We compared the two options in terms of their key features, pricing and customer service to help you decide which is right for your business. Given that there are several invoicing software on the market, it’s worth putting in some time to research your options before choosing one for your business. The online accounting dashboard gives you the tools to proactively follow up on outstanding invoices. Get a snapshot of cash coming in, going out, and bills that are due, to gain insights into business cash flow. Discover seamless app integrations for efficient accounting with Xero’s comprehensive accounting software.
- Xero, on the other hand, offers unlimited users for all plans.
- Then again, QuickBooks requires user limits for each plan while Xero doesn’t.
- The software makes it easy to pay bills, claim expenses, accept payments, track projects, manage contracts, store files and more.
- Today’s leading accounting platforms offer standard security features like data encryption, secure credential tokenization and more.
Customise and grow with your business
All pricing plans cover the accounting essentials, with room to grow. Payments are due by the end of your monthly billing period based on the date you purchased your subscription. FreshBooks charges $17 per month and QuickBooks charges $30 per month). However, the best option and price point will depend on the specific capabilities and features you are looking for. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. Stay up-to-date with your business and see how different aspects are tracking and different areas performing.
Try accounting software for everyday business
Manage your finances, control cash flow and integrate with apps. Once you’ve set up things like bank feeds and invoices, the dashboard charts and graphs will show that information. You can adjust what displays so you see what’s most important to you. Access Xero features for 30 days, then decide which plan best suits your business. Keep your practice one step ahead with Xero accounting software. Get a clear, up-to-date picture of the money in your bank accounts, credit card and PayPal accounts.
Plans to suit your business
Suited for small- and medium-sized businesses (SMBs), Xero is an affordable cloud-based accounting software system that streamlines these processes with plans starting at $13 per month. Keep in mind that the ability to use multiple currencies in the software and invoice is limited to the company’s highest tier, at $70 per month. If using multiple currencies is a priority to you, consider other platforms that offer this capability at a lower cost. Zoho, for example, is accounting software with a free invoice platform that allows you to bill in multiple currencies. Xero may be harder to learn than a simpler invoicing platform like Square Invoices or Zoho Invoice.
For free invoicing platforms, consider Zoho Invoice, Square Invoices or PayPal Invoicing, although these platforms provide fewer capabilities. It allows three users for its Essentials plan ($55 per month) and 25 users for its top plan, the Advanced ($200 per month). Xero, on the other hand, offers unlimited users for all plans. This can be helpful if your company is growing fast, or you simply want the reassurance that there’s no limit to how many people can be part of the team. Explore Xero accounting software and its tools for small businesses, accountants, and bookkeepers.
Can I pay for Xero annually?
All three plans come with an optional add-on for payroll with Gusto for $40 per month plus $6 per month per person. Easy-to-use accounting software, designed for your small business. Keep an eye on your finances day by day using the accounting dashboard. Today’s leading accounting platforms offer standard security features like data encryption, secure credential tokenization and more. While human error will always play some role in security breaches, you can be confident in your accounting platform when it comes to keeping your information safe. After a 30-day trial period, Xero will bill a monthly charge of $13 per month for the Early plan, $37 per month for the Growing plan and $70 per month for the Established plan.
On the other hand, FreshBooks may be a better fit for freelancers and solopreneurs, as the capabilities are easier to navigate. Xero includes extensive features that make it suitable to handle complex accounting processes for small- chart of accounts definition and medium-sized businesses as well as larger ones. The software makes it easy to pay bills, claim expenses, accept payments, track projects, manage contracts, store files and more. The Early subscription is tailored for solopreneurs and business owners who are just getting started. You’re able to send 20 quotes and invoices per month, enter five bills, reconcile bank transactions, capture bills and receipts with Hubdoc and view a short-term cash flow and business snapshot. Business owners, freelancers and entrepreneurs often spend a large chunk of time on administration and accounting.
