Xero software or Quickbooks for your cloud accounting?

Deciding between cloud accounting software can be confusing and time consuming. The aims of this blog are to give you an honest comparative between two of the small business cloud software providers; Xero and Quickbooks Online.

There aren’t too many differences between the two platforms and the prices are also very similar with both offering different tier levels. Both are designed to be easy to use, so which one should you pick?

	Xero	Quickbooks Online
Contact management	X	X
Send invoices online or via email	X	X
Invoice tracking – to see when they have been viewed	X	X
Automated Invoice reminders	X
Bank Feeds including credit card and Paypal	X	X
Inventory included with the core package	X
Multicurrency support	X	X
Budgeting	X	X
Fixed Asset Management and depreciation	X	X
Payroll	X	X
Project Management	X	X
Expenses	X	X
Reporting	X	X
Encryption and Security to Industry Standards including two-step authentication	X	X
Unlimited Users regardless of price plan	X
Online support, email support, knowledgebase and video tutorials	X	X
Phone Support		X
Extensive app Market	500+ addons	400+ addons

It is also worth considering which features you will most likely need as both may provide the option for it but one may be more extensive, or suited to your specific needs, than the other. Well if you are going to be having multiple users needing access, then Xero holds the advantage with unlimited users regardless of the price plan and if you are interested in any third-party software providers, it would be worth looking at whether they integrate with one of them before deciding.

Please speak to us before deciding and we can then give you a comprehensive review of what systems would suit your business.

Regardless of the platform selected, we can get you set up and trained on them. To help you decide between cloud accounting Xero Software or quickbooks, do not hesitate to arrange your free consultation by contacting a member of our Project's team.