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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 pricing starts from only $24/month, Xero starts from $35!

reckon one alternative to xero

Why choose Reckon over Xero?

Better value, fair pricing, no hidden costs, and support thatโ€™s actually there when you need it.

Save Big With Reckon

Save big with Reckon

Reckonโ€™s entry-level plan is justย $24/month, compared to Xeroโ€™s starter tier at aroundย $35/month – thatโ€™s 37% cheaper. And every Reckon plan remains more affordable than Xeroโ€™s middle tier, giving your business better value without compromising on features.

Fair Pricing Tiers

Fair pricing tiers you can rely on

Reckonโ€™s tier structure grows with your business, without forcing steep jumps. Xeroโ€™s starter plan limits you toย 20 invoices and 5 bills per month, meaning you have to upgrade quickly to handle growth. With Reckon, you get a flexible plan, unlimited invoices and tiers that scale at a sensible price.

Avoid Hidden Costs

Avoid hidden costs

Xero Expenses is only forย 1 user. Got 2 employees? You’ll need theirย $75/month plan, plusย $5 per additional user per month. Project management and other features also add extra fees. Reckon includesย unlimited users and features, so there are no surprises.

Support That's Actually There

Support thatโ€™s actually there

*Pricing listed compares the monthly cost of Xero โ€˜Igniteโ€™ and ‘Grow’ plans. Pricing lists at the standard price, correct as of November 2025.

Get more features for less

Xero โ€˜Igniteโ€™ plan vs Reckon โ€˜Accounting Plusโ€™ plan

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Track GST & BAS

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Cash flow reporting

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Create budgets

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35+ insightful reports

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Bank accounts feeds

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Create & send invoices

20 invoices only

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Bills

5 bills only

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iOS & Android invoice app

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Free phone support

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Free onboarding session

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Monthly price

$35.00

$24.00

This online software comparison table includes data from Xeroโ€™s โ€˜Igniteโ€™ plan and Reckonโ€™s โ€˜Accounting Plusโ€™ plan. Reckon vs Xero accounting data correct as of November 2025. Reckonโ€™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.

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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

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

Yes. Moving to Reckon is designed to be straightforward. We support guided data migration from major accounting platforms, including your chart of accounts, contacts, invoices, and historical transactions. Our onboarding support team can assist to reduce downtime and ensure your books are set up correctly from day one.

If youโ€™re concerned about disruption, most businesses find they can continue normal operations while the migration is being completed in parallel.

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 hasnโ€™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.

Does Reckon support Single Touch Payroll (STP) compliance?

Yes. Reckon is fully ATO-compliant and supports Single Touch Payroll (STP) reporting, including STP Phase 2 requirements.

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.

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 youโ€™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.

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.
Is Reckon suitable if I work closely with clients or multiple entities?
Yes. Reckon supports multi-entity and practice-style workflows, making it suitable for accountants and businesses managing multiple clients or organisations. You can maintain separation of entities while still working efficiently across your portfolio.

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

Try Reckon One for free, cancel anytime.