FreshBooks vs Xero Pricing (2026)
How do these two stack up on price? Here's what each one costs, what you get, and where the value sits.
| FreshBooks | Xero | |
|---|---|---|
| Starts at | $23/mo | $25/mo |
| Number of plans | 4 | 3 |
| Free plan | — | — |
| Free trial | — | |
| Pricing model | flat-rate | flat-rate |
Lite
- Send invoices to 5 clients
- Track expenses in real time
- Create and send estimates
- Get paid with credit and debit cards, ACH bank transfer, Apple Pay, Google Pay, and Buy Now, Pay Later
- Generate tax-time reports
Plus
Popular- Send invoices to 50 clients
- Track expenses in real time
- Create estimates, proposals, and client retainers
- Get paid with credit and debit cards, ACH bank transfer, Apple Pay, Google Pay, and Buy Now, Pay Later
- Generate tax-time reports
- Run financial and accounting reports
- Expense receipt scanning
- Give your accountant access
Premium
- Send invoices to unlimited clients
- Track expenses in real time
- Create estimates, proposals, and client retainers
- Get paid with credit and debit cards, ACH bank transfer, Apple Pay, Google Pay, and Buy Now, Pay Later
- Generate tax-time reports
- Run financial and accounting reports
- Bill receipt scanning with the ability to add line items
- Give your accountant access
- Check project profitability
- Customize your email templates
Select
- Send invoices to unlimited clients
- Track expenses in real time
- Create estimates, proposals, and client retainers
- Access lower credit card transaction fees and capped bank transfer (ACH) fees
- Generate tax-time reports
- Run financial and accounting reports
- Bill receipt scanning with automatic capture of multi-line items
- Give your accountant access
- Check project profitability
- Customize email templates and remove FreshBooks branding
- Import your data via Easy Switch
- Gain access to dedicated phone support
- Add 2 Team Member accounts for no extra charge
Early
- Send quotes and 20 invoices†
- Accept online invoice payments^
- 5 bills
- Reconcile bank transactions
- Smart Document Capture
- View real-time reports
- W-9 + 1099 management
- Sales tax
- Visualize performance with basic graphs
- 30 day cash flow forecast
- Make online bill payments (Domestic - Free ACH)
- Make online bill payments (Cross Border)
Growing
- Send invoices and quotes
- Automate bill entry and track bills
- Auto-reconcile bank transactions
- Visualize performance with graphs
- 60 day cash flow forecast
- Customize performance dashboards
- Tailored financial health scorecards
Established
Popular- 180 day cash flow forecast
- Analyze KPIs and ratios
- Use multiple currencies
- Track time and costs for projects
- Employee expense and mileage claims
- Benchmark against the industry
- Make online bill payments (International)
FreshBooks vs Xero FAQ
- Which one is cheaper?
- FreshBooks starts lower at $23/mo, compared to $25/mo for Xero.
- Can I use either one for free?
- Neither has a free plan. But FreshBooks offers a free trial.
- How do they charge?
- Both use a flat-rate model, so the comparison is straightforward — it comes down to features and limits at each price point.
- Which one is a better deal?
- Depends on what you need. FreshBooks: Sitting mid-pack against QuickBooks and Xero, FreshBooks leans on the aggressive 90%-off-for-3-months hook to look cheap upfront, but the sticker prices are actually on the higher side once the promo expires. They're chasing freelancers and small agencies who want something simpler and friendlier than QuickBooks, not enterprises. Xero: Xero sits mid-pack against QuickBooks and FreshBooks — not the budget option, not the enterprise play, just a straightforward all-in-one for small business owners who want unlimited users without per-seat penalties. That no-free-trial, no-freemium stance is a bet that the 90%-off intro offer converts better than a trial funnel.
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