Billing & Invoicing Software · Accounting Software
Wave vs Xero
Both are billing & invoicing software and accounting software. The short answer: choose Wave if you are very small businesses in the US and Canada on a tight budget; choose Xero if you are small businesses and accountants in the UK, Australia and New Zealand.
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| Best for | Very small businesses in the US and Canada on a tight budget | Small businesses and accountants in the UK, Australia and New Zealand |
|---|---|---|
| Free plan | Yes | No (trial may exist) |
| Pricing | See provider | See provider |
| Built for India | Global | Global |
| Categories | Billing & Invoicing Software, Accounting Software | Billing & Invoicing Software, Accounting Software |
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| Visit Wave | Visit Xero |
Which should you choose?
Wave: Free-to-start invoicing and accounting for small businesses, with paid payments and payroll add-ons.
Xero: Cloud accounting platform known for bank reconciliation, invoicing and a large app marketplace.
The best way to decide is to run the same week of real work through both — most offer a free plan or trial — and compare how long tasks take, what your team prefers, and the total cost for your number of users including renewal pricing.
Not sure either fits? See all billing & invoicing software compared.