Xero wins on more features overall (3 vs 0, 16 tied). Below is the full feature-by-feature breakdown.
| Feature | QuickBooks Online | Xero |
|---|---|---|
| Free plan |
✗ No
30-day trial only
|
✗ No
30-day trial only
|
| Entry paid plan |
— Paid add-on
AU$33/mo Simple Start, AU$49/mo Essentials
|
— Paid add-on
AU$35/mo Starter, AU$70/mo Standard
|
| Download PDF without signup |
✗ No
|
✗ No
|
| Feature | QuickBooks Online | Xero |
|---|---|---|
| Unlimited invoices |
— Limited
Simple Start caps at 20 invoices/month
|
— Limited
Ignite caps at 20 invoices/month — unlimited requires Grow at AU$78
|
| Custom logo & branding |
✓ Yes
|
✓ Yes
|
| Recurring invoices |
— Paid add-on
Essentials plan and above
|
✓ Yes
|
| Email invoices to clients |
✓ Yes
|
✓ Yes
|
| Multi-currency |
— Paid add-on
Plus plan only
|
— Paid add-on
Premium plan only
|
| Client management |
✓ Yes
|
✓ Yes
|
| Feature | QuickBooks Online | Xero |
|---|---|---|
| ATO-compliant GST invoices |
✓ Yes
|
✓ Yes
|
| ABN field built in |
✓ Yes
|
✓ Yes
|
| Australian-focused support |
— Limited
US-headquartered, AU support via partner network
|
✓ Yes
|
| Feature | QuickBooks Online | Xero |
|---|---|---|
| Bank reconciliation |
✓ Yes
|
✓ Yes
|
| Expense tracking |
✓ Yes
|
✓ Yes
|
| Payroll |
— Paid add-on
+AU$5/mo per employee
|
— Paid add-on
+AU$10/mo per employee
|
| Inventory tracking |
— Paid add-on
Plus plan only
|
✓ Yes
|
| Feature | QuickBooks Online | Xero |
|---|---|---|
| Stripe payments |
✓ Yes
|
✓ Yes
|
| Mobile app |
✓ Yes
|
✓ Yes
|
| Feature | QuickBooks Online | Xero |
|---|---|---|
| Setup time |
✗ No
30+ minute guided setup
|
✗ No
Days — requires chart of accounts setup
|
Xero matched or beat QuickBooks Online across every category.
Neither tool fits your invoicing-only workflow? Try InvoiceSonic — free for unlimited ATO-compliant tax invoices, no signup required.
Create a free invoice now →QuickBooks Online starts at AU$33/mo (Simple Start); Xero starts at AU$37/mo (Ignite — 20 invoices). QuickBooks Online offers 30-day free trial. Xero offers 30-day free trial.
For ATO-compliant GST: QuickBooks Online = yes, Xero = yes. For native ABN field: QuickBooks Online = yes, Xero = yes. If you operate in Australia and either tool falls short here, InvoiceSonic handles both natively — and it's free.
Most freelancers want fast invoicing without paying for full accounting. Between these two, Xero wins more categories overall. But if you're a freelancer who just wants ATO-compliant tax invoices for free, InvoiceSonic is purpose-built for that workflow.
Do not assume a one-click migration. Confirm each product's current export and import formats, then test contacts, opening balances, unpaid invoices, tax codes, attachments and reconciliations before cancelling the old account. Keep statutory records outside both systems.
Both tools include more than invoicing. If invoicing is your only need, a dedicated generator can be faster and more focused than a full accounting subscription.
Yes — InvoiceSonic lets you create and download an invoice without signup. Its account plans have separate limits and pricing, so compare current official plans before deciding.