Xero is cloud-based accounting software that has given QuickBooks a run for its money since 2006. Xero is a robust accounting solution with sophisticated accounting features, ample reports, 1,000+ integrations, and unlimited users. Unlike QuickBooks Desktop, Xero also has the mobility and modern UI of cloud-based software. Unlimited users and advanced features make this cloud accounting software platform a good fit for many small businesses.
Simplify tax time
Xero, on the other hand, offers unlimited users for all plans. This can be helpful if your company is growing fast, or you simply want the reassurance that there’s no limit to how many people can be part of the team. Xero, FreshBooks and QuickBooks all offer 30-day free trials and extensive features for online support, including a live chat, email support and a knowledge base. All three of these offer the ability to scale their accounting for larger businesses and both Xero and QuickBooks offer specific training for accountants. These companies offer Gusto integration for the same price—$40 per month and $6 per month per person.
Multiple pricing increases over the years have driven up the cost of the software, and customer support isn’t the best. However, Xero is the better choice if you want more advanced features and support for unlimited users, as additional users are only available for a fee if you use FreshBooks. QuickBooks Online is limited to 25 users on its most expensive plan but is easier to use, offers tax support, and has stronger mobile apps. It allows three users for its Essentials plan ($55 per month) and 25 users for its top plan, the Advanced ($200 per month).
Xero Customer Service
- With your accounting software and data stored in the cloud, you can access your up-to-date accounts anywhere there’s an internet connection.
- When rating accounting and invoicing software, we use a 47-point rubric that looks at pricing, ease of use, features, customer service, and user reviews.
- This can be added to a Growing or Established plan for $39/month.
- If you’re still on the fence, check out our picks for the best small business accounting software to compare your options.
- The software makes it easy to pay bills, claim expenses, accept payments, track projects, manage contracts, store files and more.
Each month, Xero sends you a link to your subscription invoice with easy ways to pay for your accounting software. You can pay it using Visa or Mastercard debit or credit cards, or by direct debit. The payment date depends on when you signed up to a pricing plan. You can upgrade or downgrade your plan or management assertions cancel your subscription at any time with one month’s notice. Check out the Xero App Store to find, try and buy business apps that connect easily to Xero online accounting software.
Accounting software
With an overall score of 4/5 in this review, Xero is a good solution for mid-to-large-sized businesses in need of strong accounting features and multiple users. Take advantage of Xero’s how a general ledger works with double-entry accounting along with examples free trial to see if this accounting solution is right for you. If you’re still on the fence, check out our picks for the best small business accounting software to compare your options.
However, Xero is more affordable and supports unlimited users. While the software is present value index monetary definition of present value index well-organized, it does have a steep learning curve (not as steep as QuickBooks, but it is more difficult to learn than other cloud-based options). It takes quite a while to explore all of the features it has to offer, but once you get acquainted with the software, Xero is fairly easy to use.
Xero Growing Plan
Xero is robust, cloud-based software with strong accounting, ample integrations, and some great features. It offers tons of automations to save your business time, such as automatic sales tax lookup, group invoicing, and default email templates. Plus, Xero supports unlimited users at no additional cost — a rarity in the accounting software world.