QuickBooks vs Xero

Both are accounting tools. Here's how their key features, pricing and fit line up, from each vendor's own site.

Feature QuickBooks Category leader Xero Category leader
PricingFree plan
Free plan; paid from $38/month
$27/month
Best forSmall US businesses with 1-25 users that want mainstream bookkeeping and easy hand-off to an outside accountantSmall businesses and their bookkeepers that want cloud accounting with unlimited-style collaboration and a large app ecosystem
Team size1–500 people1–500 people
Bank reconciliation YesYes
Multi-entity accounting Not listedNot listed
Multi-currency Not listedYes
Inventory tracking YesYes
Project accounting YesYes
Accountant access YesYes
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More QuickBooks alternatives · More Xero alternatives