Verdict · Accounting

Xero

Clean, modern cloud accounting that includes unlimited users on every plan, with a deep app ecosystem behind it.

Xero is the closest rival to QuickBooks Online and the easier tool to live in day to day. The interface is clean, bank reconciliation is fast, and crucially every plan includes unlimited users, so growing teams are not punished for adding seats. The app marketplace is large, multicurrency and projects arrive on the top tier, and the reporting has steadily improved. The catch is the entry plan: Early strictly caps how many invoices and bills you can enter each month, US payroll runs through a partner rather than fully native, and phone first support is limited compared with the help most owners expect.

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Reviewed by M. HALLORAN·Updated APRIL 2026·How we vet
In one line
Cloud books that feel genuinely modern, with unlimited seats built right in.
What we found

In its favour

+ Unlimited users on every plan, including the cheapest
+ Clean interface and fast bank reconciliation
+ Large app marketplace and strong multicurrency
+ Steadily improving reporting and cash flow tools

Held against it

Early plan caps monthly invoices and bills tightly
US payroll relies on a partner rather than native tools
Project tracking and multicurrency sit on the top tier
Support is mostly online rather than phone first
The scorecard

Ease and seat value lead, entry limits are the trade.

Xero scores high on ease, value and integrations, helped by unlimited users on every plan. The soft spots are the capped Early tier and US payroll, which leans on a partner rather than a fully native feature.

Scored against the same five weighted criteria we use across accounting. See the rubric →

Ease of use 90
Features and depth 89
Value for money 88
Integrations 92
Support and onboarding 84
Buy it if you’re…

a growing small business that wants modern, easy cloud books and does not want to pay per seat as the team grows.

Skip it if you’re…

a US business that needs deep native payroll, or a micro business that would hit the Early plan invoice caps.

What it costs

Per month, US list price

Pricing as of June 2026. The Early plan caps invoices and bills each month; multicurrency, projects and expense claims are Established features. Promotional discounts are often available for new customers. Check the vendor for current pricing.

Early
$25
Sole traders and micro business
+Send up to 20 invoices
+Enter up to 5 bills
+Bank reconciliation
+Capture bills and receipts
★ Our pick
Growing
$55
Small businesses scaling up
+Everything in Early
+Unlimited invoices and bills
+Bulk reconcile transactions
+Unlimited users
Established
$90
Established businesses, full kit
+Everything in Growing
+Multicurrency
+Projects and expense claims
+Advanced analytics