QuickBooks vs Xero

QuickBooks and Xero are two of the most popular cloud-based accounting software solutions available in the market. Both platforms offer a range of features and tools to help small businesses manage their finances effectively. In this blog entry, we will compare and contrast the two platforms based on their features, pricing, ease of use, and customer support.

Features:

QuickBooks and Xero offer similar features like invoicing, bill payment, bank reconciliation, financial reporting, and inventory management. QuickBooks offers more advanced features like job costing and project management, while Xero has a robust multi-currency support and can be used on a wider range of devices, including Apple products. QuickBooks has an extensive library of third-party integrations, while Xero has a smaller, but growing collection of integrations.

Pricing:

QuickBooks offers several different pricing plans, including a self-employed plan, Simple Start, Essentials, and Plus. Prices range from $7.50 to $60 per month. Xero also has three pricing plans: Early, Growing, and Established. Prices range from $11 to $62 per month. Xero offers a 30-day free trial, while QuickBooks offers a 30-day money-back guarantee.

Ease of Use:

Both QuickBooks and Xero are user-friendly and easy to navigate. QuickBooks has a more traditional interface with dropdown menus, while Xero has a more modern dashboard-style design. QuickBooks can be more complicated to set up, while Xero is designed to be easy to use from the start.

Customer Support:

QuickBooks offers phone support and live chat support from Monday to Friday during business hours, while Xero offers 24/7 support via email and chat, but not by phone. Both platforms offer online help centers and knowledge bases.

In conclusion, QuickBooks and Xero are both excellent cloud-based accounting software solutions, and which one is better for you depends on your specific needs. QuickBooks may be a better choice for businesses that require more advanced features and integrations, while Xero may be a better choice for businesses that need multi-currency support and a user-friendly interface.