Last Updated: 2026-05-14
Which Accounting & Finance tool is right for your business in 2026? We compared 13 features across pricing, integrations, ease of use, and more.
"FreeAgent is an online accounting software designed specifically for freelancers and small businesses, offering invoicing, expense tracking, and tax calculators."
"Xero is a cloud-based accounting software platform for small to medium-sized businesses, providing tools for invoicing, bank reconciliation, and financial reporting."
View Comparison For
🏆 Winner for Small Business
Xero
Xero is the optimal choice for small businesses due to its comprehensive feature set and superior user interface.
🏆 Winner for Mid Market
Xero
Xero is favored in the mid-market segment for its advanced features and superior support.
🏆 Winner for Enterprise
Xero
Xero excels for enterprises due to its robust features and extensive integrations.
13 features compared across 13 categories
| Feature | FreeAgent | Xero | Winner |
|---|---|---|---|
| Monthly Cost | $10 | $20 | FreeAgent |
FreeAgent
$10
Xero
$20
| Feature | FreeAgent | Xero | Winner |
|---|---|---|---|
| Ease of Use | Good | Excellent | Xero |
FreeAgent
Good
Xero
Excellent
| Feature | FreeAgent | Xero | Winner |
|---|---|---|---|
| Customizable Templates | Standard | Advanced | Xero |
FreeAgent
Standard
Xero
Advanced
| Feature | FreeAgent | Xero | Winner |
|---|---|---|---|
| Financial Reports | Basic | Comprehensive | Xero |
FreeAgent
Basic
Xero
Comprehensive
| Feature | FreeAgent | Xero | Winner |
|---|---|---|---|
| Third-Party Apps | Limited | Extensive | Xero |
FreeAgent
Limited
Xero
Extensive
| Feature | FreeAgent | Xero | Winner |
|---|---|---|---|
| Customer Support Availability | Email Only | 24/7 Chat and Email | Xero |
FreeAgent
Email Only
Xero
24/7 Chat and Email
| Feature | FreeAgent | Xero | Winner |
|---|---|---|---|
| Functionality | Basic | Full Features | Xero |
FreeAgent
Basic
Xero
Full Features
| Feature | FreeAgent | Xero | Winner |
|---|---|---|---|
| Supported Currencies | 5 | 20 | Xero |
FreeAgent
5
Xero
20
| Feature | FreeAgent | Xero | Winner |
|---|---|---|---|
| Recurring Invoices | Yes | Yes | FreeAgent |
FreeAgent
Yes
Xero
Yes
| Feature | FreeAgent | Xero | Winner |
|---|---|---|---|
| Sales Tax Calculation | Automatic | Automatic | FreeAgent |
FreeAgent
Automatic
Xero
Automatic
| Feature | FreeAgent | Xero | Winner |
|---|---|---|---|
| Data Import Capabilities | Easy | Moderate | FreeAgent |
FreeAgent
Easy
Xero
Moderate
| Feature | FreeAgent | Xero | Winner |
|---|---|---|---|
| Team Access | Limited | Full Access | Xero |
FreeAgent
Limited
Xero
Full Access
| Feature | FreeAgent | Xero | Winner |
|---|---|---|---|
| Feature Customization | Basic | Advanced | Xero |
FreeAgent
Basic
Xero
Advanced
Xero is the cheaper option starting at $13/month, while FreeAgent begins at $15/month.
FreeAgent is highly recommended for businesses that specifically need: affordable pricing, basic invoicing needs, simple user experience.
Xero is the better choice if your primary focus is: comprehensive invoicing, robust support features, advanced reporting capabilities.
Xero is the optimal choice for small businesses due to its comprehensive feature set and superior user interface.
See how FreeAgent and Xero stack up against other top tools.
We've compiled the ultimate buyer's guides comparing the top tools across every major B2B category. See how these platforms rank against the entire market.
Ready to decide?
Try one of the tools free today.