Xero vs Sage 2024 Comparison

Xero offers pricing plans to suit businesses of different sizes and stages. In addition, Xero accounting and bookkeeping partners can offer bare-bones plans for businesses that need only cost of goods sold journal entry the basics. We’re upfront about pricing, and provide full details of our pricing plans and optional extras. For Payroll with Gusto (US), pricing is based on the number of users who are paid each month. Run your business from anywhere with Xero’s easy accounting app. Keep track of your unpaid and overdue invoices, bank account balances, profit and loss, cash flow and bills to pay.

More about the Xero Accounting app

1. Xero doesn’t provide a phone number on its customer support page, but a representative will call you if necessary.
2. Kristy's work also appears in Newsweek and Fortune, focusing on personal finance.
3. NerdWallet independently reviews accounting software products before determining our top picks.
4. One big drawback of Xero is that it doesn’t have a dedicated customer service phone number.

Xero’s bank feed securely imports your transactions into the Xero accounting software each business day. Simplify your finances and get more done with Xero online accounting software. Create, edit and send invoices as soon as the job is done directly from the mobile app. Run your small business from anywhere and remain productive in otherwise unproductive moments with the Xero bookkeeping and accounting app for small business. Wave is a solid choice for small businesses looking for free accounting software. Xero doesn’t provide a phone number on its customer support page, but a representative will call you if necessary.

Today’s leading accounting platforms offer standard security features like data encryption, secure credential tokenization and more. While human error will always play some role in security breaches, you can be confident in your accounting platform when it comes to keeping your information safe. All pricing plans cover the accounting essentials, with room to grow. Currently, Sage Accounting has 41 apps you can add to the software through the Sage Marketplace.

QuickBooks caps the number of users who can use the account. It allows three users for its Essentials plan ($55 per month) and 25 users for its top plan, the Advanced ($200 per month). Xero, on the other hand, offers unlimited users for all plans. This can be helpful if your company is growing fast, or you simply want the reassurance that there’s no limit to how many people can be part of the team. Keep in mind that the ability to use multiple currencies in the software and invoice is limited to the company’s highest tier, at $70 per month.

To keep things organized, Xero logs every action users make and compiles the history of every transaction. Has robust reporting tools and report customization options, basic inventory differences between ebitda and operating cash flow tracking in all plans and a capable mobile app; Early plan limits the number of invoices and bills. While Xero’s plans start at a cheaper price, QuickBooks offers more features across its plans.

Plans to suit your business

All three of these offer the ability to scale their accounting for larger businesses and both Xero and QuickBooks offer specific training for accountants. These companies offer Gusto integration for the same price—$40 per month and $6 per month per person. On the other hand, FreshBooks may be a better fit for freelancers and solopreneurs, as the capabilities are easier to navigate.

Better your cash flow

One big drawback of Xero is that it doesn’t have a dedicated customer operating cash flow calculation service phone number. If you want to talk to a human being, you have to submit a ticket and request a callback. However, Xero does offer 24/7 online support—a rarity in the accounting software field. You can also browse the Xero Central support database for articles and guides on your issues. You can enter five bills on the base plan, but this becomes unlimited on the higher plans. Entering these bills is easy thanks to receipt capture with Hubdoc.

Because both software come with a 30-day free trial, you’ll have plenty of time to give each a test run before committing. However, there are some key features missing from Sage, including bill pay and time tracking. While Sage does offer accounts payable, it seems you still have to manually pay bills from your bank account. Sage does have the upper hand against Xero when it comes to quotes and invoices, as well as multi-currency support. With your accounting software and data stored online in the cloud, you can access your up-to-date accounts anywhere there’s an internet connection. Your Xero data is backed up regularly and protected with multiple layers of security.