When it comes to choosing accounting software for your business, there are many factors to consider. But two of the most popular options on the market are Xero and Wave. So, how do you choose between them?

Functionality

Both Xero and Wave offer a wide range of features for businesses of all sizes. Xero is a comprehensive accounting solution that includes features like invoicing, bank reconciliation, and expense tracking. Wave, on the other hand, is a more basic accounting solution that focuses on invoicing and expense tracking. If you're looking for a comprehensive solution that can handle all of your accounting needs, Xero is the better option. But if you're looking for a simpler solution that's easy to use, Wave may be a better fit for your business.

Ease of Use

Xero and Wave are both easy to use, but Wave is slightly simpler and more user-friendly. Wave's interface is designed to be intuitive and easy to navigate, while Xero's interface is a bit more complex. This is because Xero offers more features than Wave, which can make it a bit overwhelming for users who are new to accounting software. If you're not sure which software to choose, we recommend trying out both Xero and Wave to see which one is a better fit for your needs.

Customer Support

Both Xero and Wave offer excellent customer support. If you need help using either software, you can contact the customer support team via email or phone. Wave also offers a live chat option, which can be helpful if you need assistance right away. Both companies offer a wide range of helpful resources on their websites, such as FAQs, tutorials, and user guides. Overall, you can't go wrong with either Xero or Wave when it comes to customer support.

Pricing

Xero and Wave both offer monthly subscription plans. Xero's plans start at $20 per month, while Wave's plans start at $15 per month. Both software solutions offer a free trial, so you can try out each one before you commit to a paid plan. Overall, Wave is the more affordable option, but Xero offers more features for the price. Therefore, it's important to decide which features are most important to your business before you choose between Xero and Wave.

The Bottom Line

Both Xero and Wave are excellent accounting software solutions. However, they each have their own strengths and weaknesses. Xero is a comprehensive solution that offers a wide range of features, but it's slightly more expensive than Wave. Wave is a simpler solution that's easy to use, but it doesn't offer as many features as Xero. Ultimately, the best software for your business depends on your specific needs and budget.