QuickBooks has an estimated 80% market share in the US. What’s the difference between QuickBooks and QuickBooks Online? QBO claims that customers find on average $3,534 in tax savings per year. QuickBooks is Intuit’s general accounting software, while QuickBooks Online (QBO) is specifically the cloud-based service. For QBO, you pay a monthly subscription rather than an upfront fee, and you get all the patches and software updates from Intuit. In this article, we'll mostly refer to QuickBooks Online, which is what we think you’ll likely opt for instead of Intuit’s desktop version of QuickBooks. QuickBooks Online is rated 4.2 out of 5 on Capterra by 3520 users, while Xero has an average of 4.3 from 1880 users. QuickBooks and Xero both have excellent dashboards that give you an easy glimpse of all of your main business metrics after logging in.

Your best option here will probably come down to the user interface you enjoy using most. We love QuickBook's simple yet customizable layout, offering a quick overview of profit and loss, expenses, bank account balances, invoices, and sales. Similarly, Xero has an equally user-friendly dashboard that's aligned with the minimalist vibe of the rest of their product:īoth QuickBooks and Xero are easy to set up and offer a huge range of banking integrations for many regions.

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