Nonprofit Tools
XerovsZoho Books

Xero vs Zoho Books for nonprofits

Choose Xero if…

Small and medium charities that want a widely supported, accountant-friendly system

Not ideal for: Organisations that need true fund accounting with built-in restricted-fund reports

Choose Zoho Books if…

Small charities wanting cheap accounting with multi-currency

Not ideal for: Organisations needing true fund accounting

XeroZoho Books
Our rating●●●●●●●●●○
PriceFrom US$27/month (UK: £18/month ex VAT)Free plan · paid from US$15/month (Standard, billed annually; US$20 billed monthly)
Nonprofit offerRegistered not-for-profits get 25% off Xero's business pricing plans (confirmed on the UK page; Xero describes the discount as global).Registered charities, trusts and societies get 15% off Zoho Books. Zoho for Nonprofits also gives a one-off US$5,000 wallet credit that pays 50% of eligible purchases for 5 years.
TypeSpecialistSpecialist
SuitsVolunteer-run, Small, MediumVolunteer-run, Small, Medium
Available in🌍 Anywhere🌍 Anywhere
Strengths
  • Very widely used, so accountants and bookkeepers know it
  • Local editions for UK, Australia, New Zealand and US
  • Large marketplace of connected apps
  • Genuine free plan for small organisations
  • Low prices and a 15% charity discount
  • Works in many countries
Watch out for
  • No built-in fund accounting; funds are handled with tracking categories
  • Plans limit invoices and bills on the cheapest tier
  • Not-for-profit discount must be requested within 31 days of subscribing
  • No native fund accounting
  • Bank feed coverage varies by country
  • Smaller accountant community than Xero or QuickBooks
Key features
  • Bank feeds and automatic reconciliation
  • Invoices, bills and quotes
  • Tracking categories to report by programme or grant
  • Donation receipts and payment tracking
  • Project-based tracking of income and expenses
  • Multi-currency

Our ratings: Xero: Popular cloud accounting with a nonprofit discount in many countries. Zoho Books: Low-cost accounting with a free plan and a charity discount.

General information, not professional advice. Prices and nonprofit offers change and our research is AI-assisted, so confirm with the vendor before you buy. Names and logos belong to their owners. Full disclaimer

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