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What is Xero?

Enjoy a remarkable 90% discount for a duration of six months on Xero's acclaimed accounting and online bookkeeping platform. Known for its elegant simplicity, Xero provides a diverse array of features that enable businesses to handle their financials with ease, including invoicing, inventory oversight, bank integrations, payroll management, detailed reporting, and app connectivity for a unified experience. Whether a small startup or a large enterprise, Xero has tailored plans that accommodate businesses of any scale, ensuring ample opportunities for expansion. With a robust ecosystem of interconnected applications and links to financial institutions, Xero empowers small businesses to access numerous tools within its versatile platform, promoting efficient operation and financial management. Additionally, for accounting and bookkeeping firms, Xero delivers robust compliance functionalities, innovative practice management solutions, and a centralized cloud-based accounting ledger that provides a comprehensive view of all clients in one accessible location. Xero enhances efficiency by automating data entry through direct integration with banks, invoicing software, point-of-sale systems, and other sources. This secure connection to business bank accounts eliminates the need for manual data entry, and the intelligent bank reconciliation feature adapts to user preferences, further optimizing the reconciliation process while saving time. Ultimately, Xero provides a seamless experience that is both user-friendly and highly effective for financial management.

What is ReInvestWealth?

ReInvestWealth is an efficient accounting solution tailored for small business owners throughout Canada. By utilizing cutting-edge accounting tools, you can effortlessly manage your financial affairs with greater control. This platform streamlines complex accounting responsibilities and delivers personalized insights that are designed to improve your business performance. Access to a CPA is readily available, and you can easily schedule a call for expert accounting support whenever you need it. Choosing the Premium plan not only grants you professional bookkeeping services but also combines advanced technology with the knowledge of qualified CPAs. If you need Financial Statements or a Compilation Report, simply click to request your documents with ease. Employees will receive their pay slips and tax forms directly via email, while you enjoy a clear summary report of your financial status. Say goodbye to the complexities of monthly filings since our service offers unlimited bank connections and transactions without needing a payment method. Connecting your business bank accounts is a breeze as you can automatically import transactions, which significantly streamlines your bookkeeping process. Furthermore, linking all of your business accounts comes at no cost, making financial management simpler than ever. With ReInvestWealth, you can devote more time to expanding your business rather than being bogged down by accounting duties, thus ensuring a more productive and focused approach to your enterprise.

Media

Media

Integrations Supported

ADP Succession Management
AlarmMaster Pro
BarTab
Carta
Cledara
ConX
Cryptoworth
Deputy
Dubb
Emersion
GigBridge
ITQuoter
Intervals
Knead
Local Line
OnPlan
Pin Payments
Progress DataDirect
Solve CRM
UniPhi

Integrations Supported

ADP Succession Management
AlarmMaster Pro
BarTab
Carta
Cledara
ConX
Cryptoworth
Deputy
Dubb
Emersion
GigBridge
ITQuoter
Intervals
Knead
Local Line
OnPlan
Pin Payments
Progress DataDirect
Solve CRM
UniPhi

API Availability

Has API

API Availability

Has API

Pricing Information

$2.90/month
Free Trial Offered?
Free Version

Pricing Information

$199 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Xero

Date Founded

2006

Company Location

New Zealand

Company Website

xero.com

Company Facts

Organization Name

ReInvestWealth

Date Founded

2017

Company Location

Canada

Company Website

www.reinvestwealth.com

Categories and Features

Accounting

Xero is an advanced cloud-based accounting solution designed specifically for small enterprises. With Xero, users can effectively oversee their cash flow, monitor expenditures, process online payments, and access a variety of other features, all seamlessly integrated within the platform.

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Accounts Payable

Xero's expense management solution streamlines the accounts payable workflow by eliminating the hassle of extensive paperwork and allowing you to complete tasks with just a few clicks. Effortlessly reimburse expenses, monitor expenditures, and oversee your financial activities from any location with Xero's robust Cloud-based technology.

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Accounts Receivable

Xero’s invoicing solution streamlines the billing process, allowing you to generate, dispatch, and monitor invoices with ease. This lets you minimize administrative tasks and focus more on your passions. Whether you choose the desktop version or the mobile app, you'll benefit from features like automated reminders, personalized templates, and various digital payment methods.

ACH Payment Processing
Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

Auto Dealer Accounting

Optimize your workflow with Xero’s user-friendly accounting platform. Manage your financial tasks at your convenience, tailored specifically for your auto dealership. With its cloud-based system, Xero enables you to track expenses, establish bank connections, and work alongside your accountant, bookkeeper, or team members—all through an online interface.

Buy-Here-Pay-Here
Collections Management
Expense Management
Financing Management
Inventory Management
Lease-Here-Pay-Here
Parts Management
Payroll Management
Recurring Billing
Sales Management
Sales Tax Management
Service Department

Billing and Invoicing

Xero's invoicing solution simplifies the billing process, ensuring a seamless and polished experience for your clients via both the desktop and mobile invoice applications. Key functionalities encompass customized invoices, electronic payment methods, automated notifications, and additional features to enhance efficiency.

