QuickBooks Online vs Xero vs FreshBooks vs Wave
Every value comes from the product records. Facts we have not verified are marked, never guessed.
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QuickBooks Online
Accounting Software
- Score
- Not yet scored
- Price
- Flat rate from $38/mo
- Suits
- Solo, Small teams (2–50), Mid-size (51–500)
- Free option
- Free trial
Xero
Accounting Software
- Score
- Not yet scored
- Price
- Flat rate from $25/mo
- Suits
- Solo, Small teams (2–50), Mid-size (51–500)
- Free option
- None
- No preview yet
FreshBooks
Accounting Software
- Score
- Not yet scored
- Price
- Flat rate from $23/mo
- Suits
- Solo, Small teams (2–50)
- Free option
- None
- No preview yet
Wave
Accounting Software
- Score
- Not yet scored
- Price
- Free plan, paid from $19/mo
- Suits
- Solo, Small teams (2–50)
- Free option
- Free plan
Where they differ
3 facts that can decide it; identical facts are below- PricingQuickBooks Online: Flat rate from $38/moXero: Flat rate from $25/moFreshBooks: Flat rate from $23/moWave: Free plan, paid from $19/mo
- Free optionQuickBooks Online: Free trialXero: NoneFreshBooks: NoneWave: Free plan
- Team sizeQuickBooks Online: Solo, Small teams (2–50), Mid-size (51–500)Xero: Solo, Small teams (2–50), Mid-size (51–500)FreshBooks: Solo, Small teams (2–50)Wave: Solo, Small teams (2–50)
Everything else
Same on every product unless markedBasics
Scroll sideways to see every product.
| Basics | QuickBooks Online | Xero | FreshBooks | Wave |
|---|---|---|---|---|
| Pricing (products differ) | Flat rate from $38/mo | Flat rate from $25/mo | Flat rate from $23/mo | Free plan, paid from $19/mo |
| Pricing model (products differ) | Flat rate | Flat rate | Flat rate | Free plan available |
| Free plan (products differ) | No | No | No | Yes |
| Free trial (products differ) | Yes | No | No | No |
| Team size (products differ) | Solo, Small teams (2–50), Mid-size (51–500) | Solo, Small teams (2–50), Mid-size (51–500) | Solo, Small teams (2–50) | Solo, Small teams (2–50) |
| Category | Accounting Software | Accounting Software | Accounting Software | Accounting Software |
| Product type | SaaS | SaaS | SaaS | SaaS |
| Deployment | Cloud | Cloud | Cloud | Cloud |
Pricing
QuickBooks Online
- Simple Start$38/mo
Flat rate, 30-day trial
- Essentials$85/mo
Flat rate, 30-day trial
- Plus$140/mo
Flat rate, 30-day trial
- Advanced$340/mo
Flat rate, 30-day trial
Xero
- Early$25/mo
Flat rate
- Growing$55/mo
Flat rate
- Established$90/mo
Flat rate
FreshBooks
- Lite$23/mo
Flat rate
- Plus$43/mo
Flat rate
- Premium$70/mo
Flat rate
- SelectOn request
Contact sales
Wave
- StarterFree
Free
- Pro$19/mo
Flat rate
- Wave Advisors$149/mo
Flat rate
Features
Scroll sideways to see every product.
| Feature | QuickBooks Online | Xero | FreshBooks | Wave |
|---|---|---|---|---|
| Invoicing and quotes (products differ) | Not verified | Yes | Yes | Yes |
| Bank feeds and reconciliation (products differ) | Not verified | Yes | Yes | Yes |
| Expense and receipt tracking (products differ) | Not verified | Yes | Yes | Yes |
| Multi-currency (products differ) | Not verified | Yes | Not verified | Not verified |
| Tax and VAT reporting (products differ) | Not verified | Yes | Not verified | Not verified |
| Inventory tracking (products differ) | Not verified | Yes | Not verified | Not verified |
| Project and time tracking (products differ) | Not verified | Yes | Yes | Not verified |
| Payroll | Yes | Yes | Yes | Yes |
Integrations
Scroll sideways to see every product.
| Integration | QuickBooks Online | Xero | FreshBooks | Wave |
|---|---|---|---|---|
| Mailchimp (products differ) | Native | Not listed | Not listed | Not listed |
| PayPal (products differ) | Native | Not listed | Not listed | Not listed |
| QuickBooks (products differ) | Native | Native | Not listed | Native |
| Shopify (products differ) | Native | Not listed | Not listed | Not listed |
| Xero (products differ) | Not listed | Native | Not listed | Native |
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