Homeโ€บXero vs FreshBooks
Updated March 2026 ยท Independent Analysis

XerovsFreshBooks

FreshBooks starts at $21/mo, 16% cheaper than Xero's $25/mo. FreshBooks is rated higher at 4.5/5 vs Xero's 4.3/5.

X
Xero

Cloud-based accounting software for small businesses and accountants

โ˜… 4.3/5Founded 20064.2M+ subscribers users
Try Xero Free โ†’
F
FreshBooks

Accounting software built for freelancers and small service businesses

โ˜… 4.5/5Founded 200330M+ users users
Try FreshBooks Free โ†’

โšก Quick Stats

โญ
Avg Rating
Xero4.3/5
๐Ÿ† FreshBooks wins
๐Ÿ’ฐ
Starting Price
Xero$25/mo
๐Ÿ† FreshBooks wins
๐Ÿ”ง
Features
๐Ÿ† Xero wins
๐ŸŽ
Free Plan

๐Ÿ“Š Ratings Breakdown

X

Xero

4.3/5 avg
G2 Score4.3/5
Capterra Score4.4/5
Overall Avg4.35/5
F

FreshBooks

4.5/5 avg
G2 Score4.5/5
Capterra Score4.5/5
Overall Avg4.5/5

โšก Quick Verdict

Independent analysis based on features, pricing, and user ratings

Choose Xero if you need:
  • โœ“ Expense Claims
  • โœ“ Payroll
  • โœ“ Inventory
  • โœ“ Purchase Orders
  • โœ“ Project Tracking
Try Xero Free โ†’
Choose FreshBooks if you need:
  • โœ“ Expense Tracking
  • โœ“ Time Tracking
  • โœ“ Project Management
  • โœ“ Estimates & Proposals
  • โœ“ Online Payments
Try FreshBooks Free โ†’

๐Ÿ”ง Feature Comparison

Xero uniquely offers Expense Claims, Payroll, Inventory. FreshBooks uniquely offers Expense Tracking, Time Tracking, Project Management. Both share 5 features including Invoicing, Bank Reconciliation, Financial Reports.

Feature
Xero
FreshBooks
Invoicing
โœ“
โœ“
Bank Reconciliation
โœ“
โœ“
Financial Reports
โœ“
โœ“
Multi-currency
โœ“
โœ“
Mobile App
โœ“
โœ“
Expense Claims
โœ“
โœ—
Payroll
โœ“
โœ—
Inventory
โœ“
โœ—
Purchase Orders
โœ“
โœ—
Project Tracking
โœ“
โœ—
Fixed Assets
โœ“
โœ—
Hubdoc (Receipt capture)
โœ“
โœ—
1000+ Integrations
โœ“
โœ—
Bank Connections
โœ“
โœ—
Tax Filing
โœ“
โœ—
Expense Tracking
โœ—
โœ“
Time Tracking
โœ—
โœ“
Project Management
โœ—
โœ“
Estimates & Proposals
โœ—
โœ“
Online Payments
โœ—
โœ“
Double-entry Accounting
โœ—
โœ“
Receipt Capture
โœ—
โœ“
Automated Late Reminders
โœ—
โœ“
Client Portal
โœ—
โœ“
200+ Integrations
โœ—
โœ“
Total Features
15
15

๐Ÿ’ฐ Pricing Comparison

FreshBooks starts at $21/mo, 16% cheaper than Xero's $25/mo.

X

Xero Plans

Paid plans only

EarlyBest Value
$25/mo
  • โ€ข 20 invoices
  • โ€ข 5 bills
  • โ€ข Bank reconciliation
Growing
$55/mo
  • โ€ข Unlimited invoices
  • โ€ข Bulk reconciliation
Established
$90/mo
  • โ€ข Multi-currency
  • โ€ข Expense claims
  • โ€ข Advanced analytics
Full Xero pricing breakdown โ†’
F

FreshBooks Plans

Paid plans only

LiteBest Value
$21/mo
  • โ€ข 5 billable clients
  • โ€ข Invoicing
  • โ€ข Expense tracking
Plus
$43/mo
  • โ€ข 50 clients
  • โ€ข Proposals
  • โ€ข Recurring billing
Premium
$76/mo
  • โ€ข Unlimited clients
  • โ€ข Project profitability
Select
Custom
  • โ€ข 500+ clients
  • โ€ข Dedicated support
Full FreshBooks pricing breakdown โ†’
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