Sage Accounting vs Xero: Which is best for you?

The cloud accounting functionality gives you the flexibility to work from anywhere and the option to integrate bank statement along with rules set up makes accounting very easy.

My company has only one employee and we need it for just basic needs and the first layer has features regarding opening balances missing but this product is a bit too much for those kind of companies that I am at.

Even though Xero lack global enterprises accounting features it has a robust integration capability that allows me to connect with external tools such as SAP Concur.

It is not great for multi-company businesses as you cannot be logged into more than 1 at once, you have to chop and change between them and to make intercompany transactions, you need to post separately in both entities.