While both software will let you create recurring bills, only QuickBooks will allow you to schedule automatic recurring payments. Customize invoice colors and choose from templates.Automatically calculate state tax rates.Manually enter bank transactions and balances.Reconcile transactions without connecting bank feeds.Standard phone support is available Monday through Friday, 9 AM to 8 PM EST, and 24/7 with the QuickBooks Online Advanced plan.Ī few features exclusive to QuickBooks that could be vital for your small business: Additionally, both software provide online support, but QuickBooks excels by offering phone customer support as well. Neither software offers this feature in their lowest-price plan. QuickBooks Online provides this feature starting in their Essentials plan, and Xero offers it in their Established plan. Time tracking is an important feature that many businesses need. However, QuickBooks only offers it with its higher-tiered plans, while it comes standard with all Xero plans. On top of the shared features listed above, both QuickBooks and Xero have inventory management tools.
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