---|---|
| **Data Extraction** | 5.9 (9 reviews) | 8.0 (278 reviews) | 
| **Invoice Processing** | 6.5 (8 reviews) | 8.5 (276 reviews) | 
| **Expense Management** | 6.7 (10 reviews) | 8.3 (278 reviews) | 
| **Fraud Detection** | 4.5 (7 reviews) | 8.1 (272 reviews) | 
| **Tax Compliance** | 6.7 (8 reviews) | 8.1 (273 reviews) | 
| **Support Chatbots** | 5.6 (8 reviews) | 7.8 (281 reviews) | 
| **Bank Reconciliations** | 7.6 (9 reviews) | 8.7 (302 reviews) | 
| **Report Generation** | 6.7 (8 reviews) | 8.5 (279 reviews) | 
| **Customizable Alerts** | 6.0 (7 reviews) | 8.3 (267 reviews) | 
| **Predictive Analytics** | 5.7 (7 reviews) | 8.2 (272 reviews) | 

#### Mobile Applications - Accounting

| Feature | Wave | Xero | 
|---|---|---|
| **Cloud Integration** | 6.9 (9 reviews) | 8.7 (290 reviews) | 
| **Notifications** | 7.8 (9 reviews) | 8.4 (257 reviews) | 
| **UI** | 6.3 (9 reviews) | 8.6 (308 reviews) | 
| **Offline** | 3.0 (5 reviews) | 7.1 (243 reviews) | 
| **Expense Tracking** | 6.7 (8 reviews) | 8.6 (265 reviews) | 
| **Invoice Management** | 8.3 (11 reviews) | 8.7 (279 reviews) | 

#### Agentic AI - Accounting

| Feature | Wave | Xero | 
|---|---|---|
| **Autonomous Task Execution** | Not enough data | 8.2 (230 reviews) | 

### Nonprofit Accounting

| Product | Score | Reviews |
|---|---|---|
| **Wave** | N/A | N/A |
| **Xero** | 8.7/10 | 1071 |

#### General Ledger

| Feature | Wave | Xero | 
|---|---|---|
| **Journal Entries** | 8.0 (56 reviews) ✓ Verified | 8.5 (636 reviews) ✓ Verified | 
| **Tags / Dimensions** | 7.9 (47 reviews) ✓ Verified | 8.1 (573 reviews) ✓ Verified | 
| **Audit Trail** | 7.6 (46 reviews) ✓ Verified | 8.5 (594 reviews) ✓ Verified | 

#### Accounts Receivable

| Feature | Wave | Xero | 
|---|---|---|
| **Invoice Customization** | 8.6 (77 reviews) | 8.6 (667 reviews) ✓ Verified | 
| **AR Automation** | 8.1 (55 reviews) ✓ Verified | 8.3 (570 reviews) | 
| **Collections Automation** | 8.0 (47 reviews) ✓ Verified | 8.0 (559 reviews) ✓ Verified | 

#### Accounts Payable

| Feature | Wave | Xero | 
|---|---|---|
| **AP Automation** | 7.8 (36 reviews) | 8.4 (537 reviews) | 
| **Payment Processing** | 8.1 (56 reviews) ✓ Verified | 8.6 (627 reviews) ✓ Verified | 
| **Purchase Orders** | 7.4 (34 reviews) ✓ Verified | 8.4 (559 reviews) ✓ Verified | 

### Invoice Management

| Product | Score | Reviews |
|---|---|---|
| **Wave** | N/A | N/A |
| **Xero** | 8.6/10 | 327 |

#### Invoice Generation

| Feature | Wave | Xero | 
|---|---|---|
| **Templates** | Not enough data | 8.4 (208 reviews) | 
| **Digital Invoices** | Not enough data | 9.0 (208 reviews) | 
| **Recurring Invoices** | Not enough data | 9.0 (202 reviews) | 

