# Wave vs Xero Comparison
---
## AI Generated Summary
- **G2 reviewers report** that Xero excels in usability, particularly for those without an accounting background. Users appreciate its intuitive design, which allows business owners to navigate the software easily and utilize features like automatic bank reconciliation, making it faster and more accurate than competitors.
- **Users say** that Wave is a great option for small businesses looking for a cost-effective solution. Many highlight its **free tier** and ease of use, making it accessible for those who may not need the extensive features of more expensive software.
- **Reviewers mention** that Xero's implementation process is quick and straightforward, with many praising the intuitive onboarding wizard that helps users get started without a steep learning curve. This contrasts with Wave, where some users feel that while it's easy to use, it may lack the depth needed for more complex accounting tasks.
- **According to verified reviews** , Xero's support quality stands out, with users noting responsive customer service and helpful resources. In comparison, Wave's support has received mixed feedback, with some users expressing a desire for more robust assistance options.
- **G2 reviewers highlight** Xero's advanced features, such as customizable invoicing and detailed financial reporting, which cater to growing businesses. Users appreciate the ability to tailor invoices with company branding, a feature that Wave users find less flexible.
- **Users appreciate** Wave's simplicity and the ability to connect multiple accounts easily, making it a practical choice for small businesses. However, some users feel that Xero's broader feature set provides a more comprehensive solution as their business needs evolve.



| | Wave | Xero | 
|---|---|---|
| **Star Rating** | 4.3 out of 5 | 4.4 out of 5 | 
| **Total Reviews** | 323 | 1,620 | 
| **Largest Market Segment** | Small-Business (94.6% of reviews) | Small-Business (71.6% 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 (839 reviews)
- Invoice Management (362 reviews)

Cons:
- Missing Features (314 reviews)
- Limited Options (171 reviews)

---
## Ratings Comparison
| Rating | Wave | Xero | 
|---|---|---|
  | **Meets Requirements** | 8.6 (259 reviews) | 8.7 (1262 reviews) | 
  | **Ease of Use** | 8.9 (261 reviews) | 8.9 (1302 reviews) | 
  | **Ease of Setup** | 8.8 (131 reviews) | 8.7 (987 reviews) | 
  | **Ease of Admin** | 8.8 (114 reviews) | 8.7 (409 reviews) | 
  | **Quality of Support** | 7.7 (171 reviews) | 8.3 (1165 reviews) | 
  | **Has the product been a good partner in doing business?** | 8.5 (106 reviews) | 8.6 (403 reviews) | 
  | **Product Direction (% positive)** | 8.0 (250 reviews) | 8.7 (1231 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 | 360 |

#### Expense Reports

| Feature | Wave | Xero | 
|---|---|---|
| **Ease of Creating Expense Reports** | Not enough data | 8.6 (221 reviews) | 
| **Bank / Credit Card Integration** | Not enough data | 8.8 (226 reviews) | 
| **Smart Categorization** | Not enough data | 8.4 (204 reviews) | 
| **Digital Receipt Management** | Not enough data | 8.5 (205 reviews) | 
| **Employee Reimbursement** | Not enough data | 8.3 (184 reviews) | 
| **Currency Conversions** | Not enough data | 8.1 (184 reviews) | 
| **Credit Card Integration** | Not enough data | 8.6 (199 reviews) | 

#### Agentic AI - Expense Management

| Feature | Wave | Xero | 
|---|---|---|
| **Autonomous Task Execution** | Not enough data | 8.9 (77 reviews) | 
| **Cross-system Integration** | Not enough data | 9.0 (78 reviews) | 

#### Travel Management

| Feature | Wave | Xero | 
|---|---|---|
| **Ease of Booking** | Not enough data | 7.4 (162 reviews) | 
| **Itinerary Management** | Not enough data | 6.9 (154 reviews) | 
| **Trip Notifications** | Not enough data | 6.6 (152 reviews) | 
| **Advanced Integrations** | Not enough data | 7.3 (158 reviews) | 

#### Client Invoicing

| Feature | Wave | Xero | 
|---|---|---|
| **Invoice Creation and Delivery** | Not enough data | 9.0 (207 reviews) | 
| **Electronic Payments** | Not enough data | 8.6 (185 reviews) | 
| **Project Accounting / Revenue Recognition** | Not enough data | 8.4 (186 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 (158 reviews) | 
| **Travel Itinerary and Flight Status Updates** | Not enough data | 6.9 (150 reviews) | 

