Accounting Software Comparison: Xero, QuickBooks, Zoho Books Based in UAE and its Advantages and Disadvantages

The need for superior accounting services has been on the rise as the SME world is growing at an exponential rate. Accounting services in Dubai and other places have incorporated accounting software comparison within the operations system to effectively fulfil accounting needs. Here we take a look at three specific software, namely Xero, QuickBooks, and Zoho Books and analyse their properties.

Xero:

Xero accounting software is a website-based application and a one-stop for most of your accounting solutions. It makes use of sophisticated technology to reduce accounting burdens on the company. The software is accessible from any device from any location, be it a vat consultant in Dubai or customer in any part of world. Whether you are looking for streamlined cash flow or formulate faster invoices, Xero has got you covered.

Pros

  • It is possible to re-design invoice and other templates as per company need 
  • No limit to number of users  
  • Has simple payroll and payslip feature good enough for SME 

Cons 

  • The tax reports is not designed as per UAE
  • Reverse charge mechanism doesn’t work

 

QuickBooks:

Any growing business can greatly benefit from the magnificent QuickBooks online software. QuickBooks has various attributes like affordable pricing and long trial period. Entrepreneurs can test the features and application of the program during the trial period. Besides this, the incredible customer support by the QuickBooks team is always there to worldwide clients. Online accounting allows your business to be connected regardless of the location, whether you are bookkeeping and accounting firm in Dubai or any part of world.

Pros

  • User-friendly interface 
  • Supports multiple 3rd party software 
  • Organization and integration facilities are top-notch

Cons

  • Has limit to number of user in each package
  • Lacks industry-specific features 

 

Zoho:

This cloud-based accounting software is quick to provide account solutions and allows interconnects with a vast array of useful products. Zoho books pricing is very affordable hence SME firms can utilize this software to their advantage. Zoho can also automate repetitive features to reduce workload. Many Accounting outsourcing companies in Dubai and other parts of the world are utilizing this software.

Pros

  • Simplicity of use
  • It is designed to enable with UAE tax structure
  • Integration of in-house apps

Cons

  • Lacks payroll module 
  • Doesn’t suit well for larger companies

 

In today’s time VAT and Accounting Software is being used in various SME businesses like digital marketing, advertising, branding, HR outsourcing, interior designing, salon etc. So, a good overview of this software will help them realize which accounting software is better for them. Reach us for more information at [email protected].