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Quickbooks vs xero invoicing9/10/2023 ![]() With either platform you'll get good features for processing invoices and quotes. While they both have been rated user-friendly and have a clean look, you might find you prefer one layout over the other. Before making any decisions, it’s worth trying each product out to check it’s right for you, both Xero and QuickBooks offer free trials so we suggest making the most of them. When you do decide on accounting software, you should be completely comfortable using it. Xero and QuickBooks have clean interfaces and simplified dashboards which are easy to navigate, although the information on them can be overwhelming if you’re not au fait with accounting terminology. Understanding what you’re doing and why you need to do it is essential when it comes to managing the accounting for your business. To get the most from your accounting software product, you will need to invest time into learning the basics of accounting. In addition to being able to check what you owe, submit and view returns, Xero allows you to also view VAT payment history. Using approved software will allow you to submit VAT Returns directly to HMRC without needing to visit HMRC’s website. So, we’ve compiled an overview of the pros and cons of these two cloud-based accounting platforms.īoth QuickBooks and Xero software has been through HMRC’s recognition process. Though there’s plenty to love about both systems for small businesses, start-ups and agencies to name a few. Their full capabilities however do vary and you’ll likely have a preference of one over the other.ĭesigned with functionality optimised for small to mid-sized businesses in mind, a large enterprise may hit limitations when it comes to more complex requirements. Xero and QuickBooks are both comprehensive tools that tick most boxes in terms of accounting features that most businesses need. A system like Xero or QuickBooks is perfect if you want to maximise tax deductions, save time and get a full view of your accounting. ![]() ![]() For the day to day running of a business, a cloud accounting tool is one of the most powerful platforms you can use. ![]()
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