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Both cover accounting & tax. Here is what separates them on price, billing, what you can take with you, and coverage.
| Invoicely | Xero | |
|---|---|---|
| Starting price | From $9.99 | From $25 |
| Pricing model | Free plan, paid tiers | Paid subscription |
| Free tier | Yes | No |
| Billing | Not stated | Monthly or annual |
| Free trial | Not stated | Not stated |
| API | Not stated | Not stated |
| Data export | Not stated | Not stated |
| Their cut | Not stated | Not stated |
| Runs on | Web | Not stated |
| Covers | Accounting & Tax | Accounting & Tax, Creator Finance |
| Works with | Nothing in particular | Nothing in particular |
| Founded | Not listed | Not listed |
| Reader rating | No reviews yet | No reviews yet |
| Live deals | None right now | None right now |
Invoicing with a free plan that stays free
Invoicely sends invoices, estimates and recurring statements, and tracks time, expenses and mileage against them. The free plan is capped at five invoices a month rather than at a trial period, so a freelancer billing one or two clients never has to pay. Billing in any currency is on every paid tier, which matters if your clients are not all in one country.
Our note
Worth choosing when invoicing is the only accounting job you have. The moment somebody says the word reconciliation, you have outgrown it, and paying $9.99 here plus a real ledger somewhere else costs more than starting on Wave.
Accounting a freelancer can run without help
Xero covers the parts of bookkeeping a creator actually meets: invoices, bank reconciliation, expenses and the reports an accountant asks for in January. Nothing in it assumes you have taken an accounting class. There is no free plan, and the cheapest tier stops at twenty invoices a month, which a busy freelancer clears by the third week.
Our note
Pick Xero over Wave when you have contractors to pay and a real filing to make, and Wave over Xero when you mostly need invoices to look professional. The invoice cap on the entry plan is the thing people hit and get annoyed by, so count last year's invoices before choosing it.
Only on this side
Ratings are the average of reviews readers left. The facts are stated by each tool’s own listing and are not verified by CloutStack. How we make money.