Xero Review 2026: Is It Worth It?
8.4
/10
Phil Collective Score
Confidence: 0.95
What Is Xero?
Beautiful UI, unlimited users on every plan, and strong international support. Xero is the main QBO alternative for businesses that want modern cloud accounting without Intuit's lock-in. Particularly strong in the UK, Australia, and New Zealand.
| Founded | 2006 |
|---|---|
| HQ | Wellington, New Zealand |
| Deployment | cloud |
| Category | General Accounting |
| Free Trial | Yes |
| Free Plan | No |
| Affiliate Commission | $150/sale |
Xero Pricing
Starter
$15
per monthly
Standard
$50
per monthly
Premium
$75
per monthly
Xero Features
| Feature | Available | Notes |
|---|---|---|
| Receipt scanning | ✗ | |
| Audit trail | ✗ | |
| Tax preparation | ✗ | |
| Accountant access | ✗ | |
| Bank reconciliation | ✗ | |
| Bill pay | ✗ | |
| Double-entry accounting | ✗ | |
| Expense tracking | ✗ | |
| Inventory tracking | ✗ | |
| Invoicing | ✗ | |
| Mobile app | ✗ | |
| Multi-currency | ✗ | |
| Multi-entity | ✗ | |
| Role-based permissions | ✗ | |
| Time tracking | ✗ | |
| API access | ✗ | |
| Bank feeds | ✗ | |
| Payroll integration | ✗ | |
| Budgeting | ✗ | |
| Custom reports | ✗ | |
| Financial reports (P&L, Balance Sheet, Cash Flow) | ✗ | |
| Project profitability | ✗ |
Xero Alternatives
- Zoho Books — 9.3/10
- QuickBooks Online — 8.6/10 — from $38/mo
- Sage Business Cloud — 8.1/10 — from $15/mo
- FreeAgent — 7.7/10 — from $14/mo
- Kashoo — 7.3/10