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TurboTax Business VS Xero

Compare TurboTax Business VS Xero and see what are their differences

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Omni-Channel SaaS Solution Suite for Retail, Wholesale & eCommerce businesses featured
Contents:
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  2. » Videos
  3. » Reviews
  4. » Alternatives

TurboTax Business logo TurboTax Business

TurboTax Business is tax software that is designed for both small businesses and income taxes.

Xero logo Xero

Xero is online accounting for your small business.
  • TurboTax Business Landing page
    Landing page //
    2023-06-22
  • Xero Landing page
    Landing page //
    2023-10-19

TurboTax Business

Website
turbotax.intuit.com
Pricing URL
-
$ Details
-
Edit details

Xero

Website
xero.com
Pricing URL
Official Xero Pricing
$ Details
paid Free Trial $9.0 / Monthly (Send 5 invoices and quotes / Enter 5 bills)
Edit details

TurboTax Business videos

+ Add

TurboTax Business Review: Not as good as in the past.

More videos:

  • Review - TurboTax Business Review: Started to use, too expensive for needs

Xero videos

+ Add

Xero vs QuickBooks Online 2019

More videos:

  • Review - Xero Accounting Software Review
  • Review - 3 Minute Overview of Xero Accounting Software

Category Popularity

0-100% (relative to TurboTax Business and Xero)

TurboTax Business

Xero

Tax Preparation
100 100%
Tax Preparation
0% 0
Accounting
3 3%
Accounting
97% 97
Business & Commerce
100 100%
Business & Commerce
0% 0
Bookkeeping
0 0%
Bookkeeping
100% 100

User comments

Share your experience with using TurboTax Business and Xero. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare TurboTax Business and Xero

TurboTax Business Reviews

We have no reviews of TurboTax Business yet.
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Xero Reviews

Top 9 NetSuite Alternative Software for Professional Services
Xero offers an accessible, intuitive user experience suitable for smaller companies. However, certain reviewers have noted that the pricing points can be high for the tool’s value. As Xero doesn’t provide end-to-end project management support, investing in a unified platform with Xero integration is something you can consider.
Source: productive.io
5 Best Alternatives to QuickBooks Accounting Software
Easy-to-use dashboard: Both QuickBooks Online and Xero have intuitive dashboards that present all relevant data, including cash flow from all banks. While QuickBooks takes a more sophisticated approach to this, Xero’s style is more streamlined.
Source: www.businessnewsdaily.com
The 8 Best QuickBooks Alternatives for Small Businesses
While both QuickBooks and Xero allow for app integration, Xero goes above and beyond with more than 700 app integrations, extending the basic functionality of the application considerably. Apps are available in numerous categories including CRM, e-commerce, time tracking, practice management, payroll, and point of sale.
Source: www.fool.com
7 Best QuickBooks Alternatives for Small Businesses
Xero has three pricing tiers and all of them support unlimited users. If you’re a super small business, the Early plan at $12/month may work for you — just keep in mind you can only enter up to five bills and 20 invoices. However, most small businesses quickly outgrow this package and move up to the $34/month Growing plan. More complex businesses that deal with multiple...
Source: www.fundera.com
20 best accounting software tools
Xero is a free cloud-based online accounting software aimed at small and midsize businesses – it offers an easy way to handle your transactions and run your business.
Source: clockify.me

Social recommendations and mentions

Xero might be a bit more popular than TurboTax Business. We know about 1 link to it since March 2021 and only 1 link to TurboTax Business. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

TurboTax Business mentions (1)

  • LLC (Based in CA) - I want to pay all Taxes but I am a bit lost
    While this can help maintain the business books you will also need to file taxes ever year which can be done using forms on the IRS website and mailing it in or using many of the low cost online tax filing services. Example: https://www.taxact.com/business-returns | https://turbotax.intuit.com/small-business-taxes/. Source: over 1 year ago

Xero mentions (1)

  • I would like some input on accounting software
    Thanks, will you be able to sign me up on South African packages as well? The naming scheme and pricing is different for xero.com/us and xero.com/za. Source: over 2 years ago

What are some alternatives?

When comparing TurboTax Business and Xero, you can also consider the following products

ProSeries - Try the #1 professional tax preparation software chosen by more than 62,000 pros. ProSeries helps you make a meaningful difference for clients and file returns fast.

FreshBooks - The ideal accounting software for small business owners.

UltraTax CS - UltraTax CS is an all-in-one professional tax preparation software that works in a streamlined fashion with work papers and provides seamless document management.

QuickBooks Online - QuickBooks Online is a Cloud Accounting for small business that can be used on iPad, mobile phone or computer to do invoicing, billing, run reports, or even pay employees online.

GoSystem Tax RS - GoSystem Tax RS has unmatched web-based tax processing power, is scalable to needs, and is available in a secure online environment.

QuickBooks - Business runs better with QuickBooks, the #1 accounting solution for small business.

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