Compare QuickBooks VS Xero Accounting Software

Pros & Cons

Pros

Excellent support, reduced need for staff to monitor accounts, time savings, Usi...Read more - Karan Shetty Jul 05, 2021

You can rely on this application for real-time reporting and cloud based support...Read more - CA GOYAL Nov 15, 2020

Xero’s real-time financial data updates are invaluable. The software is intuit...Read more - jagdishbhai padiya Aug 20, 2024

The automation in Xero, like automatic bank reconciliation and bill payments, is...Read more - Nishanth Nishu Aug 13, 2024

Cons

Will require some time to comprehend the concept of Quickbooks, particularly for...Read more - Karan Shetty Jul 05, 2021

Small businesses may not be able to manage their work with this application as h...Read more - CA GOYAL Nov 15, 2020

Xero’s customer support can be slow during peak times, and some of the more ad...Read more - jagdishbhai padiya Aug 20, 2024

Occasionally, the software can be a bit buggy, especially after updates. The lea...Read more - Nishanth Nishu Aug 13, 2024

Reviews

Verified customer reviews

The software is the best for all types of business owners.

CA GOYAL Nov 15, 2020

only discount option is not available in purchase

Mehul Kansara Jun 06, 2020

See all QuickBooks reviews

Why I Love Using Xero for My Business Accounting

jagdishbhai padiya Aug 20, 2024

Xero: The Accounting Tool That Makes Financial Management Simple

Nishanth Nishu Aug 13, 2024

See all Xero Accounting Software reviews

Reviews with Video

QB Champions - BiteMe Cupcakes - Kingsley

QuickBooks Customer Stories | Redmond Accounting

QuickBooks Customer Stories | Mountain View General Store

QuickBooks Customer Stories | The Academy of Self Defense

QuickBooks Customer Stories | Village Cheese House

QuickBooks Online Customer Stories in South Africa: Eden Projects

QuickBooks Customer Stories | Trash Amps

QuickBooks Customer Stories | Dang Foods

See all (10)

Xero Accounting Software Review | Benefits of Xero

See all (2)

Best Use for

Business Size:

Individual
2-50 Employees
51-250 Employees
250-500 Employees
500-1000 Employees
More than 1000+ Employees

Individual
2-50 Employees
51-250 Employees
250-500 Employees
500-1000 Employees
More than 1000+ Employees

Business Type:

Small Business
Startups
Medium Business
Enterprise
SMBs
SMEs
MSMBs
MSMEs
Freelancers

Small Business
Startups
Medium Business
Enterprise
SMBs
SMEs
MSMBs
MSMEs
Freelancers

Industries:

All Industries

All Industries

Features

Core Functionalities

General Ledger
Bookkeeping Capabilities
Accounts Receivable
Tax Management
Payroll Management
Time & Expenses Management
Asset Management
Bank Reconciliation
Bank Settlement
Accounts Payable
Fund Accounting
Multi Currency Support
Cost Centres
Fixed Asset Register (FAR) Management
Trial Balance Preparation
Gst Report Preparations
Return Filings
Tds Report Generations
GST Input Reconciliations
Variant Analysis
Alerts & Notifications
Batch Management
Branch Management
Broker Management
Claims Management
Collection Management
Credit / Debit Note
Document Management
Quotation & Estimates
Sales Management
Statutory Compliances
Transaction Management
Receipt Management

General Ledger
Bookkeeping Capabilities
Accounts Receivable
Tax Management
Payroll Management
Time & Expenses Management
Asset Management
Bank Reconciliation
Bank Settlement
Accounts Payable
Fund Accounting
Multi Currency Support
Cost Centres
Fixed Asset Register (FAR) Management
Trial Balance Preparation
Gst Report Preparations
Return Filings
Tds Report Generations
GST Input Reconciliations
Variant Analysis
Alerts & Notifications
Batch Management
Branch Management
Broker Management
Claims Management
Collection Management
Credit / Debit Note
Document Management
Quotation & Estimates
Sales Management
Statutory Compliances
Transaction Management
Receipt Management

Administrative Features

Ledger Scrutiny
Admin Controls
Backup & Restore
Facility Management
Self Service Portal
User Access Management

Ledger Scrutiny
Admin Controls
Backup & Restore
Facility Management
Self Service Portal
User Access Management

Integrations Supported

Import / Export Management

Import / Export Management

Financial Management

Budgeting & Forecasting
Revenue Management
Fund Accounting
Cash Flow Management
Fund Planning
Net Worth Management
Cash and Bank Management
Financial Planning & Analysis

Budgeting & Forecasting
Revenue Management
Fund Accounting
Cash Flow Management
Fund Planning
Net Worth Management
Cash and Bank Management
Financial Planning & Analysis

Analytics and Reporting

Profit & Loss
Financial Accounting and Reporting
Gross Profit
Ratio Analysis
Net Profit Management
Audit Management
Financial Statement Generation & Analysis
Profit Centers

Profit & Loss
Financial Accounting and Reporting
Gross Profit
Ratio Analysis
Net Profit Management
Audit Management
Financial Statement Generation & Analysis
Profit Centers

Sales and CRM

CRM Capabilities
Customer Management
Loyalty Program
Order Management
Quotation & Estimates
Sales Management

CRM Capabilities
Customer Management
Loyalty Program
Order Management
Quotation & Estimates
Sales Management

Inventory and Supply Chain Management

Inventory Management
Inventory Reconciliation
Barcode Scanning
Delivery Management
Distribution Management
Item Master
Product Management
Stock Management
Store Management
Supply Chain Management
Vendor & Supplier Management
Warehouse Management

Inventory Management
Inventory Reconciliation
Barcode Scanning
Delivery Management
Distribution Management
Item Master
Product Management
Stock Management
Store Management
Supply Chain Management
Vendor & Supplier Management
Warehouse Management

Project and Workflow Management

Time & Expenses Management
Project Accounting
Facility Management
Production Management
Transaction Management
Workflow Management

Time & Expenses Management
Project Accounting
Facility Management
Production Management
Transaction Management
Workflow Management

Retail and Point of Sale

Point of Sale (POS)
Retail Management

Point of Sale (POS)
Retail Management

Billing & Invoicing

Invoice Processing
Payment Processing
Automatic Payment Reminders
Bill Of Materials (BOM)
E-Way Bill Generation
Payment Tracking

Invoice Processing
Payment Processing
Automatic Payment Reminders
Bill Of Materials (BOM)
E-Way Bill Generation
Payment Tracking

Gallery

All Videos & Images

See all (3)

Specifications

Deployment

Web based
On Premises

Web based
On Premises

Device Supported

Desktop
Mobile
iPad
Tablet

Desktop
Mobile
iPad
Tablet

Supported Platforms

Windows
Mac OS
Android
iOS
Linux
Ubuntu

Windows
Mac OS
Android
iOS
Linux
Ubuntu

Languages support

English

English

Question and Answers

Product related question and answers

Is QuickBooks the best accounting software?

QuickBooks is one of the popular accounting solutions designed for businesses to... Read more

Which scheduling software integrates well with Quickbooks Desktop?

Ther are a lot of software which can integrate with Quickbooks Desktop, here are... Read more

Do any scheduling software options integrate with Quickbooks Online?

Yes, there are a lot of software which can integrate with Quickbooks online some... Read more

See all QuickBooks Questions & Answers

How can I submit a Making Tax Digital (MTD) VAT return in Xero?

To submit a Making Tax Digital (MTD) VAT return in Xero, follow the steps given ... Read more

How to set up automated invoice reminders in Xero?

To set up automated invoice reminders in Xero, follow the steps given below: ... Read more

What is cloud accounting in Xero?

Cloud accounting in Xero enables companies to handle accounting duties and finan... Read more

See all Xero Accounting Software Questions & Answers

Alternatives

Top Alternative Products

TallyPrime

Busy Accounting Software

Marg ERP 9+

Deskera Books

See all QuickBooks alternatives

TallyPrime

Busy Accounting Software

Marg ERP 9+

Deskera Books

See all Xero Accounting Software alternatives

QuickBooks vs Xero Accounting Software Comparison FAQs

Software questions,
answered

While QuickBooks offers customized features, Xero Accounting Software has diverse modules. Select between QuickBooks or Xero Accounting Software as per your business needs.

Both these products offer similar features but with a different approach. While QuickBooks emphasizes on user experiences, Xero Accounting Software focuses on functionalities.

It all depends on the functionalities that you prefer. While QuickBooks offers add-ons along with essential features, Xero Accounting Software emphasizes on customization.

