Mayday vs Double
Our guides give you a transparent view on the current solutions available, allowing you to make an informed decision that's right for your organisation's needs. Here we compare Mayday with Double.
Summary
If you're running the close on Xero, Mayday is the better fit, and by a wider margin than the feature lists suggest: Double's accruals, prepayments and deferred revenue don't run on Xero at all. If you want one system that handles tax returns, 1099s and practice admin alongside the close, Double is.
Mayday is a month-end automation platform for finance teams on Xero, QuickBooks Online and Intuit Enterprise Suite. It runs the close and automates the accounting inside it, for in-house teams and for practices running it across a client portfolio.
Double is an AI close platform built first for accounting firms, with practice tooling around it, and more recently an offering for in-house teams.
At a glance
| Capability | Mayday | Double |
|---|---|---|
| Close task management and checklists | Yes 1 | Yes |
| Balance sheet reconciliation review | Yes 1 | Yes |
| P&L variance analysis with AI-drafted commentary | Yes | Yes |
| Accruals, prepayments and deferred revenue on Xero | Yes | No 2 |
| Accruals, prepayments and deferred revenue on QuickBooks Online | Yes | Yes 3 |
| Fixed asset and loan amortisation schedules | No | Yes 3 |
| Intercompany balance reconciliation | Yes 4 | Partial 5 |
| Intercompany and interdepartmental recharges | Yes | Partial 6 |
| Cross-entity bank reconciliation | Yes | No |
| Group chart of accounts and tracking category management | Yes | No 7 |
| Consolidated group reporting | No | No |
| Practice tooling: client portal | Yes | Yes |
| Ledgers supported | Xero, QuickBooks Online, Intuit Enterprise Suite | QuickBooks Online, Xero, Sage Intacct, NetSuite 8 |
| Built for | In-house finance teams and accounting firms, single and multi-entity | Accounting firms, with an annual plan for in-house teams |
| Pricing basis | Per entity | Per connected client, published for firms 9 |
| SOC 2 certification | In progress 10 | Type II certified |
- Through Easy Month End, Mayday's close product. It's a separate application with its own login.
- Double's help centre states the accruals feature is available only to QuickBooks Online customers, on its Scale plan, in the US and Canada. Sage Intacct gets prepaid expenses only. Allocations are QuickBooks Online only.
- Scale plan, US and Canada. Covers prepaid expenses, fixed assets, accrued expenses, revenue recognition and loan amortisation, with journals posted back to the ledger. Payroll is listed as coming soon.
- Balancer maps loan account relationships across the group, shows a matrix of which balances disagree, matches AR and AP, and posts FX and interest journals.
- Double reconciles Due To/From balances between two accounting files and posts an offsetting journal from one into the other. Setup is pairwise and repeated in each direction, transfers are one journal at a time, and the help centre notes it doesn't support multi-line expenses or invoices.
- Double's Allocations split a balance or transaction across classes and locations inside one file, on QuickBooks Online. No public reference to recharging between entities.
- Chart of accounts access is documented as read-only. A recent changelog entry implies some sub-account creation is possible, so treat this as narrow rather than settled.
- Depth varies a lot. QuickBooks Online is deepest. Editing Xero transactions needs Double's Chrome extension and a Xero session that re-authorises roughly daily. Sage Intacct publishes a list of unsupported features. NetSuite has no integration setup article at all.
- $10, $25 or $50 per connected client per month for firms. In-house teams are an annual flat rate, quoted on request.
- Mayday's SOC 2 certification is under way. Current controls are published on the Mayday security page.
Checked against both companies' public pages and help centres in September 2026. Both ship weekly, so confirm anything that will decide it for you.
What both products do
Both products cover the core of a month-end close:
- Close checklists with owners, due dates, templates that roll forward and progress tracking
- Balance sheet reconciliation review against the ledger
- P&L variance analysis with AI-drafted commentary you can edit
- Automated journals posted back into the ledger rather than exported to a spreadsheet
- Review workflows with an audit trail of who did what
Both post journals rather than just flagging what needs posting, which puts them ahead of close tools that stop at a checklist. Where they separate is who they're built for, and what actually runs on your ledger.
Where Double is stronger
Running a practice end to end. Alongside a client portal, Double has a practice CRM, practice email, tax workflows, organisers, e-signatures, receipt capture by text message and 1099 management. More than 4,000 firms run their close on it. Mayday's Practice HQ gives partners a client portal and a view across their portfolio, but doesn't extend into tax and practice admin. For a firm that wants one system for everything, that's Double's argument.
Breadth of AI. A conversational agent that queries the ledger and builds spreadsheets in chat, AI-drafted journal entries from source documents, AI bank feeds with composable rules, AI workpapers, an MCP server and scheduled AI agents in private beta. Mayday uses AI in specific places, mostly recognition and variance commentary. Double has built an AI surface across the product.
Fixed assets and loan amortisation. Double's accruals module covers both, alongside prepaid expenses, accrued expenses and revenue recognition. Mayday doesn't do fixed asset registers or loan schedules at all. On QuickBooks Online in the US, that's a genuine gap in Mayday.
Reporting. Interactive P&L, balance sheet and cash flow statement, AI executive summaries, custom metrics and management report packs. Mayday's Flux handles variance analysis and nothing beyond it.
Reconciliation diagnostics. Upload a bank statement and Double's AI works out what's driving the difference, then saves the reasoning to the task. Mayday has no equivalent.
