Xero partners with Bookkeeper360 to provide assisted bookkeeping services, and this lets you have on-demand access to a team of accounting and tax professionals who can help you manage your bookkeeping duties. However, if you want a more scalable solution with the option to hire additional services like payroll and tax filing, then Xero is the more suitable choice. If you have complex bookkeeping needs and require a QuickBooks-specific virtual bookkeeping service, then choose QuickBooks Live. If you have no accounting experience to execute crucial bookkeeping tasks like reconciling bank accounts, then assisted bookkeeping is useful. The detailed results of our case study are presented in our Xero review and QuickBooks Online review, whereas the chart below sums it up.

We compared Xero and QuickBooks Online across 11 categories to see which industry-leading accounting software stands out.

Its unbeatable mobile app makes it our top-recommended alternative to QuickBooks. Zoho Books has a capable mobile app that contains almost all features of the desktop interface, such as the ability to send invoices, accept payments, and enter bills. Businesses that need a fully functional mobile app: Xero’s app doesn’t let you view reports and accept payments, and the QuickBooks mobile app can’t record bills and bill payments.If you can’t afford premium tools, you should check out Lendio Accounting (formerly Sunrise). Small businesses looking for free accounting software: While QuickBooks Online and Xero are arguably two of the most powerful accounting applications, they’re also among the most expensive.

It lets you set up and manage as many companies as needed without an additional fee. For tracking multiple companies or businesses, we recommend QuickBooks Desktop. That’s possible with QuickBooks Online, but you need a separate subscription for each business. Multicompany businesses: Xero is a single-entity program, which means it can’t manage multiple companies within a single Xero account.

How much is xero accounting software