#### Invoice Processing

| Feature | Wave | Xero | 
|---|---|---|
| **Approvals** | Not enough data | 8.6 (199 reviews) | 
| **Batch Processing** | Not enough data | 8.5 (198 reviews) | 
| **Consolidation** | Not enough data | 8.3 (194 reviews) | 
| **Match Invoices** | Not enough data | 8.9 (207 reviews) | 

#### Analytics

| Feature | Wave | Xero | 
|---|---|---|
| **Due Dates** | Not enough data | 9.0 (204 reviews) | 
| **Cashflow** | Not enough data | 8.6 (203 reviews) | 
| **KPIs** | Not enough data | 8.1 (186 reviews) | 
| **Payment Tracking** | Not enough data | 8.7 (201 reviews) | 

#### Integration

| Feature | Wave | Xero | 
|---|---|---|
| **Accounting** | Not enough data | 9.0 (213 reviews) | 
| **Payments** | Not enough data | 8.7 (207 reviews) | 
| **ERP** | Not enough data | 8.0 (187 reviews) | 
| **Account Sync** | Not enough data | 8.5 (206 reviews) | 

#### Agentic AI - Invoice Management

| Feature | Wave | Xero | 
|---|---|---|
| **Cross-system Integration** | Not enough data | 8.3 (107 reviews) | 
| **Adaptive Learning** | Not enough data | 8.3 (108 reviews) | 
| **Proactive Assistance** | Not enough data | 8.1 (109 reviews) | 

### Inventory Control

| Product | Score | Reviews |
|---|---|---|
| **Wave** | N/A | N/A |
| **Xero** | 9.0/10 | 136 |

#### Multichannel inventory management

| Feature | Wave | Xero | 
|---|---|---|
| **Warehouse Inventory Transfer** | Not enough data | 8.7 (73 reviews) | 
| **Multichannel Inventory Syncing** | Not enough data | 8.8 (73 reviews) | 
| **Multi-Warehouse Routing** | Not enough data | 8.6 (73 reviews) | 

#### 3PL inventory management

| Feature | Wave | Xero | 
|---|---|---|
| **Client management** | Not enough data | 9.0 (74 reviews) | 
| **Marketplace connections** | Not enough data | 8.8 (73 reviews) | 
| **3PL inventory tracking** | Not enough data | 8.8 (72 reviews) | 

#### Inventory Management

| Feature | Wave | Xero | 
|---|---|---|
| **Inventory Tracking** | Not enough data | 9.1 (75 reviews) | 
| **Inventory Costing** | Not enough data | 8.9 (74 reviews) | 
| **Product Master** | Not enough data | 8.9 (72 reviews) | 
| **Inventory Forecasting** | Not enough data | 8.9 (72 reviews) | 
| **Integrations** | Not enough data | 9.2 (73 reviews) | 

#### Inventory Management Platform Features

| Feature | Wave | Xero | 
|---|---|---|
| **Centralized Inventory Database** | Not enough data | 9.1 (76 reviews) | 
| **Inventory Level Dashboards** | Not enough data | 9.1 (77 reviews) | 
| **Stock History Reporting** | Not enough data | 8.8 (78 reviews) | 
| **Low Stock Notifications** | Not enough data | 8.6 (74 reviews) | 
| **Bundles, Kits, & Variants** | Not enough data | 8.8 (74 reviews) | 
| **Asset Tracking** | Not enough data | 9.1 (77 reviews) | 
| **Inventory Forecasting** | Not enough data | 8.9 (75 reviews) | 
| **eCommerce Integrations** | Not enough data | 9.2 (72 reviews) | 
| **Accounting Integrations** | Not enough data | 9.3 (76 reviews) | 
| **Data Exporting / Importing** | Not enough data | 9.4 (76 reviews) | 

### Billing

| Product | Score | Reviews |
|---|---|---|
| **Wave** | 7.8/10 | 49 |
| **Xero** | 8.4/10 | 292 |

