Xero offers cloud accounting for small businesses with plans from 25 dollars a month. Compare Early, Growing, and Established plans, features, and alternatives.
Category
Developer Tools
Pricing
subscription, from From $25/month (Early plan, US pricing)
Verified
Not yet
Last updated
July 19, 2026
Founded
2006
Headquarters
Wellington, New Zealand
Integrations
What Is Xero
Xero is a cloud-based accounting platform founded in 2006 in Wellington, New Zealand, where it remains headquartered, and has grown into a publicly traded company with roughly 6,200 employees worldwide.
The platform is built for small and mid-sized businesses, giving business owners, bookkeepers, and accountants a shared, real-time view of the books rather than working from periodically exchanged file backups.
Xero's growth has been driven in large part by its extensive third-party app marketplace, which connects the core accounting product to payroll, payments, inventory, and industry-specific tools.
Key Features
Automated bank feeds pull transactions directly from connected bank accounts for streamlined reconciliation, reducing manual data entry.
Online invoicing lets businesses send invoices, track payment status, and accept online payments, paired with bill management and expense tracking on higher tiers.
The app marketplace connects Xero to more than 700 third-party business applications, extending functionality into payroll, CRM, inventory, and industry-specific workflows.
Pricing
Xero's US pricing has three tiers: Early at 25 dollars per month, Growing at 55 dollars per month, and Established at 90 dollars per month, all including unlimited users.
Early caps usage at 20 invoices and 5 bills per month, making it suited to freelancers and very early-stage businesses, while Growing removes those caps entirely.
Established adds multi-currency accounting, project tracking, expense claims, and extended cash flow forecasting, and is required once a business needs any of those capabilities.
Key Features
Automated Bank Feeds and Reconciliation — Connects to bank accounts to automatically import and reconcile transactions against the books.
Online Invoicing — Create, send, and track invoices with online payment acceptance and automated payment reminders.
700+ App Marketplace — Integrates with a large ecosystem of third-party apps for payroll, payments, inventory, and industry-specific needs.
Real-Time Financial Reporting — Customizable dashboards and reports give business owners and accountants up-to-date financial visibility.
Multi-Currency Accounting — Available on the Established plan, supporting businesses that transact in multiple currencies.
Project Tracking — Tracks time, costs, and profitability by project, included on the Established tier.
Mobile Apps — iOS and Android apps let business owners invoice, reconcile, and check financials on the go.
Unlimited Users — All Xero plans include unlimited user seats at no extra per-user cost, unlike many accounting competitors.
Pros & Cons
Pros
Unlimited users on every plan, unlike competitors that charge per seat.
Large, mature app marketplace with 700+ integrations extends functionality well beyond core accounting.
Real-time bank feeds and reconciliation reduce manual bookkeeping work.
Intuitive interface widely regarded as approachable for non-accountants.
Strong accountant and bookkeeper ecosystem, with many firms specializing in Xero setup and support.
Cons
Payroll functionality is limited or unavailable in some regions and often requires a separate add-on or third-party integration.
Multi-currency support, project tracking, and advanced analytics are locked behind the top Established tier.
Entry-level Early plan's invoice and bill caps can be restrictive for businesses that grow quickly.
Some users report slower customer support response times compared to premium-tier expectations.
Pricing
Early $25/month monthly
Growing $55/month monthly
Established $90/month monthly
Frequently Asked Questions
How much does Xero cost?
Xero's US plans start at 25 dollars per month for Early, 55 dollars per month for Growing, and 90 dollars per month for Established.
Does Xero limit the number of users?
No, all Xero plans include unlimited users at no additional per-seat cost.
What is the difference between Xero's plans?
Early caps monthly invoices and bills, Growing removes those caps for unlimited invoicing, and Established adds multi-currency accounting, project tracking, and expense claims.
When was Xero founded?
Xero was founded in 2006 in Wellington, New Zealand, where it remains headquartered.
Does Xero integrate with other business apps?
Yes, Xero connects to more than 700 third-party applications covering payroll, payments, inventory, and other business functions.
Is Xero publicly traded?
Yes, Xero went public on the New Zealand Exchange in 2007 and later moved its primary listing to the Australian Securities Exchange in 2012.
Can Xero handle multiple currencies?
Multi-currency accounting is available on Xero's Established plan.
Is Xero available on mobile?
Yes, Xero offers mobile apps for iOS and Android in addition to its web application.