I've used Xero, QuickBooks, and Freeagent for microentity UK LTD accounts.
Xero is the champion of dark patterns and gaslighting when it comes to billing. The listed price fails to take into account their notice period and they won't let you export your data without resubscribing (with a notice period for the new subscription!).
I tried QuickBooks just briefly and didn't adopt it because I felt like the interface is hiding important details and doing things in the background that I want to be explicit and possibly done differently IIRC it wouldn't let me create an invoice without GBP conversion which isn't required for non-VAT invoices. This led me to creating my own invoice editor that I'm happy with.
FreeAgent has everything I need - bank feeds, streamlines the whole end of year process submitting everything to HMRC. It doesn't implant a vendor lock-in abstraction layer between the user and the accounts. Xero and QuickBooks feel like they are designed to be used exclusively by full-time accountants who specialize in their software package, whereas FreeAgent can be used by a founder educated in accounting who prefers to do the accounting on their own.
I use FreeAgent too, though it does have some limitations (for example, it only supports straight line depreciation over up to 7 years at a fixed percentage, and doesn't support diminishing value at all) the fact they don't force you up two additional tiers to bill on multiple currencies is great.
Xero is the champion of dark patterns and gaslighting when it comes to billing. The listed price fails to take into account their notice period and they won't let you export your data without resubscribing (with a notice period for the new subscription!).
I tried QuickBooks just briefly and didn't adopt it because I felt like the interface is hiding important details and doing things in the background that I want to be explicit and possibly done differently IIRC it wouldn't let me create an invoice without GBP conversion which isn't required for non-VAT invoices. This led me to creating my own invoice editor that I'm happy with.
FreeAgent has everything I need - bank feeds, streamlines the whole end of year process submitting everything to HMRC. It doesn't implant a vendor lock-in abstraction layer between the user and the accounts. Xero and QuickBooks feel like they are designed to be used exclusively by full-time accountants who specialize in their software package, whereas FreeAgent can be used by a founder educated in accounting who prefers to do the accounting on their own.