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Saturday 21 May 2022
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Why Xero is Better than Quickbooks?

Xero vs Quickbooks – Forbes Advisor

Well, for starters, Xero is a powerful cloud accounting software that has taken the world by storm. The intuitive interface and easy-to-navigate functionality make it a breeze to track and manage your entire company. If you’re looking to get started with an online accounting software that’s built on cutting edge technology, then Xero is definitely worth your consideration.

Xero’s cloud accounting software is better than Quickbooks in every possible way. For starters, it offers unlimited users and unlimited accounts with no needs of upgrading – unlike Quickbooks which has a limitation of only 1000 users and only 20 accounts per user. In addition, Xero has an advanced feature that Quickbooks doesn’t – the use of custom fields where you can create whatever field that you need.

Feature that Xero had that Quickbooks never had

Xero does not charge for extra users in the beginning unlike Quickbooks which charges for that. For example, with Xero, you pay only $9 a month for one user. With Quickbooks, you will have to pay around $30 a month for using more than one employee. Xero also has an advanced inventory management feature and amazing reporting functionality that none of its competitors can offer.

Special features of Xero make’s different from quickbooks.

Xero Cloud Accounting

Xero cloud accounting is a major upgrade featuring best-in-class cloud accounting software, automated bank feeds & Xero’s new cashbook with more accounts, reports and functionality. Xero is also affordable for businesses that operate with up to 20 employees.

Xero Enterprise Accounts

Xero Enterprise Accounts is a new category of small business accounting software offered by our Xero family of products. You can now enjoy the power and flexibility of our full suite of enterprise accounting products at a lower per user cost than ever before, offering unlimited users and unlimited accounts among other great new features.

Types and benefits of Xero.

There are three types of Xero: Basic, Professional and Enterprise. Each type has different features and different benefits.

  1. A) Xero Basic

With its Basic version, you can access up to 3 users. The basic version allows for unlimited users in addition to unlimited accounts for each account holder. Basically, this version is free with no limitations whatsoever.

  1. B) Xero Professional

The small business accounting professional version is quite a bit different than the basic version. This version has more features but you will have to pay around $20-$30 a month for each user. However, it is important to note that this version allows for unlimited users and accounts so if you have more than 3 employees, then this version might be ideal for your company.

  1. C) Xero Enterprise

With this package, you get the best of the best with no limitations whatsoever on your number of users or accounts in addition to unlimited invoicing. As you can imagine, this version is ideal for larger companies that need to do a lot of Xero small business accounting.

Conclusion:

In conclusion, Xero is worth taking a look at if you’re looking for a software that is made to handle the needs of a large company or organization. You can also see to find out more about the company and its other products at their official website.

For more information about our Xero services, contact WLP Group today.