#### Platform

| Feature | Wave | Xero | 
|---|---|---|
| **Embedded AI / Machine Learning** | Not enough data | 7.9 (142 reviews) | 
| **Complex Approval Workflow** | Not enough data | 7.9 (144 reviews) | 

#### Administration

| Feature | Wave | Xero | 
|---|---|---|
| **PCI Regulation Compliant** | Not enough data | 8.2 (137 reviews) | 

#### Administration

| Feature | Wave | Xero | 
|---|---|---|
| **Business Tool Integration** | Not enough data | 8.2 (184 reviews) | 
| **Workflow** | Not enough data | 8.3 (181 reviews) | 
| **Automated Reminders** | Not enough data | 8.1 (178 reviews) | 
| **Policy Compliance Management** | Not enough data | 8.0 (166 reviews) | 
| **User, Role, and Access Management** | Not enough data | 8.5 (193 reviews) | 

#### Platform

| Feature | Wave | Xero | 
|---|---|---|
| **Reporting** | Not enough data | 8.8 (217 reviews) | 
| **APIs / Integration** | Not enough data | 8.3 (172 reviews) | 
| **Internationalization** | Not enough data | 8.1 (161 reviews) | 
| **Performance and Reliability** | Not enough data | 9.0 (193 reviews) | 
| **Mobile User Support** | Not enough data | 8.1 (176 reviews) | 
| **Offline** | Not enough data | 5.9 (147 reviews) | 

### Accounting

| Product | Score | Reviews |
|---|---|---|
| **Wave** | 7.2/10 | 92 |
| **Xero** | 8.3/10 | 1250 |

#### General Ledger

| Feature | Wave | Xero | 
|---|---|---|
| **Journal Entries** | 8.0 (56 reviews) ✓ Verified | 8.5 (631 reviews) ✓ Verified | 
| **Tags / Dimensions** | 7.9 (47 reviews) ✓ Verified | 8.1 (574 reviews) ✓ Verified | 
| **Audit Trail** | 7.6 (47 reviews) ✓ Verified | 8.5 (591 reviews) ✓ Verified | 

#### Accounts Receivable

| Feature | Wave | Xero | 
|---|---|---|
| **Invoice Customization** | 8.6 (76 reviews) | 8.6 (661 reviews) ✓ Verified | 
| **AR Automation** | 8.1 (56 reviews) ✓ Verified | 8.3 (561 reviews) | 
| **Collections Automation** | 8.0 (48 reviews) ✓ Verified | 8.0 (560 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 (620 reviews) ✓ Verified | 
| **Purchase Orders** | 7.4 (34 reviews) ✓ Verified | 8.4 (559 reviews) ✓ Verified | 

#### Other Functionality

| Feature | Wave | Xero | 
|---|---|---|
| **Inventory Tracking / Ordering** | 6.8 (29 reviews) ✓ Verified | 7.7 (496 reviews) | 
| **Inventory Pricing and Costing** | 7.1 (30 reviews) ✓ Verified | 7.7 (488 reviews) | 
| **Inventory Reporting** | 6.8 (28 reviews) | 7.8 (474 reviews) ✓ Verified | 
| **Multi-Entity / Consolidation** | 6.9 (31 reviews) ✓ Verified | 7.6 (514 reviews) ✓ Verified | 
| **Recognition Rules** | 7.1 (32 reviews) ✓ Verified | 8.3 (543 reviews) ✓ Verified | 
| **Reconciliations** | 7.8 (47 reviews) ✓ Verified | 8.9 (730 reviews) ✓ Verified | 
| **Payroll** | 6.7 (28 reviews) ✓ Verified | 8.0 (552 reviews) ✓ Verified | 
| **Time and Expense** | 6.8 (28 reviews) ✓ Verified | 8.2 (535 reviews) | 

#### Reporting & Analytics

| Feature | Wave | Xero | 
|---|---|---|
| **Financial Statements** | 8.3 (78 reviews) ✓ Verified | 8.9 (721 reviews) ✓ Verified | 
| **Custom Reporting** | 7.8 (60 reviews) ✓ Verified | 8.4 (652 reviews) ✓ Verified | 
| **Budgeting / Forecasting** | 7.7 (42 reviews) ✓ Verified | 8.2 (527 reviews) ✓ Verified | 
| **Dashboards** | 8.5 (73 reviews) ✓ Verified | 8.7 (663 reviews) ✓ Verified | 

