About Xero

Xero is a global small business platform with 3.95 million subscribers which includes core accounting, payroll, workforce management, expenses and projects. Xero also has an extensive ecosystem of connected apps and connections to banks and other financial institutions, helping small businesses access a range of solutions from within its open platform to help them run their business and manage their finances. Xero is a FIFA Women’s Football partner.

About Xero accounting software

Xero provides small business owners, accountants and bookkeepers with powerful online accounting software and access to up-to-date financial data. It’s designed to make life better for small businesses, their advisors and communities around the world. It connects businesses with their bank, their advisor, accounting tools, payment services and third-party apps, so everything is securely available at any time, on any device.
Benefits for small businesses
Xero’s beautiful, easy-to-use small business accounting software automates and streamlines many day-to-day tasks, including bank reconciliation, quoting, invoicing, making and collecting payments, tax, managing employees, expenses, projects and payroll. Businesses can view up-to-date numbers on the Xero dashboard, in reports, and in analytics. It’s easy for businesses to see how they’re tracking, stay in control of cash flow and make informed decisions.
Because Xero is cloud-based, businesses can work with their data easily from anywhere as well as collaborate with their accountant and bookkeeper. Many features are available on mobile, so people can run their business on the go.

Support and learning

Xero’s offers free 24/7 support, learning, and discussions at Xero Central, backed by a team of expert support staff. Customers are also invited to put forward and vote on product ideas.

Responsible data use commitments

Xero takes a defense-in-depth approach to protecting its systems and customer data. Data is protected by multiple layers of security, including encryption when it’s transferred and stored, and subject to strict privacy controls. Xero uses multi-factor authentication; software updates are free; and Xero does regular data backups.

Xero is certified as compliant with ISO/IEC 27001:2013, complies with the Payment Card Industry Data Security Standard, and produces Service Organization Control (SOC 2) reports.

Xero App Store

Xero connects with more than 1000 third-party apps designed to solve everyday business challenges, get data flowing between Xero and other apps, and provide a more complete view of how a business is performing. The Xero App Store is the place to easily find, try and connect apps that are certified by Xero and reviewed by users.

Pricing plans and free trial

Xero offers a free trial of its accounting software for 30 days, and a range of pricing plans designed to suit different needs. Subscriptions to Xero are invoiced monthly.
Accountants and bookkeepers get free access to Xero online accounting software and to Xero HQ when they sign up (for free) as Xero partners.
Xero for accountants and bookkeepers
Accountants and bookkeepers gain access to smart practice management software with tools for streamlined workflows, efficient compliance, and a cloud-based single accounting ledger for every client. They can collaborate within Xero with their colleagues or with clients, automate manual tasks, and access client records at any time.
Xero’s integrated practice management software includes Xero HQ, Xero Practice Manager, Xero Workpapers and Xero Tax.

Xero the company

Xero is a global company with offices in seven countries and over 3.95 million subscribers. It’s a leader in online accounting across New Zealand, Australia and the United Kingdom, and has won multiple awards for its software and services. Xero is listed on the Australian Stock Exchange (ASX).

Pricing starting from:

$27.50/month

  • Free Version
  • Free Trial
  • Subscription

Key benefits of Xero

  • Keep accounting data safe and secure.
  • Access accounts online anytime from anywhere, even on the go using mobile devices (iPhone/iPad/Android) or tablet.
  • Get better visibility on cashflow with real-time data.
  • Reduce the time spent keeping accounts up to date.
  • Software updates are free and available when users log in.
  • Collaborate with the whole team and an accountant. Users decide what each person can see.
  • Seamless accounting and payroll in the US (selected states), UK, Australia and New Zealand.
  • Typical Customers

    • Freelancers
    • Small Businesses (2-50)
    • Mid-size Companies (51-500)
    • Large enterprises (500 and more)

    Deployment

    • Cloud-based
    • On-premise

    Markets

    Australia, Canada, Hong Kong SAR China, India, Indonesia and 8 others

    Supported Languages

    English

    Pricing starting from:

    $27.50/month

    • Free Version
    • Free Trial
    • Subscription

    Images

    Xero Software - Xero Dashboard
    Xero Software - Xero Payroll
    Xero Software - Xero Reporting
    Xero Software - Xero Invoices
    Xero Software - Xero Assurance Dashboard
    Xero Software - Xero Accounts
    Xero Software - Xero Contacts
    Xero Software - Xero Dashboard
    Xero Software - Xero Mobile
    Xero Software - Xero Profit and Loss Reports
    Xero Software - Xero Payroll
    Xero Software - Xero Summary Report
    Xero Software - Xero Sales Account
    Xero Software - Xero Contacts
    Xero Software - Xero Timesheets, Payslips, and Leave
    Xero Software - Xero Calendar
    View 18 more
    Xero video
    Xero video
    Xero Software - Xero Dashboard
    Xero Software - Xero Payroll
    Xero Software - Xero Reporting
    Xero Software - Xero Invoices
    Xero Software - Xero Assurance Dashboard
    Xero Software - Xero Accounts
    Xero Software - Xero Contacts
    Xero Software - Xero Dashboard
    Xero Software - Xero Mobile
    Xero Software - Xero Profit and Loss Reports
    Xero Software - Xero Payroll
    Xero Software - Xero Summary Report
    Xero Software - Xero Sales Account
    Xero Software - Xero Contacts
    Xero Software - Xero Timesheets, Payslips, and Leave
    Xero Software - Xero Calendar

    Features

    Total features of Xero: 172

    • "What If" Scenarios
    • 401(k) Tracking
    • ACH Payment Processing
    • API
    • Access Controls/Permissions
    • Accounting
    • Accounts Payable
    • Accounts Receivable
    • Accrual Accounting
    • Activity Dashboard
    • Activity Tracking
    • Ad hoc Reporting
    • Alerts/Notifications
    • Approval Process Control
    • Approval Workflow
    • Asset Accounting
    • Asset Tracking
    • Audit Trail
    • Automated Quoting
    • Automatic Backup
    • Automatic Billing
    • Bank Reconciliation
    • Benefits Management
    • Billing & Invoicing
    • Billing Portal
    • Budgeting/Forecasting
    • CPA Firms
    • Calendar Management
    • Case Management
    • Cash Flow Management
    • Cash Management
    • Cataloguing/Categorisation
    • Check Printing
    • Check Processing
    • Check Writing
    • Client Management
    • Client Portal
    • Compliance Management
    • Consolidation/Roll-Up
    • Construction Breakdowns
    • Contact Database
    • Contact Management
    • Contingency Billing
    • Contract/License Management
    • Cost Tracking
    • Credit Card Processing
    • Cross Ledger Posting
    • Currency Conversion
    • Customer Database
    • Customer History
    • Customer Statements
    • Customisable Branding
    • Customisable Invoices
    • Customisable Reports
    • Customisable Templates
    • Data Import/Export
    • Data Visualisation
    • Delivery Management
    • Direct Deposit
    • Discount Management
    • Document Management
    • Document Storage
    • Document Templates
    • Drag & Drop
    • Due Date Tracking
    • Dunning Management
    • Duplicate Payment Alert
    • Electronic Payments
    • Email Management
    • Expense Claims
    • Expense Management
    • Expense Tracking
    • Fee Calculation & Posting
    • Financial Analysis
    • Financial Management
    • Financial Reporting
    • Fixed Asset Management
    • For AEC Industry
    • For Accountants
    • For CPA Firms
    • For Government
    • For Legal Professionals
    • For Real Estate
    • For Religious Organizations
    • For Schools
    • For Small Businesses
    • Forecasting
    • Fraud Detection
    • Fund Accounting
    • Fund Management
    • General Ledger
    • Hourly Billing
    • Income & Balance Sheet
    • Inventory Control
    • Inventory Management
    • Inventory Optimisation
    • Inventory Tracking
    • Invoice Creation
    • Invoice History
    • Invoice Management
    • Invoice Processing
    • Job Costing
    • Kitting
    • Mobile Access
    • Mobile App
    • Mobile Payments
    • Monitoring
    • Multi-Channel Management
    • Multi-Company
    • Multi-Country
    • Multi-Currency
    • Multi-State
    • Nonprofits
    • Online Invoicing
    • Online Payments
    • Order Management
    • Order Tracking
    • Overpayment Processing
    • Partial Payments
    • Payment Collection
    • Payment Processing
    • Performance Metrics
    • Price/Margin Management
    • Pricing Management
    • Pricing and Cost Calculations
    • Product Identification
    • Profit/Loss Statement
    • Progress Tracking
    • Project Accounting
    • Project Billing
    • Project Management
    • Purchase Order Management
    • Quotes/Estimates
    • Real-Time Data
    • Real-Time Reporting
    • Receipt Management
    • Receivables Ledger
    • Recurring Invoicing
    • Recurring/Subscription Billing
    • Reimbursement Management
    • Remote Access/Control
    • Reorder Management
    • Reporting & Statistics
    • Reporting/Analytics
    • Requisition Management
    • Retail Inventory Management
    • Revenue Recognition
    • Sales Reports
    • Sales Tax Management
    • Search/Filter
    • Self Service Portal
    • Shipping Management
    • Sourcing Management
    • Spend Management
    • Staff Management
    • Status Tracking
    • Supplier Management
    • Task Management
    • Tax Calculation
    • Tax Management
    • Template Management
    • Third-Party Integrations
    • Time & Expense Tracking
    • Time Tracking
    • Transaction History
    • Transaction Management
    • Trust Accounting
    • Vacation/Leave Tracking
    • Vendor Management
    • W-2 Preparation
    • Wage Garnishment
    • Warehouse Management

    Alternatives

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    3.9
    #1 Alternative to Xero
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    AccountingSuite

    4.2
    #2 Alternative to Xero
    AccountingSuite is a cloud-based accounting solution, which helps small to midsize businesses manage purchase, sales...

    Reckon One

    4.5
    #3 Alternative to Xero
    Easy to use online accounting software for small businesses. Plans start at just $12 per month.

    Venmo

    4.7
    #4 Alternative to Xero
    Venmo is a digital wallet and payment gateway that allows customers to send money and make purchases via mobile device,...

    Reviews

    Overall rating

    4.4 /5
    (2,923)
    Value for Money
    4.2/5
    Features
    4.3/5
    Ease of Use
    4.3/5
    Customer Support
    4.0/5

    Already have Xero?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Showing 5 reviews of 2,923
    Kathryn
    Kathryn
    Overall rating
    • Industry: Arts & Crafts
    • Company size: Self Employed
    • Used Weekly for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Affordable professional level accounting software for small business

    Reviewed on 26/08/2019

    It's been easier to use Xero than I expected, but I had a nasty surprise at tax time when I...

    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

    Alternatives Considered

    QuickBooks Online

    Reasons for Choosing Xero

    Outright depends on importing data from financial institutions but they were extremely unreliable (apparently they don't use a standard importing service and my credit union kept flagging them as hackers for remote logins) and customer service kept giving me the runaround. It also isn't "professional" double-entry bookkeeping and can't be audited. Outright can't handle Cost of Goods Sold properly and requires manual workarounds. It can't generate professional reports needed when applying for loans.

    Reasons for Switching to Xero

    QuickBooks introduced a special product for Etsy integration, but early adopters had problems with data disappearing and no way to recover it. Otherwise, the cost of QuickBooks to cover the same features I use in Xero would have been very expensive; even a QB consultant told me it's overkill for a business of my size. I forget which other products I looked at, but Xero was recommended by several owners of similar businesses.
    Bodamer
    Overall rating
    • Industry: Translation & Localisation
    • Company size: 11–50 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 is an accounting tool that outshines the rest. It makes accounting very reliable

    Reviewed on 25/06/2024

    We are getting a very precise experience working on our finances with Xero. It has made it easy for...

    We are getting a very precise experience working on our finances with Xero. It has made it easy for us to streamline all our financial activities. Xero keeps us in check on our expenses and budget.

    Pros

    Xero provides us with very informative financial reports that allows us to gauge and weigh our financial position. Its security tools are so good and keeps all our data secure. It makes it so easy to keep a close look into our expenditure by tracking our expenses. Xero has a very secure book keeping space that helps us consolidate our financial files abd receipts.

    Cons

    No concerns whatsoever about Xero. It has been great and has shown us it great value.

    Andrea
    Overall rating
    • Industry: Furniture
    • 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 1.0 /10

    Stop messing with what is not broken

    Reviewed on 3/07/2024

    Appalling. They do not listen to their customers. Look at the Xero Central feedback and comments. ...

    Appalling. They do not listen to their customers. Look at the Xero Central feedback and comments. A very unhappy customer base.

    Pros

    It used to be good - but now the 'improvements team' have ruined a good product.

    Cons

    The development team are taking their lead from govt depts to incorporate e-invoicing and other 'goals' but dropping essential functionality. Listen to your customer base. Look at the Xero Central reviews. Your customers are leaving in droves, hence the marketing push for 75% discount to new users. Filling up your customer tank to replace those who were dissatisfied and left.

    Edwina
    Overall rating
    • Industry: Entertainment
    • Company size: 2–10 Employees
    • Used Daily for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 7.0 /10

    Happy user

    Reviewed on 12/04/2024

    Pros

    The convenience and ease of use and I love how I can make the changes myself.

    Cons

    The price is a little high for something I use myself.

    Jelena
    Overall rating
    • Industry: Retail
    • 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 8.0 /10

    Easy to use

    Reviewed on 15/05/2024

    Pros

    Ease of access , connected to my other CRMs

    Cons

    Login security - don’t need double security

    Showing 5 reviews of 2,923 Read all reviews

    Xero FAQs

    Below are some frequently asked questions for Xero.

    Xero offers the following pricing plans:

    Starter: $27.50/month Standard: $60/month Premium: $75/month

    Xero has the following typical customers:

    Self Employed, 2–10, 11–50, 51–200, 201–500

    Xero supports the following languages:

    English

    Xero supports the following devices:

    Android (Mobile), iPhone (Mobile), iPad (Mobile)

    Xero integrates with the following applications:

    Accelo, Actionstep, ActiveCollab, Acuity Scheduling, Administrate Training Management, Adobe Commerce, Agile CRM, ApprovalMax, AroFlo, AutoEntry, Batchbook, BigCommerce, BlueFolder, BookingBug, Buildertrend, Capsule, Chargebee, Chargify, Chaser, Checkfront, Checkmybooks, Chrometa, Cin7 Core, Cin7 Omni, ClicData, Clio, CollabSpot, Constant Contact, Copper, CreditorWatch Collect, Current RMS, CustomerSure, Cyfe, Datamolino, Deputy, Dext Prepare, Dryrun, EZRentOut, Ecwid, Emburse Tallie, Entryless, Epos Now, Everhour, Expensify, Exsalerate CRM, FUTRLI, Fathom, Fergus, FieldAware, Financial Driver, Fishbowl, Float, Float Cash Flow, FreshBooks, Freshdesk, GeoOp, 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, Nexonia Expenses, Nobly, OnePageCRM, OneSaas, Onsight, Operations Hub, Panalitix, PandaDoc, PayPal, Payment Evolution, Payoneer, Pepperi, Plooto, Podio, ProWorkflow, ProfitSee, Proposify, QuickBooks Online, QuickBooks Time, QuickBooks eCommerce, Quoter, Quotient, Qvinci, Qwilr, RESULTS.com, Re-Leased, Rydoo, Sage 50cloud Accounting, Sage Accounting, Sage Construction Management, SalesSeek, Sapaad, Satago, ServiceM8, Shoeboxed, Shopify, Simple Salon, Simpro, Solve CRM, Spotler CRM, Spotlight Reporting, Square Point of Sale, Starshipit, Streamtime, Stripe, SugarCRM, Synchroteam, Synergy, Tabology EPOS, 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, authorize.net, ezyCollect, ezyVet, vWorkApp, webexpenses

    Xero offers the following support options:

    Email/Help Desk, FAQs/Forum, Knowledge Base, 24/7 (Live rep), Chat

    Related categories

    See all software categories found for Xero.