Compare Xero vs. FreshBooks

Today’s businesses want the most effective Accounting & Finance product to stay competitive. On this page we help you with choosing the right Bear in mind to choose the software that best addresses your most crucial issues, not the software with the most robust features. Those of you who are pressed for time or would like to get a Accounting Software recommendation from our experts may want to examine these top choices for the current year: FreshBooks, Xero, Zoho Books.
Software

Xero

VS

FreshBooks

VS

Xero screenshot FreshBooks screenshot
Pricing Details

Our Score

Our Score

9.7 ?

Our Score

9.8 ?

Client Experience

Client Experience

Client Experience

97% ?

Client Experience

99% ?

Pricing

Pricing

$9

$15

Pricing Model

Pricing Model

Monthly payment Monthly payment | Annual Subscription
Complete Review

Complete Review

General Info

General Info

Winner of 2017 Expert's Choice Award. A popular online accounting app that is designed to meet the requirements of small and medium businesses across multiple industries.
Winner of 2016 Best Accounting Software Award. One of the best cloud accounting solutions for small business that makes billing easy and effective.
Useful Links
Support Types

Support Types

Phone Live Support
Ticket Training
Phone Live Support
Ticket Training
Vendor Email

Vendor Email

support@xero.com info@freshbooks.com
Prominent Clients

Prominent Clients

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

Pricing Details

Learn more about Xero pricing Learn more about FreshBooks pricing
Pricing Info

Pricing Info

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 – $9/month

  • 5 Invoices and Quotes
  • 5 Bills
  • 20 Bank Transaction

Standard – $30/month

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

Premium 10 – $70/month

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

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.

Contact Address

Contact Address

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

OS Supported

Windows
Android
iPhone/iPad
Mac
Web-based
Windows
Android
iPhone/iPad
Mac
Web-based
Languages Supported

Languages Supported

USA, UK, Canada, International USA, UK, Canada, International, China, Germany, India, Japan, Spain, France, Russia, Italy, Dutch, Portugal, Polish, Turkish, Swedish
Contact Phone

Contact Phone

+1-866-303-6061
Available Features

Available Features

Xero FEATURES

  • Bank reconciliation
  • Contacts – Keep track of suppliers and customers
  • Dashboard
  • 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
  • Fixed assets
  • GST returns

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
Supported Integrations

Supported Integrations

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

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
Types of Customers

Types of Customers

Small Business | Freelancers Small Business | Freelancers
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Popular Alternatives

Popular Alternatives

QUICK LINKS

QUICK LINKS

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All the data, details and opinions that we offered in this comparison were gathered from official vendor pages, marketing content available online, real-life experience from real users as well as our own everyday use of every software by an expert. We do our best to extensively test every solution, as a result we not only analyze it ourselves, but we also correlate our observations with opinions of other users from the B2B community.