QuickBooks and Xero
Let's be honest, no one likes doing taxes. The paperwork, the calculations, the inevitable headaches - it's enough to make anyone want to pull their hair out. That's why accounting software like QuickBooks and Xero have become increasingly popular. These two software giants are designed to simplify the accounting process, leaving you free to focus on growing your business. But which one is better? Let's compare them.
Features
Both QuickBooks and Xero offer a similar set of features. They allow you to track income and expenses, generate reports, and manage your finances all in one place. Additionally, they both have mobile apps that allow you to manage your finances on the go.
However, QuickBooks has a few more features than Xero. QuickBooks has options for inventory management and payroll, which Xero does not offer. QuickBooks also has a more robust system for creating invoices, allowing you to customize them to a greater degree than Xero.
Pricing
Pricing is always an important factor to consider when choosing software. QuickBooks offers three different pricing plans: Simple Start, Essentials, and Plus. The Simple Start plan costs $25 per month, Essentials costs $40 per month, and Plus costs $70 per month. Each plan allows for an increasing numbers of features and users. On the other hand, Xero has three plans as well: Early, Growing, and Established. The Early plan costs $9 per month, Growing costs $30 per month, and Established costs $60 per month. Unlike QuickBooks, each Xero plan allows for an unlimited number of users.
Customer Support
Customer support is a key consideration when choosing accounting software. If you need help setting up your software or have an issue, you want to be able to get in touch with someone who can help you solve the problem quickly.
QuickBooks offers customer support via phone, chat, and email. They also have a comprehensive database of articles and tutorials designed to help you troubleshoot on your own. Xero offers similar phone and email support, but does not have a chat feature. However, they do have an extensive online help center with articles, tutorials, and video guides.
Conclusion
So, which one is better: QuickBooks or Xero? The truth is, it depends on your individual needs. If you need inventory management or a more robust invoicing system, QuickBooks may be the better choice. However, if you are looking for a more affordable option with unlimited users and a comprehensive help center, Xero may be the way to go. Ultimately, both software options excel in their respective areas, so it comes down to your preferences.