Xero and Wave are two popular accounting softwares. While Xero is more popular and is a more established software application, Wave has gained popularity in recent years and has a strong following of personal finance enthusiasts as well.
Both are amazing accounting softwares and help bookkeepers and accountants to track transactions, do reconciliation and generate reports in real-time to present to clients.
Pros of Xero
Pros of Wave
This depends on a few things. Firstly, are you a small business owner? Are you an individual simply looking to track your personal finances? In that case, you might want to choose Wave.
But if you’re a professional accountant or bookkeeper for a large firm, you might want to go with Xero instead.