Accounting · Alternatives
What are the best Xero alternatives?
Short answer
The cheapest paid alternative in the first year is ERPNext ($60; Xero: $324). 4 have a free plan: Zoho Books, ERPNext, Wave, Odoo Accounting.
| Alternative | Best for | Free plan | From | 1st year |
|---|---|---|---|---|
| Zoho Books | Free tier for micro businesses | Yes | $10 / mo | $120 |
| ERPNext | Open-source ERP with accounting | Yes | $5 / mo | $60 |
| Wave | Free invoicing for freelancers | Yes | $19 / mo | $228 |
| FreshBooks | Freelancers invoicing clients | No | $23 / mo | $276 |
| QuickBooks Online | US small-business bookkeeping standard | No | $38 / mo | $456 |
| Odoo Accounting | Accounting inside a full ERP suite | Yes | $31.10 / seat / mo | $1,866 |
| FreeAgent | Freelancers and small agencies | No | $27 / mo | $324 |
Which Xero alternative is cheapest?
ERPNext, at $60 for the first year (Xero: $324).
| Alternative | 1st year |
|---|---|
| ERPNext | $60 |
| Zoho Books | $120 |
| Wave | $228 |
| FreshBooks | $276 |
| FreeAgent | $324 |
| QuickBooks Online | $456 |
| Odoo Accounting | $1,866 |
Which Xero alternatives are free?
4 of 7 have a free plan.
- Zoho Books: 1 user, revenue under 50K USD
- ERPNext: open source, self-hosted
- Wave: Starter: unlimited invoices
- Odoo Accounting: One app, unlimited users
The 7 alternatives, one by one
1
Zoho Books
Best for: free tier for micro businesses
- Free plan
- Yes, 1 user, revenue under 50K USD
- From
- $10 / mo
- 1st year
- $120
2
ERPNext
Best for: open-source ERP with accounting
- Free plan
- Yes, open source, self-hosted
- From
- $5 / mo
- 1st year
- $60
3
Wave
Best for: free invoicing for freelancers
- Free plan
- Yes, Starter: unlimited invoices
- From
- $19 / mo
- 1st year
- $228
4
FreshBooks
Best for: freelancers invoicing clients
- Free plan
- No, 30-day trial
- From
- $23 / mo
- 1st year
- $276
5
QuickBooks Online
Best for: US small-business bookkeeping standard
- Free plan
- No, 30-day trial
- From
- $38 / mo
- 1st year
- $456
6
Odoo Accounting
Best for: accounting inside a full ERP suite
- Free plan
- Yes, One app, unlimited users
- From
- $31.10 / seat / mo
- 1st year
- $1,866
7
FreeAgent
Best for: freelancers and small agencies
- Free plan
- No
- From
- $27 / mo
- 1st year
- $324
Sources
| Vendor page | URL | Checked |
|---|---|---|
| Xero pricing | xero.com/us/pricing/ | 27 Oct 2026 |
| Zoho Books pricing | zoho.com/books/pricing/ | 27 Oct 2026 |
| ERPNext pricing | frappe.io/erpnext/pricing | 27 Oct 2026 |
| Wave pricing | waveapps.com/pricing | 27 Oct 2026 |
| FreshBooks pricing | freshbooks.com/pricing | 27 Oct 2026 |
| QuickBooks Online pricing | quickbooks.intuit.com/pricing/ | 27 Oct 2026 |
| Odoo Accounting pricing | odoo.com/pricing | 27 Oct 2026 |
| FreeAgent pricing | freeagent.com/us/pricing/ | 27 Oct 2026 |
Prices in USD as published by each vendor, billed yearly where offered. How we compare