![]() Xero supports over 160 world currencies and supports native integration with 500+ add-ons. You can use over 40 built-in reports to track financials and keep an eye on your profitability, or configure your own custom reports. We included Xero in our list of best QuickBooks accounting because of it’s unlimited users feature and robust reporting capabilities. Xero also provides better functionality for time tracking (built-in time sheets) and includes free payroll processing for a small team with their Standard and Premium editions. One of the biggest differentiators between Xero and QuickBooks (user experience aside), is that Xero lets you add unlimited users to any subscription for free, whereas QuickBooks limits customers to one, three, or five users depending on product tier. Similar to QuickBooks, they host a Partner Program to help accountants access industry tools at a discount and connect with new clients. They offer many of the same features: invoicing and estimates, bank reconciliation, inventory management, order management, billing and expenses, and payroll. On the surface, Xero isn’t dramatically different than QuickBooks. On their homepage, in fact, Xero labels their solution “the online accounting software alternative to QuickBooks.” They even offer a three-hour conversion service to bring QuickBooks data into Xero for customers who decide to switch. ![]() QuickBooks is one of the most infamous rivalries in cloud accounting.
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