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European alternatives · brand from US / New Zealand

European alternatives to QuickBooks / Xero

QuickBooks / Xero (US / New Zealand): Small-business accounting. TechForMerchant only ranks companies headquartered in the European Union. Here are the 6 EU-based solutions that cover the same need, ranked by value.

  1. 1
    PennylaneEstablishedAccounting & invoicing
    All-in-one accounting and finance platform shared with your accountant
    Best for French SMEs and restaurant or retail groups that want invoicing, banking and bookkeeping in one place their accountant also works in.
    France, Parisfounded 2020from €7/month
    Deployment9Ease of use7Innovation8Price & terms7
    Market penetration9.0
    Adoption9Integration9
    7.8
    value score / 10
  2. 2
    sevDeskEstablishedAccounting & invoicing
    Cloud accounting and invoicing for German small businesses
    Best for German and Austrian small businesses that want low-cost cloud invoicing and bookkeeping with DATEV export and accountant access.
    Germany, Offenburgfounded 2013from €9.90/month
    Deployment10Ease of use8Innovation6Price & terms8
    Market penetration8.0
    Adoption8Integration8
    7.6
    value score / 10
  3. 3
    MoneybirdEstablishedAccounting & invoicing
    Simple online bookkeeping for Dutch and Belgian entrepreneurs
    Best for Dutch and Belgian freelancers and small shops that want simple bookkeeping with stable pricing and a long free trial.
    Netherlands, Enschedefounded 2008from €15/month
    Deployment10Ease of use9Innovation5Price & terms8
    Market penetration7.5
    Adoption8Integration7
    7.4
    value score / 10
  4. 4
    Fatture in CloudEstablishedAccounting & invoicing
    Electronic invoicing and bookkeeping for Italian micro-businesses
    Best for Italian freelancers and shops that need SDI electronic invoicing and basic bookkeeping at a very low price with an accountant portal.
    Italy, Pesarofounded 2013from €4/month
    Deployment10Ease of use8Innovation4Price & terms9
    Market penetration8.0
    Adoption9Integration7
    7.0
    value score / 10
  5. 5
    HoldedEstablishedAccounting & invoicing
    Cloud ERP with accounting, invoicing, inventory and CRM for Spanish SMEs
    Best for Spanish shops and small companies that want invoicing, accounting and stock in one tool with VeriFactu compliance built in.
    Spain, Barcelonafounded 2016from €15/month
    Deployment8Ease of use7Innovation6Price & terms7
    Market penetration8.0
    Adoption8Integration8
    6.8
    value score / 10
  6. 6
    FakturowniaEstablishedAccounting & invoicing
    Polish invoicing and warehouse software with KSeF integration
    Best for Polish shops and small companies that need KSeF-ready invoicing with warehouse and fiscal-printer modules and a free micro plan.
    Poland, Warsawfree tier
    Deployment9Ease of use8Innovation4Price & terms8
    Market penetration7.5
    Adoption8Integration7
    6.6
    value score / 10

Questions merchants ask about European small-business accounting solutions

Is QuickBooks / Xero available in Europe?

QuickBooks / Xero is headquartered in US / New Zealand. This comparator does not rank it, because it only lists companies whose registered seat and headquarters are in the European Union. For small-business accounting, 6 EU-headquartered solutions are ranked here: Pennylane, sevDesk, Moneybird, Fatture in Cloud, Holded, Fakturownia.

What do European restaurants and shops use instead of QuickBooks / Xero?

The highest-rated European alternatives are Pennylane (France, 7.8/10), sevDesk (Germany, 7.6/10), Moneybird (Netherlands, 7.4/10). The value score weighs deployment simplicity, ease of use, innovation (counted double) and price.

How much does a European alternative to QuickBooks / Xero cost?

Entry prices as published or reported: Pennylane €7/month · sevDesk €9.90/month · Moneybird €15/month · Fatture in Cloud €4/month · Holded €15/month · Fakturownia Free. Scores and prices are refreshed every month.

Ranking computed by AI (Claude) from customer reviews, comparators, trade associations and the news · editorial responsibility Camille POTVIN · reviewed 23 Sep 2026 · how this page is made