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Who Uses Xero?
All small and medium sized businesses and accounting & bookkeeping practices.
What Is Xero?
Award-winning online accounting software designed for small business owners and accountants. Available on any computer or mobile device with an internet connection. Business finances and cashflow are updated in real time. Imports transactions from bank accounts. Unlimited user logins. Integrates with over 1,000 3rd-party business applications. Supports multiple currencies. Data is accessible through a single ledger, allowing accountants and clients to collaborate around finances.
Xero Details
Xero
http://www.xero.com
Founded 1966
Compare Xero with similar products
Starting price
Free Version
Free Trial
Xero deployment and support
Support
- Email/Help Desk
- FAQs/Forum
- Knowledge Base
- 24/7 (Live rep)
- Chat
Deployment
- Cloud, SaaS, Web-based
- Android (Mobile)
- iPhone (Mobile)
- iPad (Mobile)
Training
- In Person
- Live Online
- Webinars
- Documentation
- Videos
Xero Features
Accounting Software
- API
- Access Controls/Permissions
- Accounting
- Accounts Payable
- Accounts Receivable
- Activity Dashboard
- Activity Tracking
- Approval Process Control
- Audit Management
- Audit Trail
- Automatic Billing
- Bank Reconciliation
- Billing & Invoicing
- Budgeting/Forecasting
- CPA Firms
- Compliance Management
- Credit Card Processing
- Document Storage
- Expense Claims
- Expense Tracking
- Financial Management
- Financial Reporting
- Fixed Asset Management
- For Government
- Fund Accounting
- General Ledger
- Income & Balance Sheet
- Inventory Management
- Inventory Tracking
- Invoice Management
- Mobile Access
- Multi-Currency
- Multi-Location
- Nonprofits
- Order Management
- Payroll Management
- Project Accounting
- Project Management
- Projections
- Purchase Order Management
- Purchasing & Receiving
- Quotes/Estimates
- Receipt Management
- Recurring/Subscription Billing
- Reminders
- Sales Tax Management
- Status Tracking
- Tax Management
- Third Party Integrations
- Workflow Management
Accounts Payable Software
- 1099 Preparation
- ACH Payment Processing
- API
- Accounting
- Accounting Integration
- Activity Dashboard
- Aging Tracking
- Alerts/Notifications
- Approval Process Control
- Audit Management
- Audit Trail
- Bank Reconciliation
- Billing & Invoicing
- Cash Flow Management
- Cash Management
- Check Writing
- Compliance Management
- Configurable Workflow
- Customizable Reports
- Data Extraction
- Data Import/Export
- Document Management
- Document Storage
- Duplicate Payment Alert
- ERP
- Electronic Funds Transfer
- Electronic Payments
- Expense Tracking
- Financial Analysis
- Financial Management
- Fraud Detection
- General Ledger
- Inventory Management
- Invoice Management
- Invoice Processing
- Mobile Access
- Multi-Currency
- PO Reconciliation
- Purchase Order Management
- Real Time Data
- Real Time Reporting
- Receipt Management
- Recurring Payments
- Reporting & Statistics
- Reporting/Analytics
- Status Tracking
- Supplier Management
- Third Party Integrations
- Vendor Management
- Workflow Management
Accounts Receivable Software
- ACH Payment Processing
- API
- Account Reconciliation
- Accounting
- Accounting Integration
- Activity Dashboard
- Aging Tracking
- Alerts/Notifications
- Approval Process Control
- Bank Reconciliation
- Billing & Invoicing
- Cash Flow Management
- Cash Management
- Check Processing
- Collections Management
- Contact Database
- Credit Card Processing
- Customer Statements
- Customizable Reports
- Customizable Templates
- Data Import/Export
- Discount Management
- Document Management
- Electronic Payments
- Expense Tracking
- Financial Analysis
- Financial Management
- Forecasting
- General Ledger
- Inventory Management
- Inventory Tracking
- Invoice Management
- Invoice Processing
- Multi-Currency
- Online Payments
- Order Management
- Overpayment Processing
- Partial Payments
- Profit/Loss Statement
- Purchase Order Management
- Real Time Data
- Real Time Reporting
- Receipt Management
- Receivables Ledger
- Recurring/Subscription Billing
- Reminders
- Reporting & Statistics
