For years, QuickBooks Online has been one of the top players in the Australian small business market. However, its hold has significantly weakened lately due to the number of cloud accounting apps that have crowded the online accounting software space. This strategy is apparently effective as more users are becoming reliant on mobile devices.
The most noteworthy among QuickBooks Online’s competitors is Xero, a mobile cloud accounting app that fancies itself as “the alternative to QuickBooks” and currently dominates the smartphone accounting category. Quickbooks quickly fired back by providing its own mobile version, which effectively migrated the features of its desktop version and prevails into the tablet category.
Let’s see how the two compare to each other: