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Accounting

Wave Accounting vs Xero: Pricing Comparison 2026

Side-by-side pricing comparison of Wave Accounting and Xero. See all plans, features, and costs at a glance.

Bottom line: Wave Accounting starts at Custom pricing and Xero starts at $25/mo. Compare all 4 pricing tiers side by side.

Last updated: June 8, 2026

Data compiled by Arthur Jacquemin
Updated June 8, 2026
Try Wave Accounting freeTry Xero freeAffiliatePrice updated yesterdayPrice updated 8d ago
Best Value

Xero - Xero offers 3 tiers vs 1.

Wave Accounting vs Xero: Quick Pricing Facts

FeatureWave AccountingXero
Starting PriceCustom pricing$25/mo
Number of Plans13
Free TierNoNo
Pricing Modelfreemiumper-seat
Annual DiscountN/AN/A

Wave Accounting and Xero are both priced at Custom pricing, making them equally accessible Accounting tools. Together they offer 4 pricing plans with 26 features compared, so the best choice comes down to which features match your needs.

Wave Accounting uses freemium pricing while Xero uses per-seat pricing, which may affect your total cost at scale.

Review the detailed tier-by-tier comparison above to see exactly which features are included at each price point and find the best fit for your Accounting needs.

Pricing Plans
Wave Accounting
Wave Accounting
Try free
Xero
Xero
Try freeAffiliate
Tier 1
Compare full plan features
Custom pricing
Includes
  • automatically, via Wave
  • via links or PDFs
Start with Compare full plan features
Early
$25/monthCheapest
Includes
  • Send quotes and 20 invoices†
  • Accept online invoice payments^
  • 5 bills
  • Reconcile bank transactions
  • Capture bills and receipts with Hubdoc
  • View real-time reports
  • W-9 + 1099 management
  • Sales tax
  • Visualize performance with basic graphs
  • 30 day cash flow forecast
  • Make online bill payments††
Start with Early
Tier 2
-
Growing
$55/monthCheapest
Includes
  • Send invoices and quotes
  • Automate bill entry and track bills
  • Auto-reconcile bank transactions (Beta)
  • Visualize performance with graphs
  • 60 day cash flow forecast
  • Customize performance dashboards
  • Tailored financial health scorecards
Start with Growing
Tier 3
-
Established
$90/monthCheapest
Includes
  • 180 day cash flow forecast
  • Analyze KPIs and ratios
  • Use multiple currencies
  • Track projects
  • Claim expenses
  • Benchmark against the industry
Start with Established

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Wave Accounting

View all Wave Accounting plans

Xero

Cloud-based accounting platform with unlimited users on every plan, designed for small businesses and accountants

View all Xero plans

Frequently Asked Questions: Wave Accounting vs Xero

How many pricing plans does Wave Accounting have vs Xero?
Wave Accounting offers 1 pricing plan, while Xero offers 3 plans. More plans typically means more flexibility to match your exact needs and budget.
Does Wave Accounting or Xero offer custom enterprise pricing?
Wave Accounting offers a custom-priced enterprise tier for larger teams. Xero lists all its pricing publicly.
What pricing models do Wave Accounting and Xero use?
Wave Accounting uses a freemium pricing model, while Xero uses per-seat pricing. The right model depends on your team size and usage patterns.
How do Wave Accounting and Xero compare for Accounting?
Both Wave Accounting and Xero are Accounting tools. Wave Accounting offers 1 plan starting at Custom pricing, while Xero offers 3 plans starting at $25/mo. Review the feature breakdowns above to see which better fits your Accounting needs.
AI Recommendations

Sources

  1. Wave Accounting Official Pricing- Vendor pricing page
  2. Xero Official Pricing- Vendor pricing page

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