#### Bill Generation

| Feature | Wave | Xero | 
|---|---|---|
| **Templates** | 7.9 (36 reviews) | 8.3 (197 reviews) | 
| **Digital Billing** | 8.3 (42 reviews) | 8.7 (199 reviews) | 
| **Recurring Billing** | 8.1 (36 reviews) | 8.8 (202 reviews) | 

#### Bill Processing

| Feature | Wave | Xero | 
|---|---|---|
| **Consolidation** | 7.6 (28 reviews) | 8.1 (192 reviews) | 
| **Batch Invoicing** | 7.6 (26 reviews) | 8.4 (193 reviews) | 
| **Management** | 8.3 (40 reviews) | 8.6 (195 reviews) | 

#### Integration

| Feature | Wave | Xero | 
|---|---|---|
| **Accounting** | 7.9 (37 reviews) | 8.8 (205 reviews) | 
| **Payments** | 8.0 (33 reviews) | 8.6 (200 reviews) | 
| **ERP** | 6.8 (19 reviews) | 7.9 (183 reviews) | 

#### Agentic AI - Billing

| Feature | Wave | Xero | 
|---|---|---|
| **Autonomous Task Execution** | Not enough data | 8.3 (105 reviews) | 

### Accounting & Finance

| Product | Score | Reviews |
|---|---|---|
| **Wave** | N/A | N/A |
| **Xero** | N/A | N/A |

#### Agentic AI - Accounting & Finance

| Feature | Wave | Xero | 
|---|---|---|
| **Autonomous Task Execution** | Not enough data | Not enough data | 

---
## Categories
**Shared Categories (2):** [Billing Software](https://www.g2.com/categories/billing), [Accounting Software](https://www.g2.com/categories/accounting)


**Unique to Xero (4):** [Invoice Management Software](https://www.g2.com/categories/invoice-management), [Inventory Control Software](https://www.g2.com/categories/inventory-control-software), [Expense Management Software](https://www.g2.com/categories/expense-management), [Nonprofit Accounting Software](https://www.g2.com/categories/nonprofit-accounting-software)


---
## Reviewer Demographics

### By Company Size

| Segment | Wave | Xero | 
|---|---|---|
| **Small-Business** | 94.0% | 72.1% | 
| **Mid-Market** | 4.7% | 22.8% | 
| **Enterprise** | 1.3% | 5.1% | 

### By Industry

#### Wave

- **Marketing and Advertising:** 15.6%
- **Accounting:** 5.8%
- **Information Technology and Services:** 5.8%
- **Design:** 4.9%
- **Computer Software:** 3.2%
- **Internet:** 2.9%
- **Management Consulting:** 2.9%
- **Graphic Design:** 2.6%
- **Health, Wellness and Fitness:** 2.6%
- **Non-Profit Organization Management:** 2.3%
- **Other:** 51.3%

#### Xero

- **Accounting:** 22.0%
- **Information Technology and Services:** 8.6%
- **Computer Software:** 6.7%
- **Marketing and Advertising:** 4.9%
- **Consulting:** 3.7%
- **Construction:** 3.5%
- **Financial Services:** 3.1%
- **Retail:** 3.0%
- **Health, Wellness and Fitness:** 2.2%
- **Real Estate:** 1.9%
- **Other:** 40.5%

---
## Alternatives

### Alternatives to Wave

- [FreshBooks](https://www.g2.com/products/freshbooks/reviews) — 4.5/5 stars (981 reviews)
- [Zoho Books](https://www.g2.com/products/zoho-books/reviews) — 4.4/5 stars (329 reviews)
- [QuickBooks Desktop Pro](https://www.g2.com/products/quickbooks-desktop-pro/reviews) — 4.3/5 stars (1766 reviews)
- [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) — 4.0/5 stars (3866 reviews)
- [Zoho Invoice](https://www.g2.com/products/zoho-invoice/reviews) — 4.7/5 stars (365 reviews)
- [NetSuite](https://www.g2.com/products/oracle-netsuite/reviews) — 4.1/5 stars (4893 reviews)
- [Square Point of Sale](https://www.g2.com/products/square-point-of-sale/reviews) — 4.6/5 stars (1209 reviews)
- [HoneyBook](https://www.g2.com/products/honeybook/reviews) — 4.5/5 stars (242 reviews)
- [Sage Intacct](https://www.g2.com/products/sage-intacct/reviews) — 4.3/5 stars (4397 reviews)
- [Stripe Billing](https://www.g2.com/products/stripe-billing/reviews) — 4.4/5 stars (141 reviews)

