Xendoo vs AccountsBalance 2023 Comparison

Bookkeeping services offer a cost-effective way for small businesses to tap into expertise and skills necessary for their business, without the additional costs associated with hiring and training new staff. Both Xendoo and AccountsBalance offer options that make them appealing for businesses looking to outsource their bookkeeping tasks, by providing quality advice and consistency in their processes. So how do these two bookkeeping services stack up?

Xendoo vs AccountsBalance 2023 Comparison

Xendoo is a bookkeeping service geared towards offering bookkeeping and tax services for small businesses, franchises and online businesses, thus making it simpler for them to keep their financials accurate and up to date. AccountsBalance also offers a variety of bookkeeping services geared towards agencies, SAAS, and online businesses, utilizing strong processes and expert bookkeepers who understand your industry. Both offer the ability for you to get your bookkeeping caught up if you have fallen behind, while providing resources to make it easier to handle the financial aspects of your business.

Xendoo vs AccountsBalance Overview

With both companies offering quality bookkeeping services, it is important to know what each team offers and how they compare with each other. Let’s start with a basic overview of their current offerings and pricing.

Who Should Use Xendoo and AccountsBalance? 

Xendoo specializes in working with small businesses, franchises, ecommerce, and professional services by providing access to a team of financial experts. As a bookkeeping service, Xendoo also offers assistance with tax filing, bookkeeping, sales tax, and other cash flow management, while integrating a wide variety of technological strategies.

AccountsBalance is geared towards small businesses, SAAS, online businesses, and agencies, providing strong processes and timely service every month. Additionally, they offer a dedicated bookkeeper and integrate with various accounting software, making it easy for you to transition your business to their system.

Xendoo vs AccountsBalance Pricing

While both services offer multiple options, Xendoo is slightly higher than the average for a bookkeeping service. However, they also offer the ability to scale up as your business grows, and their tax services can benefit a business with significant retail revenue. AccountsBalance also offers scalability, but they are more in line with industry averages for pricing and provide several plans to meet the needs of your business and your budget.

Xendoo vs AccountsBalance Features

Xendoo offers multiple bookkeeping and accounting features based on the tier that you opt to use for your business. They offer a fast sign-up process, expert advice, easy access to your financials, and integration with multiple software options.

AccountsBalance provides a dedicated bookkeeper, monthly reconciliation, quality processes, and controller oversight. Additionally, they offer more specialization for agencies and professional services to fit your needs as your business expands.

Xendoo vs AccountsBalance Software 

Xendoo is compatible with multiple software options, including Amazon, Shopify, Quickbooks, Bill.com and more.  AccountsBalance is compatible with Quickbooks Online and Xero. Both offer options to make sure you can easily see your accounts and current financials.

Zendoo vs AccountsBalance Customer Support

Xendoo offers customer support by phone during normal business hours, but also offers email options for questions outside of normal business hours. AccountsBalance provides multiple layers of customer support, allowing you to get the answers you need, when you need them.

Frequently Asked Questions (FAQs)

1. Which is better for online businesses? 

Both offer options geared towards online businesses, but AccountsBalance offers the customer support that best meets the needs of an online business act 24/7 and specialized experts in bookkeeping and accounting.

2. What should I consider when hiring a bookkeeper online? 

First, list the needs of your business, including what tasks you wish to have your bookkeeper perform. Second, does the bookkeeper have the ability to grow with your business? Finally, you should look for a bookkeeper that is familiar with your industry.

3. What’s different between a freelance bookkeeper and these bookkeeping companies?

Bookkeeping companies provide a team that can execute a variety of services, along with having specialization in multiple industries, thus allowing them to grow with your company. Freelance bookkeepers can offer personalized services, but they are limited in what they can offer to a business, especially as it expands.

4. How much does an online bookkeeping cost on average? 

Most online bookkeeping services cost an average of $300 per month, but with Xendoo that cost is slightly above average and does not include the costs for catch-up bookkeeping or tax services.

What Is AccountsBalance?

AccountsBalance is a monthly bookkeeping service specialized for agencies & SAAS companies.

We take monthly bookkeeping off your plate and deliver you your financial statements by the 15th or 20th of each month.

You’ll have your Profit and Loss Statement, Balance Sheet, and Cash Flow Statement ready for analysis each month so you and your business partners can make better business decisions.

Interested in learning more? Schedule a call with our CEO, Nathan Hirsch.

And here’s some free resources:

• Entrepreneur Bookkeeping Checklist
• Monthly Finance Meeting Agenda

In Summary

Overall, Xendoo provides bookkeeping service and quality customer service for retail business with multiple layers of tax to manage. They also are geared to handle franchises and other online business, but their services come at a higher price. AccountsBalance offers quality bookkeeping services at a reasonable price, while also specializing in online businesses and agencies. With a higher level of customer support, AccountsBalance offers value and efficiency for your business.