

The desktop version is free, the cloud version is on subscription basis. Manager has a desktop version and a cloud version. At the time of writing this article, Xero is the same - only offering basic products - but Xero allows other inventory intensive software programs to connect to Xero to push the right financial details through. If you are looking for intensive inventory tracking, this is not the right program for you. You can do basic inventory tracking but will have to do journals as a work around.



The Dashboard displays your Bank Account balances (where you click on Update Now to get the new transactions from your bank), A Financial Snapshot showing a chart of Income vs Expenses, Setting Tips, a summary of bills you owe and what's owed to you, a summary of your Net Income, and a colorful wheel chart comparing business expenses.You can access Wave from your smartphone.Connect your bank account to Wave and have your transactions uploaded automatically at the press of a button you still have to allocate each transaction to the relevant income or expense account but this process is the same as what you have to do with QuickBooks or Xero.Wave Accounting is a great accounting program for small businesses who offer services of some sort, or who sell products but don't need to track inventory, or can track inventory in another program. This one is an online program so will be compatible with any computer system with an internet browser. As of 30 November 2020 Wave is Only Available for Businesses inside the USA and Canada.
