Home/Accounting Software/Xero vs CountingupUpdated on: March 28, 2024

Compare Xero vs Countingup

96% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Xero
Xero Accounting Software (2974 Ratings)
86% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
96% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Freshbooks
Freshbooks Accounting Software (3391 Ratings)
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96% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Xero

Xero

Accounting Software (2974 Ratings)
86% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
96% The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read More Remove
Freshbooks

Freshbooks

Accounting Software (3391 Ratings)
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Overview

Summary

Xero is an award-winning online accounting software for small scale businesses. Xero offers a variety of features to make your business function smoothly and efficiently. The software handles all the accounting transactions effectively. It permits unlimited users to get online at a time and work in collaboration over data which is accessible through a single ledger. Xero also provides Bank Reconciliation services by importing the various transactions from your bank accounts and matching them with your cash-book. Business finances and cash-flow statements are updated on a real-time basis, helping you to keep a track of all your expenses and transactions. ..show more

Plectica is a niche tool for businesses and sole practitioners to map their ideas in real time. This allows them to access them in the future and even share with team members for efficient collaboration and synced brainstorming sessions. This makes it perfect for users such as strategists, educators, technologists, designers, policy makers, and innovators of all types. Users can create a database schema to depict how data will be handled and saved in the backend. They can even create mind maps to document their thought process for the most optimum outputs. Other modes, such as the ability to create customer journey maps, allows marketers to understand and collaboratively brainstorm about concepts. Moreover, Traffic Flow creation enables web managers to reach conclusions about the most optimum flow to handle traffic through the website. The tool comes with a free forever plan where users can start mapping with up to 250 cards. ..show more

An accounting software focused on providing expert accounting services to small scale businesses. It is best suited for self-employed professionals, small scale agencies, firms and consultancies. The software expertise in handling accounting tasks related to billing, invoicing and expense tracking. Freshbooks time tracking feature will provide you information so that you can invoice your bill for exactly what you’re worth. This easy-to-use software also provides a mobile app which allows you to keep a check on the accounting processes all the time. Freshbooks was awarded as “Leader in the Fall 2017 Small-Business Accounting Grid Report” based on customer satisfaction and market presence. ..show more

Features

Accounts Payable Handling the money owed by a business to its suppliers.

Accounts Receivable Handling the money the client owes to the company.

Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement.

Billing and Invoicing This feature helps in issuing and handling the invoice and bills.

CPA Firms Offers collaboration with a professional expert for financial and consulting services.

Cash Management Collection and management of cash.

Collections Recovery of cash from a business or individual.

Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process.

Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence.

General Ledger Maintaining and recording all the accounting related transactions.

Multi-Currency Enables payment and collection in multiple currencies.

Payroll Handling the salary payable to the employees

Project Accounting Creation of financial reports specifically designed to track the financial progress of projects

Purchasing Acquiring goods or services required for the business at minimal cost

Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for

Spend Management Managing the expenditure of a business in order to build its product or services

Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

TECHNICAL DETAILS

Access Monitoring

24/7 (Live rep)

Business Hours

Online

Contact Number/Address

Wellington, New Zealand

London, United Kingdom

Toronto, Canada / +1 866-303-6061

API

Deployment

SaaS/Web/Cloud

Mobile - Android

Mobile - iOS

Mobile - Windows

Mobile - BlackBerry

Installed - Windows

Installed - Mac

Customers

Individuals

Freelancers

Large Enterprises

Medium Business

Small Business

Pricing

Pricing Model

Free Trial

Freemium

One-time license

Open-source

Subscription

Quotation Based

Plans

Early
$11 /Month

Good for sole traders, new businesses, and the self-employed

Features

  • Send quotes and 20 invoices
  • Enter 5 bills
  • Reconcile bank transactions
  • Capture bills and receipts with Hubdoc
  • Short-term cash flow and business snapshot
  • 24/7 online support

