-Xero is a truly collaborative platform-contact your accounting professional directly from help, leave comments while performing bank reconciliation, add comments to reports and more.
-Xero was built starting in 2006 while QuickBooks Online was built in 1999 and retrofitted to meet the demands of today. QuickBooks Online is an online emulation of its desktop past. Xero was built from the ground up on the modern web and with collaboration at its heart. It is therefore faster (accelerated via Akamei), more secure (our infrastructure is in Rackspace), easier to use (beautiful accounting).
-QuickBooks Online for Accountants provides a dashboard-only view of a single QuickBooks Online file. For Xero, we provide the Xero Partner Edition which is a lightweight practice management tool to see all your clients at a glance, what activity has happened in their organization, management tools for staff and for clients, plus marketing resources. QuickBooks Online does not offer that and the marketing resources would require a $599 additional charge for a QuickBooks ProAdvisor membership.
-QuickBooks Online charges for additional users while Xero is unlimited users for all including users in the small businesses and their accounting professionals
-WorkflowMax is a powerful practice management solution for Accounting Professionals. It is free with 25 clients or more as a Xero Partner (and at a cost for those with less than 25 clients). There is no offering from Intuit that exists and competitive products from other major vendors are much more expensive.
-On features, Xero has some that QuickBooks Online does not like Expense Claims, Fixed Assets, both IFRS and GAAP reporting to name a few. QuickBooks Online has some that --Xero does not, like Purchase Orders and lightweight inventory. However, Xero is built around the cloud and has over 115 add-ons that fill the holes and provide superior capabilities across a whole spectrum of workflows and vertical solutions. If Xero does not have it, one of our add-on partners does (we add a new partner about every week or two). For something like inventory, check out Unleashed for example. In contrast, QuickBooks Online only has 31 add-ons.
Xero is giving away a Google Nexus 7 Tablet at our next event, so take a break and enjoy a free meal
When: Tues February 5 btwn 4:30 and 6:00
Where: Razzis' in Greenwood
RSVP HERE
Cost: FREE
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