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Xero vs. Hnry

Wanting an alternative to Xero? Here's how Hnry is better for sole traders than traditional accounting software.

What's the difference between Hnry and Xero?

Comparison between Xero and Hnry showing Hnry's advantages for sole traders Comparison between Xero and Hnry showing Hnry's advantages for sole traders

Why choose Hnry?

A phone screen showing Hnry's interface with a comparison to Xero, highlighting Hnry's all-in-one solution for sole traders.
A phone screen showing Hnry's interface with a comparison to Xero, highlighting Hnry's all-in-one solution for sole traders.
  • We're pay-as-you-earn.

    Pay only 1% +GST on your self-employed income as you earn, which we'll automatically claim as a business expense for you.

  • We're your accountant.

    Along with automatically calculating and paying your taxes as you go, we do everything a traditional accountant does for sole traders (so there's no need to pay for both).

  • We're here for you.

    Our local team of sole trader tax experts are here to help you with your gnarliest questions and situations.

Deciding between Xero or Hnry? It's like comparing apples and fruit salad.

Fruit Salad

Why go out and pay for individual bits of fruit, when you can get it all (and all the extra good bits), for less?

We don't believe in raising our prices every year, or paying for an accountant on top of overcomplicated software, or not being able to talk to humans when you need a hand.

We're not just your software, and we're not just your accountant. We're both and more, at the same time.

1% +GST

of your self-employed income, capped at $1,500 +GST per year.

Payment type

Only pay when you're earning self-employed income. No monthly subscriptions. No hidden fees.

What do we offer?

Hnry is your accountant, your software, and a service that automatically calculates and pays your tax.

Nothing else required.

Xero's Ignite Plan

$35 / mo.

for the Ignite plan (different plans are available at higher costs), plus accountant fees.

80% of Xero customers also have a traditional accountant.

Payment type

Monthly subscription with tiered pricing. Additional costs for add-ons and features.

What do they offer?

Accounting software that helps streamline your bookkeeping, but you'll still need an accountant to handle your taxes.

Accountant sold separately.

Traditional
accountants

$1,920 / yr.*

on average.

Payment type

Invoice after service.

What do they offer?

An accountant will use software to manage business finances and prepare accounts and tax returns.

Accounting software required.

*Source: The Hnry Sole Trader Pulse, an independent survey of sole traders conducted by Resolve Strategic.

  • The setup process was super easy - I just had to input all my basic information and I was ready to go.

    Vanessa Radich Independent Contractor

  • Allocations, expenses, uploading of receipts. It’s good that Hnry can bring it all together as one. Rather having this software for this and that software for that. It’s all just magical to me!

    Bowlen Tui Self-employed Gardener

  • The transition to being a contractor using Hnry was basically seamless. Hnry just makes everything so much easier.

    Alex Penney Self-employed builder

  • I can send an invoice, then the payment goes straight into my Hnry Account. Hnry allocates money to my taxes, KiwiSaver, ACC and student loan, as well as GST. Within a couple of hours, I then get the rest of the money into my own personal bank account.

    Abbey Palmer Self-employed Health Professional

  • I can see ALL of my self-employed financial admin in the Hnry app. This is where I invoice, this is where my expenses go, it shows my income and all my payslips are there - it’s everything in one spot!

    Lauren Wooton Media Consultant

  • There’s no monthly subscriptions, you only pay when you’re earning. To me 1% of my income is nothing, I’d pay them 5% - it’s that good for me.

    Lauren Wooton Media Consultant

Features Hnry logo
Taxes calculated and paid automatically as you earn
Debit card (to automate expenses)
Support from expert accountants
Tax returns filed
Raise and track expenses
Review expenses
Invoices and quotes
unlimited
Transaction reconciliation
Accept credit card payments
Automatic mileage expense tracking
Specifically designed for sole traders
Pay-as-you-earn pricing (no subscriptions)
Automatic tax payments
Expert accountants included
Regular price increases
Features Xero's Ignite Plan
Taxes calculated and paid automatically as you earn
Debit card (to automate expenses)
Support from expert accountants
Tax returns filed
Raise and track expenses
tracking only
Review expenses
Invoices and quotes
limited
Transaction reconciliation
manual review required
Accept credit card payments
with additional charges
Automatic mileage expense tracking
Specifically designed for sole traders
Pay-as-you-earn pricing (no subscriptions)
Automatic tax payments
Expert accountants included
Regular price increases
Features Traditional
accountants
Taxes calculated and paid automatically as you earn
Debit card (to automate expenses)
Support from expert accountants
with additional charges
Tax returns filed
Raise and track expenses
Review expenses
Invoices and quotes
Transaction reconciliation
Accept credit card payments
Automatic mileage expense tracking
Specifically designed for sole traders
Pay-as-you-earn pricing (no subscriptions)
Automatic tax payments
Expert accountants included
but not always sole trader specialists
Regular price increases
Features Hnry logo Xero's Ignite Plan Traditional
accountants
Taxes calculated and paid automatically as you earn
Debit card (to automate expenses)
Support from expert accountants
with additional charges
Tax returns filed
Raise and track expenses
tracking only
Review expenses
Invoices and quotes
unlimited
limited
Transaction reconciliation
manual review required
Accept credit card payments
with additional charges
Automatic mileage expense tracking
Specifically designed for sole traders
Pay-as-you-earn pricing (no subscriptions)
Automatic tax payments
Expert accountants included
but not always sole trader specialists
Regular price increases

Our Reviews