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Xero vs QuickBooks

A detailed comparison to help you choose between Xero and QuickBooks.

Last reviewed:
X
Xero

Cloud accounting platform with beautiful UX and global support.

Q
QuickBooks

Accounting software for small businesses and solopreneurs.

FeatureXeroQuickBooks
Pricing ModelPaidPaid
Free TierNoNo
Monthly Cost (Solo)$15$15
Target Audiencesolopreneurs, small-businesssolopreneurs, small-business
VerifiedYesYes
Solo-FriendlyYesYes
Open SourceNoNo
Editorial Rating4.2/54/5
CategoriesFinanceFinance
Key FeaturesInvoicing, Bank reconciliation, Multi-currency, Expense claims, ProjectsInvoicing, Expense tracking, Tax preparation, Bank feeds, Mileage tracking
Free Tier Quality
limited
limited

Pricing Breakdown

Xero

Starter: $15/month (20 invoices, 5 bills). Standard: $42/month (unlimited). Premium: $78/month (analytics plus). Ultimate: $105/month.

QuickBooks

Simple Start: $30/month. Essentials: $60/month. Plus: $90/month (inventory). Advanced: $200/month. Self-Employed: $15/month. 50% off first 3 months frequently.

Integration Overlap

Shared Integrations (7)

StripePayPalGustoSquareHubSpotShopifyZapier

Only in Xero (3)

Receipt BankExpensifyGoCardless

Only in QuickBooks (3)

AmazonTSheetsBill.com

Use Case Fit

Xero

  • * Small business cloud accounting
  • * Multi-currency invoicing
  • * Bank reconciliation automation
  • * Financial reporting and budgeting
  • * Accountant collaboration

QuickBooks

  • * Small business bookkeeping
  • * Invoice creation and tracking
  • * Expense categorization and tracking
  • * Payroll and tax filing
  • * Financial reporting and P&L

Xero

Pros

  • + Beautiful, clean interface
  • + Strong multi-currency support
  • + Great for international businesses
  • + Extensive app marketplace

Cons

  • - Limited transaction count on Starter plan
  • - Can be expensive with add-ons
  • - US payroll through partners only

QuickBooks

Pros

  • + Industry standard for small business accounting
  • + Strong tax preparation features
  • + Bank feed integration
  • + Huge accountant ecosystem

Cons

  • - Pricing has increased significantly
  • - Interface can be cluttered
  • - Frequent upselling

Editorial Verdict

Both tools are evenly matched on price. Xero excels at small business cloud accounting, while QuickBooks is stronger for small business bookkeeping.

SaaSLens Editorial Team

Editorial Team