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Xero vs Akaunting

A side-by-side look at Xero (the paid SaaS) and Akaunting (the open source alternative). Use this page to decide if the switch fits your team and workflow.

Xero Akaunting
Tagline Cloud accounting for small businesses. Online accounting software for small businesses.
License Proprietary SaaS GPL-3.0
Pricing Starter from $15/month. Free to self-host · optional paid hosted plan
Self-host option No Yes — difficulty 2/5
Hosted cloud available Yes (only option) Yes
Desktop apps Varies by product Web only
Mobile apps Official apps typically available iOS, Android
Ad slot — between tables

Best for

Small businesses that want clean cloud-style accounting, self-hosted.

Akaunting strengths

  • Approachable for non-accountants.
  • Paid app store for advanced modules.
  • Decent docker self-host.

Akaunting weaknesses

  • Some advanced features behind paid apps.
  • Smaller accountant community than QuickBooks.
  • Multi-currency handling can lag in edge cases.

What's the catch with Xero?

  • Subscription-only — no one-time purchase.
  • Data lives in Xero cloud.
  • Multi-currency restricted to higher plans.

Still unsure?

Check the full list of alternatives to Xero: see Xero alternatives, or learn more about Akaunting on its project page.