Xero vs Stripdo (2026)

Xero is a cloud-based accounting platform that has built a strong reputation, especially in the UK, Australia, and New Zealand. It offers a full suite of financial tools: invoicing, bank reconciliation, expense tracking, payroll integration, and detailed reporting. For businesses that need a proper accounting system, Xero is one of the best options on the market.

The invoicing feature is solid. You can create professional-looking invoices, set up recurring schedules, and accept online payments. Xero also handles VAT and tax compliance well, which matters for businesses operating across borders or in VAT-registered countries.

If you use Stripe as your primary payment processor, though, you might not need the full power of an accounting suite just for invoicing. Stripdo offers a focused alternative: automatic invoice generation from Stripe payments for $39/year. This article compares both tools to help you pick the right one.

Stripdo is an invoicing tool built specifically for Stripe users. It connects to your Stripe account and automatically generates professional invoices every time a payment is made. It costs a flat $39/year with unlimited invoices and zero per-invoice fees.

Xero has three pricing tiers. The Starter plan costs $29/month ($348/year) and includes up to 20 invoices per month. The Standard plan at $46/month ($552/year) removes the invoice limit. The Premium plan at $62/month ($744/year) adds multi-currency support.

The Starter plan works well for very small businesses, though the 20-invoice limit may feel tight if you process regular Stripe payments. A SaaS company with 30 customers, for example, would need the Standard plan. The Standard plan is where most growing businesses land.

Multi-currency is available on the Premium plan. If you sell internationally through Stripe and need invoices in multiple currencies, this is worth factoring into the cost. Xero also offers add-ons like payroll ($6/month base plus $6 per employee) and integrates with third-party apps for inventory and CRM.

For comparison, Stripdo charges a flat $39/year with no invoice limits and multi-currency included. It is a much narrower tool (just invoicing from Stripe), but for businesses that only need that specific function, the price difference is significant.

Xero does not have a native, first-party Stripe integration for automatic invoice generation. To connect Stripe with Xero, you would use a third-party app like Stripe2Xero or Amaka, which typically cost $10 to $30 per month.

These connectors pull transaction data from Stripe and create corresponding entries in Xero. They work well for many businesses, though some users report occasional issues with delayed syncing, currency conversions, or duplicate entries on refunds. It is worth testing with your specific setup.

The workflow in Xero is invoice-first: you create an invoice, the customer pays (optionally via Stripe), and the payment is recorded. This works great when you are billing clients directly. For businesses that already collect payments through Stripe Checkout or the API and need invoices generated after the fact, the flow works differently.

Stripdo is built for that second workflow. It connects to Stripe via OAuth and generates invoices automatically from completed payments. If your main need is documentation for Stripe payments, Stripdo handles that natively. If you need invoices as part of a broader accounting workflow, Xero with a Stripe connector is the more complete solution.

Xero is a full accounting platform, and Stripdo is a focused invoicing tool for Stripe. They serve different needs, and for many businesses, Xero is genuinely the right choice. The decision depends on what you need beyond invoicing.

If you need bank reconciliation, expense tracking, financial reporting, and tax compliance, Xero provides real value and the monthly cost is justified. Many businesses use Xero as their primary financial system, and it integrates well with accountants and bookkeepers.

If your main requirement is generating invoices from Stripe payments, and you do not need the accounting features, Stripdo is a simpler option. It costs $39/year, connects directly to Stripe, and handles invoice generation automatically. No accounting setup, no third-party connectors.

Some businesses use both: Xero for accounting and Stripdo for Stripe invoicing. The two tools are not mutually exclusive, and Stripdo's focused approach means it does not conflict with your existing accounting workflow.

Stripdo is built for one specific workflow: turning your Stripe payments into professional invoices, automatically. Here's how it works:

Xero is an excellent accounting platform, and we recommend it for businesses that need full-service accounting alongside invoicing. If you work with an accountant, need bank reconciliation, or have complex tax requirements, Xero delivers real value.

For businesses whose primary need is auto-generating invoices from Stripe payments, Stripdo is a lighter, more affordable option at $39/year. It connects directly to Stripe and handles invoice generation without the overhead of a full accounting suite.

The good news is you do not have to choose one or the other. Many businesses run Stripdo for Stripe invoicing alongside Xero for accounting. If you are not sure which fits best, Stripdo takes less than a minute to set up, so you can try it and see how it fits your workflow.

Stripdo works alongside your existing tools. You can try it without changing anything about your current setup. The whole process takes less than a minute: