{"id":32124,"date":"2024-01-24T04:15:20","date_gmt":"2024-01-24T12:15:20","guid":{"rendered":"https:\/\/lenpenzo.com\/blog\/?p=32124"},"modified":"2025-05-07T08:01:27","modified_gmt":"2025-05-07T15:01:27","slug":"quickbooks-or-xero-which-online-accounting-software-is-better-2","status":"publish","type":"post","link":"https:\/\/lenpenzo.com\/blog\/id32124-quickbooks-or-xero-which-online-accounting-software-is-better-2.html","title":{"rendered":"QuickBooks or Xero: Which Online Accounting Software Is Better?"},"content":{"rendered":"

\"quickbooks<\/a>Does your small business need accounting software to keep track of its finances, but you don’t like dealing with all of the usual technology<\/a> mumbo-jumbo? Then try focusing on what are arguably the two most important factors: price and number of users.<\/p>\n

Now, there’s a lot of accounting software on the market. But which product should you pick? After all, the choices range from great apps that can handle a few tasks, to complete small business suites.<\/p>\n

Well, for those who are in the market for the latter there are two choices: Xero (pronounced “zero”) and QuickBooks.<\/p>\n

You’ve probably heard of QuickBooks, but maybe not Xero. Xero is a New Zealand-based company built from the ground up with the cloud and mobility in mind. QuickBooks, as you probably know, is a proven piece of software that has been around since the 1990s. Almost all small businesses eventually come across it if they’re in business long enough.<\/p>\n

Yes, both are solid options — but lets see of one is better than the other when comparing price and users:<\/p>\n

Pricing<\/strong><\/p>\n

The first thing you should know is that Xero and QuickBooks take different approaches to pricing. Xero’s most popular pricing plan runs for about $25 per month. That plan allows you to send an unlimited number of invoices, bills and the all-important reconciling of bank transactions.<\/p>\n

As for QuickBooks, their most popular plan is $45 per month and includes everything listed above, plus multi-currency. Xero’s next option at $50 per month also includes multi-currency.<\/p>\n

The big difference, however, is in the amount of users. Let’s take a look:<\/p>\n

Number of users<\/strong><\/p>\n

Xero allows for an unlimited number of users — no matter the pricing level. That means there’s no difference whether you have a team of, say, five people who have access to your financials — or a corporation of 100 people. It doesn’t matter! And if you need to lessen the amount of users, that’s no problem either. With Xero, scalability is easy.<\/p>\n

On the other hand, QuickBooks doesn’t allow for unlimited users. In fact, your monthly price is actually dependent on how many users are authorized to use it. So if you have a large accounting team, it could run you in the hundreds of dollars per month. And most of the time, businesses sign up for contracts<\/a>, which can be costly if you need to lay off or add people mid-year.<\/p>\n

Xero and QuickBooks are very capable pieces of software, but it’s important to think about the future of your business — especially if you anticipate growth. If that’s true, the software that permits an unlimited users is probably the more-attractive offer.<\/p>\n

Photo Credit: stock photo<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Does your small business need accounting software to keep track of its finances, but you don’t like dealing with all of the usual technology mumbo-jumbo? Then try focusing on what are arguably the two most important factors: price and number of users. Now, there’s a lot of accounting software on the market. But which product […]<\/p>\n","protected":false},"author":36,"featured_media":32125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","pmpro_default_level":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[455,469],"tags":[],"class_list":{"0":"post-32124","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"category-technology","9":"pmpro-has-access","10":"entry"},"yoast_head":"\nQuickBooks or Xero: Which Online Accounting Software Is Better?<\/title>\n<meta name=\"description\" content=\"You've probably heard of QuickBooks, but maybe not Xero. 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