Compare Xero and Clear Books - Sep 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - Xero or Clear Books?

Clear Books is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than Clear Books (81/100). Xero offers users more features (13) than Clear Books (5). There is a clear winner in this case and it is Xero!

Looking for the right Core Accounting solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Xero Vs. Clear Books Limited.

Xero : Xero was founded in July 2006 by successful technology entrepreneur Rod Drury and specialist small business accountant Hamish Edwards. Xero is listed on the New Zealand Stock Exchange and the Australian Securities Exchange and is a fast growing company with teams in Wellington, Auckland, Melbourne, Sydney, Brisbane, San Francisco, and Milton Keynes...

Clear Books Limited.: The Clear Books journey began in 2008 and the story is similar to that of many of our small business customers. Founder, Tim Fouracre, started the company working on his own for 15 months from his living room. Roll forward several years and the company has grown into a vibrant and established business employing 20 brilliant people with thousands of...

Who is more expensive? Xero or Clear Books?

The real total cost of ownership (TCO) of Core Accounting software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Xero and Clear Books.

Xero price starts at $12 per month , On a scale between 1 to 10 Xero is rated 2, which is much lower than the average cost of Core Accounting software. Clear Books price starts at $6.94 per month , When comparing Clear Books to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.

Bottom line: Xero cost is around the same cost of Clear Books.

Which software includes more/better features?

We've compared Xero Vs. Clear Books based on some of the most important and required Core Accounting features.

Xero: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets, Purchase Orders, Data Analysis Tools, Forecasting.

Clear Books: Accounts Payable, Accounts Receivable, Billing & Invoicing, Purchase Orders, Accounting & Finance.

Target customer size

Xero is best for small businesses, freelancers and non-profit organizations. and Clear Books's target customer size include: Small businesses and start ups.