FreshBooks vs Xero

Updated 2026 — Side-by-side comparison of features, pricing, and scores.

7.7/10

Great

Ease of Use9

Value for Money7.5

Support8.5

Features7.5

Scalability6.5

Integrations7

8.3/10

Great

Ease of Use8.5

Value for Money7.5

Support7.5

Features9

Scalability8.5

Integrations9

Feature Comparison

Feature	FreshBooks	Xero
Invoicing	✓ Award-winning invoicing with auto-reminders	✓ Customizable invoices with online payments
Expense Tracking	✓ Auto-import and categorize expenses	✓ Expense claims on Premium plan
Bank Reconciliation	✓ Bank connection and reconciliation	✓ Industry-leading bank reconciliation
Tax Management	✓ Tax-time reports and sales tax tracking	✓ VAT returns, sales tax, Making Tax Digital
Financial Reports	✓ P&L, balance sheet, tax summary	✓ Comprehensive financial reporting
Payroll	~ Via Gusto integration	~ Available as paid add-on in select regions
Multi-Currency	✓ Multi-currency invoicing and expenses	✓ Premium plan
Project Tracking	✓ Project budgets and profitability	✓ Premium plan
Inventory Management	✗ Not available	~ Basic inventory on all plans
Receipt Scanning	✓ Mobile receipt scanning	✓ Hubdoc included for receipt capture
Mobile App	✓ iOS & Android	✓ iOS & Android
API Access	✓ RESTful API	✓ Comprehensive REST API
Free Plan Available	✗ 30-day free trial only	✗ 30-day free trial only
Time Tracking	✓ Built-in time tracking on all plans	~ Via integrations or Projects add-on
Third-Party Integrations	✓ 100+ integrations	✓ 1,000+ integrations via app marketplace