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Financial Management Software Comparison Chart

Feature QuickBooks® QuickBooks
Online
Quicken® Home
& Business
Quicken Xero
Mobile Apps for iOS and Android
Yes

Yes
Yes
Cloud accounting for small businesses
Yes


Yes
Connects to over 500 leading business apps
Yes
Yes


Yes
Manages personal finances
Yes
Yes
Yes
Yes

Pay bills online
Yes
Yes
Yes
Yes
Yes
Download banking into software
Yes
Yes
Yes
Yes
Yes
Custom bank rules and automated reconciliation
Yes
Yes
Yes
Yes
Yes
Make transfers online
Yes

Yes
Yes
Yes
Balance your checkbook
Yes
Yes
Yes
Yes
Yes
Create budgets reports and graphs
Yes
Yes
Yes
Yes
Yes
Plan for retirement

Yes
Yes

Find tax deductions
Yes

Yes
Yes

Assists with investments and taxes

Yes
Yes

Creates estimates and invoices
Yes
Yes
Yes
Yes
Yes
Generates business reports & graphs
Yes
Yes
Yes
Yes
Yes
Tracks vehicle mileage
Yes

Yes


Tracks multiple jobs per customer
Yes
Yes
Yes


Monitors unpaid invoices
Yes
Yes
Yes

Yes
Track accounts payable & reimbursable
Yes
Yes
Yes

Yes
Tracks business sales tax
Yes
Yes
Yes

Yes
Create a business plan
Yes

Yes

Yes
Journal entry options for double entry
Yes
Yes


Yes
Create a forecast
Yes


Yes
Track sales orders
Yes
Ye



Track inventories
Yes
Yes


Yes
Manage payroll and taxes
Yes
Yes


Yes
Remote access
Yes
Yes


Yes
Forms for invoices etc
Yes
Yes


Yes
Multi-user
Yes
Yes


Yes
Time tracking
Yes
Yes


Yes
Integrates with Word, Excel, Outlook and ACT
Yes



Yes
Job costing
Yes




Customized price levels
Yes




Track income/expenses by class
Yes
Yes


Yes
Create purchase orders
Yes
Yes


Yes