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Xero vs InvoicePlane

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

Xero InvoicePlane
Tagline Cloud accounting for small businesses. Simple invoicing for freelancers and consultants.
License Proprietary SaaS MIT
Pricing Starter from $15/month. Free to self-host
Self-host option No Yes — difficulty 1/5
Hosted cloud available Yes (only option) No
Desktop apps Varies by product Web only
Mobile apps Official apps typically available None official
Ad slot — between tables

Best for

Freelancers who just need clean invoicing.

InvoicePlane strengths

  • Runs on cheap PHP/MySQL hosting.
  • Focused on the invoicing workflow.
  • Great for solo freelancers.

InvoicePlane weaknesses

  • Development pace has slowed in recent years.
  • Feature set narrower than Akaunting.
  • UI is functional, not modern.

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 InvoicePlane on its project page.