Compare FreshBooks vs. Xero

When comparing FreshBooks and Xero, you can easily see which Accounting & Finance product is the more suitable choice. This ensures that your organization can select the most productive and efficient application. You can study the details, such as available tools, costs, plans offered by each vendor, offer stipulations, and more We also let you evaluate their general scores to know which one appears to be more beneficial for your firm. FreshBooks has 9.8 points for overall quality and 99% rating for user satisfaction; while Xero has 9.3 points for overall quality and 97% for user satisfaction. You can also check which vendor is more reliable by sending an email request to both and see which one replies faster. At this time, the best products in our Accounting Software category are: FreshBooks, Brightpearl, Intacct.
Compare

FreshBooks

VS

Xero

VS

Our Score

Our Score

9.8 ?

Our Score

9.4 ?

Client Satisfaction

Client Satisfaction

99% ?

Client Satisfaction

97% ?

Price

$15

$25

Price Scheme

Monthly payment | Annual Subscription Monthly payment
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Full Review

Overview

Winner of 2016 Best Accounting Software Award. One of the best cloud accounting solutions for small business that makes billing easy and effective.
Xero is an online accounting app that is designed to meet the requirements of small businesses across multiple industries.

Pricing Plans

FreshBooks offers a flexible SMB and enterprise pricing scheme where plans are tailored to suit the needs of every business or small accounting team. What is more, the company offers a 30-day free trial where you can examine the features prior to choosing the most suitable plan. The difference between plans depends on the number of active clients you intend to bill, while functionalities remain the same allowing you to:

  • Customize and send unlimited invoices
  • Invoice status tracking and updates
  • Automatic late payment reminders and fees
  • Easily accept online credit card payments
  • Easily add and categorize expenses
  • Track your time by project and clients
  • Clear and simple reports and dashboards
  • Work on any device – computer, tablet or mobile
  • Data that’s 100% secured and automatically backed up

These are the pricing details for each available plan:

Lite – $15/month

  • Bill up to 5 active clients

Plus – $25/month

  • Bill up to 50 active clients

Premium – $50/month

  • Bill up to 500 active clients

Note that the company also offers discounts for annual payment.

Xero provides its clients with a 30-day free trial and three SMB and enterprise pricing plans to choose from. Here are the details:

Starter – $25/month

  • 5 Invoices and Quotes
  • 5 Bills
  • 20 Bank Transactions
  • 1 Payroll

Standard – $50/month

  • Unlimited Invoices and Quotes
  • Unlimited Bills
  • Unlimited Bank Transactions
  • 5 Payrolls

Premium 5 – $60/month

  • Unlimited Invoices and Quotes
  • Unlimited Bills
  • Unlimited Bank Transactions
  • 10 Payrolls
  • Multi-Currency
  • Auto superannuation

Popular Clients

Chocosol, Giant Robot Engine, InfluAds, Mimic Interactive Crush + Lovely, Three Babes Bakeshop, CEP, New Zealand Drug Foundation

Vendor Email

info@freshbooks.com support@xero.com

Contact Address

35 Golden Avenue, Suite 105
Toronto, ON M6R 2J5
Canada
101 Green St., 5th Floor
San Francisco, CA 94111
USA

List of Features

FreshBooks FEATURES

Online Invoicing
  • Customizing your invoice
  • Tracking Invoice Views
  • Puting Business on Auto-Pilot
  • Getting paid with deposits
  • Getting paid with credit cards
  • Customizing due dates
  • Quick discounts
  • Estimates
  • Online Payments
  • Late Payment Fees
  • Recurring Invoices & Auto Payment
  • Multi Currency & Multi Language
  • Client Portal
  • Late Payment Reminders
  • Sales Taxes
  • Client Credit
  • Track Offline Payments
  • Send Emails or Snail Mail
  • Automated Tax Circulations
  • Invoice Previews
  • Knowing when the customer has seen the invoice
Expense Tracking
  • Automatic expense import
  • Snaps
  • Tracking spending per project
  • Remember vendors
  • Tax friendly categories
  • Easy-to-read categorization
  • Attach receipts (PDF or Image)
  • Expense Report Filters
  • File import
  • Recurring Expenses
  • Assign & Rebill Expenses
Time Tracking
  • Timer
  • Team timesheets
  • Clear breakdown of the day
  • Tracking against clients and projects
  • Detailed Time entry notes
  • Automated bills for tracked hours per project
  • Project Managers
  • Track Unbilled Time
  • Different Rates for each Project
  • Generate Invoices
Projects
  • Sharing images and files
  • Collaborating with clients, contractors, and employees
  • Project due dates
  • Centralized conversations
  • Current Project overviews
Payments
  • MasterCard, Visa, and American Express
  • Quick bank deposits
  • Automatically recorded payments
  • Fees recorded as expenses
  • Single-click setup
  • Safe & secure
  • Simple payment experience
Accounting Reports & Taxes
  • Accounts Aging
  • Profit & Loss
  • Balance Sheet
  • Expense Reports
  • Item Sales
  • Sales Tax
  • Export to CSV or Excel
  • Invoice Details Reports
  • Accounts Aging Reports
  • Filters for report customization
  • Summary of outstanding revenue
  • Clear spending breakdowns

Xero FEATURES

  • Add-ons – Choose from a wide range of powerful add-ons
  • Bank reconciliation – Automatically import and code transactions
  • Contacts – Keep track of suppliers and customers
  • Dashboard – Instantly view your bank balances, sales and bills
  • Expense claims
  • Files – Attach documents to your financial data
  • Financial reporting
  • Free, unlimited email support
  • Inventory
  • Invoicing – Create and send invoices automatically
  • Log in from anywhere
  • Mobile apps (Android, iPhone/iPad)
  • Multi-currency
  • Online accounting – Access Xero anytime, anywhere
  • Payroll
  • Purchase orders
  • Quick and easy 1099s
  • Receive bills electronically
  • Smart lists – Segment contacts based on purchase history
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Languages

USA, UK, Canada, International, China, Germany, India, Japan, France USA, UK, Canada, International

Available Integrations

FreshBooks integrates with the following business systems and applications:

  • Google Apps for Work
  • Gusto
  • OneSaas
  • Shopify
  • Stripe
  • Capsule
  • Acuity Scheduling
  • Partial.ly
  • hurdlr
  • You don’t need a CRM!
  • Yalla
  • 123 Form Builder
  • Revamp CRM
  • EazyBI
  • FUNDBOX
  • Zapier
  • HubSpot
  • Braintree
  • Solve
  • Zendesk
  • LiveChat
  • Automatic
  • MileIQ
  • ReceiptBank
  • Xpenditure
  • Wufoo
  • MailChimp
  • Authorize.net
  • PayPal
  • PAYMENTEVOLUTION
  • Basecamp
  • Citrix Podio
  • Bidsketch
  • Proposify
  • Blacktimer
  • Chrometa
  • ChronoMate
  • Hours
  • toggl
  • Avalara TrustFile
  • RightSignature

Xero has over 400 partners that help make its software work seamlessly with the business software used by their customers, resulting in a better, more efficient customer experience. Current integrations include:

  • Zenpayroll
  • Squarespace
  • Evernote
  • Stripe
  • Expensify
  • PayPal
  • ADP
  • Stich Labs
  • Square
  • Kabbage
  • Deputy
  • Vend
  • Bill
  • Workflow Max
  • Bode Tree
  • Harvest
  • Mogul
  • rPOS by RPG
  • Neatly
  • Expandly
  • Synergy 8
  • Mentio Business Mentor
  • Fishbowl Manufacture and Warehouse
  • Automatic Mileage Expensing
  • Boomr
  • Carbon Analytics
  • Stripe by Commerce Sync
  • Pennypipe
  • Red Arc System
  • MRPEasy
  • Volusion by Vextras
  • Ranqx

Customer Support

Phone
Training
Phone Live Support
Ticket Training

Business Size

Small Business | Freelancers Small Business | Freelancers

Contact No.

+1-866-303-6061

Pricing Page

Learn more about FreshBooks pricing Learn more about Xero pricing

Available Devices

Windows
Android
iPhone/iPad
Mac
Web-based
Windows
Android
iPhone/iPad
Mac
Web-based
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All the data, information and statistics that we presented in this comparison were taken from official company websites, advertising resources available online, real-life experience from real users as well as our own hands-on use of every software by a professional reviewer. We put a lot of effort to comprehensively study every solution, therefore we not only examine it on our own, but we also compare our results with views of other members from the SaaS community.