Billing Portal
Contact Database
Contingency Billing
Customer Portal
Customizable Invoices
Dunning Management
Hourly Billing
Invoice History
Mobile Payments
Multi-Currency
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing
Service Ticket Billing
Tax Calculator

Bookkeeping

Xero is a cloud-based accounting solution tailored specifically for bookkeepers. This platform allows you to streamline administrative and compliance duties, freeing up valuable time to focus on client support, promoting your bookkeeping business, and expanding your operations. Moreover, Xero’s practice management tools and data collaborate effortlessly, providing a cohesive solution for managing your accounting practice effectively.

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
Collections
Expense Tracking
Fixed Asset Management
General Ledger
Payroll
Revenue Recognition
Spend Management
Tax Management

Church Accounting

Optimize your efficiency with Xero's user-friendly accounting platform. Manage your financial tasks at your convenience and according to your church's schedule. With its cloud-based design, Xero enables you to submit expenses, establish bank connections, and work alongside your accountant, bookkeeper, or team members — all in a seamless online environment.

Accounts Payable
Accounts Receivable
Asset Management
Bank Reconciliation
Budgeting & Forecasting
Donation Management
Fund Accounting
General Ledger
Payroll Management

Construction Accounting

With Xero's specialized accounting software for the construction industry, you can effortlessly send quotes, generate invoices, monitor expenses, and oversee projects directly from your mobile device. Simplify your daily tasks with this builder-friendly accounting solution.

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Cash Management
Construction Breakdowns
General Ledger
Job Costing
Overrun Projections
Payroll Management
Purchase Order Management
Quotes / Estimates

Distribution Accounting

Xero offers cloud-based accounting solutions designed to assist wholesale distributors in optimizing their financial operations and achieving instant access to their financial status. Featuring a user-friendly interface and a range of tailored functionalities for the industry, Xero reduces the burden of cumbersome paperwork and manual data entry, allowing distributors to concentrate on their primary business activities.

Farm Accounting

Effortlessly handle your farm's financial planning and budgeting with Xero's specialized accounting software designed for agriculture. Stay updated with real-time access to your financial data, allowing you to oversee your farming activities from any location.

Financial Close

Xero transforms the year-end financial closing process, turning what can be a laborious task into a swift and straightforward experience. It allows for automated reconciliations, report generation, and workflow optimization, all while maintaining accuracy and adherence to regulations. With Xero's up-to-the-minute data and effortless integration capabilities, you can confidently and efficiently finalize your financial records.

Fund Accounting

Xero's online fund accounting platform ensures that all transactions are accurately documented and assigned to the appropriate fund. Our intuitive software streamlines the processes of budgeting, forecasting, and financial analysis, enabling you to effectively manage your financial resources while providing essential insights into your organization's economic health.

Accounts Payable
Accounts Receivable
Activity Tracking
Asset Management
Bank Reconciliation
Budgeting & Forecasting
Compliance Management
Donor Management
General Ledger
Partnership Accounting
Purchasing & Receiving

Invoice Generators

Reduce administrative workload and expedite your payments with Xero’s cloud-enabled invoicing solution. Generate, dispatch, and monitor your invoices effortlessly using the Xero desktop or mobile app. Tailor your invoices to your needs and efficiently handle online transactions with features like automated reminders, personalized templates, and options for online payments.

Law Firm Accounting

Xero’s accounting solution is designed to make financial management effortless for legal practices. With its user-friendly interface, you can quickly generate invoices, monitor expenditures, and handle bills all in one convenient location. By using Xero, you can optimize your cash flow, enhance client payment processes, and retrieve financial information anytime, anywhere, allowing you to dedicate more time to your legal work.

Lease Accounting

Xero offers a comprehensive cloud-based accounting solution that simplifies the management of rental properties. Monitor your financial activities in real time, encompassing rent transactions, expenditures, and deposits, all conveniently centralized. Enhance your rent collection process and simplify payment handling with GoCardless, while efficiently overseeing tenant information and correspondence. Thanks to Xero's user-friendly features and online platform, you gain complete oversight of your lease accounting, streamlining your daily operations and improving organization.

Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management

Medical Accounting

Xero's online accounting platform enhances the financial oversight for your hospital, offering features like automated invoicing and straightforward compliance monitoring. Its user-friendly tools and effortless app connections enable your team to operate more efficiently and effectively.

Mileage Tracking

Xero offers a convenient mileage tracking functionality that simplifies the handling of travel-related expenses for businesses. By using the Xero Me application, users can effortlessly monitor their mileage, record trips, and file expense claims while on the move. The app takes care of calculating distances, removing the need for manual entries and ensuring precise documentation. Whether you're overseeing your personal expenses or processing reimbursements for staff, Xero enhances efficiency, allowing you to conserve time and maintain order.

