freshbooks vs xero

Choosing the right accounting software can ensure your small business manages its finances well. If you’re searching for the best accounting software, you might be on the fence between FreshBooks and Xero. Both made our list of top QuickBooks alternatives, meaning they’re functional, powerful and easy to use. To know which might be right for your needs, check out our FreshBooks vs. Xero comparison.

Time and mileage tracking

  1. However, first-time users might find a little bit of a learning curve.
  2. If you’re searching for the best accounting software, you might be on the fence between FreshBooks and Xero.
  3. Use interfaces, data tables, and logic to build secure, automated systems for your business-critical workflows across your organization’s technology stack.
  4. FreshBooks is an accounting software designed for solo business owners, freelancers and sole proprietors.

If you’re running a small business with simple finances, you might be able to handle it all on your own with Xero. But if you have intricate transactions or can’t tell a balance sheet from a grocery list, it’s probably time to call in the bookkeeping cavalry. Zapier is the leader in workflow automation—integrating with thousands of apps from partners like Google, Salesforce, and Microsoft.

And with the best customer support in the industry, it’s easy to see why Xero customers switched to FreshBooks. FreshBooks is a good option for those who don’t have a lot of experience in accounting and want an easy-to-use way to manage their business finances. The software allows you to do everything from tracking expenses to sending invoices and collecting payments. It will make tax time easier by providing the required reports that your tax preparer needs to accurately file your taxes. We also recommend Xero for businesses that prioritize financial reporting tools in their accounting software.

freshbooks vs xero

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There’s also self-help information for frequently asked questions (FAQs) about FreshBooks features and how-tos. We called a tie for this criterion because both software need third-party providers for assisted bookkeeping. The bookkeeping service isn’t included in the subscription price, so you’ll need to pay an additional fee to get it. FreshBooks is much more straightforward, which is expected since the software caters primarily to users without accounting experience. Xero’s difficulty is average for someone who has been using accounting software programs for quite some time.

FreshBooks vs. Xero: Which accounting software is best?

It can be easily accessed from any device, from your PC (Windows desktop) or Mac desktop to your mobile phone. Ya know who always picks up and never transfers you when you call FreshBooks? At 91%, FreshBooks has forensic audit guide the best rating for customer support among all competitors. 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. FreshBooks has simple, transparent pricing that fits your budget.

FreshBooks has the best rating for customer support among all competitors at 91%. FreshBooks still syncs with more than a hundred other business apps, including crucial third-party apps like Gusto. Its integrations only pale in comparison to Xero’s because, well, everyone’s app integrations pale in comparison to Xero.

What is the difference between FreshBooks and QuickBooks?

The only way to assign expenses to the appropriate checking account is by matching transactions in the bank feed. Therefore, without a bank feed, you can’t designate which accounts for subtracting expenses, making FreshBooks unusable if you have more than one bank account and no live feed established. Stay in touch with clients through the FreshBooks mobile app and get notified when invoices have been viewed or become overdue. Our partners cannot pay us to guarantee favorable reviews of their products or services. We believe everyone should be able to make financial decisions with confidence.

After the 4-month promotional period, you will be billed at full price for the plan you have selected. It’s full of user guides, help articles and other learning tools so you can hopefully find answers to your questions faster. Xero is cheaper when comparing the two base plans, but it quickly becomes more expensive in higher tiers.