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BooksTime vs Lexware Office Comparison

Compare BooksTime vs Lexware Office features, pricing, and more.

Last updated: November 2026

BooksTime logo

BooksTime

5.9/10

Outsourced bookkeeping service that gives small businesses and nonprofits a dedicated bookkeeper who works in QuickBooks, Xero, or other accounting software.

Lexware Office logo

Lexware Office

6.7/10

Winner

A German cloud tool for bookkeeping, invoicing, receipt capture, VAT filing and optional payroll, made for freelancers and small businesses.

Feature-by-Feature Comparison

Feature
BooksTime logo
BooksTime
Lexware Office logo
Lexware Office
Scores
Overall Rating5.9/106.7/10
Scalability6/104/10
Analytics6/104/10
Compliance5/108/10
Integration7/107/10
Security4/107/10
Support7/106/10
Cost5/108/10
Customization7/104/10
Ease of Use7/108/10
Pricing
Free planNoNo
Cheapest paid plan$320/mo
Essentials
€8/mo
S
Estimated cost for 10 users$320/mo
Essentials
€8/mo
S
Features
Inventory Accounting
Multi-currency
Multi-entity Consolidation
Accountant Access
Bank Reconciliation
Financial Reporting
General Ledger
Invoicing
Payroll
Tax Compliance
Accounts PayableNot listed
Budgeting and ForecastingNot listed
Expense ManagementNot listed
Online PaymentsNot listed

BooksTime vs Lexware Office cost by team size

Team sizeBooksTimeLexware Office
1 user$320/moEssentials€8/moS
5 users$320/moEssentials€8/moS
10 users$320/moEssentials€8/moS
25 users$320/moEssentials€8/moS
50 users$320/moEssentials€8/moS

The plan that fits each team size, billed monthly, before add-ons and usage charges. Each cost opens that tool's pricing calculator for the team size.

Which One Should You Choose?

BooksTime logo
Why choose BooksTime

  • Higher Customization score (7/10 vs 4/10)
  • Higher Scalability score (6/10 vs 4/10)
  • Includes Inventory Accounting, which Lexware Office lacks
  • Includes Multi-currency, which Lexware Office lacks
  • Includes Multi-entity Consolidation, which Lexware Office lacks

Lexware Office logo
Why choose Lexware Office

  • Higher Compliance score (8/10 vs 5/10)
  • Higher Security score (7/10 vs 4/10)

Pros & Cons

BooksTime logo
BooksTime

Pros

  • Bookkeepers work in the client's existing software, and BooksTime says it supports more than 25 options including QuickBooks and Xero, so clients are not locked in.
  • Essentials pricing is public, and it does not cap transactions or connected accounts.
  • Monthly contracts can be cancelled at any time with no cancellation fees.
  • It offers nonprofit-specific services such as Form 990 preparation and restricted fund tracking.
  • All nine Trustpilot reviews give 5 stars and praise its accuracy and on-time work, including for books with several entities.

Cons

  • It is not a CPA firm, so tax returns are handed to referred CPAs and quoted separately.
  • There is no public security or compliance documentation.
  • Essentials pricing rises with monthly expenses, and the Complete plan has no public price.
  • It has few independent reviews; Trustpilot shows only 9.
  • The pricing page does not say which services come with Essentials and which need Complete.

Lexware Office logo
Lexware Office

Pros

  • Users on OMR Reviews and testers on Experte.de describe receipt scanning and bank matching as fast and easy to set up.
  • Creates ZUGFeRD and XRechnung e-invoices and files VAT returns directly to ELSTER.
  • Every plan can be cancelled monthly, and users are unlimited according to Für-Gründer.
  • Tax advisor access and DATEV export make it easy to hand the books to an accountant.
  • An optional payroll add-on handles social security and tax filings for up to 50 employees.

Cons

  • Invoices can only be issued in euros.
  • Cannot manage several companies, and has no approval workflow and no cost-centre reporting.
  • Bookkeeping and VAT returns need the L plan, and recurring features need higher tiers.
  • Users report bank connections that drop and support that is hard to reach by phone.
  • There is no postal invoice sending and no built-in time tracking.

Not sold on either?

Frequently Asked Questions

Lexware Office scores higher on our Finance Software criteria: 6.7/10 against 5.9/10 for BooksTime. The largest gap is in Compliance: 5/10 for BooksTime and 8/10 for Lexware Office.

No, neither BooksTime nor Lexware Office lists a free plan.

BooksTime has Inventory Accounting, Multi-currency and Multi-entity Consolidation, which Lexware Office lacks.

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