### Alternatives to Xero

- [NetSuite](https://www.g2.com/products/oracle-netsuite/reviews) — 4.1/5 stars (4893 reviews)
- [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) — 4.0/5 stars (3866 reviews)
- [FreshBooks](https://www.g2.com/products/freshbooks/reviews) — 4.5/5 stars (981 reviews)
- [Sage Intacct](https://www.g2.com/products/sage-intacct/reviews) — 4.3/5 stars (4397 reviews)
- [QuickBooks Desktop Pro](https://www.g2.com/products/quickbooks-desktop-pro/reviews) — 4.3/5 stars (1766 reviews)
- [Certinia Financial Management Cloud](https://www.g2.com/products/certinia-financial-management-cloud/reviews) — 4.0/5 stars (437 reviews)
- [Zoho Books](https://www.g2.com/products/zoho-books/reviews) — 4.4/5 stars (329 reviews)
- [Acumatica](https://www.g2.com/products/acumatica/reviews) — 4.4/5 stars (2020 reviews)
- [QuickBooks Desktop Enterprise](https://www.g2.com/products/quickbooks-desktop-enterprise/reviews) — 4.3/5 stars (1058 reviews)
- [SAP ECC](https://www.g2.com/products/sap-ecc/reviews) — 4.2/5 stars (945 reviews)

---
## Top Discussions

### Wave

- Title: [Is Wave Accounting really free?](https://www.g2.com/discussions/is-wave-accounting-really-free) — 3 comments
  > **Top comment:** "yes"
- Title: [Is wave a good accounting software?](https://www.g2.com/discussions/is-wave-a-good-accounting-software) — 2 comments
  > **Top comment:** "Yeah. It has most of the features required by a small business. You can request the team if you need anything in particular "
- Title: [What is Wave Software?](https://www.g2.com/discussions/what-is-wave-software) — 2 comments
  > **Top comment:** "Wave software is an easy to use Payroll and Accounting software. You can create invoices, send billings, track expenses, and all normal transactions..."
- Title: [How does Wave Software make money?](https://www.g2.com/discussions/how-does-wave-software-make-money) — 1 comment
  > **Top comment:** "On payments they take a percent just like all payments services. They give the accounting platform away for free because they know at least some people will..."

### Xero

- Title: [What is Xero software used for?](https://www.g2.com/discussions/what-is-xero-software-used-for) — 5 comments
  > **Top comment:** "Accounting and invoicing needs"
- Title: [What is Xero used for?](https://www.g2.com/discussions/what-is-xero-used-for) — 4 comments
  > **Top comment:** "Accounting, bookkeeping, tax return, payroll, expenses management etc. For small or medium business"
- Title: [Is XERO a good accounting software?](https://www.g2.com/discussions/is-xero-a-good-accounting-software) — 4 comments, 2 upvotes
  > **Top comment:** "Yep - especially with the upgrade to forecast cash flow"
- Title: [Is Xero easy to use?](https://www.g2.com/discussions/is-xero-easy-to-use) — 3 comments, 2 upvotes
  > **Top comment:** "Yes, it is easy to use."
- Title: [What are the new features in Xero?](https://www.g2.com/discussions/what-are-the-new-features-in-xero) — 2 comments, 1 upvote
  > **Top comment:** "Do you need reviews on this G2 website too? I have reviewed the website here before. And approved review 100% madniawais189@gmail.com"

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**Source:** [G2.com](https://www.g2.com) | [Comparison Page](https://www.g2.com/compare/wave-vs-xero)