Xero vs QuickBooks Online: Which is the best accounting software for online stores

Shopify Partner
175 0 35

When we are focussing on growth, we can't ignore the numbers game which is driving the business. A good accounting software helps us record invoices and income and allows us to make timely decisions on inventory, sales strategy and more. 

QuickBooks Online is a popular choice for online stores and QuickBooks has been a leader in accounting for a while. But now it has a serious competitor in Xero which is already dominating markets outside US. 

If you are looking for the best accounting software, you will likely find yourself at crossroads choosing between Xero and QuickBooks Online.

Click Here for a head-to-head comparison with in-depth analysis around the top key features and requirements needed for bookkeeping for online stores

When comparing both, here’s a list of topics am looking at:

  • Overview dashboard
  • Invoicing
  • Reporting
  • Bank Reconciliation
  • 3rd Party Integrations
  • Exclusive features (Inventory management, mobile apps)
  • Support

Here's the full review: QuickBooks Online vs Xero: The Best Accounting Solution for Your eCommerce Business

Want me to compare any specific feature that you have in mind? Which gets your vote – QuickBooks Online or Xero? Leave a reply with your top choice. 

New Member
7 0 0

Great comparison! Both Xero and QuickBooks Online are fully fuctional accounting software for accounting professionals. 

However, Xero has been the most innovative and emerging accounting software that is more open to new integrations and technologies.  QuickBooks Online also has a wider customer network, somehow due to popularity and use of QuickBooks Desktop that has given a fundamental base to it, great design of the interface, look and feel with great functionality.

It also be important to know that both has their different geographical reach, customer base and feature accordingly. For ex, Xero is a great options for natives of New Zealand and Australians on the other hand QuickBooks Online is well suited for Candaians and Americans.

Finance and Accounting consultant