As you can see, no matter which of these two solutions you choose, you will get almost the same features for almost the same price. Xero is usually the No. 1 choice of sole proprietors and small businesses, and for a good reason. Creating new documents is very easy and you get a stellar inventory with which you can track the quantity and profitability of your stock. Xero also helps you with 1099s, lets you manage your account on your mobile device as well, and it has a 24/7 customer support. It offers all this for a very friendly price. FreshBooks, on the other hand, is also a good choice for easy document creation and management. The user-friendly software has a clever time tracking feature, pitch perfect mobile applications, affordable pricing plans and has an apt customer support team always ready to answer your questions.