Lexware vs QuickBooks
Last updated October 2026
Looking for a European alternative to QuickBooks? Here's how Lexware compares, on EU hosting, GDPR and what it does.
Our pick for a European buyer: Lexware. We weight data residency, GDPR and EU jurisdiction above everything else — that is the constraint this directory exists to solve.
What it is
German accounting and invoicing with DATEV integration
Cloud accounting software for small businesses and self-employed professionals.
Headquarters
🇩🇪 DE
🇺🇸 US · 1983
EU data residency
Yes, for all customers
Available on some plansEU data residency available on request for QuickBooks Online.
DSGVO / GDPR
Yes
Yes
Certifications
No
ISO 27001, PCI DSS
Price from
€7.90/mo
$30/mo
Free plan
No
No
Open Source
No
No
Integrations
Super, HubSpot, Integrately, Pipey
Shopify, PayPal, Square, Gusto, Stripe +2
Where each one wins
Lexware
QuickBooks
Strengths
- +User-friendly interface for non-accountants
- +Strong invoicing and expense tracking
- +Seamless bank reconciliation
- +Extensive app integrations
Limitations
- −Limited advanced accounting features
- −Occasional sync issues with banks
- −Higher cost for additional users
- −Steep learning curve for payroll
Data residency & compliance
Lexware
QuickBooks
EU data residency
Yes, for all customers
Available on some plansEU data residency available on request for QuickBooks Online.
Transfer mechanism
Not required — data stays in the EU
Standard Contractual Clauses
Certifications
No
ISO 27001, PCI DSS
Pricing
Lexware
- Starter €7.90/month per monthBasic invoicing · Expense tracking · Limited integrations
Pricing may vary based on features and user count. Free trial available.
QuickBooks
- Simple Start $30 per monthTrack income and expenses · Invoicing · Basic reporting
- Essentials $55 per monthManage bills and payments · Time tracking · Multi-user access
- Plus $85 per monthTrack inventory · Project profitability · Advanced reporting
- Advanced $200 per monthCustom user permissions · Dedicated account team · Batch invoicing
Pricing varies by region and plan. Discounts may apply for annual billing.
Features
Lexware
- Invoicing & Billing
- Automated invoice creation, Customizable invoice templates, Recurring invoices, Multi-currency support
- Expense Management
- Receipt scanning with OCR, Automated category suggestion, Expense tracking, Digital receipt storage
- Accounting & Reporting
- Double-entry accounting, Financial reports, Balance sheets, Profit & loss statements
- Integrations & Automation
- API access for custom integrations, Automated workflows, Third-party app connections
QuickBooks
- Accounting & Invoicing
- Track income and expenses, Create and send custom invoices, Manage bills and payments, Generate financial reports
- Tax & Compliance
- Calculate and file taxes, Track VAT/GST, Compliance with local regulations
- Payroll & Time Tracking
- Run payroll, Track employee time, Manage benefits
- Integrations & Add-ons
- Connect with 750+ apps, Sync with banks, Customize with add-ons
- Reporting & Analytics
- Customizable reports, Cash flow tracking, Profit and loss statements