Xero vs QuickBooks | Starter Plan Start Plan Comparison as a User

As of 23rd June,15

Well it is difficult to compare Xero vs QuickBooks Online as they both offers different plans which have many similarities and is differentiated in many aspects too.
Similarities are:

• Both Xero vs QuickBooks Online are cloud-based.
• Both include free mobile apps for iPhone/iPad and Android devices. Etc.
  VS
  
  Winner: QUICKBOOKS

Talking about similarities is not our concern. Our point of concern is to differentiate both and finding which is better.. Xero Starter Plan or QuickBooks Online Start Plan for Micro Business?
If you want to compare other plans, visit:

• Xero Standard Plan vs QuickBooks Essentials Plan
• Xero Premium Plan vs QuickBooks Plus Plan

Xero vs QuickBooks Online starts here:

1. Pricing: 
Winner: Quickbooks
Xero offers the initial package of $20/month which is named as “STARTER”. Whereas QuickBooks offers the package of $12.95/month which is termed as “SIMPLE START”.


2. Users: 
Winner: Xero
Xero offers unlimited users and collaborate with your team and invite your accounting professional to view your business data for valuable real-time advice. On the other hand QuickBooks allow only one user who can simultaneously use Quickbooks online.

3.Integration with apps:  
Winner: Xero
Over 350 business applications like inventory, time tracking and payroll connect with Xero. On the other hand, QuickBooks Online offers roughly 248 apps integrated with it.

4. Ease of Use: 
Winner: Xero
Xero is remarkably easy to use as it is an open source and there is no need of installing software – just log in. Xero has invested in class-leading infrastructure to ensure that your data is always accessible to you. It's easy to change your plan. You can upgrade or downgrade your plan at any time depending on which features you need and when. Email or drag and drop files into Xero and store them all in one handy place online.
QuickBooks is also an open source but it lacks behind Xero as its efficiency is poor than Xero.

5. Features: 
Winner: QuickBooks
There are certain features of Xero vs QuickBooks Online which are given below in the table:

Key Features	Xero	QuickBooks Online
Track your income, expenses and profits	Yes	Yes
Automatic bank feeds	Yes	Yes
Security	Yes	Yes
Invoices and Bills	Only 5 invoices	Unlimited
Access data online tablet, or smartphone	Yes	Yes
Back up your data automatically	Yes	Yes
Free support, 24/7	Yes	Yes
Bank transactions	20	Unlimited

 

6. Reviews:
 Winner: QuickBooks
 
Positive Reviews for Xero: 

• It offers unlimited users for free. 
• More than 350 apps are integrated with it.
• Secure
• Ease of use
• 24X7 customer support

Negative Reviews for Xero: 

• Limited mobile functionality.
• Create and send only 5 invoices and bill.
• Reconcile 20 bank transactions.

Positive reviews for QuickBooks Online are: 

• Track your income, expenses and profits.
• Send unlimited quotes and invoices on the go.
• Back up your data automatically.
• Security 

Negative reviews for QuickBooks Online:

• Cannot handle multiple currencies.
• Don’t have control on what your users can access.

Conclusion:
Hence by comparing Xero vs QuickBooks Online, we had gone through the conclusion that on a basic level i.e for a micro level and single handed business QuickBooks Online is the winner as Xero limit to 5/20 invoices/transactions while QuickBooks allows unlimited transaction.

Ved Paliwal
Owner of GD Outsourcing Services