Reckon One VS Xero

Looking for a Xero alternative?

Get better bang for your buck with Reckon accounting software

  • Save money. Reckon One pricing starts from only $12/month, Xero starts from $32!
  • Unlimited invoices. Whether you send 1,10 or 100 invoices — you only pay one, low flat fee.
  • No steep plan increases. Our plans fairly scale based on volume & features. Xero’s plans increase dramatically.
Reckon One UI

Get more features for less

Xero ‘Standard’ plan VS Reckon ‘Accounting Plus + Payroll Essentials’ plan

Xero Logo 42x42px
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Track GST & BAS

Cash flow reporting

Create budgets

35+ insightful reports


Up to 2 employees

Up to 4 employees

Automatic bank connection

Invoices and bills

iOS & Android invoice app

Free phone support

Free onboarding session

Monthly price



Reckon’s free phone customer support is available during business hours. This accounting software comparison table includes data on Xero’s ‘Standard’ plan which includes payroll for up to 2 employees. Reckon’s comparison includes Reckon Accounting Plus + Payroll Essentials plan with payroll for up to 4 employees included. Data correct as of December 2023.

Better value as your business grows

Unlimited invoices

Reckon accounting plans include unlimited invoices so you pay the one low flat fee no matter how many you need to send!

Payroll software to suit your business needs

Reckon charges $12/month for up to 4 employees making our payroll super affordable for small businesses. On Xero you have to be on an $85/month plan to include 4 employees. Ouch!

Unlimited users & team members

Admin team members that have logins for the product are unlimited on Reckon. So you can invite anyone in your team, your accountant and family members to log in for no extra cost.

Migrate from Xero to Reckon for free

Moving your data from Xero to Reckon is quick and easy with our migration service. It’s free when you sign up for Reckon Plus or Premium plans.

Affordable accounting for all team sizes

Xero starts at $32 per month*

  • But if you send more than 20 invoices a month, you’ll be charged $65 per month*.
  • If you have 2 employees, you’ll be charged $65 per month.
  • If you have 3 employees, you’ll be charged $85 per month. Ouch!
  • Want to manage expense tracking? Beware Xero Expenses is an additional $5 extra per user per month!

All these additional costs add up for small businesses. That’s why Reckon is the ideal Xero alternative.

While Reckon One starts from just $12 per month

  • Our Invoice package includes unlimited invoices
  • Our payroll package includes payroll for up to 4 employees for just $12/month
  • Or payroll for up to 10 employees for just $20/month
  • Admin users logging into your account are unlimited

So you can be confident that you won’t experience a steep increase in your accounting software as your business and cash flow grow.

*Monthly cost of Xero ‘Starter’, ‘Standard’ and ‘Premium 5’ plans at the standard price, correct as of December 2023.

"There's Xero wrong with Reckon!
I set up my business with Reckon. It's so affordable and the customer service is consistently good. I feel like an actual customer not a number!"

Petal & Rose

VIC, Australia

There are a million reasons to love Reckon

Cancel at any time

Cancel at any time

Switch us off whenever you want. Your data is saved for 7 years.

Industry standard security

Industry standard security

We use AES-256 bit encryption and multiple layers of firewalls to ensure your data is always protected.

Automatic backups & updates

Automatic backups & updates

Your data is safe, and you're always on the latest, cutting-edge cloud accounting software.

Works on all devices

30 years in the accounting & payroll industry

We have earned the trust of over 100,000 businesses across Australia.

Data stored in Australia

Data stored in Australia

Store your sensitive accounting software data here at home, under Australian law.

Connect with an expert

Connect with an expert

Your accountant or bookkeeper can now help your small business in real-time.

Convinced Reckon One is the perfect Xero alternative for small businesses?

Try Reckon One for free, cancel anytime.

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