XERO VS QUICKBOOKS – WHICH ONE IS BETTER?
Wondering what’s a lot far better Xero or QuickBooks? In this video clip Dan & Kelly run you with a fast look exactly how this can aid your little firm.
Topics containing:
What is QuickBooks
What is Xero
Just how does QuickBooks job
Exactly how does Xero job
QuickBooks Demonstration
Xero Demonstration
Do you call for audit software program application
Does bookkeeping software program application save time
Does bookkeeping software program application save tax obligation
Generating income quicker
Email invoicing
Financial institution feeds
Xero
Quickbooks
Saving tax obligation
Xero vs Quickbooks
HubDoc
Billing Bank
… as well as even more!
Acquisition QuickBooks listed here retail price right here: https://www.heelanassociates.co.uk/quickbooks-online-essentials-monthly-subscription/
Acquisition Xero listed here sticker price right here: https://www.heelanassociates.co.uk/xero-standard-monthly-subscription/
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#selfemployed #cloud #limitedcompany #book- maintaining #QuickBooks #Xero
Wondering what’s a lot far better Xero or QuickBooks? In this video clip Dan & Kelly run you via a fast look just how this can help your little business.
Manik Hossain
Which accounting software best for travel agency
Heelan Associates
Difficult to say Manik, we have travel agency clients on both of these and both work well! User preference these days, or if cost is an issue, QuickBooks!
Amateur Torque
Enjoyed your video. I think from what I’ve seen from your video Quickbooks would be better from a bookkeepers viewpoint. Thanks.
Heelan Associates
Quickbooks is a great product. Since we did this video some time ago, the product has improved greatly! We want to record a newer one soon….
William Hingston
Can you do another of these with a review of FreeAgent as well?
Heelan Associates
Mmmm. Yes possibly! Will have a think
Dee Ef Sea
@Heelan Associates I would also appreciate this! I’m starting a new business and have received a free FreeAgent subscription with my new Natwest Business Account. My accountant uses Sage and has recommended this for their own ease (I’m assuming), but I’m not sure whether to go with Zero or Quickbooks as recommended by yourself. The business will have few employees (<5) and is in hospitality (think cafe).
Mark McAuley
QB lost all of my transactions and receipts for almost a year, so I am looking for an alternative…
Heelan Associates
We’ve never heard of that! Did you speak to support?
citizendc9
Any feedback on this Mark?
Hamza Shiekh
which is best for uk job accounts….quickbook or peachtree ??
Heelan Associates
QuickBooks would get our nod.
Hamza Shiekh
@Heelan Associates thanks
Khrystyna Zaychykova
Hi, if I making payment for phone, diesel, or some other things from my personal bank account , buy this for company usage , can I still add and business bank account and personal bank account to Xero to control expenses? Thank you
Heelan Associates
You could, just can get a little messy.
Often it’s better to just key in those expenses as ‘bills’ and pay off via your drawings or directors loan account (ltd) inside the software.
buddhai
We are a company located in Canada and are looking to transition from Quickbooks 2016 Desktop to QBO or Xero.
Was wondering what you recommendation for a import wholesale business that is seasonal (functioning only 6 months out of year) We will need to use an inventory management software such as Cin7 or Fishbowl to manage out inventory and was wondering which one would integrate better overall.
Lastly, who do you think is more innovated in the market? Who do you think will be better and preferred 10 years down the line?
Thanks!
Heelan Associates
Hi there. Desktop QB ’16 was probably the best thing ever made :- ) (we still internally sometimes!).
Your best bet (without knowing the detail) is probably Xero + separate stock management system. As the market leader, most other apps are tending to build integrations with Xero.
That said, gut feeling is in 10 years time we will still have the same 2-3 players competing in the space.
WHUCF Accounts
Greetings, Most of the transactions in my company are Cash, Which one would be more suitable for me, Xero or QB?
Heelan Associates
Both would work actually! Probably not a preference for this. I guess maybe QBO might be slightly more intuitive / cost effective in this scenario , but honestly both would handle well.
jnscollier
TLDR; Which one is better – Accountants? ANSWER in one WORD!
Heelan Associates
Can you expand?
Laura B
I’m stuck deciding between the two. Would a 2022 update be on the cards??
Heelan Associates
These next few weeks! 10 of my team are attending ‘Xerocon’ next week so just waiting for any exciting product news before doing a much bette version of this classic!
Laura B
@Heelan Associates Woop! 😀
bmofano
good shout laura
ArtWorks Resin Canada
I’m stuck between the two as well. Looking forward to newest update when you get a chance. I have three small businesses and am desperate to get them organized online if these two programs. Just not sure which yet.
NaturalASMR (AKA EverydaySaves)
Go XERO. Ive had a tonne of small issues with QB but the nail in the coffin was when they allowed someone to fraudulently claim ownership of my account, access all of my, my clients and my employees sensitive information and theyve taken no responsibility. People say their customer service is good but everything they tell me I have to redo at tax time when my accountant says Ive done it all wrong. Theres a reason accountants refer to Quickbooks as Shitbooks 😆
Heelan Associates
I’ve not heard that term but did make me chuckle 😂 not heard a horror story like this yet but it’s good to share.
Miguel Imagina
Hi,
What about free software or at least partly free (depending on plan)? Do you have any that you would recommend?
(I’m just thinking about starting businesses / sole trades or just small turnovers)
Heelan Associates
The ‘best’ free software is probably to get a natwest/mettle account and get a free “FreeAgent” licence, but depending on your business Xero/Quickbooks is likely still the best investment.
Miguel Imagina
@Heelan Associates thanks
Bill Pelletier
Hubdoc has eliminated the ability to manually add Auto-Connections to Xero. Instead they dumbed down to just their predefined 3-companies: (Bank-of-America, Stripe, and Wells Fargo). These three (3) are your only banking download options to-date Oct 2022, before they had 700+. The whole concept of auto-polling banks statements, verizon cell phone bills, comcast tv, ethernet providers, electrical suppliers, loans, etc has been eliminated. Auto Connections went from 700 predefined to just 3. You cannot define any auto-download, only their predefined 3 banks. No longer worth the any monthly price. Was their saved login/password security compromised? Resulting in killing all auto-connections, their most valuable feature?
MP Motivation
Thank you! I decided on Quickbooks. lol