Xero Description
Save 90% for 6 months on Xero's award-winning accounting and online bookkeeping platform. Beautifully simple, Xero offers a wide range of features that help businesses manage their numbers effortlessly, including invoicing, inventory management, bank connections, payroll, reporting, and app integrations for a seamless user experience. Xero offers plans for businesses of any size, with room to grow.
Xero provides a comprehensive ecosystem of integrated apps and connections to banks and financial institutions, allowing small businesses to access a variety of solutions within its open platform to efficiently manage their operations and finances. For accounting and bookkeeping practices, Xero offers powerful compliance tools, intelligent practice management software, and a centralized cloud-based accounting ledger for all clients, accessible in one place.
Xero automates data entry by pulling sales and expense records directly from banks, invoicing apps, point-of-sale systems, and more. It securely connects to business bank accounts, eliminating manual data input, while smart bank reconciliation learns user preferences to streamline the process.
Pricing
Early: $20/month
Growing: $47/month
Established: $80/month
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Product Details
Xero Features and Options
Accounting Software
Xero is a robust cloud-based accounting solution designed specifically for small enterprises. With Xero, users can efficiently handle their cash flow, monitor expenditures, process online payments, and access a wide range of additional features—all within the Xero platform.
Billing and Invoicing Software
Xero's invoicing platform simplifies the billing process, providing your clients with a seamless and polished experience via both its desktop and mobile applications. Key features encompass customizable invoices, options for digital payments, automated reminders, and additional functionalities to enhance your invoicing experience.
Bookkeeping Software
Xero is an online accounting solution designed specifically for bookkeepers. This platform allows you to streamline your administrative and compliance responsibilities, giving you more opportunity to focus on client support, promote your bookkeeping services, and expand your business. Furthermore, Xero integrates its practice management tools and data effectively, providing a cohesive solution for managing your accounting practice.
Lease Accounting Software
Xero offers a comprehensive cloud-based accounting solution that simplifies the management of rental properties. You can effortlessly monitor your property finances in real-time, encompassing rent collections, expenses, and deposits, all consolidated in a single platform. Automate the rent collection process and enhance payment efficiency with GoCardless, while efficiently handling tenant records and communications. Thanks to Xero's user-friendly tools and online framework, you'll enjoy complete oversight of your lease accounting, leading to smoother and more organized daily operations.
Trust Accounting Software
Xero streamlines the management of trusts, making the process both straightforward and effective. Utilizing Xero's cloud-based accounting platform, you can efficiently manage trust accounts, monitor distributions, and generate precise reports. This software aids in adhering to tax regulations and offers a comprehensive view of trust financials. With its intuitive features and smooth integration with your financial information, Xero simplifies trust management, allowing you to save time and minimize complications.
Real Estate Accounting Software
Xero offers a cloud-driven accounting solution that enhances the management of properties. It allows you to monitor financial activities, handle expenditures, and access client information conveniently in a single platform. Thanks to its cloud technology and smooth app integrations, Xero optimizes invoicing, payroll, and client relations, resulting in a more streamlined and orderly approach to your real estate business.
Fund Accounting Software
Xero’s online fund accounting platform ensures accurate recording and allocation of transactions to their respective funds. Our user-friendly software streamlines budgeting, forecasting, and financial analysis, enhancing the management of financial resources and providing critical insights into your organization’s financial health.
Construction Accounting Software
Utilize Xero's construction accounting platform to effortlessly send estimates, generate invoices, monitor expenses, and oversee projects directly from the mobile application. Simplify your daily tasks with this tailored accounting solution designed specifically for construction professionals.
Recurring Billing Software
Xero is an online accounting platform that streamlines the process of recurring billing. Its feature for setting up repeating invoices enables users to effortlessly handle regular payments for subscriptions, rental fees, utilities, and other ongoing expenses. Additionally, Xero offers the flexibility to design custom billing schedules and integrates smoothly with your existing financial information. Simplifying your accounting tasks has never been more straightforward!
Church Accounting Software
Optimize your efforts with Xero's user-friendly accounting platform. Manage your financial tasks at your convenience, tailored to the needs of your church. With Xero's cloud-enabled system, you can easily track expenses, establish bank connections, and collaborate with your accountant, bookkeeper, or team members — all from an online interface.
School Accounting Software
Optimize your efficiency with Xero's user-friendly accounting platform. You can manage your financial tasks at your convenience, tailored to your school's schedule. With Xero's cloud-based system, you can easily submit expenses, establish bank feeds, and work together with your accountant, bookkeeper, or team members — all in a seamless online environment.
Mileage Tracking Software
Xero offers a convenient mileage tracking tool that simplifies the process of handling business travel costs. Using the Xero Me application, you can effortlessly monitor your mileage, record trips, and file expense claims while on the move. The app automatically computes distances, removing the need for handwritten logs and ensuring precise documentation. Whether you're overseeing your personal expenses or compensating staff members, Xero enhances the workflow, allowing you to save time and maintain better organization.
Accounts Payable Software
Xero's expense management solution streamlines the accounts payable workflow, eliminating the need for lengthy paperwork and allowing users to complete tasks with just a few clicks. Effortlessly reimburse expenses, monitor expenditures, and oversee costs from any location using Xero's robust Cloud-based platform.
Accounts Receivable Software
Xero’s invoicing solution streamlines the billing process, allowing you to easily generate, dispatch, and monitor invoices. This means you can focus more on your passions instead of administrative tasks. Whether you prefer using the desktop version or the mobile app, you can take advantage of features like automated reminders, personalized templates, and options for digital payments.
Sales Tax Software
Xero is a comprehensive cloud-based accounting solution that enables you to handle and compute sales tax effortlessly. It features automatic sales tax calculations for transactions, supports unlimited custom sales tax rates, and provides reports to assist in preparing your sales tax filings.
Auto Dealer Accounting Software
Maximize efficiency with Xero’s user-friendly accounting platform designed specifically for auto dealers. Manage your financial tasks at your convenience, ensuring it fits seamlessly into your schedule. Thanks to its cloud-based architecture, you can easily submit expense claims, establish bank connections, and work alongside your accountant, bookkeeper, or team members—all in a digital environment.
Payroll Software
Xero's payroll solution, featuring seamless integration with Gusto, offers an effortless payroll experience tailored for small enterprises. It automatically computes tax obligations, submits payroll taxes, and processes employee payments, guaranteeing adherence to federal, state, and local laws. By directly linking to your financial account, Xero keeps payroll information synchronized for precise accounting. With benefits including next-day direct deposits and automated tax submissions, Xero simplifies the payroll process, allowing you to save time and minimize administrative burdens.
Project Accounting Software
Xero offers a comprehensive suite of project accounting features that streamline the management of your projects. Effortlessly monitor time, expenses, and progress to maintain your budget and adhere to timelines. The platform's automated tracking, job costing, and invoicing capabilities allow for smooth oversight of various projects simultaneously. With up-to-the-minute data on project profitability and costs, you can make strategic choices and guarantee that your projects operate efficiently from inception to completion.
Receipt Scanner Software
Xero is a robust cloud-based accounting platform. With the Xero Me App, you can take a picture or scan a receipt, allowing the app to automatically populate your expense claims with the essential information.
Financial Close Software
Xero enhances the financial closing experience by transforming year-end responsibilities into a swift and straightforward process. It allows you to automate reconciliations, produce reports, and optimize your workflow, guaranteeing precision and adherence to regulations. Thanks to Xero's up-to-the-minute data and flawless integration capabilities, you can confidently and efficiently finalize your accounts.
Reconciliation Software
Xero simplifies the bank reconciliation process, allowing you to effortlessly align your financial transactions with your accounting entries. This automation minimizes the need for manual data input, enhancing precision. With Xero, you can perform account reconciliations in real-time, which not only conserves your time but also helps eliminate mistakes. The smooth connection with your bank feeds ensures that your financial information remains current and accurate, empowering you to manage your business with assurance.
Law Firm Accounting Software
Xero's accounting platform is designed to make financial oversight effortless for law practices. Generate invoices, monitor expenses, and handle bills all from a single interface. By utilizing Xero, you can enhance cash flow, expedite client payments, and retrieve financial information wherever you are, allowing you to dedicate more time to your legal work.
Farm Accounting Software
Effortlessly oversee your agricultural budget and financial details using Xero's specialized accounting software for farms. Monitor your financial data in real time and stay informed about your farming activities from any location.
Medical Accounting Software
Xero's online accounting platform simplifies the financial management of your hospital by offering features such as automated invoicing and straightforward compliance monitoring. Its user-friendly tools and smooth app integrations enable your team to increase efficiency and effectiveness in their work.
Trucking Accounting Software
Optimize your efficiency with Xero's user-friendly online accounting platform. Manage your financial tasks at your convenience, allowing your trucking business to thrive without the hassle.
General Ledger Software
Xero is a robust cloud-based accounting solution tailored for small enterprises. The General Ledger report offered by Xero delivers both a comprehensive overview and an in-depth analysis of all income, expenditures, and various transactions for a specified time frame. This functionality enables businesses to effectively trace their financial movements and assess their financial well-being with great accuracy. By detailing each transaction, it promotes precise accounting practices and streamlines the reconciliation process.
Distribution Accounting Software
Xero offers a cloud-driven accounting solution designed to assist wholesale distributors in optimizing their financial operations while providing immediate access to financial insights. Its user-friendly design coupled with tailored features for the industry reduces the burden of paperwork and manual data tasks, allowing distributors to concentrate on their primary business activities.
Invoice Generators
Streamline administrative tasks and accelerate your payment process with Xero's cloud-based invoicing solution. Generate, dispatch, and monitor your invoices effortlessly through Xero's desktop platform or mobile invoicing application. Personalize your invoices and efficiently handle online payments with features like automated reminders, customizable templates, and various online payment methods.
Restaurant Accounting Software
Optimize your efficiency with Xero's user-friendly cloud-based accounting software designed specifically for restaurants. This platform enables you to easily track expenses, establish bank feeds, and work together with your accountant or bookkeeper, all from the convenience of the internet.
Xero Lists
eCommerce Accounting
Xero offers comprehensive bookkeeping and accounting software specifically designed for online businesses, empowering you to take charge of your finances. Streamline the management of your ecommerce venture with a cloud-based accounting tool that seamlessly integrates with your ecommerce platform.
International Accounting
Xero provides robust multi-currency accounting capabilities that simplify the handling of global transactions. Businesses can easily invoice, make payments, and monitor transactions in more than 160 currencies, thanks to real-time currency conversions and automatic exchange rate adjustments. Additionally, Xero delivers comprehensive reporting in both domestic and foreign currencies, enabling organizations to effectively track cash flow and adhere to international accounting regulations with ease.
AI Accounting
Xero's online accounting platform simplifies the integration of AI functionalities such as Xero Analytics, bank reconciliation, accounts payable, and additional features, allowing you to fulfill the potential of AI for your clients.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Great online platform Date: Apr 19 2022
Summary: Love the product. We have no intention of changing anytime soon. My team is happy to use this product from home and get the job done much quicker than our previous accounting programs.
Positive: Xero has a very flexible interface. The pricing is extremely attractive and the ability to use the software online from anywhere is also a major benefit to my organization. The sales reports are fantastic. The ease of sending invoices, integrating with stripe, and other merchant facilities, allowing our clients to make payment with credit card, and so many other great functions.
Negative: We are not super happy with the support in Australia. We feel that an online chat would allow us to solve problems and understand the platform in a much greater way. Also we find the financial reporting to be strange for sorting month to month. They go right to left on months rather than left to right. It can be corrected and changed but this requires about 30 minutes of playing around with the advanced reporting options
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
High Quality Simple Accounting Date: Feb 28 2022
Summary: Overall this software is great! Even though there is a missing software integration, in total the software is great!
Positive: This software is very easy to use, even for a non-accountant and my clients who utilize it enjoy that fact!
Negative: This software is missing integrations with some important software, especially Melio Payments.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Covers all the bases! Date: Jan 24 2022
Summary: Good solution to my small business needs! I especially appreciate the ease of creating and sending invoices.
Positive: Loving the all-in-one solution for my small business accounting. Easy to use, great for tracking financials and for sending invoices.
Negative: I need to get caught up in categorizing expenditures, but that’s on me.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Makes my life as a small business owner much easier!!! Date: Aug 17 2021
Summary: I wanted a cloud based accounting system so I could do my books from anywhere. In 2016, I debated between quickbooks online and Xero. I'm so happy I chose Xero.
Positive: Easily import transactions.
Easy and fast bank reconciliation for credit card purchases and bank transactions.
Easy to create POs and copy to bill.Negative: Payroll ability for my state is not possible without third party.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Xero is indispensable in the creation of invoices Date: Mar 29 2021
Summary: By implementing Xero we have gone further than with any other software for accounting processes, such as managing all of our payroll operations. We love being able to work with CPA firms and ACH payment processing, which ensures that we will continue to implement Xero's services in the future.
Positive: With Xero we have increased our experience in tax administration, and in general our level of work with invoicing, which involves working with invoices in different formats. Xero also allows us to manage our check writing and purchase order processes, so there is total control of our monetary processes.
