What it's for
Our bookkeeping note lists it as the ledger some clients prefer; no per-user fees.
- Books with bank feeds
- Invoicing
- Cash-flow forecasts
Plans and prices
| Plan | Price (USD unless shown) | What you get |
|---|---|---|
| Early | $27/mo ($5.40/mo for the first 3 months) | Quotes and 20 invoices; 5 bills; 30-day cash flow forecast |
| Growing | $59/mo ($11.80/mo for the first 3 months) | 60-day cash flow forecast |
| Established | $97/mo ($19.40/mo for the first 3 months) | 180-day forecast |
Read on the official pricing page on . Prices change; check before you buy.
Free plan in real output
No free plan; the US page offered 80% off for 3 months or one month free. No per-user license fees.
- Early caps you at 20 invoices and 5 bills, fine for a freelancer, too tight for most small-business clients.
- Growing at $59/mo is the realistic tier for a client with regular bills.
Cost at your stage
| Plan | Monthly cost | |
|---|---|---|
| Month 1 (testing, low volume) | Early | $5.40 |
| Month 12 (working volume) | Early | $27 |
Break-even: Usually billed to the client; Early is covered by one bookkeeping hour.
Month-12 plan is our estimate of what a solo seller at steady weekly output needs, based on the plan limits above. Costs exclude tax.
Commercial use and output rights
Not a content generator. Accounting software; your books stay yours.
Your data and AI training: Not checked.
This is a summary of public terms, not legal advice. Terms change; re-read the clause before client work.
First-hour setup
- Start the trial or get advisor access.
- Connect bank feeds.
- Import the chart of accounts.
- Set bank rules.
- Reconcile weekly.
Competitors compared
| Tool | Pricing model | Free plan | Starting price | Difficulty | Output rights | Best for |
|---|---|---|---|---|---|---|
| Xero | Paid plans only | Trial only | $27/mo ($5.40/mo for the first 3 months) | 3/5 | Not a content generator | Accounting outside the US or with many bank feeds |
| QuickBooks Online | Paid plans only | Trial only | $0 · then $38/mo ($19/mo for 3 months) | 3/5 | Not a content generator | Books your accountant already knows |
| FreshBooks | Paid plans only | Trial only | See official site | – | – | Freelancers billing clients |
| Wave | Free plan + paid plans | Yes | See official site | 2/5 | – | Free bookkeeping for a solo business |
Head to head: QuickBooks Online vs Xero
Learning difficulty
3/5: Accounting concepts.
When not to use it
If the client's accountant works only in QuickBooks, stay there.
Cheaper or free alternatives:
- QuickBooks Online: Books your accountant already knows (trial only free plan)
- FreshBooks: Freelancers billing clients (trial only free plan)
- Wave: Free bookkeeping for a solo business (yes free plan)
Which of our hustles use it
- Bookkeeping with AI tools: Alternative ledger some clients prefer
Price history
Each monthly check adds rows here. Older rows are never edited, so you can see when prices changed.
Sources
- Xero US pricing (read 17 October 2026)
Last verified . Anything we couldn't confirm on an official page is marked "not published", "not shown" or "not verified".