Compare
Review up to 6 products side by side.
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Wave
Wave
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QuickBooks Online
Intuit
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FreshBooks
FreshBooks
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Xero
Xero
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|---|---|---|---|---|
| Head-to-head in this comparison | ||||
| Advantages |
Free plan available
Lowest starting price here ($16 / month)
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Vendor is publicly listed — audited financial disclosure
Largest vendor (18,800 employees)
Longest track record — vendor founded 1983
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Only one here with Quotes & proposals
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Only one here with Webhooks
Vendor is publicly listed — audited financial disclosure
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| Drawbacks |
Lacks API access, Two-factor authentication, Role-based access +7 more — offered by others here
No public adoption figures
Narrowest feature scope (7)
Least established — vendor founded 2010
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No free plan
No public adoption figures
Highest starting price here ($35 / month)
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Lacks Role-based access, Audit log, Workflow automation +2 more — offered by others here
No free plan
No public adoption figures
Smallest vendor (500 employees) — check support capacity
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Lacks Time tracking — offered by others here
No free plan
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| Editorial assessment | ||||
| Strengths |
Free core invoicing and accounting
Simple setup for freelancers
Integrated online payments
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Large ecosystem of apps and accountants
Strong bank feeds and reconciliation
Covers invoicing, expenses and reporting well
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Very easy invoicing for service businesses
Built-in time tracking and project billing
Responsive customer support
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Unlimited users on all plans
Clean interface with strong bank reconciliation
Large marketplace of integrations
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| Considerations |
Limited features for growing businesses
Few third-party integrations
Support options are limited on the free plan
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Costs rise as you move to higher tiers
User limits on lower plans
Mainly tailored to US accounting practices
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Limited inventory and advanced accounting features
Client limits on lower plans
Extra team members cost more
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Lower plans limit invoice and bill volume
Payroll availability depends on region
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| Product & company facts | ||||
| Deloitte alliance | ✕ | ✕ | ✕ | ✕ |
| Rating | — | — | — | — |
| Starting price | $16 / month | $35 / month | $21 / month | $20 / month |
| Pricing model | Freemium | Subscription | Subscription | Subscription |
| Free plan | ✓ | ✕ | ✕ | ✕ |
| Free trial | ✓ | ✓ | ✓ | ✓ |
| Open source | ✕ | ✕ | ✕ | ✕ |
| Deployment | Cloud (SaaS) | Cloud (SaaS) | Cloud (SaaS) | Cloud (SaaS) |
| Platforms | Web, iOS, Android | Web, iOS, Android | Web, iOS, Android | Web, iOS, Android |
| Turkish interface | ✕ | ✕ | ✕ | ✕ |
| Target size | Freelancer, Small business | Freelancer, Small business, Mid-market | Freelancer, Small business | Freelancer, Small business, Mid-market |
| Industries served | — | — | — | — |
| Active users | — | — | — | — |
| Customers | — | — | — | 4.4M |
| Vendor employees | — | 18,800 | 500 | 4,500 |
| Headquarters | Toronto, CA | Mountain View, CA, US | Toronto, CA | Wellington, NZ |
| Founded | 2010 | 1983 | 2003 | 2006 |
| Categories | Accounting, Invoicing & Billing | Accounting, Invoicing & Billing | Accounting, Invoicing & Billing | Accounting, Invoicing & Billing |
| Features | ||||
| AI features | — | ✓ | — | ✓ |
| Workflow automation | — | ✓ | — | ✓ |
| Bank integration | ✓ | ✓ | ✓ | ✓ |
| Expense tracking | ✓ | ✓ | ✓ | ✓ |
| Multi-currency | — | ✓ | ✓ | ✓ |
| Online payments | ✓ | ✓ | ✓ | ✓ |
| Recurring billing | ✓ | ✓ | ✓ | ✓ |
| API access | — | ✓ | ✓ | ✓ |
| Integrations marketplace | — | ✓ | ✓ | ✓ |
| Webhooks | — | — | — | ✓ |
| Inventory tracking | — | ✓ | — | ✓ |
| Mobile app | ✓ | ✓ | ✓ | ✓ |
| Time tracking | — | ✓ | ✓ | — |
| Custom reports | ✓ | ✓ | ✓ | ✓ |
| Dashboards | ✓ | ✓ | ✓ | ✓ |
| Quotes & proposals | — | — | ✓ | — |
| Audit log | — | ✓ | — | ✓ |
| Role-based access | — | ✓ | — | ✓ |
| Two-factor authentication | — | ✓ | ✓ | ✓ |
Feature marks are based on our curated data; “—” means not verified, not necessarily missing. Head-to-head points are derived from this data relative to the selected products; editorial points are curated summaries.