Xero accounting software review

xero bookkeeping software

The software makes it easy to pay bills, claim expenses, accept payments, track projects, manage contracts, store files and more. With your accounting software and data stored in the cloud, you can access your up-to-date accounts anywhere there’s an internet connection. You can receive automated bank feeds into your accounting software and connect to other business apps for greater efficiency. You can also collaborate with other people, like accountants and bookkeepers, by giving them access to view and share your figures. Xero regularly backs up your data and protects it with multiple layers of security.

Accounting software that connects to your bank

The layout is, on the face of it, pretty simple with a user-experience that delivers quick and easy access to core features. These are found via a top menu that houses not only the Dashboard, but Business, Accounting and Contacts options too. Some parts of the experience require time and patience to master.

Apps like Stripe, GoCardless, Vend, and Shopify connect seamlessly and sync your data with Xero to make it easier to run your business. Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Xero has a reputation for some of the strongest cloud security out there. Security measures include data encryption, two-step authentication, and 24/7 monitoring at multiple locations.

Tax Support

xero bookkeeping software

The payment date depends on when you signed up to a pricing plan. You can upgrade or downgrade your plan or cancel your subscription at any time with one month’s notice. Run your business from anywhere with Xero’s easy accounting app. Keep track of your unpaid and overdue invoices, bank account balances, profit and loss, cash flow and bills to pay. You can even reconcile bank accounts and convert quotes to invoices. It’s free with every subscription and compatible with iOS and Android.

  1. †Xero customers who use online invoice payments get paid up to twice as fast than those who don’t use online invoice payments.
  2. Some parts of the experience require time and patience to master.
  3. To the right of your screen are less prominent but just as useful features, including Help, plus search and notification buttons.
  4. Join the thousands of people like you already growing their businesses and knowledge with our team of experts.
  5. Xero is powerful online accounting software for US small businesses.

Even then you can tend to find yourself getting a little tied up in knots such is the powerful array of features on offer. In that respect the built-in help will pay dividends as you use it to navigate any of the trickier aspects of the cloud-based layout. Simplify your finances and get more done with Xero online accounting software. Access Xero features for 30 days, then decide which plan best suits your business.

Invoices & Estimates

Choose the best apps to make running your business even easier. Apps equity method of accounting asc for investments and joint ventures like Stripe, GoCardless, Shopify, and WorkflowMax connect seamlessly and sync data with Xero business accounting software. Xero is a great option for large teams and small- to medium-sized businesses that need high-level accounting systems.

While human error will always play some role in security breaches, you can be confident in your accounting platform when it comes to keeping your information safe. All three plans come with an optional add-on for payroll with Gusto for $40 per month plus $6 per month per person. Xero’s accounting software is highly rated among small businesses. Read our 2024 Xero review to find out if it’s the right solution for your business. Xero’s bank feed securely imports your transactions into the Xero accounting software each business day.

Accounting software for your US small business

This can be added to a Growing or Established plan for $39/month. To its credit Xero does have quite a lot of help and support options at your disposal. There are handy built-in options that can get you around any minor issues you might encounter during setup. This is most notably handy thanks to the question mark up in the right-hand corner of the interface, which delivers and express-lane dialog box for solving many common queries.

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