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Xero vs MyFirmsApp: Which Is Better Accounting Software?


Last Updated: 20 May 2025
Reviewed By: Ian Wright (Managing Director)

Which accounting software is better Xero or MyFirmsApp?

We compare them based on real user reviews, prices and what features they both offer.

Xero homepageMyFirmsApp homepage
 

Xero vs MyFirmsApp Basics

XeroMyFirmsApp
Software WebsiteXero WebsiteMyFirmsApp Website
HMRC MTD StatusApprovedNot Included
Who Can Use It?Agents and businessesBusinesses and Accountants
HMRC Listed FeaturesDigital record keeping, Updates to HMRC for self-employment, Tax estimates from HMRC based on provided updates, Updates to HMRC for UK propertyA compliant App solution for accountants and bookkeepers that handles income, expenses and more
PlatformsWeb-based application, Android, iOSiPhone, iPad, Android, web
Note data for this section comes from HMRC here and here

Xero vs MyFirmsApp Reviews

Wondering if Xero or MyFirmsApp has better user reviews. We compared them below.

XeroMyFirmsApp
Trustpilot Rating4.3No Rating
Number of Trustpilot Reviews6017No Reviews
iPhone App Rating4.73.8
Number of iPhone Reviews1270042
Android App Rating4.63.7
Number of Android Reviews1190038
Please note ratings we’re accurate at the time of writing but may have since changed

Xero vs MyFirmsApp Prices

Which is cheaper Xero or MyFirmsApp? Here are their prices compared.

Xero pricingMyFirmsApp pricing

Free Plans & Trials

XeroMyFirmsApp
Free Plan?NoNo
Free Trial?YesNo
Free Trial Length?30 daysNo
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

XeroMyFirmsApp
Cheapest Plan Cost Per Month£7.50Not Listed
Mid-Tier Plan Cost Per Month£15.00NA
Top Plan Cost Per Month£27.50NA
Data taken from each company’s website at the time of writing but may have since changed.

Xero vs MyFirmsApp Features

Xero featuresMyFirmsApp features

Xero Basic Features

  • Send invoices and quotes
  • Enter bills
  • Reconcile bank transactions
  • Submit VAT returns to HMRC
  • Capture bills and receipts with Hubdoc
  • Automatic CIS calculations and reports
  • Short-term cash flow and business snapshot
  • Payroll
  • Claim expenses
  • Track projects
  • Analytics Plus
  • Submit CIS returns

Xero Software Integrations

  • BlueHub
  • LimeCloud
  • Outserve

MyFirmsApp Basic Features

  • Meaningful, insightful content
  • Updated daily and weekly
  • Searchable 24/7
  • Proactive push notifications
  • All done for you
  • Full customisation
  • 37 Powerful tools for you and your clients
  • Dedicated support and services
  • Everything in one place

MyFirmsApp Software Integrations

Not Listed

Common Feature Comparison

XeroMyFirmsApp
Payroll Software IntegrationYesNo
Track VATYesYes
VAT FilingYesYes
Real-Time Financial ReportsYesYes
Prepare Self AssessmentYesYes
Income Tax EstimatesYesNo
Manage Income & ExpensesYesYes
Create InvoicesYesYes
Forecast Cash FlowYesYes
Accept and Make Payments In Different CurrenciesYesNo
Employee Time TrackingYesNo
ProjectsYesNo
Bank Feed IntegrationYesNo
End of Year FilingsYesYes
Capture Bills And ReceiptsYesYes
Bulk Reconcile TransactionsYesNo
Track Inventory & Stock LevelsYesNo

XeroMyFirmsApp
Pros
  • User Friendly
  • User Interface
  • Saves Time
  • Integrations
  • Cloud Based
  • Dedicated account managers
  • Accelerate Client App downloads with Auto-launch
  • E-Learning Hub
Cons
  • Expense Report Issues
  • Not User Friendly
  • Expensive
  • Room for Improvement
  • Technical Issues
  • No pricing on website
  • Low review score

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