- Sales Tax Management
- Third Party Integrations
- Workflow Management
Actuarial Software
- API
- Accounting
- Accounting Integration
- Activity Dashboard
- Alerts/Notifications
- Appointment Management
- Approval Process Control
- Approval Workflow
- Audit Trail
- Billing & Invoicing
- Client Management
- Client Portal
- Configurable Workflow
- Credit Card Processing
- Customizable Branding
- Customizable Reports
- Customizable Templates
- Data Import/Export
- Document Management
- Document Storage
- Document Templates
- Due Date Tracking
- Electronic Payments
- Email Management
- Expense Tracking
- Financial Analysis
- Financial Management
- For Accountants
- For CPA Firms
- Invoice Management
- Invoice Processing
- Messaging
- Multi-Currency
- Online Payments
- Progress Tracking
- Project Management
- Project Time Tracking
- Reminders
- Reporting & Statistics
- Reporting/Analytics
- Search/Filter
- Secure Data Storage
- Staff Management
- Status Tracking
- Task Management
- Third Party Integrations
- Time & Expense Tracking
- Time Tracking
- Timer
- Workflow Management
Billing and Invoicing Software
- API
- Accounting
- Accounting Integration
- Activity Dashboard
- Activity Tracking
- Alerts/Notifications
- Billing & Invoicing
- Billing Portal
- Client Portal
- Contact Database
- Contingency Billing
- Credit Card Processing
- Customizable Branding
- Customizable Invoices
- Customizable Reports
- Customizable Templates
- Document Management
- Document Storage
- Dunning Management
- Electronic Payments
- Email Management
- Estimating
- Expense Tracking
- Financial Management
- Hourly Billing
- Invoice Creation
- Invoice History
- Invoice Management
- Invoice Processing
- Mobile Payments
- Multi-Currency
- Online Invoicing
- Online Payments
- Payment Processing
- Project Billing
- Projections
- Purchase Order Management
- Purchasing & Receiving
- Quotes/Estimates
- Real Time Data
- Real Time Reporting
- Recurring/Subscription Billing
- Reminders
- Reporting & Statistics
- Sales Tax Management
- Tax Calculation
- Third Party Integrations
- Time & Expense Tracking
- Timesheet Management
- Workflow Management
Bookkeeping Software
- ACH Payment Processing
- API
- Access Controls/Permissions
- Account Reconciliation
- Accounting
- Accounting Integration
- Accounts Payable
- Accounts Receivable
- Activity Dashboard
- Bank Reconciliation
- Billing & Invoicing
- Bookkeeping Services Integration
- Budgeting/Forecasting
- Cash Flow Management
- Cash Management
- Categorisation/Grouping
- Collections Management
- Credit Card Processing
- Customizable Templates
- Data Import/Export
- Document Storage
- Electronic Payments
- Estimating
- Expense Claims
- Expense Tracking
- Financial Analysis
- Financial Management
- Fixed Asset Management
- General Ledger
- Income & Balance Sheet
- Invoice Management
- Invoice Processing
- Mobile Access
- Multi-Currency
- Payroll Management
- Profit/Loss Statement
- Purchase Order Management
- Real Time Data
- Receipt Management
- Recurring/Subscription Billing
- Reminders
- Reporting & Statistics
- Revenue Recognition
- SSL Security
- Sales Tax Management
- Spend Management
- Tax Management
- Third Party Integrations
- Transaction History
- Vendor Management
Business Budgeting Software
- "What If" Scenarios
- API
- Access Controls/Permissions
- Accounting
- Accounting Integration
- Activity Dashboard
- Ad hoc Reporting
- Asset Lifecycle Management
- Billing & Invoicing
- Budget Control
- Budgeting/Forecasting
- Cash Flow Management
- Cash Management
- Chart of accounts
- Collaboration Tools
- Consolidation/Roll-Up
- Customizable Reports
- Dashboard Creation
- Data Import/Export
- Data Visualization
- Drag & Drop
- Expense Management
- Financial Analysis
- Financial Management
- Forecasting
- General Ledger
- Income & Balance Sheet
- Invoice Management
- Multi-Company
- Multi-Currency
- Multi-Department/Project
- Planning Tools
- Profit/Loss Statement
- Projections
- Purchase Order Management
- Real Time Analytics
- Real Time Data
- Real Time Reporting
- Real-time Updates
- Receipt Management
- Reporting & Statistics
- Reporting/Analytics
