Xero Vs QuickBooks Desktop: Which you should choose?
Businesses today have turned to the cloud accounting packages to enhance their financial services. Although Quickbooks desktop has been popular with many companies, it cannot compare with Xero. Compared to MYOB and others, this application is relatively new in the market but it has attracted the attention of many accountants and managers.
The Xero software offers a more advanced platform for running accounting processes. Many people ask questions about the differences between these two accounting software.
The best way to answer this question is by trying to analyze each of them and see which has more gains.
How Does Xero Compare with Quickbooks on Desktop?
Of course, QuickBooks has been a favourite for many small sized companies who rely on on-site accounting applications. It has the essential features needed for small businesses and its ease of use is appealing to many business owners. However, with the recent wave of every business person checking out for cloud accounting software, this application might lose its taste with time.
Here is why you will fall in love with Xero:
- Fully supported cloud operation – Unlike QuickBooks, Xero has been designed from the foundation to support an advanced but very flexible cloud based application. This allows you to log in any time, from any place and view your cash flow in details.
- Automatic update of all bank transactions – Nowadays, most banks offer internet banking. Such transactions are important when you are conducting audits. Xero updates all your business’ financial dealings saving you from the agony of entering them later in your database.
- Integrates well with a variety of devices – The beauty with Xero is that you do not have to be near your desktop to access your cash records. The software is web-based; hence it can be accessed even through a Smartphone. This implies that you have your financial information under surveillance anywhere you go.
- Automatically updates online – For one to update a QuickBooks application, you will have to purchase a new version or update. However, Xero is a different kettle of fish altogether, it automatically gives you updates.
- No need for back up – Financial information is very sensitive in any business. Therefore, every firm strives to have a reliable data for all their accounting-related data, in particular if they are using on-premise software. Xero has come as a relief for such businesses. You can now sit back and relax, knowing that your data is secure. The software saves every bit of information on a remote server which rules out the possibility of data loss.
- Adapts to your business – QuickBooks and other common accounting packages are standard, which means that you have to adapt your business to them. However, Xero is customized depending on the kind of business that you have.
- Integration with existing applications – Xero has no problems working with the applications that you already have on board but QuickBooks is not designed for third party applications.
- Performance – The overall functionality of Xero is at the upper range compared to the other application. Being web-based makes operations run fast and downtimes caused by internal network problems are eliminated. It is rather user friendly owing to its flexibility.
Xero – The world’s beautiful accounting software
Certainly, there is more to gain than to lose when you install Xero. It might cost you more initially as compared to QuickBooks, but in the long run, you will be happy you made the decision. If you are using on-site accounting software, it is time you crossed over and take your business a notch higher. It does not matter whether it is a small or large enterprise, you will get a package that will streamline the way you run and keep your financial information.
At J Accounting Services, we always have something for all businesses regardless of their accounting knowledge and skills. Our xero accounting package are suitable for all business of different sizes.
