FreshBooks vs Xero

Which no-code tool is better for your project? Compare features, pricing, and more.

FreshBooks

FreshBooks

Accounting software built for owners.

4.5
Try FreshBooks
Xero

Xero

Beautiful accounting software for small businesses.

4.4
Try Xero

Quick Verdict

FreshBooks is best for freelancer invoicing and accounting. Xero is best for small business accounting. Not sure? Let our AI recommend the right one.

FeatureFreshBooksXero
PricingFrom $17/moFrom $15/mo
Pricing Modelpaidpaid
Rating4.5/54.4/5
AI Features✓ Yes✓ Yes
Founded20032006
Company Size500-10005000+
Key Features
  • Professional invoicing
  • Time tracking
  • Expense management
  • Project profitability tracking
  • Financial reports
  • Invoicing and quotes
  • Bank reconciliation
  • Expense claims and management
  • Financial reporting
  • Multi-currency support
IntegrationsStripe, PayPal, Gusto, ShopifyStripe, PayPal, HubSpot, Shopify

FreshBooks — Pros & Cons

Best invoicing experience for freelancers and service businesses
Extremely user-friendly — no accounting knowledge needed
Excellent time tracking built in
Strong mobile app
Not suited for complex accounting needs (inventory, manufacturing)
Limited reporting compared to QuickBooks or Xero
Pricing per client can add up

Xero — Pros & Cons

Beautiful, clean interface
Unlimited users on all plans
Strong multi-currency and international support
Large app marketplace (1,000+ integrations)
Starter plan limits invoices and bills
US payroll is less mature than QuickBooks
Some advanced features require expensive plans

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