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.
Pricing
Starter: $2.90/month (usually $29)
Standard: $4.60 (usually $46)
Premium: $6.90 (usually $69)
Screenshots and Video
Company Facts
Product Details
Product Details
Xero Categories and Features
Trust Accounting Software
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.
Trucking Accounting Software
Optimize your efficiency with Xero’s user-friendly online accounting platform. Manage your financial tasks at your convenience, perfectly suited for your trucking enterprise.
School Accounting Software
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.
Sales Tax Software
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.
Restaurant Accounting Software
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.
Recurring Billing Software
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!
Reconciliation Software
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.
Receipt Scanner Software
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.
Real Estate Accounting Software
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.
Project Accounting Software
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.
Payroll Software
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.
Mileage Tracking Software
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.
Medical Accounting Software
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.
Lease Accounting Software
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.
Law Firm Accounting Software
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.
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.
Fund Accounting Software
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.
Financial Close Software
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.
Farm Accounting Software
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.
Distribution Accounting Software
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.
Construction Accounting Software
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.
Church Accounting Software
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.
Bookkeeping Software
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.
Billing and Invoicing Software
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.
Auto Dealer Accounting Software
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.
Accounts Receivable Software
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.
Accounts Payable Software
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.
Accounting Software
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.
More Xero Categories
eCommerce Accounting
Xero's bookkeeping and accounting software tailored for ecommerce empowers you to take charge of your online venture. Streamline the management of your ecommerce operations with a cloud-based accounting solution that seamlessly integrates with your ecommerce platform.
International Accounting
Xero’s capabilities for handling multiple currencies simplify the process of managing global transactions. It provides instantaneous currency conversions and regularly updated exchange rates, allowing businesses to invoice, make payments, and oversee transactions in more than 160 different currencies. Additionally, the platform delivers valuable reporting tools in both domestic and international currencies, enabling businesses to effectively track cash flow and adhere to global accounting regulations with ease.
AI Accounting
Xero's cloud-enabled accounting platform simplifies the integration of AI functionalities such as Xero Analytics, bank reconciliation, accounts payable, and additional features, allowing you to effectively harness the potential of AI for your clients.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Covers all the bases!
Date: Jan 24 2022SummaryGood solution to my small business needs! I especially appreciate the ease of creating and sending invoices.
PositiveLoving the all-in-one solution for my small business accounting. Easy to use, great for tracking financials and for sending invoices.
NegativeI need to get caught up in categorizing expenditures, but that’s on me.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great online platform
Date: Apr 19 2022SummaryLove 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.
PositiveXero 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.
NegativeWe 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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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
High Quality Simple Accounting
Date: Feb 28 2022SummaryOverall this software is great! Even though there is a missing software integration, in total the software is great!
PositiveThis software is very easy to use, even for a non-accountant and my clients who utilize it enjoy that fact!
NegativeThis software is missing integrations with some important software, especially Melio Payments.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great business accounting software
Date: Dec 16 2022SummaryWaaaaaay better than MYOB or Reckon. Overall, easy to use, reports make sense and reconciliation is a breeze.
PositiveClean layout, easy to navigate, credit card payments of invoices register immediately so it's easy to see when something is paid.
NegativeCan'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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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Good enough if you understand the limitations
Date: Jul 12 2022SummaryOverall 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.
PositiveData 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.
NegativeThe 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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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Xero is indispensable in the creation of invoices
Date: Mar 29 2021SummaryBy 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.
PositiveWith 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.
NegativeXero 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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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Easy for someone just starting accounting
Date: Oct 15 2021SummaryAs 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.Positive6 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.NegativeXero 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 -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Xero: Ideal for freelancers and micro-enterprises
Date: Mar 24 2021SummaryXero 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.
PositiveXero 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.
NegativeI 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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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great Quickbooks Alternative
Date: Nov 12 2021SummaryOverall 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.
PositiveIntegrations 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.
NegativeSo 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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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Makes my life as a small business owner much easier!!!
Date: Aug 17 2021SummaryI 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.
PositiveEasily import transactions.
Easy and fast bank reconciliation for credit card purchases and bank transactions.
Easy to create POs and copy to bill.NegativePayroll ability for my state is not possible without third party.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Easy to use software
Date: Oct 19 2021SummaryOverall Xero is a great product for small businesses. I would recommend this for bookkeepers of all skill levels.
PositiveSimple to use software perfect for small businesses.
Easy to add and delete users.
Good set of standard reporting for management purposes.NegativeNot suitable for complex businesses or complex transactions.
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Difficult to produce non-standard reporting. -
Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Xero is a powerful accounting service
Date: Apr 01 2021SummaryTo 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.
PositiveThrough 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.
NegativeXero 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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