Independent: paid links never change the order. Every fact checked with the vendor.

How we review

MoneyMonk or Xero?

Price, integrations and Netherlands check side by side.

MoneyMonk

for freelancers and SMEs

Bookkeeping for freelancers (zzp) with bank connection, VAT and income tax returns, Peppol and a free start.

from €9 /month
7 of 7 NL check
Xero

for freelancers and SMEs

Online bookkeeping from New Zealand with invoices and bank reconciliation; in the Netherlands via the Global edition.

Price on request
1 of 7 NL check

The differences

  • MoneyMonk stores your data in the EU, Xero does not.
  • MoneyMonk is a Dutch company, Xero is not.
  • Only MoneyMonk integrates with Mollie, ABN AMRO, ING, Rabobank, bunq, Knab, Triodos and Revolut.
  • Only Xero integrates with Stripe, PayPal, Wise, Dext, Syft and Tradify.

Side by side

MoneyMonk compared with Xero
MoneyMonkXero
Pricefrom €9/monthOn request
Support in Dutch✓ YesUnknown
App in Dutch✓ YesUnknown
Data in the EU✓ Yes✕ No
Data processing agreement✓ Yes✓ Yes
iDEAL✓ YesUnknown
Peppol e-invoices✓ YesUnknown
Company in the Netherlands✓ Yes✕ No
IntegrationsMollie, ABN AMRO, ING, Rabobank, bunq, Knab, Triodos, RevolutStripe, PayPal, Wise, Dext, Syft, Tradify
Free trial30 days30 days
Stackwijs verdictNo verdict yetNo verdict yet
User reviewsNo reviews yetNo reviews yet
For whomfreelancers, SMEsfreelancers, SMEs

Facts checked on the vendors' websites.

MoneyMonk or Xero: questions

What is the difference between MoneyMonk and Xero?

MoneyMonk stores your data in the EU, Xero does not. MoneyMonk is a Dutch company, Xero is not. Only MoneyMonk integrates with Mollie, ABN AMRO, ING, Rabobank, bunq, Knab, Triodos and Revolut. Only Xero integrates with Stripe, PayPal, Wise, Dext, Syft and Tradify.

Which one do you choose?

We sometimes earn from a click. That does not change the order. How we make money

MoneyMonk

Bookkeeping for freelancers (zzp) with bank connection, VAT and income tax returns, Peppol and a free start.

Suits freelancers (zzp) and starters looking for a simple bookkeeping package with VAT and income tax returns and a free start.

Price
from €9 /month
Try it
30 days free
NL check
7 of 7

Xero

Online bookkeeping from New Zealand with invoices and bank reconciliation; in the Netherlands via the Global edition.

Suits anyone looking for English-language accounting software with many integrations who handles VAT returns and bank import themselves.

Price
Price on request
Try it
30 days free
NL check
1 of 7

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