QuickBooks vs Xero

When it comes to accounting software, there are a few big names that always come to mind. QuickBooks and Xero are two of the most popular accounting software programs available on the market today. So, which one is the best?

What is QuickBooks?

QuickBooks is a popular accounting software program that allows users to manage their finances, invoicing, and bookkeeping. QuickBooks is available in both desktop and online versions, and offers a wide range of features and integrations. QuickBooks is a good choice for small businesses and sole proprietorships.

What is Xero?

Xero is a cloud-based accounting software program that offers a wide range of features and integrations. Xero is a good choice for small businesses and sole proprietorships. Xero is also a good choice for businesses that are expanding or have complex finances.

Features

QuickBooks Features

QuickBooks offers a wide range of features, including:

Invoicing
Billing and payments
Expense tracking
Inventory management
Profit and loss statements
Balance sheets
Sales tax management
1099 preparation
Payroll
Time tracking
Reporting

QuickBooks also offers a wide range of integrations, including:

Salesforce
Stripe
Square
PayPal
Shopify
Xero
Zapier
T Sheets
G suite

Xero Features

Xero offers a wide range of features, including:

Invoicing
Billing and payments
Expense tracking
Inventory management
Profit and loss statements
Balance sheets
Sales tax management
1099 preparation
Payroll
Time tracking
Reporting

Xero also offers a wide range of integrations, including:

Salesforce
Stripe
Square
PayPal
Shopify
QuickBooks
Zapier
T Sheets
G suite

Pricing

QuickBooks Pricing

QuickBooks offers a few different pricing plans, including:

Self-Employed: $15/month
Simple Start: $25/month
Essentials: $40/month
Plus: $70/month
Advanced: $150/month

Xero Pricing

Xero offers a few different pricing plans, including:

Starter: $9/month
Standard: $30/month
Premium: $70/month

Conclusion

QuickBooks and Xero are both popular accounting software programs that offer a wide range of features and integrations. QuickBooks is a good choice for small businesses and sole proprietorships, while Xero is a good choice for businesses that are expanding or have complex finances. Xero is also a good choice for businesses that are expanding or have complex finances.

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