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Xero
Starting Price: $12 (£12)/month
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Xero

Accounting software that makes taking care of invoices, tax, and expenses easier no matter the business size
Best for: suitable for small business, accountants and bookkeepers looking to simplify accounting tasks
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Starting Price: $12 (£12)/month

Why Choose Xero?

Save time with the automatic tax calculations
Never lose a receipt, take snapshots of your expenses with your mobile
Detailed reporting so you can see where you're making and losing money
Send quotes, invoices and reconcile bank transactions
Product:Accounting

What is Xero?

Xero is an accounting Software that provides you with more than just the basics whether you’re a freelancer, startup or growing business.

An established company, this web based accounting tool can easily be accessed via a browser or download the Xero iOS or Xero Android app giving you the ability to check on how your business finances are doing on the go.

Keep track of your income and expenses, setup payroll (paid add-on), pay bills and securely connect with your bank accounts to accurately track finances for a detailed summary of cashflow.

Whether your a small business, accountant or bookkeeper, you’ll be able to automate routine tasks like invoicing and can make tax calculations helping you out when it’s that time of the year again.

Here’s a quick video showcasing what Xero can do for you:

Pros

  • Cloud-Based & Accessible Anywhere – Manage your accounting from any device with an internet connection
  • User-Friendly Interface – Intuitive dashboard and easy navigation, making it ideal for small businesses and non-accountants
  • Automated Bank Feeds – Connects to your bank to automatically import transactions, reducing manual data entry
  • Strong Invoicing Features – Create, send, and track invoices with automatic payment reminders
  • Multi-Currency Support – Ideal for businesses dealing with international transactions (available in premium plans)
  • Payroll & HR Integration – Built-in payroll features (limited to certain regions) and integrations with HR software
  • Third-Party App Integrations – Connects with over 1,000 business apps, including CRM, eCommerce, and inventory management tools
  • Real-Time Financial Reporting – Up-to-date financial insights with customizable reports and dashboards
  • Affordable for Small Businesses – Competitively priced compared to other cloud accounting solutions
  • Free Automatic Updates – Regular updates with no additional costs

Cons

  • Limited Customer Support – No direct phone support; relies on email and online resources
  • Steeper Learning Curve for Advanced Features – While user-friendly, advanced features may require some accounting knowledge
  • No Native Inventory Management – Basic inventory tracking, but businesses with complex needs may require third-party integrations
  • Expensive for Larger Businesses – Premium plans and add-ons can become costly as a business scales
  • Payroll Not Available in All Regions – Payroll functionality is only supported in select countries
  • Offline Functionality is Limited – Requires an internet connection for most features
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Simon (Mr Yeti)

Simon, founder of Tuff Yeti, has over a decade of experience running successful small businesses. Having launched multiple websites across various industries, he’s gained extensive expertise in selecting and testing the best software and tools. Simon’s mission is to share his insights and provide trusted, free resources to help small business owners succeed, regardless of their industry.

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Xero Features

Xero Pricing Overview

Get started with a 30 day free trial, or take up one of their accounting plans from just $12 (£12) per month.

  • Early (sole traders or self employed) - $12/ month (£12 / month)
  • Growing (startups & small business) - $34 /month (£26 /month)
  • Established (all size businesses)- $64/month (£33 /month)
Starting Price: $12 (£12)/month
Free Trial Available
No Free Version
Plan Types | free-version | monthly
Please see the Xero website for up to date pricing.
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