Wave vs Xero
Wave and Xero are both finance & accounting — but they differ on pricing, features, and integrations. Wave offers a free plan, while Xero is paid-only. Wave has the lower entry price. They share 1 integration, including Stripe.
At a glance
| Wave | Xero | |
|---|---|---|
| Category | Finance & Accounting | Finance & Accounting |
| Pricing model | Freemium | Paid |
| Starting price | From $19/mo | From $25/mo |
| Free plan | Yes | No |
| Integrations | 3 | 4 |
Wave pricing
Starter
$0
- Unlimited invoices
- Accounting
- Receipts
Pro
$19/mo or $190/yr
- Auto-import transactions
- Lower payment fees
Xero pricing
Early
$25/mo
- 20 invoices/mo
- Bank reconciliation
Growing
$55/mo
- Unlimited invoices
- Bulk reconcile
Established
$90/mo
- Multi-currency
- Projects
- Expenses
Wave integrations
- Stripe
- PayPal
- Google Sheets
Xero integrations
- Stripe
- HubSpot
- Gusto
- Shopify
Which should you choose?
If budget is your priority, Wave starts lower. Choose Wave if you want free accounting and invoicing for small business, or Xero if you need cloud accounting software for growing businesses. Review the full pricing and integrations above, then read each tool's profile for the details.