Alternative to Xero - Fiskl vs Xero Feature Comparison

Fiskl, a better Xero alternative

Looking for a Xero vs Fiskl comparison?

Trying to compare Xero and Fiskl and make an informed decision? Take a look at our feature and price list comparison below. But before you do, here is the summary of each platform and recommendation.

Xero is a double-entry accounting system with a medium to high level of complexity. If you have accounting or finance knowledge, can confidently manage a charts of accounts and assign debit and credit to the right ledger categories without the help with your accountant or have a finance person in-house, don’t need time or mileage tracking, you work from your desktop/laptop in the office and have and are not concerned about the monthly cost, than Xero might be for you.

Fiskl is a very intuitive, mobile friendly, single entry system which provides day to day financial management and productivity for both you and your team without the need for accounting knowledge or training. You and your team can get going with Fiskl within 5 minutes, and all features are supported equally on mobile or web. You can invoice in over 60 languages, take payments in 153+ currencies via multiple payment systems, have instant scanning with data extraction at your fingertips, and much much more! So if you are looking for a light, mobile and accessible app without the heavy complexity, then Fiskl is right for you and your team!

Based in London, United Kingdom, Fiskl has happy customers in 120 countries and it is compliant with local data and payments regulations, including SCA authentication, PCI DSS and EU Open Banking.

Fiskl, a better Xero alternative

Have a look and decide for yourself

APPLICATIONS
iOS application - full features
Limited features on mobile. Additional apps needed (at extra cost)
Android application - full features
Limited features on mobile. Additional apps needed (at extra cost)
iPad application
Limited features on tablets. Additional apps needed (at extra cost)
Tablet - mobile responsive
Limited features on tablets. Additional apps needed (at extra cost)
Web browser
Limited features on web Additional apps needed (at extra cost)
Chrome extension
CORE FEATURES
Invoices
Templates & Brands
Estimates/Quotes
Online Payments
Mobile Payments
Expenses (scanning/data extraction)
No live scanning/data extraction Additional fees apply
Time Tracking
Only available as an extra: £5 for 1 user / mo + £5 for each additional active user / mo.
Mileage Tracking (Google Maps)
Logged items
Limited
Product & Services Catalogs
Calendar & Tasks
Clients
No visual graphs
Multi-currency
Languages (invoices/payments)
Live FX rates
Only available on Premium subscription
Mini business dashboard
Single, multiple and compound tax
Custom tax categories
Non invoice income
Import data to Fiskl
Live chat support
Send invoices via WhatsApp, Telegram, iMessage
Email and link only
Client payment log
Exports
Permanent historical data access
No Fiskl branding
Custom domain for emails
CC/BCC for emails
Custom expense categories
Team & permissions
Limited permissions
Accountant access
Premium onboarding & training
PAYMENTS
Stripe
Paypal
iDeal
Chase payments/WePay
Apple Pay
Google Pay
GoCardless
EU SCA compliance
AUTOMATION
Scheduled payments
No payment scheduling
Recurring invoices
Payment reminders
INTEGRATIONS
Zapier integration
BANKING
Statement import (manual) September, 2021
Limited to 20 bank transactions on the Basic plan
Banking integration
Limited to 20 bank transactions on the Basic plan
Open banking integration (EU)
Not for EU
Automatic categorisation
Transaction splits & rules September, 2021
ACCOUNTING
Customisable chart of accounts September, 2021
Transaction journal table (edit double entry screen) September, 2021
Reconciliation September, 2021
Limited to 20 bank transactions on the Basic plan
Financial reports (double-entry) incl Ledger September, 2021
Inventory + advanced options H2 2021

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Compare pricing plans

  • $ USD
  • £ GBP

Fiskl

  • Free $0/month 1 user, invoice up to 5 clients, 150 logged items
  • Solo $9/month (paid yearly) 1 user, unlimited invoices, unlimited clients, 1 bank (unlimited accounts)
  • Pro $14/month (paid yearly) 2 users (+$4/user/month), unlimited invoices, unlimited clients, 3 banks (unlimited accounts), 3 automated feeds
  • Prime $23/month (paid yearly) 5 users (+$4/user/month), unlimited invoices, unlimited clients, unlimited banks and accounts, unlimited feeds

Xero

  • No Free account
  • Starter: $11/month Limited to 20 invoices and quotes, excludes expenses, time tracking and multiple currencies
  • Growing $32/month Excludes expenses, time tracking, multiple currencies.
  • Established $62/month

Fiskl

  • Free £0/month 1 user, invoice up to 5 clients, 150 logged items
  • Solo £9/month (paid yearly), 1 user, unlimited invoices, unlimited clients, 1 bank (unlimited accounts)
  • Pro £14/month (paid yearly), 2 users (+$4/user/month), unlimited invoices, unlimited clients, 3 banks (unlimited accounts)
  • Prime £23/month (paid yearly), 5 users (+$4/user/month), unlimited invoices, unlimited clients, unlimited banks and accounts, unlimited feeds

Xero

  • No Free account
  • Starter £10/month limited to 20 invoices and quotes, excludes multiple currencies. Additional extras: Expenses £2.50/user/month. Time: Require Project as an extra £5/user/month
  • Standard £24/month excludes multiple currencies. Additional extras: Expenses: £2.50/user/month Time: Require Project as an extra £5/user/month
  • Premium £30/month Expenses: £2.50/user/month. Time: Require Project as an extra £5/user/month

Additional extras: Expenses: £2.50/user/month Time: Require Project as an extra £5/user/month

Compare transaction fees

Thinking of making a move?

  • If you’re keen to move from Xero to Fiskl, we’re here to make the transition easy.
  • Import your client list, products and services as well as expenses via a CSV file.
  • Contact us if you’d like to import more extensive data from a different product (live chat or support email).