Coming from QuickBooks or Xero?
What carries over, and what doesn’t.
| What it does | Rastrata | QuickBooks | Xero |
|---|---|---|---|
| Carries over | |||
| Bank reconciliation | Yes | Yes | Yes |
| Bank rules | Yes | Yes | Yes |
| Profit and loss, balance sheet, cash flow | Yes | Yes | Yes |
| Cash and accrual reports | Partly: One basis per book | Yes | Yes |
| Lock a closed period | Yes | Yes | Yes |
| Accountant access | Yes | Yes | Yes |
| 1099 vendor totals | Yes | Yes | Yes |
| Not in Rastrata | |||
| Invoicing | No | Yes | Yes |
| Bills and bill pay | No | Yes | Yes |
| Payroll | No | Add-on | Add-on: Through Gusto |
| Automatic bank feeds | No: Statement files only | Yes | Yes |
| 1099 e-filing | No | Yes: Fees may apply | Add-on: Partner app |
| Foreign currencies | No: One currency per book | Yes | Yes |
| Inventory | No | Yes | Yes |
| Projects and time tracking | No | Yes | Yes |
| Budgets | No | Yes | Yes |
| Mobile app | No | Yes | Yes |
| App marketplace | No: Command line and API | Yes | Yes |
| Built differently | |||
| History can't be rewritten | Yes: Corrections are new entries | No: Edits allowed | No: Edits allowed |