Choosing accounting software is no longer a minor admin decision. The latest UK government research, published in October 2026, found that 82% of SME employers using technology to manage their business use accountancy software, rising to 95% among medium-sized businesses. But as businesses grow, simply having accounting software isn't enough. The platform also needs to keep up with increasingly complex financial requirements. So, if you're deciding between Xero or QuickBooks, which platform is better equipped to meet those needs?