Showing posts with label Micro Business. Show all posts
Showing posts with label Micro Business. Show all posts

Wednesday, July 1, 2015

Xero vs QuickBooks | Premium Plan vs Plus Plan

Since similarities between the both Xero vs QuickBooks Online are same as described earlier in "Xero Starter Plan vs QuickBooks Start Plan". So lets discuss about the differences between Xero Premium Plan vs QuickBooks Plus Plan.
xero-logoVS
intuit-quickbooks-logo
Winner: XERO


1. Pricing: 
Winner: Quickbooks
Xero offers the initial package of $40/month which is named as “PREMIUM”. Whereas QuickBooks offers the package of $39.95/month which is termed as “PLUS”.

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 allows only 5 users who can simultaneously use Quickbooks online.

3.Integration with apps:  
Winner: Xero
Over 400+ 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: Tie
Both are remarkably easy to use as both are open source and there is no need of installing software – just log in.


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


Key FeaturesXeroQuickBooks Online
Track your income, expenses and profitsYesYes
Automatic bank feedsYesYes
SecurityYesYes
Invoices and BillsUnlimitedUnlimited
Access data online tablet, or smartphoneYesYes
Back up your data automaticallyYesYes
Free support, 24/7YesYes
Bank transactionsUnlimitedUnlimited
Multi CurrencyYesYes
Free self Service PayrollUp to 10 EmployeesUp to 10 Employees


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.
  • Handle multiple currencies. 


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
  • Handle multiple currencies.
There is no negative review for Xero , QuickBooks Online.

Conclusion:
Hence Xero is the winner in Xero Premium Plan vs QuickBooks Plus Plan. 


Ved Paliwal
Owner of GD Outsourcing Services 

  






Tuesday, June 23, 2015

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.
    xero-logoVS
    intuit-quickbooks-logo
    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 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 transactions20Unlimited 
 

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