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. If you’re looking for an accountant who specializes in Xero, you can search for an accounting advisor through their website by location and industry. FreshBooks makes it easy to transfer all of your financial data over from another platform so you can get up and running. Both FreshBooks and Xero have a free 30-day trial so that you can check out the features before committing to a contract. Xero even allows you to cancel within a month, not locking you into a long-term contract if you decide it isn’t for you after a few months.
Building Better Businesses
Xero also has a centralized BI analytics dashboard where users can check cash flow and financial health, and track metrics. For a fee, users who want to leverage more advanced BI analytics tools can upgrade from Xero Analytics to Analytics Plus. FreshBooks’ small business reporting tools allow users to know exactly how their business is performing. Using straightforward dashboards and reports, companies benefit from accurate and valuable information.
What is better: QuickBooks or Xero?
The quality you get for the amount you spend is the essence of bang for your buck. We recommend FreshBooks for all business customers that prioritize invoicing tools. Of all the accounting software platforms we reviewed, FreshBooks’ invoicing functionality impressed us the most. Creating invoices in FreshBooks is much easier than in other platforms ― automatic invoice generation and customization are a breeze.
From Xero to Hero: 95% Of Small Businesses Say FreshBooks Is Easier to Use
Millions of small business owners use FreshBooks and love it for its easy-to-use, fast, and intuitive interface. Now, we bet you’ve come across the names FreshBooks and Xero in most, if not all, of your search results. Sure, they’re not well-known like accounting tool, QuickBooks, however they are both extremely viable options for your accounting solutions. Xero offers basic revenue vs sales accounting features and advanced tools for bookkeepers and accountants. To remain competitive and keep up with the latest technology, FreshBooks and Xero offer a wide range of features, resources and tools — some more advanced than others. In this section, we look at the main features businesses should evaluate before deciding which accounting software is a better fit.
Xero enables you to stay on top of bills and gives you a clear overview of your business cash flow and accounts payable. FreshBooks Payments lets your clients pay directly through invoices and automatically records each payment in your account. A cost-effective yet powerful cloud-based accounting tool is a must-have for any small to medium-sized business today.
Popular categories include payroll, inventory, time tracking, payments and CRM. Cloud accounting software provides access to your data anytime, anywhere, from any device connected to the internet. Easy-to-use invoicing, payments, project management, accounting features, and so much more, is why over 30 million businesses in 160+ countries have used FreshBooks. Wave Accounting is an entirely free option for small business owners. This means you don’t need a 30-day trial like FreshBooks offers.
- We recommend FreshBooks for all business customers that prioritize invoicing tools.
- Being able to create and send invoices on the go means no delays and no accounting headaches waiting for you.
- Xero’s accounting software is highly rated among small businesses.
- QuickBooks Online includes all the components of the desktop version, plus additional features such as more app integrations, a fully functional mobile app and more attractive pricing.
Plus, Xero integrates with over a thousand apps, meaning you can personalize your inventory, payroll, CRM or time-tracking experience however you’d like. If you run a small company or a freelance business, you are likely familiar with juggling multiple clients, payment deadlines, invoices and more—there’s always something else to remember. FreshBooks is an accounting software designed for solo business owners, freelancers and sole creative accounting proprietors. The software makes it easy to stay organized, keep track of payments owed and expenses made, send invoices and accept payments. While there are many accounting software options out there, FreshBooks is particularly well-suited for smaller businesses and companies with one main owner and operator. As a client, receiving a FreshBooks invoice with line items for subscription-based products or services, it’s easy to pay.
During sales, you get 50% off for the first 3 months after which normal rates apply for each plan. There is no free plan however, there’s a 30-day free trial period to test out FreshBooks, thereafter, a plan has to be purchased. TurboTax is owned by Intuit, the company that created QuickBooks—which means the software syncs with QuickBooks, but not with Xero, FreshBooks, or most other players in the game. Like several competitors, Xero provides tools to customize the look and feel of your invoices. Whether you opt for company earnings calendar, both seamlessly sync with Zapier, allowing you to set up automations and ditch the tedious bookkeeping. Dive into these ready-to-use workflows and give your business the boost it deserves.
Other great options you could try out include QuickBooks online, Zoho Books, and Stripe. FreshBooks offers almost the exact same integration features as Xero including offering developers APIs and integrating with Zapier for more add-on access. Where it falls behind is its original integration options as it grants about 100 integration to third-party apps. Business owners use FreshBooks and Xero to manage their businesses and gather insights for better decision-making.
In the battle of FreshBooks vs. Xero, we don’t think one is the ultimate winner. FreshBooks is the go-to solution for freelancers and solopreneurs who want freedom with managing and billing their clients. While small businesses can use the software as well, the extra charge per team member could add up quickly. Both services let you track time for a project, meaning you’ll know exactly how long a certain job takes.
