Holicent
VIP Contributor
Are you considering whether your business will use an online accounting system. If so, you'll need to choose between Quickbooks and Xero. Both have their strengths, but their features differ.
QuickBooks is the industry standard for small businesses that don't have a large number of transactions per year. It includes a number of advanced features that make it easy for accountants and bookkeepers to use. If your business isn't ready for those features yet, or if you want something simpler, QuickBooks is a good choice.
Xero is designed for businesses with more than 1 million transactions per year (or 2 million in some countries). It's much faster than QuickBooks and lets you do things like import data from other systems or even track inventory right inside the app itself (with no need for a third-party tool). But Xero is also more expensive than QuickBooks — sometimes significantly so — so it might not be right for every business out there.
QuickBooks is the industry standard for small businesses that don't have a large number of transactions per year. It includes a number of advanced features that make it easy for accountants and bookkeepers to use. If your business isn't ready for those features yet, or if you want something simpler, QuickBooks is a good choice.
Xero is designed for businesses with more than 1 million transactions per year (or 2 million in some countries). It's much faster than QuickBooks and lets you do things like import data from other systems or even track inventory right inside the app itself (with no need for a third-party tool). But Xero is also more expensive than QuickBooks — sometimes significantly so — so it might not be right for every business out there.
