Welcome to Startup Savant’s comparative take on the Xero vs LessAccounting dilemma. We hope to help you figure out which, or if either, business accounting software solution is the right one for you and your platform. To do this we’ll breeze through the vitals: commonalities, differences, service packages and pricing. Enjoy!
Xero and LessAccounting are very different when it comes to the way they price and package their services. To give you a better idea let’s use some visuals aids to tackle both at once. We’ll start with our favorite.
Xero has 3 plans; Starter (typically for solopreneurs, freelancers, indie contractors, etc), Standard (for smaller startups) and the Premium (for your average mid-sized operation). Each plan has their own wall of features as you can see below. Note that the table only shows US prices. Pricing may vary if you’re located outside the US.
There are plenty of reasons a solopreneur or small startup would opt for the premium plan. Really inexpensive pricing aside, many of those features like tax filing and multi-currency are just as useful. Otherwise the software is designed for specific accounting demands.
Now let’s take a look at the actual software itself. Do keep in mind that Xero is very comprehensive and if you are an absolute beginner with all this accounting stuff it will take a little time to get the gist. Thankfully it’s very intuitive that way and helps to guide you through the initial process of setting things up and giving you an idea of what’s possible.
Less Accounting follows a slightly different approach when it comes to their services. Their three plans are similarly focused on corresponding users, but it’s broken down by overall spending vs the amount of employees.
LessAccounting is a little more expensive than Xero, however, it still has a solid following because of its quality. Aside from their specific features, these 3 plans have built-in tools which include the following:
In terms of small to medium-sized businesses, Xero and LessAccounting are great options. Xero’s just far more extensive and its work flow, or interface, has more functionality. But maybe streamlined and ultra-simplified is what you need? It’s really about where you are as a brand and what style of data-presentation appeals to you.
Xero, like LessAccounting is affordable and just so feature-rich that we almost see it as the next Intuit. It's just easier, more user-friendly and we still haven't stopped finding new ways to leverage it yet. Get serious about your financials, and your financials will get serious about you. Cheers!Discover Xero Or Try LessAccounting