#### Platform

| Feature | Wave | Xero | 
|---|---|---|
| **Customization** | 7.3 (59 reviews) ✓ Verified | 8.1 (589 reviews) ✓ Verified | 
| **Workflow Capability** | 7.3 (41 reviews) ✓ Verified | 8.1 (541 reviews) | 
| **User, Role, and Access Management** | 7.8 (54 reviews) ✓ Verified | 8.5 (605 reviews) ✓ Verified | 
| **Internationalization** | 7.2 (29 reviews) ✓ Verified | 8.1 (501 reviews) ✓ Verified | 
| **Performance and Reliability** | 8.2 (66 reviews) ✓ Verified | 8.8 (678 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 (591 reviews) ✓ Verified | 
| **Integration APIs** | 7.2 (31 reviews) | 8.5 (539 reviews) | 
| **Breadth of Partner Applications** | 6.6 (31 reviews) ✓ Verified | 8.4 (580 reviews) ✓ Verified | 

#### Cash Flow

| Feature | Wave | Xero | 
|---|---|---|
| **Track Cash Flow** | 8.0 (33 reviews) ✓ Verified | 8.7 (497 reviews) ✓ Verified | 
| **Income and Expenses** | 8.4 (37 reviews) ✓ Verified | 9.0 (484 reviews) ✓ Verified | 
| **File Exports** | 7.6 (28 reviews) ✓ Verified | 8.6 (444 reviews) ✓ Verified | 

#### Budgeting & Forecasting

| Feature | Wave | Xero | 
|---|---|---|
| **Budgeting / Forecasting** | 7.7 (42 reviews) ✓ Verified | 8.2 (527 reviews) ✓ Verified | 
| **Data Import** | 7.2 (25 reviews) ✓ Verified | 8.5 (448 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 (466 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 (434 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 (277 reviews) | 
| **Invoice Processing** | 6.9 (9 reviews) | 8.4 (272 reviews) | 
| **Expense Management** | 6.7 (10 reviews) | 8.3 (275 reviews) | 
| **Fraud Detection** | 4.5 (7 reviews) | 8.1 (272 reviews) | 
| **Tax Compliance** | 6.7 (8 reviews) | 8.2 (272 reviews) | 
| **Support Chatbots** | 5.6 (8 reviews) | 7.8 (274 reviews) | 
| **Bank Reconciliations** | 7.6 (9 reviews) | 8.7 (291 reviews) | 
| **Report Generation** | 6.7 (8 reviews) | 8.5 (277 reviews) | 
| **Customizable Alerts** | 6.0 (7 reviews) | 8.3 (267 reviews) | 
| **Predictive Analytics** | 5.7 (7 reviews) | 8.2 (270 reviews) | 

#### Mobile Applications - Accounting

| Feature | Wave | Xero | 
|---|---|---|
| **Cloud Integration** | 6.9 (9 reviews) | 8.6 (282 reviews) | 
| **Notifications** | 7.8 (9 reviews) | 8.4 (257 reviews) | 
| **UI** | 6.9 (9 reviews) | 8.6 (297 reviews) | 
| **Offline** | 4.2 (6 reviews) | 7.1 (242 reviews) | 
| **Expense Tracking** | 6.7 (8 reviews) | 8.6 (262 reviews) | 
| **Invoice Management** | 8.3 (11 reviews) | 8.7 (271 reviews) | 

#### Agentic AI - Accounting

| Feature | Wave | Xero | 
|---|---|---|
| **Autonomous Task Execution** | Not enough data | 8.2 (229 reviews) | 

### Nonprofit Accounting

| Product | Score | Reviews |
|---|---|---|
| **Wave** | N/A | N/A |
| **Xero** | 8.7/10 | 1050 |

#### General Ledger

| Feature | Wave | Xero | 
|---|---|---|
| **Journal Entries** | 8.0 (56 reviews) ✓ Verified | 8.5 (631 reviews) ✓ Verified | 
| **Tags / Dimensions** | 7.9 (47 reviews) ✓ Verified | 8.1 (574 reviews) ✓ Verified | 
| **Audit Trail** | 7.6 (47 reviews) ✓ Verified | 8.5 (591 reviews) ✓ Verified | 

