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RECKON ONE VS XERO

Looking for a Xero alternative?

Get better bang for your buck with Reckon accounting software

Reckon Accounting Plus starts from just $24/month with unlimited invoices, while Xero’s Starter plan starts from $37 with invoice limits.

reckon one alternative to xero

Why Reckon is one of the best Xero alternatives

Better value, transparent pricing, cloud accounting software built for Australian businesses, and customer support that’s there when you need it.

Save Big With Reckon

Save big with Reckon

Reckon’s Accounting Plus plan is just $24/month, compared to Xero’s Starter plan at around $37/month – around 35% cheaper. Unlike many Xero alternatives, Reckon includes unlimited invoices, financial reports and powerful accounting software features without forcing you onto higher paid plans.

Fair Pricing Tiers

Fair pricing tiers you can rely on

Reckon’s pricing structure grows with your business without steep upgrade costs. Xero’s Starter plan limits you to 20 invoices and five bills each month, meaning many sole traders and small businesses need to upgrade sooner. Reckon includes unlimited invoices, flexible plans and features that scale with your business.

Avoid Hidden Costs

Avoid hidden costs

Xero Expenses is only for one user. Need expense tracking for more employees? You’ll need Xero’s higher paid plans plus additional user fees. Project management, time tracking and other add ons can also increase costs. Reckon includes unlimited users, expense tracking and project management tools without surprise charges.

Support That's Actually There

Support that’s actually there

Reckon includes free onboarding, phone support and live chat with every plan. Unlike providers that rely primarily on self-service resources, Reckon gives business owners direct access to local customer support whenever they need help.

*Pricing listed compares the monthly cost of Xero ‘Ignite’ and ‘Grow’ plans. Pricing lists at the standard price, correct as of June 2026.

Compare accounting software features

Xero ‘Ignite’ plan vs Reckon ‘Accounting Plus’ plan

Xero logo
Reckon Logo

Track GST & BAS

Cash flow reporting

Create budgets

35+ insightful reports

Bank accounts feeds

Create & send invoices

20 invoices only

Bills

5 bills only

iOS & Android invoice app

Free phone support

Free onboarding session

Monthly price

$37.00

$24.00

This online software comparison table includes data from Xero’s ‘Ignite’ plan and Reckon’s ‘Accounting Plus’ plan. Reckon vs Xero accounting data correct as of June 2026. Reckon’s free phone customer support is available during business hours.

Helping thousands of businesses with their accounting

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.

Fairly priced, real customer service and a great product. I'm so happy to have left xero.

Harry

Speech pathologist

There are a million reasons to love Reckon

Cancel at any time

Cancel at any time

Switch us off whenever you want. Flexibility is in your hands.

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.

Frequently asked questions

Which businesses is Reckon best suited for?
Reckon is designed for sole traders, freelancers, small businesses and growing Australian businesses looking for affordable cloud accounting software. Whether you’re sending your first invoice or managing multiple clients, Reckon provides accounting, bookkeeping, expense tracking and payroll in one platform.
Does Reckon support Single Touch Payroll (STP) compliance?

Yes. Reckon includes an ATO-compliant payroll system with Single Touch Payroll (STP Phase 2), employee management, payroll reporting and Australian payroll compliance built in.

You can confidently manage payroll reporting directly to the ATO, helping ensure your obligations are met accurately and on time. Updates are automatically maintained so you stay compliant as regulations evolve.

Does Reckon support bank feeds?
Yes. Reckon supports secure bank feeds from participating Australian financial institutions, helping reduce manual data entry and making bank reconciliation faster and more accurate.
Does Reckon include automation?
Yes. Reckon includes automation features that reduce repetitive accounting tasks, including bank transaction matching, recurring invoices and automated workflows that save time during tax time.
Will my accountant or bookkeeper be able to use Reckon?

Absolutely. Reckon is widely used by Australian accountants and bookkeepers, with a long-established local ecosystem.

Your existing advisor can continue working with you in Reckon without needing to change their workflow significantly. If your accountant hasn’t used Reckon before, we provide onboarding support and training resources to make the transition smooth.

Unlike some global platforms, Reckon is built specifically with Australian accounting professionals in mind, so compliance and reporting are already aligned to local needs.

Can I easily switch my data from Xero, MYOB, QuickBooks or other platforms to Reckon?

Yes. Switching to Reckon is designed to be straightforward with our free data migration service. available on eligible plans. We support migration from Xero, MYOB Essentials, QuickBooks Online and other popular accounting software. Our migration service helps transfer clients, invoices, bank transactions, chart of accounts and historical financial data.

Our team can guide you through the process and help ensure your data is set up correctly from day one. If you’re concerned about disruption, most businesses can continue normal operations while migration activities are completed in parallel.

We also provide onboarding assistance and training resources to help you get up and running quickly, so you can focus on running your business rather than managing a complicated software transition.

Will I lose any historical data if I switch?
No. Your historical financial data can be imported as part of the migration process. While the level of detail may depend on your previous system, we aim to ensure you retain access to key records for reporting and compliance.
How long does it take to switch to Reckon?

Most small to medium businesses can be up and running in a few days. Our team can help streamline the process so you’re not stuck managing a lengthy transition.

We also provide step-by-step onboarding guidance so you can switch at a pace that suits your business.

How does Reckon support compare to Xero and MYOB?

Reckon gives customers access to phone support during business hours, as well as email, online help resources, webinars and community support.

Every Reckon One trial also includes a complimentary onboarding session with a product expert to help you get set up faster.

While support models vary between providers, many businesses value having direct access to phone support alongside self-service resources when they need assistance with setup, troubleshooting or day-to-day questions.

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

Try Reckon One for free, cancel anytime.