Plans and Pricing
Compare pricing of Wave vs Compare with the following detailed pricing plan info. Wave comes in 2 packages: Foundation, Strength. On the other hand, Compare has not provided information about its pricing.
Payroll (add-on, US)
$ $40/month + $6 per active employee or contractor
Upto 100 Employees
Payroll (add-on, Canada)
$ $25 CAD/month + $6 per active employee or contractor
Upto 100 Employees
Screenshot
Take a look at the below screenshots and seamlessly compare the user interface of Wave and Xero Payroll for better insights.
Features
Compare between Wave and Xero Payroll on their key features and functionalities to pick the right one for your business.
- Free double-entry accounting and bookkeeping
- Unlimited invoice and estimate creation with customizable branding
- Online invoice payments via credit card, bank transfer, and Apple Pay
- Automatic bank transaction import and categorization (Pro plan)
- Receipt scanning and expense tracking
- Payroll with direct deposit for employees and contractors (US and Canada, add-on)
- Automatic payroll tax calculations, payments, and filings in supported US states
- W-2/1099 (US) and T4/T4A (Canada) tax form generation
- Employee self-serve portal for pay stubs and tax documents
- Cash flow, profit and loss, and other financial reports
- Payroll processing across all 50 US states via the Gusto integration
- Automated federal, state, and local payroll tax calculations, payments, and filings
- Automatic W-2 and 1099 generation and filing
- Next-day direct deposit for employee wages
- Unlimited payroll runs and support for multiple pay rates (hourly, salaried)
- Payroll on Autopilot for automatic recurring pay runs
- Employee self-service portal for pay stubs, tax forms, and personal detail updates
- Automated payday email notifications to employees
- Two-way data sync between Gusto and Xero for payroll journals and reconciliation
- Digital, cloud-based storage of pay records and tax forms
Additional Details
| Details | Wave | Xero Payroll |
|---|---|---|
| Languages | english | english |
| Country | Canada | new zealand |
| API Available | ✖ | ✔ |
| Run On Mobile Browser | ✔ | ✔ |
| Free Plan | ✔ | ✖ |
| Customization | ✔ | ✔ |
| Support | Email, Live Support | Email, Live Support, Tickets |
| Target Audience | freelancers, startups, smes | freelancers, startups, smes |
| Platforms | web app | web app |
| Subscription Plans | Monthly | Monthly |
| Deployment | cloud based | cloud based |