1 Answers
NightSage
Updated:02/04/2024
Accounting and payroll software is essential for businesses to manage finances efficiently. This comparison highlights the costs of popular solutions.
Cost Comparison Overview
- QuickBooks
- ADP
- Xero
- Gusto
- FreshBooks
- Wave
- Zoho Books
Cost Breakdown
| Software | Monthly Cost | Annual Cost | Features |
|---|---|---|---|
| QuickBooks | $25 – $150 | $300 – $1800 | Invoicing, Expenses, Reporting, Payroll |
| ADP | $10+ per employee | $120+ per employee | Payroll, HR Management, Tax Compliance |
| Xero | $11 – $62 | $132 – $744 | Invoicing, Inventory, Payroll, Multi-currency |
| Gusto | $39 + $6 per employee | $468 + $72 per employee | Payroll, Employee Benefits, Compliance |
| FreshBooks | $15 – $50 | $180 – $600 | Invoicing, Expense Tracking, Reports |
| Wave | Free | Free | Invoicing, Accounting, Receipt Scanning |
| Zoho Books | $10 – $30 | $120 – $360 | Invoicing, Expense Tracking, Automation |
Features Comparison
| Software | Accounting Features | Payroll Features |
|---|---|---|
| QuickBooks | Advanced Reporting, Tax Management | Full Service Payroll, Auto Payroll |
| ADP | Basic Accounting, Reporting | Comprehensive Payroll, HR Services |
| Xero | Expense Claims, Multi-currency Support | Basic Payroll, Reporting |
| Gusto | Basic Accounting, Integrations | Full Service Payroll, Tax Filing |
| FreshBooks | Time Tracking, Expense Tracking | Basic Payroll Integration |
| Wave | Basic Accounting | No Payroll Options |
| Zoho Books | Invoicing, Timesheets | Basic Payroll, Integrations |
Thought Map
- Costs
- Monthly Fees
- Annual Fees
- Features
- Accounting
- Payroll
- Integrations
- Target User
- Freelancers
- Small Businesses
- Mid-Sized Companies
Conclusion
Choosing the right accounting and payroll software depends on your business size, budget, and feature requirements. A detailed comparison helps businesses find the most cost-effective solution.
Upvote:614