Negative: Xero does not have administrative tools that allow us to work with warehouse inventories, which makes it a relatively useless service in the sales area. Fortunately, it compensates for this by allowing us to track expenses and billing operations in such detail. It also does not have enough options to duplicate payment alerts.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Xero: Ideal for freelancers and micro-enterprises Date: Mar 24 2021
Summary: Xero is the ideal solution for freelancers or micro-agents. It's easy to use and you don't need a finance degree to reconcile accounts, keep accurate records and generate reports. If you need multiple users with various permissions and roles, the effect can be different. We use Xero as an affordable alternative to QuickBooks across the organization. With little or no accounting experience, its user-friendly interface allows me to effectively and efficiently manage accounts payable and accounts receivable, and generate dynamic reports to track our overall financial performance and identify areas of opportunity.
Positive: Xero presents us with an affordable alternative to Quickbooks, showing us that we will always have other options. Its visual interface is very easy to use and manipulate, which helps us to manage this software to perfection at times. It allows beginners to generate detailed reports and analysis for timely delivery to their superiors. It integrates seamlessly with PayPal and traditional banks, which makes it easy to handle payments and purchases through this software without having to go to any other.
Negative: I would like to see a lot of reports, unless Xero provides you with something similar to customization, you can't create them. Custom reports are limited.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Great business accounting software Date: Dec 16 2022
Summary: Waaaaaay better than MYOB or Reckon. Overall, easy to use, reports make sense and reconciliation is a breeze.
Positive: Clean layout, easy to navigate, credit card payments of invoices register immediately so it's easy to see when something is paid.
Negative: Can't submit part days of leave over a multiple day span which is annoying when employee has eg. 2.5 days of leave.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Great Quickbooks Alternative Date: Nov 12 2021
Summary: Overall our experience with the platform, their integrations and support have been key to us saving tons of manual processing time between our projects and billing.
Positive: Integrations with our other software made switching to Xero a breeze. We have been a long time customer of WorkflowMax for our projects, POs and invoicing and the ability to get this date to our account platform changed our workflow process for the better.
Negative: So far we have been really happy with Xero. Besides the learning factor moving over to a new platform all has gone great.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Easy to use software Date: Oct 19 2021
Summary: Overall Xero is a great product for small businesses. I would recommend this for bookkeepers of all skill levels.
Positive: Simple to use software perfect for small businesses.
Easy to add and delete users.
Good set of standard reporting for management purposes.Negative: Not suitable for complex businesses or complex transactions.
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Difficult to produce non-standard reporting. -
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Easy for someone just starting accounting Date: Oct 15 2021
Summary: As someone with no background in accounting software I think this is possibly one of the best introductions to that world. If you just have a playa round with it for a while you'll soon come to realize how simple it can be as long as you understand basic business terminology.
After being here for 6 months I've also come to realize how many other businesses use Xero.
In terms of their support, I have never had to use it, there was a time when the site crashed and they have a status update page which lets you know exactly what's going on which made it a lot easier to know when it would be back up.Positive: 6 months ago I started my new Kickstart job as an Assistant Accountant with the only knowledge of business being to a bare minimum.
I wasn't able to be given full training on my first day as my director had a meeting.
From 8am - 5pm I learnt almost everything I needed to know from simplifying repeat invoices to the accounts codes for reconciliation.
As my business were transferring from Sage to Xero at the time of me joining, I can say happily I'm glad they chose Xero.Negative: Xero isn't the most eye catching, but compared to other Payroll and Accounting Software, it is a lot better.
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When trying to make the switch to Xero Payroll it was quite a daunting task and eventually we decided to just use it for invoicing and accounting in which it excels at compared to others that I've used or tried -
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Xero is a powerful accounting service Date: Apr 01 2021
Summary: To manage our accounting information it is excellent to be able to count on Xero, which shows many excellent dynamics that make us spend less time creating analysis on our finances in specific time ranges. We recommend Xero to quickly improve the invoicing processes of any business.
Positive: Through Xero we have been able to carry out all our non profit management and employee accounting operations, including all online payment processes that need to be carried out programmatically, or in case of emergencies. Xero has its own calculator, mostly oriented to tax calculations.
Negative: Xero does not provide notifications of changes made to the accounting books, nor does it allow you to work with accounting operations that require specific integrations to other accounting software or document management services that would allow you to better customize your books.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Good enough if you understand the limitations Date: Jul 12 2022
Summary: Overall it isn't bad at all. But you need to go into it with your eyes open. Personally, I find it a little bit easier to use than QuickBooks Online, but I can also understand why other people may feel differently.
Positive: Data entry is generally pretty easy, and account reconciliation is excellent. They have a nice selection of standard reports. And the speed of the program is very good.
Negative: The biggest problem I have with this company is their support. It takes quite a while to get a response, and because the software is international, sometimes you get people who don't understand the issue, and sometimes you find that their solution is generalized for an international market and doesn't work so well in the United States.
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