Akaunting vs Xero

Akaunting is an open-source online accounting software for small businesses, freelancers, and accountants. It provides invoicing, expense tracking, bank feeds, and financial reporting with a modular app system for extending functionality. Akaunting is available as a self-hosted installation or as a managed cloud service with tiered pricing.

Xero Cloud-based accounting software for small businesses with bank reconciliation and invoicing.