
About Xero
Xero is a cloud-based small business accounting software with tools for managing invoicing, bank reconciliation, inventory, purchasing, expenses, bookkeeping and more. Xero is an alternative to QuickBooks. It is a modern, small business accounting software that lives in the cloud. It's accessible from any computer or mobile device, making for a smarter and easier accounting process, with features including cash flow tracking, payment processing, bank reconciliation, expense tracking, inventory management, financial reporting, and more.
The Xero dashboard presents users with a clear and concise overview of their financial situation. It provides small business owners with a greater understanding of their cashflow by highlighting bank balances, outstanding invoices, upcoming bills and expense claims in a visually appealing way. Daily bank and credit card transactions are automatically imported into Xero and matched to their corresponding accounting transaction. Doing bank reconciliation is as easy as confirming the match is corrected and clicking "OK."
Xero integrates with over 1,000 third-party apps commonly used by small businesses including Stripe, PayPal, Capsule, HubSpot, and more in order to streamline workflows and synchronize data such as sales invoices, client data, cashflow reports, payroll data, and more. Data flows directly into the Xero ledger, removing the time and effort required for manual data entry. Every Xero plan comes with unlimited users, so there's no need to pay for extra licenses. Collaborate with colleagues or invite financial advisors to view data remotely and get valuable real-time advice.
Pricing starting from:
$27.50/month
- Free Version
- Free Trial
- Subscription
Key benefits of Xero
Business size
Deployment
- Cloud-based
- On-premise
Markets
Australia, Brazil, Canada, China, Germany, United Kingdom, Guernsey, Ireland, India, Jersey, Japan, Mexico, New Zealand, United States and 9 others
Supported Languages
English
Pricing starting from:
$27.50/month
- Free Version
- Free Trial
- Subscription
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Features
Total features of Xero: 169
Alternatives
Quickbooks Online