#### Accounts Receivable

| Feature | Wave | Xero | 
|---|---|---|
| **Invoice Customization** | 8.6 (76 reviews) | 8.6 (661 reviews) ✓ Verified | 
| **AR Automation** | 8.1 (56 reviews) ✓ Verified | 8.3 (561 reviews) | 
| **Collections Automation** | 8.0 (48 reviews) ✓ Verified | 8.0 (560 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 (620 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 | 325 |

#### Invoice Generation

| Feature | Wave | Xero | 
|---|---|---|
| **Templates** | Not enough data | 8.3 (208 reviews) | 
| **Digital Invoices** | Not enough data | 9.0 (209 reviews) | 
| **Recurring Invoices** | Not enough data | 9.0 (203 reviews) | 

#### Invoice Processing

| Feature | Wave | Xero | 
|---|---|---|
| **Approvals** | Not enough data | 8.6 (200 reviews) | 
| **Batch Processing** | Not enough data | 8.6 (199 reviews) | 
| **Consolidation** | Not enough data | 8.3 (195 reviews) | 
| **Match Invoices** | Not enough data | 8.9 (206 reviews) | 

#### Analytics

| Feature | Wave | Xero | 
|---|---|---|
| **Due Dates** | Not enough data | 9.0 (205 reviews) | 
| **Cashflow** | Not enough data | 8.6 (204 reviews) | 
| **KPIs** | Not enough data | 8.1 (187 reviews) | 
| **Payment Tracking** | Not enough data | 8.7 (201 reviews) | 

#### Integration

| Feature | Wave | Xero | 
|---|---|---|
| **Accounting** | Not enough data | 9.0 (211 reviews) | 
| **Payments** | Not enough data | 8.7 (207 reviews) | 
| **ERP** | Not enough data | 8.0 (188 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 (108 reviews) | 
| **Adaptive Learning** | Not enough data | 8.3 (109 reviews) | 
| **Proactive Assistance** | Not enough data | 8.1 (110 reviews) | 

### Inventory Control

| Product | Score | Reviews |
|---|---|---|
| **Wave** | N/A | N/A |
| **Xero** | 9.0/10 | 137 |

#### Multichannel inventory management

| Feature | Wave | Xero | 
|---|---|---|
| **Warehouse Inventory Transfer** | Not enough data | 8.7 (74 reviews) | 
| **Multichannel Inventory Syncing** | Not enough data | 8.8 (74 reviews) | 
| **Multi-Warehouse Routing** | Not enough data | 8.6 (74 reviews) | 

#### 3PL inventory management

| Feature | Wave | Xero | 
|---|---|---|
| **Client management** | Not enough data | 9.0 (75 reviews) | 
| **Marketplace connections** | Not enough data | 8.8 (74 reviews) | 
| **3PL inventory tracking** | Not enough data | 8.8 (73 reviews) | 

#### Inventory Management

| Feature | Wave | Xero | 
|---|---|---|
| **Inventory Tracking** | Not enough data | 9.1 (76 reviews) | 
| **Inventory Costing** | Not enough data | 8.9 (75 reviews) | 
| **Product Master** | Not enough data | 8.9 (73 reviews) | 
| **Inventory Forecasting** | Not enough data | 8.9 (73 reviews) | 
| **Integrations** | Not enough data | 9.2 (74 reviews) | 

#### Inventory Management Platform Features

| Feature | Wave | Xero | 
|---|---|---|
| **Centralized Inventory Database** | Not enough data | 9.1 (77 reviews) | 
| **Inventory Level Dashboards** | Not enough data | 9.1 (78 reviews) | 
| **Stock History Reporting** | Not enough data | 8.9 (79 reviews) | 
| **Low Stock Notifications** | Not enough data | 8.6 (75 reviews) | 
| **Bundles, Kits, & Variants** | Not enough data | 8.8 (75 reviews) | 
| **Asset Tracking** | Not enough data | 9.1 (78 reviews) | 
| **Inventory Forecasting** | Not enough data | 8.9 (76 reviews) | 
| **eCommerce Integrations** | Not enough data | 9.2 (73 reviews) | 
| **Accounting Integrations** | Not enough data | 9.3 (77 reviews) | 
| **Data Exporting / Importing** | Not enough data | 9.4 (77 reviews) | 

