DuelStack earns affiliate fees when you buy through our links. No vendor pays us to change a verdict.How we work →

Accounting

Xero

Accounting Software for Small Businesses

5.9/10★ 4.4/5From $5/mopaid-only

Xero is a cloud-based accounting platform for small businesses, enabling invoicing, bank reconciliation, expense tracking, and financial reporting. It supports real-time collaboration with accountants and integrates with over 1,000 apps. Trusted by millions worldwide for streamlined financial management.,

Visit Xero →

Key Features

✓
Bank reconciliation
✓
Expense tracking
✓
Financial reports
✗
Free plan
✓
Inventory tracking
✓
Invoicing
✓
Mobile app
✓
Multi-currency
✓
Payroll
✓
Tax preparation
✓
Third-party integrations
✗
Time tracking

Pricing

Early
$5.00/mo
Send quotes and up to 20 invoices†; Accept online invoice payments^; Enter up to 5 bills; Make online bill payments††; Reconcile bank transactions; Capture bills and receipts; View real-time reports; W-9 + 1099 management; Sales tax; Basic financial performance visualisation; 30 day cash flow forecast
Growing
$11.00/mo
Sends quotes and invoices; Accept online invoice payments^; Enter bills; Make online bill payments††; Auto-reconcile bank transactions (Beta); Capture bills and receipts; View real-time reports; W-9 + 1099 management; Sales tax; Visualize performance with graphs; 60 day cash flow forecast; Customize performance dashboards; Tailored financial health scorecards
Established
$18.00/mo
Sends quotes and invoices; Accept online invoice payments^; Enter bills; Make online bill payments††; Auto-reconcile bank transactions (Beta); Capture bills and receipts; View real-time reports; W-9 + 1099 management; Sales tax; Visualize performance with graphs; 180 day cash flow forecast; Customize performance with dashboards; Tailored financial health scorecards; Analyze KPIs and ratios; Use multiple currencies; Track projects; Claim expenses

Pros

  • +Multi-currency support
  • +Extensive app integrations
  • +Unlimited users on all plans
  • +User-friendly interface

Cons

  • −Higher tiers pricey
  • −Entry plan limits invoices/bills
  • −Limited phone support

Compare Xero vs...

XerovsFreshBooksXerovsQuickBooksXerovsWave AccountingXerovsZoho Books
See all Xero alternatives →Full Xero pricing breakdown →

Frequently asked questions

What is Xero?

Xero is a cloud-based accounting platform for small businesses, enabling invoicing, bank reconciliation, expense tracking, and financial reporting. It supports real-time collaboration with accountants and integrates with over 1,000 apps. Trusted by millions worldwide for streamlined financial management.,

How much does Xero cost?

Xero starts at $5.00/month.

Does Xero have a free plan?

No, Xero does not offer a free plan.

What are the best Xero alternatives?

Top alternatives compared with Xero include FreshBooks, QuickBooks, Wave Accounting.