- Sales Forecasting
- Scenario Planning
- Self-Service Reporting
- Strategic Planning
- Third Party Integrations
- Version Control
- Visual Analytics
- Workflow Management
Car Dealer Accounting Software
- API
- Accounting
- Accounting Integration
- Activity Dashboard
- Activity Tracking
- Bank Reconciliation
- Buy-Here-Pay-Here
- Cash Flow Management
- Collaboration Tools
- Collections Management
- Communication Management
- Contact Database
- Contact Management
- Customer Database
- Customer History
- Customizable Reports
- Data Import/Export
- Document Management
- Electronic Payments
- Expense Management
- Financial Analysis
- Financial Management
- Financing Management
- General Ledger
- Inventory Management
- Inventory Tracking
- Invoice Management
- Invoice Processing
- Lease-Here-Pay-Here
- Mobile Access
- Multi-Currency
- Multi-Location
- Order Management
- Parts Management
- Payroll Management
- Purchase Order Management
- Purchasing & Receiving
- Quotes/Estimates
- Real Time Data
- Real Time Reporting
- Receipt Management
- Recurring/Subscription Billing
- Reporting & Statistics
- Reporting/Analytics
- Sales Management
- Sales Orders
- Sales Tax Management
- Service Department
- Stock Management
- Third Party Integrations
Church Accounting Software
- ACH Payment Processing
- API
- Accounting
- Accounting Integration
- Accounts Payable
- Accounts Receivable
- Activity Dashboard
- Asset Tracking
- Attendance Management
- Bank Reconciliation
- Billing & Invoicing
- Budgeting/Forecasting
- Cash Flow Management
- Cash Management
- Check Printing
- Compliance Management
- Credit Card Processing
- Customizable Branding
- Customizable Reports
- Customizable Templates
- Data Import/Export
- Donation Management
- Electronic Payments
- Event Management
- Event Scheduling
- Expense Tracking
- Financial Analysis
- Financial Management
- Financial Reporting
- For Religious Organizations
- Fund Accounting
- General Ledger
- Invoice Management
- Invoice Processing
- Membership Management
- Mobile Access
- Multi-Currency
- Payroll Management
- Purchase Order Management
- Real Time Data
- Real Time Reporting
- Receipt Management
- Recurring/Subscription Billing
- Reminders
- Reporting & Statistics
- Sales Tax Management
- Third Party Integrations
- Time & Expense Tracking
- Transaction History
- Volunteer Management
Compliance Software
- API
- Access Controls/Permissions
- Activity Dashboard
- Activity Tracking
- Alerts / Escalation
- Archiving & Retention
- Assessment Management
- Audit Management
- Audit Trail
- Compliance Management
- Compliance Tracking
- Configurable Workflow
- Controls Audit
- Corrective and Preventive Actions (CAPA)
- Customizable Reports
- Customizable Templates
- Data Visualization
- Document Management
- Document Storage
- Environmental Compliance
- FDA Compliance
- Forms Management
- HIPAA Compliant
- ISO Compliance
- Incident Management
- Monitoring
- Multi-Language
- OSHA Compliance
- Policy Management
- Process/Workflow Automation
- Real Time Data
- Real Time Monitoring
- Real Time Notifications
- Real Time Reporting
- Reminders
- Reporting & Statistics
- Risk Alerts
- Risk Analytics
- Risk Assessment
- Risk Management
- Role-Based Permissions
- Sarbanes-Oxley Compliance
- Security Auditing
- Surveys & Feedback
- Task Management
- Template Management
- Third Party Integrations
- Training Management
- Version Control
- Workflow Management
Construction Accounting Software
- API
- Accounting
- Accounting Integration
- Accounts Payable
- Accounts Receivable
- Activity Dashboard
- Activity Tracking
- Audit Trail
- Bid Management
- Billing & Invoicing
- Budget Control
- Budgeting/Forecasting
- Cash Management
- Construction Breakdowns
- Contract/License Management
- Customizable Reports
- Customizable Templates
- Data Import/Export
- Document Management
- Document Storage
- Equipment Tracking
- Estimating
- Financial Analysis
- Financial Management
- Forecasting
- General Ledger
- Inventory Management
- Invoice Management
- Job Costing
- Job Tracking
- Mobile Access
- Multi-Currency
- Multiple Projects
- Overrun Reporting
- Payroll Management
- Project Accounting
- Project Time Tracking
- Project Tracking
- Projections
- Purchase Order Management
- Quotes/Estimates
- Real Time Data
- Real Time Reporting
- Real-time Updates
- Recurring/Subscription Billing
- Reporting & Statistics
- Subcontractor Management
- Third Party Integrations
- Time & Expense Tracking
- Timesheet Management
Expense Report Software
- API
- Account Reconciliation
- Accounting
- Accounting Integration
- Activity Dashboard
- Activity Tracking
- Approval Process Control
- Audit Management
- Audit Trail
- Budgeting/Forecasting
- Categorisation/Grouping
- Compliance Management
- Configurable Workflow
- Corporate Card
- Credit Card Management
- Currency Conversion
- Customizable Fields
- Customizable Reports
- Data Import/Export
- ERP
- Electronic Payments
- Expense Claims
- Expense Tracking
- Financial Analysis
- Fraud Detection
- Invoice Management
- Invoice Processing
- Mileage Tracking
- Mobile Access
- Mobile Receipt Upload
- Multi-Currency
- Policy Management
- Projections
- QuickBooks Integration
- Real Time Analytics
- Real Time Data
- Real Time Notifications
- Real Time Reporting
- Real-time Updates
- Receipt Management
- Reimbursement Management
- Reminders
- Reporting & Statistics
- Single Sign On
- Spend Analysis
- Spend Control
- Third Party Integrations
- Time & Expense Tracking
- Timesheet Management
- Workflow Management
Fund Accounting Software
- API
- Accounting
- Accounts Payable
- Accounts Receivable
- Activity Dashboard
- Activity Tracking
- Ad hoc Reporting
- Asset Lifecycle Management
- Audit Trail
- Bank Reconciliation
- Billing & Invoicing
- Budgeting/Forecasting
- CRM
- Cash Flow Management
- Cash Management
- Charting
- Check Printing
- Collaboration Tools
- Compliance Management
- Customizable Reports
- Customizable Templates
- Donation Tracking
- Donor Management
- Electronic Payments
- Expense Claims
- Expense Tracking
- Financial Analysis
- Financial Management
- Financial Reporting
- Fixed Asset Management
- General Ledger
- Income & Balance Sheet
- Inventory Management
- Inventory Tracking
- Invoice Management
- Invoice Processing
- Mobile Access
- Monitoring
- Multi-Currency
- Partnership Accounting
- Payroll Management
- Purchase Order Management
- Purchasing & Receiving
- Real Time Data
- Real Time Reporting
- Receipt Management
- Recurring/Subscription Billing
- Reporting & Statistics
- Third Party Integrations
- Time & Expense Tracking
Inventory Management Software
- API
- Accounting Integration
- Activity Dashboard
- Alerts/Notifications
- Barcode / Ticket Scanning
- Barcode Recognition
- Billing & Invoicing
- Cost Tracking
- Customer Database
- Customizable Reports
- Data Synchronization
- Forecasting
- Inventory Auditing
- Inventory Control
- Inventory Management
- Inventory Optimization
- Inventory Replenishment
- Inventory Tracking
- Invoice Management
- Kitting
- Manufacturing Inventory Management
- Mobile Access
- Multi-Channel Management
- Multi-Currency
- Multi-Location
- Order Management
- Order Tracking
- Point of Sale (POS)
- Product Identification
- Purchase Order Management
- Purchasing & Receiving
- Real Time Data
- Real Time Reporting
- Real-time Updates
- Reorder Management
- Reporting & Statistics
- Reporting/Analytics
- Retail Inventory Management
- Returns Management
- Sales Orders
- Sales Reports
- Search/Filter
- Shipping Management
- Status Tracking
- Stock Management
- Supplier Management
- Third Party Integrations
- Vendor Managed Inventory
- Warehouse Management
- eCommerce Management
Lease Accounting Software
- API
- Accounting
- Accounting Integration
- Activity Dashboard
- Ad hoc Reporting
- Alerts / Escalation
- Alerts/Notifications
- Amortization Schedule
- Asset Lifecycle Management
- Audit Management
- Audit Trail
- Billing & Invoicing
- Budgeting/Forecasting
- Capitalization Reporting
- Cash Flow Management
- Compliance Management
- Configurable Workflow
- Contact Management
- Contract/License Management
- Critical Date Alerts
- Currency Conversion
- Customizable Fields
- Customizable Reports
- Dashboard Creation
- Data Import/Export
- Document Management
- Document Storage
