Originally Posted by
Anonymous
Also, having heard Wave talked up on this site about a year ago I have tried it on another small venture I have which I was previously just using a spreadsheet for and have kept using Wave for almost a year now. Wave does not come close to being competition for Xero and I do not believe you could get by using Wave for a serious business. Wave's market is solely for people wanting a free basic service and don't mind the advertising. I agree Xero is missing out on that lower end market by not offering a cheap service but is that really where the money is made anyway?
In saying all that, I am about to have a fight with Xero as I close down one of the companies and want to maintain access to the data for 7 years which Xero is trying to refuse me. If anyone has any experience in this regard please let me know.