Where Mayday is stronger
On Xero, Double doesn't do the adjusting journals. This is the single biggest difference and it comes from Double's own help centre: accruals are available only to QuickBooks Online customers, on the Scale plan, in the US and Canada. Sage Intacct gets prepaid expenses and nothing else. Allocations are QuickBooks Online only. So a UK finance team on Xero gets Double's close checklist, review tools and reporting, and still builds prepayment, deferred revenue and accrual schedules in a spreadsheet. Mayday does all three on Xero, QuickBooks Online and Intuit Enterprise Suite, in every market.
Intercompany, properly. Double can tie a Due To/From balance between two files and push a single offsetting journal across. That's more than most competitors offer and worth crediting. Balancer works differently: a matrix across the whole group rather than one pair at a time, automatic matching, AR and AP as well as loan accounts, the transaction behind each difference surfaced, and FX and interest journals posted in a click. Double's own documentation describes pairwise setup repeated in each direction and one transfer at a time, and says the feature doesn't handle multi-line invoices or expenses.
Recharges between entities. Recharger allocates costs and revenue across entities and across departments and cost centres, posting invoices, bills or journals to both sides. Double's Allocations split a balance across classes and locations inside a single file, on QuickBooks Online only. Useful, but a different job.
Cross-entity bank reconciliation. BRAG matches a statement line in one Xero entity to a bill or invoice sitting in another, from inside Xero's own bank rec screen. Nothing in Double's material does this.
Group master data. Mayday HQ aligns chart of accounts, tracking categories and contacts across every entity and writes changes back into Xero. Double's chart of accounts access is documented as read-only, and its cross-file standardisation applies to Double's own task templates rather than the ledger.
Xero without the workarounds. Editing a Xero transaction in Double requires their Chrome extension and a Xero window that re-authorises about once a day. Mayday reads and writes to Xero directly.
Intuit Enterprise Suite. Mayday supports it. Double doesn't list it.
Ledgers and fit
Both products list Xero, and on paper that makes them close competitors. In practice the Xero experience is very different, and Double's own documentation is the best evidence for it.
Double is a QuickBooks Online product first. Accruals, allocations, the interactive cash flow statement, AI bank feed auto-clearing, aging reports and 1099 workflows are all QuickBooks Online only. Xero gets the close, the reviews, the reporting and a Chrome extension to work around transaction editing. Sage Intacct publishes a list of what doesn't work yet. NetSuite has no setup documentation at all.
Mayday is a cloud-ledger product with no favourite. Xero, QuickBooks Online and Intuit Enterprise Suite get the same workflows, and the multi-entity products were built for Xero groups first.
On price
Double charges per connected client, at $10, $25 or $50 per month depending on tier, with unlimited users. Accruals, allocations and AI flux sit on the top tier. AI credits are consumption-based on top.
Mayday charges per entity, with unlimited users on every plan. The Active plan, covering Balancer, Recharger, BRAG and Mayday HQ, is £34 a month at two entities, £139 at ten and £229 at twenty, billed annually. Flux, Deferred Revenue and Prepayments are add-ons. There's a free tier and a 30-day trial with no card.
For an in-house team the comparison isn't really possible, because Double's in-house pricing isn't published. For a practice, Double's per-client model is the right shape and Mayday's per-entity model isn't trying to compete with it.
Which should you choose
Double, if you need practice CRM, tax workflows, organisers and 1099s in the same system as the close, or if you want fixed asset registers and loan amortisation alongside the other schedules.
Mayday, if you're on Xero and want accruals, prepayments and deferred revenue automated rather than kept in a spreadsheet; if you run a group, or your clients do, and need intercompany reconciled, recharges posted, cross-entity bank recs matched and the chart of accounts kept aligned; or if you're on Intuit Enterprise Suite.
Two questions usually settle it. Which ledger are your books on, and how much of your month end is intercompany.
Frequently asked questions
Does Double work with Xero?
Yes, and it's their second-deepest integration. The caveat is what runs on it. Double's help centre states that accruals, covering prepaid expenses, fixed assets, accrued expenses, revenue recognition and loan amortisation, are available only to QuickBooks Online customers on the Scale plan in the US and Canada. Allocations are QuickBooks Online only. Editing a Xero transaction also needs Double's Chrome extension and a Xero session that re-authorises roughly daily. So on Xero you get close management, review tools and reporting, without the schedule automation.
Can Double handle intercompany reconciliation?
Partly, and more than most of its competitors. Double lets you tie a Due To/From balance between two accounting files and post an offsetting journal from one into the other. Their documentation describes setting it up as a pair, repeated in each direction, with transfers made one journal at a time, and notes that it doesn't support multi-line expenses or invoices. Mayday's Balancer works across the whole group at once, matches AR and AP as well as loan accounts, surfaces the transaction behind each difference and posts FX and interest journals.
Does Double do intercompany recharges?
No. Double has an Allocations feature that splits an account balance or individual transactions across classes and locations within a single QuickBooks Online file, including a revenue-share method. It doesn't recharge between entities. Mayday's Recharger does both, posting to both sides.
Which is cheaper, Mayday or Double?
Depends who you are. Double charges per connected client at $10, $25 or $50 per month, with the accruals and flux features on the top tier, plus consumption-based AI credits. Mayday charges per entity, with its Active plan at £34 a month for two entities, £139 for ten and £229 for twenty, billed annually. Both include unlimited users. Double's in-house pricing isn't published, so a like-for-like comparison for a finance team isn't possible from the public pages.
Can you use both?
Rarely worth it. They overlap on close management, reconciliation review and variance analysis, which is most of what a finance team would buy either for. The exception is a practice that also runs its own group: Double for the client work, Mayday for the group's own intercompany and month-end adjustments.
Last reviewed: September 2026
Mend month end with Mayday
If Mayday was still your choice after comparing all the options, grab a free 30 day no-card free trial today or book a walkthrough with the team.