Xero vs Wave
Xero gives you real double entry accounting, unlimited users on every plan and a deep app marketplace. Wave gives you genuinely free core accounting and invoicing, which is hard to beat for freelancers and very small teams. Here is how they compare, and which one fits your books.
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How they score
Scores are our editorial assessment against the VettedSaaS rubric · not vendor supplied.
Feature by feature
✓ full · ∼ partial · — noneFeature support verified as of June 2026 · check the vendor for current details.
Pricing, side by side
Per month, US list pricePricing as of June 2026 · check the vendor for current pricing. Xero US plans run $25, $55 and $90 a month with unlimited users on every tier; new customers often get a heavy intro discount. Wave Pro is $19 a month, or about $16 a month billed annually; payroll runs from $40 a month plus a per employee fee, and card payments cost 2.9 percent plus 60 cents per transaction.