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European & open-source alternatives to Xero

12 European and open-source alternatives to Xero — privacy-friendly tools built and hosted in Europe.

Updated 9 Sep 2026 · refreshed weekly

Billomat

Finance & payments · DE

German online invoicing and accounting tool for freelancers and small businesses, with GoBD-compliant archiving and DATEV…

DATEV

Finance & payments · DE

German IT cooperative supplying accounting, tax and payroll software used by 40,000+ tax advisors and auditors — one of Europe's…

Debitoor

Finance & payments · DK

Danish invoicing tool for freelancers and small businesses (now part of SumUp) with simple invoicing, expense tracking and VAT…

Exact Online

Finance & payments · NL

Dutch cloud accounting and business management software for SMEs, headquartered in Delft.

FreeAgent

Finance & payments · GB

Edinburgh accounting platform for UK freelancers and small companies with deep UK tax compliance (MTD, Self Assessment), now part…

Holded

Finance & payments · ES

Spanish all-in-one business management platform from Barcelona unifying accounting, invoicing, CRM, HR and inventory for SMEs…

Lago

Finance & payments · FR · Open source

French open-source metering and billing platform (YC-backed) for usage-based pricing, handling event ingestion, metering…

Lexoffice

Finance & payments · DE

German bookkeeping, invoicing and accounting software for small businesses, from Freiburg.

Moneybird

Finance & payments · NL

Dutch online invoicing and bookkeeping platform for small businesses, from Enschede.

Pennylane

Finance & payments · FR

Paris-based all-in-one financial and accounting platform for European SMEs and accounting firms.

Sage

Finance & payments · GB

Accounting, payroll and ERP software for small and medium businesses.

sevdesk

Finance & payments · DE

German online invoicing and accounting for freelancers and small businesses, from Offenburg.