MYOB Business

QuickBooks Desktop Enterprise

Sage 50cloud Accounting

Reviews
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- Industry: Financial Services
- Company size: 51-200 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Xero Review
Reviewed on 22/06/2022
Purchase order management.
Budgeting and invoice customization.
Purchase order management.
Budgeting and invoice customization.
Pros
Xero makes it seamless to carry out accounting procedures through automation.
Cons
Xero has never disappointed even on a single instance while using it.
- Industry: Accounting
- Company size: 201-500 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Xero - The Cloud Based Software of the future
Reviewed on 24/06/2022
Fantastic product with fantastic support and really meaningful input from the actual company staff
Fantastic product with fantastic support and really meaningful input from the actual company staff
Pros
Xero's main benefit to us as a mid tier accounting firm is the ease of importing information. It supports multiple bank feeds on a reliable basis and its open API allows for the support of many add in apps
Cons
Being a non-technical software, it does sometimes give the impression of not being as robust in terms of ease of change of prior information. This can be overcome by locking down periods, one just has to remember to do this though.
Alternatives Considered
Sage 50cloud AccountingReasons for Choosing Xero
The capital development expenditure and size of Xero simply mean that it is outpacing other software in terms of speed of development, effectively future-proofing our practice.Switched From
Sage 50cloud AccountingReasons for Switching to Xero
The main factors were cost and engagement with the Xero South Africa team- Industry: Accounting
- Company size: Self Employed
- Used Weekly for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 3.0 /10
Average Accounting Software
Reviewed on 7/08/2022
I like the idea of Xero - being from New Zealand - and it does have a few good features but overall...
I like the idea of Xero - being from New Zealand - and it does have a few good features but overall its not the best software out there. I know some people rave about it but to me it is definitely not one I recommend to my clients. If my clients are using it and they are happy then so be it, I will continue to assist them.
Pros
I do like the BAS return function and the Payroll function. When we've had errors in the year end reporting, it has been easy to look back and find those entries & fix them up.
Cons
Can be hard to navigate in finding the right reports and retrieving the right information I need from the software. I also find it hard to review SUpplier & Customer Accounts History. I'm used to seeing other softwares having a tab labelled 'Suppliers' / 'Customers' and you can view altogether - I'm just not finding this easy to do in Xero.
- Industry: Entertainment
- Company size: 51-200 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Easy to Implement and Manage Global Business, Low Customization Options
Reviewed on 19/05/2022
Kanopy has found Xero to serve its needs well, but ultimately we moved on and migrated to NetSuite...
Kanopy has found Xero to serve its needs well, but ultimately we moved on and migrated to NetSuite years later. We still keep Xero though for 1 international subsidiary that we found to be advantageous not to migrate. The mature business with complex operations may not find all needs are met with Xero, especially if the desire is to integrate many other tools/software with the ERP in a bi-directional data flow.
Pros
Xero serves well as an "out of the box" accounting system, not unlike Quickbooks. It also has more functionality and use internationally, making it a superior choice to QB if your business operates on a global, multicurrency basis. There are some solid automations which can be implemented with Xero as well, and the canned reporting generally suffices for the majority of basic financial needs.
Cons
Xero lacks the open customization options that software like Netsuite or Dynamics offers. For a small business this will often be fine, but a scaling operation looking to automate many functions based on unique business needs may someday find they have outgrown Xero and need to undergo an (often painful) ERP migration.
Alternatives Considered
QuickBooks Online AdvancedReasons for Switching to Xero
International features are superior, and ability to manage multiple subsidiaries based in different countries is more manageable in Xero.- Industry: Marketing & Advertising
- Company size: 2-10 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Best Account Software for the Money
Reviewed on 30/06/2022
I would recommend this to all small businesses, best value for the money.
I would recommend this to all small businesses, best value for the money.
Pros
Low cost, connections to banks, and credit cards are where it really shines.
Cons
The reposts need work. More customization, more options. Get down to more details.
Alternatives Considered
QuickBooks Desktop ProSwitched From
QuickBooks Desktop ProReasons for Switching to Xero
Low cost, connections to banks, and credit cards are where it really shines.Xero FAQs
Below are some frequently asked questions for Xero.Q. What type of pricing plans does Xero offer?
Xero offers the following pricing plans:
- Starting from: $27.50/month View Pricing Plans
- Pricing model: Subscription
- Free Trial: Available
Starter: $27.50/month Standard: $60/month Premium: $75/month
Q. Who are the typical users of Xero?
Xero has the following typical customers:
Self Employed, 2-10, 11-50, 51-200, 201-500, 501-1,000
Q. What languages does Xero support?
Xero supports the following languages:
English
Q. Does Xero support mobile devices?
Xero supports the following devices:
Android (Mobile), iPhone (Mobile), iPad (Mobile)
Q. What other apps does Xero integrate with?
Xero integrates with the following applications:
Accelo, Actionstep, ActiveCollab, Acuity Scheduling, Administrate Training Management, Adobe Commerce, Agile CRM, ApprovalMax, AroFlo, Authorize.Net, AutoEntry, BarTab, Batchbook, BigCommerce, BlueFolder, BookingBug, Buildertrend, Capsule, Chargebee, Chargify, Chaser, Checkfront, Checkmybooks, Chrometa, Cin7, ClicData, Clio, CollabSpot, Constant Contact, Copper, Corecon, Current RMS, CustomerSure, Cyfe, DEAR Systems, Datamolino, Debtor Daddy, Deputy, Dext Prepare, Dryrun, EZRentOut, Ecwid, Emburse Nexonia Expenses, Emburse Tallie, Entryless, Epos Now, Everhour, Expensify, Exsalerate CRM, FUTRLI, Fathom, Fergus, FieldAware, Financial Driver, Fishbowl, Float, Float Cash Flow, FreshBooks, Freshdesk, GeoNext, Google Workspace, Grow, Handshake, Harvest, Hike, Hotelogix, Hubdoc, Ignition, Insightly, InvoiceSherpa, JobAdder, Kickserv, Klipfolio, Lightspeed POS, LivePlan, MRPeasy, Mailchimp, Manu Online, Microsoft 365, Microsoft Power BI, Mindbody, MinuteDock, MyBuys, Nobly, OnePageCRM, OneSaas, Onsight, Operations Hub, Panalitix, PandaDoc, PayPal, Payment Evolution, Payoneer, Pepperi, Plooto, Podio, ProWorkflow, ProfitSee, Proposify, QuickBooks Commerce, QuickBooks Time, Quickbooks Online, Quoter, Quotient, Qvinci, Qwilr, RESULTS.com, Re-Leased, Really Simple Systems CRM, Rydoo, Sage 50cloud Accounting, Sage Business Cloud Accounting, SalesSeek, Sapaad, Satago, ServiceM8, Shoeboxed, Shopify, Simple Salon, Solve CRM, Spotlight Reporting, Square Point of Sale, Starshipit, Streamtime, Stripe, SugarCRM, Synchroteam, Synergy Practice Management, Tidy, Time Tracker, TimeCamp, Timely, Tradify, Trigger, Unleashed, Veeqo, Vend, WORKetc, WooCommerce, Workato, WorkflowMax, XEDI Web EDI, XO Cashflow, ZENOTI, Zahara, Zapier, Zendesk Sell, Zoho Analytics, Zoho Books, Zoho CRM, ezyCollect, ezyVet, simPRO, vWorkApp, webexpenses
Q. What level of support does Xero offer?
Xero offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, 24/7 (Live rep), Chat
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