Xero for multiple companies: one login, one bill per organization

Three companies cost $177 a month on Xero Growing

Early allows 20 invoices and 5 bills a month, which a real operating company outgrows quickly. Growing and Established have no invoice or bill limits. Prices were $25, $55 and $90 until September 30, 2026.

For comparison, Accountable Pro is $149 for two companies and $198 for three, with all of them side by side; see the cost calculator.

How to set up a second company in Xero

1. 1

   Step 1: Sign in to Xero with the login you already use.

2. 2

   Step 2: Open the organization menu at the top left and add a new organization.

3. 3

   Step 3: Enter the company's legal name, country and industry, then choose a plan and add billing for it.

4. 4

   Step 4: Set up the chart of accounts, connect the company's own bank accounts, and invite its accountant.

5. 5

   Step 5: Switch between companies from the same organization menu.

Keep one legal company per organization. Tracking categories can split one company's numbers by department or product, but they don't separate two legal entities' books.

Money between your companies is posted twice, once in each organization

When one company lends another $50,000, the lender records a loan receivable and the borrower a loan payable, in two separate organizations. Nothing links the two entries, so check each month that the balances match.

The intercompany loans guide covers interest and paperwork.

Combined statements need another app

Xero reports one organization at a time. Xero's own training for owners of several entities uses Syft Analytics, a reporting app Xero owns, to consolidate them, and other apps such as Joiin and Fathom do the same for a monthly fee.

If you want a combined view without a second tool, choose software that keeps every company in one workspace. The consolidated statements guide shows what the combined report adds up and eliminates.