Intuit grabs the lion’s share in the market of accounting software. QuickBooks has been a brand along with reputation and reliability. Depending upon the nature of your business and the requirements you need to employ the right software to your business. “XERO and QuickBooks Online” are two popular accounting software having similar functions as mentioned below. Thus let’s check out “How does Xero compare with QuickBooks online“.
- Inventory & Invoicing
- Bank synchronization
- Accounts receivable
- Bank reconciliation
- Accounts payable
- Bill management
- Financial reporting
- Cash flow quick views
- Payroll & Document sharing
How does Xero Compare with QuickBooks Online:
XERO: This accounting software is developed as an internet accounting solution.
QuickBooks Online: It is subscription based software that allows user access on the go.
Below chart gives a brief comparison between the above two accounting software in terms of different features:
|Users & Permissions||QuickBooks Online allows for one, three, or five users, depending on the size of your plan.||XERO permits unlimited users irrespective of the subscription plan.|
|Price||QuickBooks Online offers different subscriptions at affordable price.||XERO also offers at much lower price.|
|Easy Usability||QuickBooks Online program lacks efficiency.||XERO is well designed and remarkably easy to use|
|Product Highlights||The standard features that come with all the versions of XERO are available in the Plus version of QB online.||It comes with cloud-based accounting for small and start up businesses.|
|Integration||QB Online helps around 360 add-ons.||XERO offers over 400 add-ons.|
|Customer Support Service||QuickBooks Online support service hours are Monday-Friday from 6am–6pm PST and Saturday from 6am–3pm PST. It offers phone support.||XERO offers live support 24/7/365. It offers email support.|
|Security||House servers in multiple secure Tier 4 datacenters, employ SSL encryption for data transfer, offer two-factor identification for logins, conduct routine penetrative testing, undergo external security audits, and back up user data to multiple locations.||Provides top-level security with excellent uptime.|
|Negative Reviews||QuickBooks gets complaints about problems with conversion from the locally installed versions, lost data and reduced functionality being the primary issues.||Complaints about limited mobile functionality and the lack of phone support and slow response to emails.|
|Positive Testimonials||QuickBooks Online bags with the core features like it provides good, solid cloud-based accounting, adhering to proper accounting principles.||XERO is appreciated for its ease of use, appearance, and layout.|
|Preference||QuickBooks Online is also employed for better business output.||XERO with improved features is more preferred.|
Hope your mindset is much clear regarding both the programs. If you are still unclear about “How does Xero compare with QuickBooks Online” then you can dial us for the immediate help. You can call us at our QuickBooks support number made for both U.S. and Canada.