Xero for Canadian Businesses (2026): The Modern Standard
The cloud accounting favorite for Canadian startups, agencies, and ecommerce brands. Cleaner design, better app ecosystem, and included receipt capture.
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At a Glance
Best For
Agencies, Startups, and Ecommerce (Shopify/Amazon/Stripe).
Not Ideal For
Construction with heavy job costing (use QBO or Procore).
CPA Verified Review
"We default to Xero for 90% of our clients. The user interface promotes cleaner data entry, and Hubdoc is included for free."
— Seb Prost, CPA
Founder, LedgerLogic
February 2026
Why We Choose It
- Includes Hubdoc free for receipt capture (saves ~$20/mo).
- Unlimited users on all plans (don't pay extra for your team).
- Superior "Find & Recode" tool lets us fix generic bookkeeping errors instantly.
- Cleanest minimalist interface = less clutter.
- Best-in-class integration with Shopify, Stripe, and Dext.
What to Watch For
- Bank feeds can be finicky with smaller Canadian credit unions.
- Reporting is powerful but requires initial setup to look good.
- Multi-currency is locked behind the most expensive tier.
| Feature | Why it matters | Our Take |
|---|---|---|
| Bank Feeds | Syncs transaction data automatically | Xero uses Yodlee/Flinks. Connects to RBC/TD/BMO well. |
| Receipt Capture | Audit-proofing your expenses | Included (Hubdoc). No need to pay extra. |
| User Limits | How many staff can access it | Unlimited on ALL plans. Huge win over QBO. |
Xero Canada Pricing (2026)
Choose the plan that fits your business needs
Starter
$25/month
Perfect for side hustles
Standard
Recommended$55/month
Best for most businesses
Premium
$75/month
For multi-currency needs
Special Offer: Get 90% off for your first 6 months. Prices in CAD before taxes.
How We Implement It
Our standard playbook for rolling this out correctly.
Chart of Accounts
We tailor the category list to your industry (e.g., separating "SaaS Costs" from "Office Supplies").
Bank Connection
Securely connect your banks. If you rely on OTP, we might set up a read-only feed.
Hubdoc Setup
We configure your custom email address so bills flow straight to Xero automatically.
Invoice Branding
Add your logo + Interac e-Transfer payment instructions clearly.
Data Migration & Import
Migrating from QBO, Sage, or Wave? We handle the conversion. From Excel? We import your opening balances as of your last year-end.
Stack Setup Sprint
We'll configure Xero and connect your entire tech stack in one focused sprint.
What's Included
- Full Account Configuration
- Bank & App Integrations
- Opening Balances Import
Deliverables
- QA & Test Transaction
- SOP Checklist for Team
- 1-Hour Handover Call
Typical completion: 3-5 business days
Frequently Asked Questions
Does Xero handle GST, HST, and PST/QST?
Is Xero better than QuickBooks Online?
Can I do my own bookkeeping in Xero?
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