Optional Add-ons

  • Payroll with Gusto from $39 per month
Growing
$32 /Month

Good for growing small businesses

Features

  • Send invoices and quotes
  • Enter bills
  • Reconcile bank transactions
  • Capture bills and receipts with Hubdoc
  • Bulk reconcile transactions
  • Short-term cash flow and business snapshot
  • 24/7 online support
  • Includes features of Add-ons
Established
$62 /Month

Good for established businesses

Features

  • Send invoices and quotes
  • Enter bills
  • Reconcile bank transactions
  • Capture bills and receipts with Hubdoc
  • Bulk reconcile transactions
  • Use multiple currencies
  • Track projects
  • Claim expenses
  • Analytics Plus – Get advanced insights
  • 24/7 online support
  • Includes features of Add-ons
View Price Page
Starter
Free

Features

  • Business current account
  • Automated categorization
  • Instant notifications
  • Receipt capture
  • Invoicing & billing
  • Profit & loss
  • Tax estimate
  • Share with your accountant
  • First-class support
Standard
Others

£ 4.95 per month,

Features

  • Includes features of Starter plan
Premium
Others

£ 9.95 per month

Features

  • Includes features of Standard plan

View Price Page
Lite
$15 /Month

Features

  • 5 Billable Clients (Send unlimited invoices to up to 5 clients)
  • Track unlimited expenses
  • Send unlimited estimates
  • Get paid with credit cards and bank transfers
  • Track sales tax & see reports
  • Access anywhere on iOS and Android
Plus
$30 /Month

Features

  • 50 Billable Clients
  • Send unlimited invoices to up to 50 clients
  • Automatically track expenses
  • Send unlimited estimates and proposals
  • Get paid with credit cards and bank transfers
  • Set up recurring billing and client retainers
  • Run business health reports
  • Double-entry accounting reports
  • Invite your accountant
  • Access anywhere on iOS and Android
  • Mobile mileage tracking
Premium
$55 /Month

Features

  • Unlimited Billable Clients
  • Send unlimited invoices to an unlimited amount of clients
  • Track Bills, Bill Payments & Vendors with Accounts Payable
  • Track project profitability
  • Customize email templates with dynamic fields
  • Customize email signatures
  • Automatically track expenses
  • Automatically send late payment reminders and bill late fees
  • Send unlimited estimates and proposals
  • Get paid with credit cards and bank transfers
  • Get paid with checkout links
  • Set up recurring billing and client retainers
  • Run business health reports
  • Run financial and accounting reports
  • Invite your accountant
  • Access anywhere on iOS and Android
  • Mobile mileage tracking
Select
Custom

Features

  • Unlimited Billable Clients and Specialized Features
  • Send unlimited invoices to an unlimited amount of clients
  • Access to lower credit card transaction rates
  • Info Tooltip
  • Start with 2 team member accounts
  • Get a dedicated account manager
  • Get help migrating from other software
  • Set up your account with custom onboarding services
  • Remove FreshBooks branding from client emails
  • Contact us with a dedicated support number
  • Get paid with credit cards, bank transfers, and checkout links
  • Set up recurring billing, subscriptions and client retainers
  • Securely accept credit cards over the phone
  • Automatically track expenses
  • Automatically send late payment reminders and bill late fees
  • Invite your accountant
  • Run business health reports
  • Run financial and accounting reports
  • Access anywhere on iOS and Android
View Price Page

SCREENSHOTS

Xero Screenshots
View 3 screenshot(s)
Countingup Screenshots
Freshbooks Screenshots
View 9 screenshot(s)

ALTERNATIVES

Top alternatives to Xero

Freshbooks
Freshbooks
Sage Accounting (Sage One)
Sage Accounting (Sage One)
Microsoft Excel
Microsoft Excel
Zoho Books
Zoho Books
Tally
Tally

Top alternatives to Countingup

Quickbooks
Quickbooks
Freshbooks
Freshbooks
Xero
Xero
Wave
Wave
FreeAgent
FreeAgent