Freshbooks vs Xero

The main difference between Freshbooks and Xero is that Freshbooks offers a money back guarantee for 30 days but Xero does not offer this.

In this versus, we compare Freshbooks vs Xero in-depth to help you choose one of them. If you want to know more details, we recommend you to read our Freshbooks review and Xero review.

However, you can also directly find the Best Accounting Software, we list them by ranking (based on our review rating), you can find all the comparisons we made and we explain how you should choose the proper one.

Here is what we will talk about in the rest of this article:

Quick overview

vs at a Glance

To make your choice quick and efficient, here is a short summary about our comparison of Xero vs Freshbooks. Find out their ratings, features, prices and then discover the winner of the versus.

Pros and Cons comparison

9.3
Freshbooks Review, Pricing, Features with Pros and Cons

Freshbooks Review, Pricing, Features with Pros and Cons

In this Freshbooks review, you’ll find more information about its features, pricing, pros and cons and why you should …
Average Score 9.3
Customer support
9.1
Value for money
9.3
Ease of use
9.4
Features
9.3
PROS:
  • Easy-to-navigate platform
  • Feature-rich
  • Simplified tax filing
  • Mobile app
  • Cloud-based
CONS:
  • Client limitations
  • Additional costs for team members
  • Limitations for larger teams
9
Xero Review – Accounting Software

Xero Review – Accounting Software

In this Xero review, you’ll find more information about its features, pricing, pros and cons and why you should …
Average Score 9
Customer support
8.6
Value for money
9.1
Ease of use
9
Features
9.2
PROS:
  • 30-day free trial
  • Automatic bank feeds
  • Excellent customer support
  • User-friendly interface & easy setup
CONS:
  • Users need to pay an extra fee to a payroll processor such as Gusto
  • Multiple currencies only available with the premium plan

Specifications comparison

DetailsFreshbooksXero
FeaturesAdd-Ons / Business and Client Management / Client File Portal and Team Collaboration / Invoice Management / Invoicing and Follow-ups / Manage Expenses Effortlessly / Mobile app / Time TrackingAnalytics / Bank Connections / Manage Expenses Effortlessly / Multi-Currency / Track & Pay Bills
Best suited forIndividuals, Freelancers, Small businessesSmall businesses, Mid size businesses
Website languagesEnglishEnglish
Website URLVisit official websiteVisit official website
Support linkSupport pageSupport page
Support emailsupport@freshbooks.comcontact@xero.com
Live chatYesYes
Company addressN/ATe Aro, Wellington
Year founded20002006

Pricing comparison

Compare the price between vs

Find out which software has the best valuable pricing, which one offers a free trial and money back guarantee.

Pricing comparisonFreshbooksXero
Pricing rangeFrom $8.50 to $27.50 per monthFrom $25 to $54 per month
Pricing typesAnnual subscription / Monthly subscriptionMonthly subscription
Free planNoNo
Free trialYes, 30 daysYes, 30 days
Money back guaranteeYes, 30 daysNo
Pricing page linkSee plansSee plans

Freshbooks Pricing details

Discover the perfect FreshBooks plan tailored to your business needs, all within a budget-friendly range of $8.50 to $27.50 per month (with custom pricing for advanced needs). Whether you’re a solo entrepreneur or a thriving business, FreshBooks offers a spectrum of features at competitive prices.

Freshbooks pricing

Lite Plan – $8.50 USD/month (50% off for 5 months, originally $17.00)

    • Send unlimited invoices to up to 5 clients.
    • Track unlimited expenses.
    • Send unlimited estimates.
    • Accept payments via credit cards and bank transfers.
    • Accessible reports for tax time.
    • Mobile access on iOS and Android.
    • Add-ons:
      • Team Members: $11 per user per month.
      • Advanced Payments: $20 per month.
      • Gusto Payroll: Contact specialists for details.

Plus Plan – $15.00 USD/month (50% off for 5 months, originally $30.00)

    • All features from Lite Plan.
    • Send unlimited invoices to up to 50 clients.
    • Automatic expense tracking and receipt data capture.
    • Email receipts directly to your account.
    • Set up recurring bills and client retainers.
    • Business health, financial, and accounting reports.
    • Mobile mileage tracking.
    • Add-ons:
      • Team Members: $11 per user per month.
      • Advanced Payments: $20 per month.
      • Gusto Payroll: Contact specialists for details.

Premium Plan – $27.50 USD/month (50% off for 5 months, originally $55.00)

    • All features from Plus Plan.
    • Send unlimited invoices to an unlimited number of clients.
    • Track bills, bill payments, and vendors.
    • Customize email templates and signatures.
    • Automatic late payment reminders and billing of late fees.
    • Add-ons:
      • Team Members: $11 per user per month.
      • Advanced Payments: $20 per month.
      • Gusto Payroll: Contact specialists for details.

Select Plan – Custom Pricing (Talk to a specialist)

    • All features from Premium Plan and more
    • Access to lower credit card transaction fees and capped bank transfer fees.
    • Start with 2 team member accounts.
    • Dedicated account manager and custom onboarding services.
    • Remove FreshBooks branding from client emails.
    • Exclusive support via a dedicated number.

Each plan offers a free trial option, allowing users to test the platform before committing to a subscription.

Xero Pricing details

Xero offers three different pricing plans that are tailored to meet the needs of different types of businesses. The first subscription plan is the starter plan which costs $25 per month; it’s best for new businesses, sole traders, and the self-employed. Another is the standard plan costs $40 per month, perfect for growing small businesses. The final is a premium plan which costs $54 per month; this plan is ideal for established businesses of all sizes. Features that it offers with every plan include files, purchase orders, reporting, back connections, sales tax, and inventory.

Xero Pricing

Starter Plan ($25 per month):

  • Enter five bills
  • Send quotes and 20 invoices
  • Short-term cash flow and business snapshot
  • Reconcile bank transactions
  • Capture receipts & bills with Hubdoc

Standard Plan ($40 per month):

  • Enter bills
  • Send invoices & quotes
  • Bulk reconcile transactions
  • Everything in the starter plan

Premium Plan ($54 per month):

  • Everything in the starter & standard plan
  • Use multiple currencies

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