No, the difference between QuickBooks and Xero Accounting Software lies in terms of features and functionalities. While QuickBooks can be customized as per the user’s needs, Xero Accounting Software addresses the diverse audience.

It depends upon your business requirement. Both QuickBooks and Xero Accounting Software provides standard features to cater diverse industry needs.

The difference lies in terms of the user interface and functionalities. While QuickBooks is customizable, QuickBooks offers comprehensive modules.

A Quick Comparison Between QuickBooks vs Xero Accounting Software

Choosing any software for your organisation is a crucial decision. As a decision maker, you must ensure that the software you choose addresses the pain points of your teams and reaps maximum benefit for you.

Comparison of QuickBooks vs Xero Accounting Software In terms of Features
Comparison Between QuickBooks and Xero Accounting Software In terms of Deployment Type
QuickBooks or Xero Accounting Software: Which Is Ideal for Your Industry
Which Is Better? - QuickBooks or Xero Accounting Software

Comparison of QuickBooks vs Xero Accounting Software In terms of Features

QuickBooks includes features like Multi Currency Support, Batch Management, Workflow Management and Statutory Compliances. Xero Accounting Software is known for functionalities like Vendor & Supplier Management, Receipt Management, Alerts & Notifications and Quotation & Estimates. When you compare QuickBooks vs Xero Accounting Software, look for scalability, customization, ease of use, customer support and other key factors. The one which suits your business needs is the best.

Comparison Between QuickBooks and Xero Accounting Software In terms of Deployment Type

While QuickBooks supports Web Based deployment; Xero Accounting Software is suitable for Web Based deployment. While selecting between QuickBooks and Xero Accounting Software, figure out which one of the two is compatible with your devices. This will help in reducing the hassle after implementation.

QuickBooks or Xero Accounting Software: Which Is Ideal for Your Industry

QuickBooks is ideal for industries like All Industries. For All Industries, Xero Accounting Software is a better choice. If you are confused between QuickBooks or Xero Accounting Software, you can also check if the software has customizable modules for your industry. Industry-specific functionalities will ensure higher efficiency and ROI. However, do check for the hidden price, is any.

Which Is Better? - QuickBooks or Xero Accounting Software

QuickBooks and Xero Accounting Software can be used for different purposes and are well-suited for teams with specific needs. If you are looking for a platform that is easy to use, has low barriers to entry, and offers a lot of customization, flexibility, and integration options, then you must compare their specifications in detail at the time of demo. Compare QuickBooks and Xero Accounting Software during demo to decide which one is best for your business.

Author: Akhilesh Nagpal

QuickBooks VS Xero Accounting Software

QuickBooks vs Xero Accounting Software: Comparision Video

QuickBooks vs Xero Accounting Software Comparison FAQs

Is QuickBooks better than Xero Accounting Software?

Are QuickBooks and Xero Accounting Software same?

Which is better QuickBooks or Xero Accounting Software?

Is QuickBooks the same as Xero Accounting Software?

Can QuickBooks replace Xero Accounting Software?

What is the difference between QuickBooks and Xero Accounting Software?

A Quick Comparison Between QuickBooks vs Xero Accounting Software

Comparison of QuickBooks vs Xero Accounting Software In terms of Features

Comparison Between QuickBooks and Xero Accounting Software In terms of Deployment Type

QuickBooks or Xero Accounting Software: Which Is Ideal for Your Industry

Which Is Better? - QuickBooks or Xero Accounting Software

QuickBooks VS Xero Accounting Software

QuickBooks vs Xero Accounting Software: Comparision Video

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QuickBooks vs Xero Accounting Software Comparison FAQs

Is QuickBooks better than Xero Accounting Software?

Are QuickBooks and Xero Accounting Software same?

Which is better QuickBooks or Xero Accounting Software?

Is QuickBooks the same as Xero Accounting Software?

Can QuickBooks replace Xero Accounting Software?

What is the difference between QuickBooks and Xero Accounting Software?

A Quick Comparison Between QuickBooks vs Xero Accounting Software

Comparison of QuickBooks vs Xero Accounting Software In terms of Features

Comparison Between QuickBooks and Xero Accounting Software In terms of Deployment Type

QuickBooks or Xero Accounting Software: Which Is Ideal for Your Industry

Which Is Better? - QuickBooks or Xero Accounting Software

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