Wave vs FEXCO: Which Is Better Accounting Software?

We compare them based on real user reviews, prices and what features they both offer.

Wave vs FEXCO Basics

	Wave	FEXCO
Software Website	Wave Website	FEXCO Website
HMRC MTD Status	Not Included	Not Included
Who Can Use It?	Businesses and Self-employed	Businesses
HMRC Listed Features	None	Employee expense automation
Platforms	Web-based application, Android, iOS	All/web based

Note data for this section comes from HMRC here and here

Wondering if Wave or FEXCO has better user reviews. We compared them below.

	Wave	FEXCO
Trustpilot Rating	1.6	No Rating
Number of Trustpilot Reviews	126	No Reviews
iPhone App Rating	4.5	No Rating
Number of iPhone Reviews	5700	No Reviews
Android App Rating	4.7	No Rating
Number of Android Reviews	23000	No Reviews

Please note ratings we’re accurate at the time of writing but may have since changed

Which is cheaper Wave or FEXCO? Here are their prices compared.

Data taken from each company’s website at the time of writing but may have since changed.

Data taken from each company’s website at the time of writing but may have since changed.

	Wave	FEXCO
Payroll Software Integration	Yes	No
Track VAT	Yes	No
VAT Filing	Yes	No
Real-Time Financial Reports	Yes	Yes
Prepare Self Assessment	Yes	No
Income Tax Estimates	Yes	No
Manage Income & Expenses	Yes	No
Create Invoices	Yes	No
Forecast Cash Flow	Yes	Yes
Accept and Make Payments In Different Currencies	Yes	Yes
Employee Time Tracking	No	No
Projects	No	No
Bank Feed Integration	Yes	Yes
End of Year Filings	Yes	No
Capture Bills And Receipts	Yes	No
Bulk Reconcile Transactions	Yes	Yes
Track Inventory & Stock Levels	No	No

	Wave	FEXCO
Pros	User Friendly Meets Business Needs Pricing User Interface One Stop Shop	Dynamic Currency Conversion Leading retail provider of FX services across the UK and Ireland Omnichannel solutions for card payments and alternative payment methods
Cons	Customer Service Expensive Not User Friendly Takes Time Learning Curve	Lack of reviews No app No pricing on website