### Billing

| Product | Score | Reviews |
|---|---|---|
| **Wave** | 7.8/10 | 50 |
| **Xero** | 8.4/10 | 291 |

#### Bill Generation

| Feature | Wave | Xero | 
|---|---|---|
| **Templates** | 7.9 (36 reviews) | 8.3 (197 reviews) | 
| **Digital Billing** | 8.3 (42 reviews) | 8.7 (198 reviews) | 
| **Recurring Billing** | 8.1 (36 reviews) | 8.7 (201 reviews) | 

#### Bill Processing

| Feature | Wave | Xero | 
|---|---|---|
| **Consolidation** | 7.6 (28 reviews) | 8.1 (192 reviews) | 
| **Batch Invoicing** | 7.7 (27 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** | 94.6% | 71.6% | 
| **Mid-Market** | 4.2% | 23.5% | 
| **Enterprise** | 1.3% | 5.0% | 

### By Industry

#### Wave

- **Marketing and Advertising:** 15.6%
- **Accounting:** 5.9%
- **Information Technology and Services:** 5.9%
- **Design:** 4.9%
- **Computer Software:** 3.3%
- **Management Consulting:** 2.9%
- **Internet:** 2.9%
- **Health, Wellness and Fitness:** 2.6%
- **Graphic Design:** 2.6%
- **Consulting:** 2.3%
- **Other:** 51.1%

#### Xero

- **Accounting:** 21.6%
- **Information Technology and Services:** 8.7%
- **Computer Software:** 6.6%
- **Marketing and Advertising:** 5.0%
- **Consulting:** 3.7%
- **Construction:** 3.5%
- **Retail:** 3.1%
- **Financial Services:** 3.1%
- **Health, Wellness and Fitness:** 2.2%
- **Real Estate:** 1.8%
- **Other:** 40.7%

---
## Alternatives

### Alternatives to Wave

- [FreshBooks](https://www.g2.com/products/freshbooks/reviews) — 4.5/5 stars (975 reviews)
- [Zoho Books](https://www.g2.com/products/zoho-books/reviews) — 4.4/5 stars (328 reviews)
- [QuickBooks Desktop Pro](https://www.g2.com/products/quickbooks-desktop-pro/reviews) — 4.3/5 stars (1765 reviews)
- [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) — 4.0/5 stars (3831 reviews)
- [NetSuite](https://www.g2.com/products/netsuite/reviews) — 4.1/5 stars (4804 reviews)
- [GoDaddy Bookkeeping](https://www.g2.com/products/godaddy-bookkeeping/reviews) — 4.1/5 stars (38 reviews)
- [Zoho Invoice](https://www.g2.com/products/zoho-invoice/reviews) — 4.7/5 stars (361 reviews)
- [Square Point of Sale](https://www.g2.com/products/square-point-of-sale/reviews) — 4.6/5 stars (1208 reviews)
- [HoneyBook](https://www.g2.com/products/honeybook/reviews) — 4.5/5 stars (217 reviews)
- [Sage Intacct](https://www.g2.com/products/sage-intacct/reviews) — 4.3/5 stars (4250 reviews)

### Alternatives to Xero

- [NetSuite](https://www.g2.com/products/netsuite/reviews) — 4.1/5 stars (4804 reviews)
- [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) — 4.0/5 stars (3831 reviews)
- [FreshBooks](https://www.g2.com/products/freshbooks/reviews) — 4.5/5 stars (975 reviews)
- [Sage Intacct](https://www.g2.com/products/sage-intacct/reviews) — 4.3/5 stars (4250 reviews)
- [QuickBooks Desktop Pro](https://www.g2.com/products/quickbooks-desktop-pro/reviews) — 4.3/5 stars (1765 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 (328 reviews)
- [Acumatica](https://www.g2.com/products/acumatica/reviews) — 4.4/5 stars (2007 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 (943 reviews)

---
## Top Discussions

### Wave

- Title: [Is Wave Accounting really free?](https://www.g2.com/discussions/is-wave-accounting-really-free) — 2 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 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: [What is Xero software used for?](https://www.g2.com/discussions/what-is-xero-software-used-for) — 4 comments
  > **Top comment:** "Accounting and invoicing needs"
- 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: [Is XERO a good accounting software?](https://www.g2.com/discussions/is-xero-a-good-accounting-software) — 3 comments
  > **Top comment:** "Yep - especially with the upgrade to forecast cash flow"
- 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)