Business / Personal Travel
Cost Analysis
Employee Reimbursement
Expense Reports
GPS Tracking
Manager Workflow
Mileage Logging
Reporting

Payroll

Xero's payroll solution, enhanced by its integration with Gusto, simplifies the payroll process for small enterprises. It automatically computes tax obligations, manages payroll tax submissions, and facilitates employee payments, all while ensuring adherence to federal, state, and local laws. Xero seamlessly connects to your financial accounts, allowing for real-time synchronization of payroll information, which aids in precise accounting. With functionalities such as next-day direct deposits and automated tax filings, Xero optimizes payroll management, helping you save valuable time and minimizing administrative overhead.

401(k) Tracking
Attendance Management
Benefits Management
Check Printing
Compensation Management
Deductions Management
Direct Deposit
Multi-Country
Multi-State
Reporting/Analytics
Self Service Portal
Tax Compliance
Vacation / Leave Tracking
W-2 and 1099 Preparation
Wage Garnishment

Project Accounting

Xero's tools for project accounting simplify and streamline the management of your projects. Effortlessly monitor time, expenses, and progress to keep everything on track and within budget. With features like automated tracking, job costing, and invoicing, you can handle numerous projects without hassle. Gain real-time visibility into your project's profitability and costs, enabling you to make well-informed choices and maintain smooth operations from beginning to end.

Real Estate Accounting

Xero's online accounting solution enhances property management by making financial tracking easy and efficient. It allows you to oversee your finances, keep track of expenses, and access client information all from a single platform. Thanks to its cloud infrastructure and smooth app integrations, Xero optimizes processes such as invoicing, payroll, and client relations, leading to a more organized and effective real estate business.

Accounts Payable
Accounts Receivable
Bank Reconciliation
Commission Management
Contract Management
General Ledger
Mobile Access
Payroll
Property Development Management
Reporting / Analytics
Work Order Management

Receipt Scanner

Xero is a robust web-based accounting solution. With the Xero Me App, you can easily take a picture, scan your receipts, and automatically populate your expense reports with essential information.

Reconciliation

Xero simplifies the bank reconciliation process, making it both efficient and straightforward. It automatically aligns your bank transactions with your accounting records, minimizing the need for manual input and enhancing precision. Thanks to Xero, you can reconcile your accounts instantly, which not only saves you time but also helps prevent mistakes. The smooth connection with your bank feeds ensures that your financial information remains current and precise, allowing you to concentrate on managing your business with assurance.

Recurring Billing

Xero is an online accounting platform designed to streamline the process of recurring billing. Its feature for automated billing lets you effortlessly handle regular payments for things like subscriptions, rent, utilities, and other ongoing expenses. Additionally, Xero provides the flexibility to set up custom billing schedules and works smoothly with your existing financial information. Simplifying your bookkeeping has never been more straightforward!

Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

Restaurant Accounting

Enhance your efficiency with Xero's user-friendly cloud-based accounting solution designed specifically for the restaurant industry. This software enables you to manage expenses, establish bank feeds, and work seamlessly with your accountant or bookkeeper, all from the convenience of an online platform.

Sales Tax

Xero is a comprehensive cloud-based accounting solution that facilitates the management and calculation of sales tax. With the ability to automatically compute sales tax on transactions and create an unlimited number of custom sales tax rates, you can easily generate reports to assist in preparing your sales tax returns.

Address Validation
Audit Trail
Consumer Use Tax
Exemption Management
Tax Calculator
Tax Filing
Taxability Verification
Transaction Tracking
Value Added Tax (VAT)

School Accounting

Optimize your efficiency with Xero's user-friendly accounting platform. Manage your financial tasks at your convenience, tailored to suit your school's schedule. With its cloud-based infrastructure, Xero enables you to submit expenses, establish bank connections, and work collaboratively with your accountant, bookkeeper, or staff — all from an online environment.

Accounts Payable
Attendance Management
Billing & Invoicing
Budgeting & Forecasting
Class Loading
Fixed Asset Management
For Private Schools
Fund Accounting
General Ledger
K-12
Payroll Management
Purchasing

Trucking Accounting

Optimize your efficiency with Xero’s user-friendly online accounting platform. Manage your financial tasks at your convenience, perfectly suited for your trucking enterprise.

Trust Accounting

Xero streamlines the process of managing trusts with ease and effectiveness. Utilizing its cloud-based accounting platform, you can effortlessly manage trust finances, monitor distributions, and generate precise reports. It aids in adhering to tax compliance requirements while offering a transparent view of trust funds. With its intuitive features and smooth integration with your financial information, Xero simplifies trust management, allowing you to save time and minimize complications.

Accrual Accounting
Activity Tracking
Asset Gain & Loss Reporting
Check Writing
Compliance Management
Cross Ledger Posting
Customer Statements
Fee Calculation & Posting
Receipt Management
Tax Management

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Cryptocurrency Support
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Government
Multi-Currency
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

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