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Xero VS TurboTax

Compare Xero VS TurboTax and see what are their differences

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Xero logo Xero

Xero is online accounting for your small business.

TurboTax logo TurboTax

TurboTax Premier includes everything in Deluxe, plus additional features to help you get the most from your investments and rental properties.
  • Xero Landing page
    Landing page //
    2023-10-19
  • TurboTax Landing page
    Landing page //
    2023-10-09

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

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

Xero videos

+ Add

Xero vs QuickBooks Online 2019

More videos:

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

TurboTax videos

+ Add

TurboTax Review 2020 by a CPA | Pros + Cons | Where H&R Block Online Is Better

More videos:

  • Review - TurboTax Review 2019-2020: Easiest Tax Software To Use
  • Review - H&R Block Vs. TurboTax — Which Is Better For Filing Taxes?

Category Popularity

0-100% (relative to Xero and TurboTax)

Xero

TurboTax

Accounting
88 88%
Accounting
12% 12
Bookkeeping
100 100%
Bookkeeping
0% 0
Business & Commerce
0 0%
Business & Commerce
100% 100
Small Business
100 100%
Small Business
0% 0

User comments

Share your experience with using Xero and TurboTax. 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 Xero and TurboTax

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

TurboTax Reviews

7 Best Budgeting Tools and Apps for Personal Finance
An Intuit offering, TurboTax is a consumer-friendly tool to walk you through filing your taxes. It makes filling in the tax information easy, you can do it by importing your W-2 form information or just taking a picture of the form. For a short-term fix, a free version is a good option, especially if you only need to file only your 1040A or 1040EZ.
Source: www.softwaresuggest.com
What’s the Best Online Tax Preparation Software? TaxAct vs TurboTax vs H&R Block
TurboTax is another extremely popular online tax filing program. Though it doesn’t have a dense network of physical branches to back it up, TurboTax is owned by Intuit, one of the country’s best-known financial software firms. Despite a free version that’s appropriate for relatively simple tax situations, TurboTax’s plans are a bit more expensive than H&R Block’s – though...
Source: www.moneycrashers.com
TaxAct vs. TurboTax 2018
If you need (or want) a lot of handholding, TurboTax could be a great choice. Its searchable knowledge base, video tutorials and online community are great for research on the fly, but one of TurboTax’s most outstanding support features is TurboTax Live, which is in its second year. It offers (and not cheaply; see our pricing table for costs) a one-on-one review with a CPA...
Source: www.nerdwallet.com
Reviewed: The 6 Best TurboTax Alternatives
When it comes to reliable and affordable tax filing services, TurboTax is often ranked among the highest. It includes all the features needed to make tax day a success. Including intuitive web and mobile apps, great customer support, and customizable plans for almost every financial situation. But it's by no means the only reputable option out there. Individuals and...
Source: wiki.ezvid.com

Social recommendations and mentions

Based on our record, TurboTax should be more popular than Xero. It has been mentiond 5 times since March 2021. 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.

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

TurboTax mentions (5)

  • How do I learn about healthcare, taxes, etc?
    You will receive some forms in the mail from your employer shortly after the first of the year every year. You need to file your personal income taxes before April 15th each year. You can pay a tax preparation service to fill out the forms for you, have an accountant do it for you, or you can go online and go to one of several sites that will let you do it online (it's free for a basic tax return, more... Source: 12 months ago
  • Just found out how much PAs make at my building...
    A progressive tax is when the tax rate you pay increases as your income rises. In the U.S., the federal income tax is progressive. There are graduated tax brackets, with rates ranging from 10% to 37%.Dec 1, 2022 Https://turbotax.intuit.com › general Understanding Progressive, Regressive, and Flat Taxes - TurboTax Tax Tips & Videos... Source: over 1 year ago
  • How have you been doing your crypto taxes?
    Stake.tax + Cointelli + TurboTax worked well for me. Source: almost 2 years ago
  • The Bob Saga: Episode VI Return of u/ryanwosleger
    If you're American/work for a US company, then just go to https://turbotax.intuit.com/. Source: about 3 years ago
  • filing taxes as an independent
    "Start for Free but then we charge you if you need to do any Schedules" by Turbotax: http://turbotax.intuit.com. Source: about 3 years ago

What are some alternatives?

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

FreshBooks - The ideal accounting software for small business owners.

Sage 50cloud - Sage 50cloud is the small business solution for everyday heroes. Plus, new customers enjoy 40% off!

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.

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

LessAccounting - Small business accounting software from Less Everything, because your job title isn't accountant! Accounting software features: invoicing, proposals, CRM and more.

Sage Intacct - Intacct is a cloud-based accounting and financial management system that is designed for the businesses of all levels.

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