- Expense Tracking
- Financial Analysis
- Financial Management
- Fixed Asset Management
- For Equipment Leases
- For Real Estate
- Forecasting
- General Ledger
- Invoice Management
- Mobile Access
- Multi-Currency
- Multi-Location
- Payment Tracking
- Portfolio Management
- Purchase Order Management
- Real Time Reporting
- Reminders
- Reporting & Statistics
- Reporting/Analytics
- Search/Filter
- Tax Management
- Third Party Integrations
- Transaction History
Legal Billing Software
- API
- Access Controls/Permissions
- Accounting
- Accounting Integration
- Activity Dashboard
- Activity Tracking
- Automatic Backup
- Automatic Billing
- Bank Reconciliation
- Billable Items Tracking
- Billing & Invoicing
- Billing Rate Management
- Calendar Management
- Case Management
- Client Management
- Client Portal
- Collaboration Tools
- Contact Database
- Contact Management
- Credit Card Processing
- Customer Database
- Customizable Fields
- Customizable Reports
- Customizable Templates
- Document Management
- Document Storage
- Document Templates
- Electronic Payments
- Email Management
- Expense Tracking
- Financial Management
- General Ledger
- Invoice Management
- Invoice Processing
- Project Time Tracking
- Real Time Data
- Reminders
- Reporting & Statistics
- SSL Security
- Search/Filter
- Summary Reports
- Task Management
- Task Progress Tracking
- Task Scheduling
- Third Party Integrations
- Time & Expense Tracking
- Time Tracking
- Timer
- Timesheet Management
- Workflow Management
Payroll Software
- 401(k) Tracking
- API
- Access Controls/Permissions
- Activity Dashboard
- Alerts/Notifications
- Applicant Tracking
- Approval Process Control
- Attendance Management
- Attendance Tracking
- Benefits Management
- Calendar Management
- Check Printing
- Compensation Management
- Compliance Management
- Customizable Reports
- Data Import/Export
- Direct Deposit
- Document Management
- Document Storage
- Employee Database
- Employee Management
- Employee Onboarding
- Employee Portal
- Employee Profiles
- Employee Self Service
- Employee Time Tracking
- Expense Tracking
- Leave Tracking
- Multi-Country
- Multi-State
- Payroll Management
- Payroll Outsourcing
- Payroll Reporting
- Performance Management
- Real Time Reporting
- Recruitment Management
- Reminders
- Reporting & Statistics
- Self Service Portal
- Sick Leave Tracking
- Tax Compliance
- Third Party Integrations
- Time Off Requests
- Time Tracking
- Timesheet Management
- Training Management
- Vacation/Leave Tracking
- W-2 Preparation
- Wage Garnishment
- Workflow Management
Purchasing Software
- API
- Access Controls/Permissions
- Accounting
- Accounting Integration
- Activity Dashboard
- Activity Tracking
- Alerts/Notifications
- Approval Process Control
- Audit Management
- Audit Trail
- Budget Control
- Budgeting/Forecasting
- Cataloging/Categorization
- Compliance Management
- Contract/License Management
- Customizable Reports
- Customizable Templates
- Data Import/Export
- Expense Tracking
- Inventory Management
- Inventory Tracking
- Invoice Management
- Invoice Processing
- Multi-Currency
- Multi-Location
- Order Management
- Order Processing
- Order Tracking
- Procurement Management
- Purchase Order Management
- Purchasing & Receiving
- Purchasing Reports
- Quotes/Estimates
- Real Time Data
- Real Time Reporting
- Receipt Management
- Reporting & Statistics
- Requisition Management
- Search/Filter
- Shipping Management
- Sourcing Management
- Spend Analysis
- Spend Control
- Spend Management
- Supplier Management
- Third Party Integrations
- User Management
- Vendor Management
- Warehouse Management
- Workflow Management
Quoting Software
- API
- Access Controls/Permissions
- Accounting Integration
- Activity Dashboard
- Activity Tracking
- Approval Process Control
- Audit Trail
- Automated Quoting
- Billing & Invoicing
- CRM
- Calendar Management
- Cataloging/Categorization
- Client Portal
- Contact Database
- Contact Management
- Contract/License Management
- Customer History
- Customizable Branding
- Customizable Fields
- Customizable Reports
- Customizable Templates
- Digital Signature
- Discount Management
- Document Management
- Document Storage
- Document Templates
- Drag & Drop
- Electronic Payments
- Electronic Signature
- Email Management
- Estimating
- Inventory Management
- Invoice Management
- Order Management
- Price / Margin Management
- Pricing Management
- Product Catalog
- Product Configurator
- Projections
- Proposal Generation
- Purchase Order Management
- Quotes/Estimates
- Real Time Data
- Real Time Reporting
- Reminders
- Reporting & Statistics
- Task Management
- Template Management
- Third Party Integrations
- Workflow Management
Recurring Billing Software
- ACH Payment Processing
- API
- Accounting Integration
- Activity Dashboard
- Alerts/Notifications
- Bank Reconciliation
- Billing & Invoicing
- Billing Rate Management
- CRM
- Client Portal
- Contact Database
- Credit Card Processing
- Customer Accounts
- Customer Database
- Customizable Branding
- Customizable Fields
- Customizable Reports
- Dashboard
- Data Import/Export
- Deferred Billing
- Discount Management
- Dunning Management
- Electronic Payments
- Email Invitations & Reminders
- Email Templates
- Invoice Management
- Invoice Processing
- Mobile Access
- Multi-Currency
- Multi-Period Recurring Billing
- Multiple Payment Options
- Order Management
- PCI Compliance
- Payment Processing
- QuickBooks Integration
- Real Time Analytics
- Real Time Data
- Real Time Reporting
- Recurring Invoicing
- Recurring/Subscription Billing
- Refund Management
- Reminders
- Reporting & Statistics
- Revenue Management
- Revenue Recognition
- Sales Tax Management
- Self Service Portal
- Subscription Management
- Third Party Integrations
- Transaction History
Reporting Tools
- "What If" Scenarios
- API
- Access Controls/Permissions
- Account Reconciliation
- Accounting
- Accounting Integration
- Activity Dashboard
- Alerts/Notifications
- Approval Process Control
- Audit Management
- Audit Trail
- Bank Reconciliation
- Billing & Invoicing
- Budgeting/Forecasting
- Cash Flow Management
- Cash Management
- Compliance Management
- Consolidation/Roll-Up
- Customizable Reports
- Customizable Templates
- Dashboard Creation
- Data Import/Export
- Data Visualization
- ERP
- Electronic Payments
- Expense Tracking
- Financial Analysis
- Financial Management
- Forecasting
- General Ledger
- Income & Balance Sheet
- Invoice Management
- Invoice Processing
- Monitoring
- Multi-Company
- Multi-Currency
- Planning Tools
- Profit/Loss Statement
- Projections
- Purchase Order Management
- Real Time Analytics
- Real Time Data
- Real Time Reporting
- Receipt Management
- Reporting & Statistics
- Reporting/Analytics
- Scenario Planning
- Third Party Integrations
- Visual Analytics
- Workflow Management
School Accounting Software
- API
- Accounting
- Accounts Payable
- Activity Dashboard
- Assessment Management
- Attendance Management
- Attendance Tracking
- Bank Reconciliation
- Billing & Invoicing
- Budgeting/Forecasting
- Calendar Management
- Cash Flow Management
- Cash Management
- Class Loading
- Class Scheduling
- Communication Management
- Contact Management
- Customizable Reports
- Data Import/Export
- Donor Management
- Electronic Payments
- Employee Management
- Expense Tracking
- Financial Aid Management
- Financial Analysis
- Financial Management
- Fixed Asset Management
- For Private Schools
- For Special Education
- Fund Accounting
- General Ledger
- Grade Management
- Higher Education
- Inventory Management
- Invoice Management
- Invoice Processing
- K-12
- Multi-Currency
- Payroll Management
- Purchase Order Management
- Purchasing & Receiving
- Real Time Data
- Real Time Reporting
- Records Management
- Recurring/Subscription Billing
- Registration Management
- Reminders
- Reporting & Statistics
- Sales Tax Management
- Third Party Integrations
Trust Accounting Software
- API
- Accounting
- Accounting Integration
- Accrual Accounting
- Activity Dashboard
- Activity Tracking
- Asset Accounting
- Automatic Backup
- Bank Reconciliation
- Billable Items Tracking
- Billing & Invoicing
- Billing Rate Management
- Calendar Management
- Case Management
- Check Writing
- Client Portal
- Compliance Management
- Contact Database
- Contact Management
- Credit Card Processing
- Cross Ledger Posting
- Customer Database
- Customer Statements
- Customizable Fields
- Customizable Reports
- Customizable Templates
- Data Import/Export
- Document Management
- Document Storage
- Document Templates
- Electronic Payments
- Email Management
- Expense Tracking
- Fee Calculation & Posting
- General Ledger
- Invoice Management
- Invoice Processing
- Real Time Data
- Real Time Reporting
- Receipt Management
- Reminders
- Reporting & Statistics
- SSL Security
- Secure Data Storage
- Task Management
- Tax Management
- Third Party Integrations
- Time & Expense Tracking
- Two-Factor Authentication
- Workflow Management
Xero Alternatives
More Xero alternatives
Kathryn H.
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Overall Rating
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Ease of Use
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Features & Functionality
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Customer Support
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Value for Money
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Likelihood to Recommend
Alternatives Considered:
- Reviewer Source
- Reviewed on 26/08/2019
"Affordable professional level accounting software for small business"
Comments: It's been easier to use Xero than I expected, but I had a nasty surprise at tax time when I realized the default accounts/descriptions for expenses did not correlate 1:1 to IRS categories. (I should have checked this more closely when I set up my accounts because it's a New Zealand company, and the previous product was local.) This means I will need to double-check all my transactions for 2018 and the IRS has my vastly overestimated tax payment until I can do that and file my return on an extension. I've had a much better experience importing data from financial institutions because Xero uses a well-known importing service that is trusted by the institutions. I like being able to match multiple invoices to bank deposits because I usually don't run to the bank for each check. This will be more valuable as my company grows. I should probably find an accountant to assist me with this, but I haven't found an accountant who understands both craft businesses and Xero.
Pros:
Professional double entry software at a very affordable price
Accommodates both cash and accrual accounting
Links to financial institutions to get transactions
Uses standard importer recognized by the financial institutions instead of just trying to log in remotely (and triggering fraud alerts)
Can match multiple invoices to a single deposit transaction imported from bank
Can keep using Xero as company grows
Cons:
Pre-existing expense categories/descriptions don't map 1:1 with IRS definitions, so I'm having to go back to all my receipts to make sure expenses are entered in proper accounts because I didn't realize this when I switched
More difficult to focus on specific expense categories to check transactions
Have not been able to import historic data from previous app (possibly because it's not double entry) so I am still paying the subscription on that software to retain access to my data
No integration with Craftybase, so I have to enter supply purchases and customer invoices there independently
- Reviewer Source
- Reviewed on 26/08/2019
Andrew C.
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Overall Rating
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Ease of Use
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Features & Functionality
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Customer Support
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Value for Money
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Likelihood to Recommend
Alternatives Considered:
- Reviewer Source
- Reviewed on 16/08/2021
"Xero is the One"
Comments: I am very satisfied to be building my practice on Xero. They have a good product with a good company behind it. They seem to really care about their advisors and see them as key to their business model. They have a great community and great support.
Pros: What I like most about Xero is its open-platform ethos. It's not one particular feature, it's the whole way that Xero approaches what it does, and it shows up all over the product. One small example is how easy it is to manually import bank transactions via CSV file, and then how easy it is to undo that import if it went wrong. It's less about features (although Cash Coding and Find & Recode are brilliant) and more about design choices.
Cons: I want them to hurry up and integrate Hubdoc into Xero itself. And when that happens, I want there to be a way to generate a report that shows which GL transactions don't have a source document.
- Reviewer Source
- Reviewed on 16/08/2021
Ryan K.
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- Source: SoftwareAdvice
- Reviewed on 13/07/2019
"ACCOUNTANT WARNING DO NOT PARTNER - I was 2nd partner in Canada not a smart move heres why!"
Pros: Not much to say here anymore, they pretty much used to be good and totally lost faith.
Cons: As an accounting firm I would be very cautious with using Xero or recommending it to clients. Outside of Xero billing for things that were supposed to be free, which after complaining they claim they will reconcile but I had to threaten with a lawyer to get that reaction. As an accounting firm it is a very risky move to partner with the Xero software platform. As a firm Your clients will know your using Xero and as a result will likely start to follow Xero using social media. When this happen your clients will receive advertisements about other Accounting firms partnered with Xero. The problem isn’t that you will loose your clients, but this makes you look really bad in front of your clients that you are recommending a software that recommends other accountants outside your firm. This actually happened to me in Canada, and the response of the Canadian Xero team was simply that they didn’t intend on these promotions to be received by the clients of my firm. They didn’t care, they didn’t apologize, they didn’t even acknowledge what they did was wrong, it was evident that they prioritized their growth over their existing partners, at least in Canada. Even The Canadian director of Xero comments where limited to telling me ” I understand that you need to make important decisions in the best interest of your firm”. To me this was a clear message that he doesn’t care. As a small business the software was historically leading, recently, many clients are having issues logging in
- Reviewer Source
- Source: SoftwareAdvice
- Reviewed on 13/07/2019
Bonnie G.
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- Reviewed on 04/06/2021
"Xero - Overall Great Product"
Comments: The benefits are the ability to have all our accounting record keeping in one place, and to get reports on any side of our accounting process with the click of a button.
Pros: Easy to use and provides all the information to run our business - from an accounting standpoint. What I like most is the ability to import bank transactions.
Cons: The feature I like the least is Fixed Assets. I find it confusing at times and cannot understand why we cannot attach a copy of the Vendor Invoice to a Fixed Asset file. Find this frustrating when we seem able to attach invoice copies to most other types of transactions.
- Reviewer Source
- Reviewed on 04/06/2021
Quratulain H.
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- Reviewer Source
- Reviewed on 18/02/2021
"Best in Multi-currency accounting for SMB"
Comments: Xero was the best choice back in 2015 (when no one gave multi-currency) and still is in 2021 (when there are some who do). I have now added another company to Xero and cannot imagine shifting to another platform....ever.
Pros: With most clients abroads, we find its best to bill them in their local currency. Luckily for us, Xero is there to help sort our books out and keep them in order. It integrates with many bank feeds & popular wallets/fintechs like PayPal, Payoneer & TransferWise so accounts are upto date - always. Another feature we really use is their tracking fields. Xero allows users to setup 2 tracking fields that can be added to invoices, expenses, bills and assigned to each line. This helps us keep track of project based work and has been our way since before Xero ventured into Project based accounting (that users need to pay additional fee for) It also integrates with online payment gateways such as PayPal, Stripe, GoCardless, and a few others; thus payments are a breeze for clients. As a non-accountant, Xero is easy to use even when you get into all the features it provides.
Cons: They have made some changes to their UI esp where invoices and expenses are concerned. Luckily for older users, expenses are still free however, for new users it isnt and each person filing expenses on it needs to pay a small fee. I think it should be free for a small number of users (atleast 2) and then charged.
- Reviewer Source
- Reviewed on 18/02/2021
