Compare Xero vs Quickbooks Online vs Wave

Xero

Accounting
 (476)
More Information More Information More Information

Crozscore:

84%
what is this?
75%
57%
no significant changes

Crozscore:

76%
what is this?
46%
61%
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Crozscore:

81%
what is this?
42%
50%
no significant changes
Xero screenshot view 4 more Quickbooks Online screenshot view 2 more Wave screenshot view 2 more

Software Description:

Xero is an online accounting software suite that utilizes a modern cloud network to fully accommodate the complete range of accounting needs.
The app allows its users to coordinate and manage all financial processes within an easy to use platform, accessible from all internet-enabled devices.
This software is ideal for small business owners managing their accounts independently, as well as in collaboration with their accountants from dispersed locations.

Software Description:

Quickbooks Online is a cloud accounting software offered by Intuit. With Quickbooks Online, businesses can manage their accounts from anywhere.

A few of the many features Quickbooks Online offers are: creating and sending professional invoices and estimates, organizing daily expenses, receiving overdue invoice notifications, tracking of payments and recording of sales, customized tax rates for businesses, P&Ls and Balance Sheets.

Quickbooks Online also allows businesses to provide access to their online accounts so that their accountants can collaborate, over 20 financial reports, and integrates with over 80 partner apps.

Software Description:

Wave is an online, integrated accounting software for startups and small businesses. Perfect for freelancers, entrepreneurs and small business owners, Wave allows you to keep invoices, track expenses, view reports, and more.

The use of Wave’s accounting and invoicing tools are completely free. Wave also supports a Payroll tool in the US and Canada for $5 per employee / month.

By 2015, Wave had tracked 95 million transactions from over 2.5 million users in 200+ countries.

Keep accounting simple and professional with Wave.

Features:

  • Billing/Invoicing
  • Dashboard
  • Multi-Currency
  • Payroll

Features:

  • Notifications

Features:

Summary:

  • Easy Invoicing: Improves cashflow and helps its users get paid quickly and easily.

  • Multi-Currency Accounting: Foreign exchange rates are updated hourly, so users instantly know exactly how gains and losses are affecting their cashflow.

  • File Storage: It is possible to attach files to almost anything – from invoices to bills and transactions.

  • Creation of customizable purchase orders: Fully customizable purchase orders, ready to email them to suppliers and then copy to a bill.

  • Expense claims creation from anywhere: Users can create claims at work, home or on the go.

  • Inventory Management: Tracks the value of a user's inventory and improves stock control.

Summary:

  • Manage your business anytime, anywhere.

  • Online collaboration with team members, accountants etc.

  • Integration with over 80 partner apps, including inventory management tools etc.

  • Gain oversight and see the big picture with over 20 reports to help understand your businesses financial health.

Summary:

    No key features associated with this application.

Pricing:

  • Credit card required: No
  • Starter: $20/month.
    Standard: $30/month.
    Premium: $40/month.
    30-day free trial.

FAQs:

    Who are the main user groups of this service?
  • Main user of this software are accountants and bookkeepers in small and medium-sized businesses across all industries.

  • What is this service generally used for?
  • Xero is used as a cloud-based accounting software for small and medium-sized businesses.

  • What platforms does this service support?
  • Web-based service with native mobile apps for iPhone, iPad or Android smartphone.

  • What are some applications this service is commonly used in tandem with?
  • It is most commonly used in tandem with WorkflowMax, CustomerSure, and Veeqo.

  • Does this service integrate with any other apps?
  • Xero integrates with hundreds of add-on business applications, from inventory management, invoicing and time tracking. Some of them: Batchbook, Quotient, Stripe, PayPal, WorkflowMax, Receipt Bank, Expensify, Evernote, Payment Evolution, Nexonia Expenses, Xpenditure, Constant Contact, Highrise CRM, Exsalerate, OnePage CRM.

  • Does this service offer an API?
  • Xero has an API available for use.

  • Does this service offer guides, tutorials and or customer support?
  • Support provided: Forum, Knowledge Base, Online Support, Video Tutorials.

FAQs:

    No FAQs associated with this application.

FAQs:

    No FAQs associated with this application.

Publisher:

Founded:
2006
Based in:
Wellington
Employees:
1001-5000
Likes:
Followers:

Publisher:

Founded:
-
Based in:
Mountain View
Employees:
-
Likes:
Followers:

Publisher:

Founded:
-
Based in:
Toronto
Employees:
-
Likes:
Followers:

Other:

Who uses Xero
  • Startups
  • SMEs
  • Enterprises
Desktop Platforms:
  • Web App
Mobile Platforms:
  • iOS
  • Android
Regional Restrictions:
No restrictions.

Other:

Regional Restrictions:
No restrictions.

Other:

Who uses Wave
  • Freelance
  • Startups
  • SMEs
Regional Restrictions:
No restrictions.
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