About Xero
What is Xero?
Xero is an online accounting system designed to simplify business tasks such as paying bills, managing expense claims, creating invoices, and more.
How do you use Xero?
Xero’s main hub is accessible online and used to manage staff and client data. Its Practice Manager tool is used to manage jobs, assign tasks, and track time. Xero can be integrated with external systems and connected to bank accounts to provide automated transaction feeds.
Who uses Xero?
Xero is primarily used by small business owners, accountants, and bookkeepers.
How much does Xero cost?
Xero offers three pricing plans. "Early" is for new businesses, sole traders, and the self-employed and is $5.50 per month. "Growing" is for small/growing businesses and is $16 per month. "Established" is for established businesses and is $31 per month.
Does Xero have an app?
Yes, the Xero Accounting mobile app (for iOS and Android) provides on-the-go access to invoices, contacts, bank account balances, spending, cashflow, and more.
Xero pricing
Xero does not have a free version but does offer a free trial. Xero paid version starts at US$7.50/month.
Alternatives to Xero
Xero Reviews
Feature rating
- Industry: Computer Software
- Company size: 11–50 Employees
- Used Daily for 2+ years
-
Review Source
Critical tool for startup founder
Overall great software, ease of use is the biggest plus.
Pros
Xero is super easy to use. I am not an accountant and have no training in book keeping but the software makes it easy.
Cons
Xero doesn't support local rules and requirements like the way witholding tax works in Thailand. Not idea but there are work arounds.
- Industry: Events Services
- Company size: 2–10 Employees
- Used Daily for 2+ years
-
Review Source
Our business partner
Pros
It’s very simple to use. It has all the features that our business requires from an accounting softwares. You can do payroll and VAT all in one place and submit from Xero with one click. It is extremely convenient. It is like another helpful staff in our company.
Cons
Nothing really. Everything about Xero is really good. We are absolutely satisfied.
Reasons for Choosing Xero
Xero is more suitable for a small business.Switched From
Sage 50cloud Accounting- Industry: Import & Export
- Company size: 11–50 Employees
- Used Weekly for 2+ years
-
Review Source
Very good for invoicing
Overall it has been good as I was not using it every day but I was struggling a little bit to review financial analysis.
Pros
Very easy to create invoice templates and therefore invoicing clients. We have different revenue centers so it was useful to easily allocate each invoice product line to each centers.
Cons
The UX/UI . It's difficult and confusing for someone with no accounting background to navigate the software.
- Industry: Accounting
- Company size: Self Employed
- Used Daily for 2+ years
-
Review Source
Beautiful Software
Great software
Pros
Xero is easy to use and shows great potential to small business with ability to provide usefull information in an easy to use format
Cons
The bank screen is a little narrow and I would like the option to have more than 10 items on the screen at one time
Alternatives Considered
MYOB BusinessReasons for Choosing Xero
To streamline reportingSwitched From
Quickbooks OnlineReasons for Switching to Xero
Familiarity with product from prior workplaces- Industry: Dairy
- Company size: 201–500 Employees
- Used Daily for 2+ years
-
Review Source
Xero is a mastermind for all accounting needs.
Xero is a so helpful financial management tool that helps us run our cash flow very effectively and efficiently. It helps us to have control over how money moves within the organization by tracking the money that gets in and the one that is spent. It helps understand our expenditure and give us clear insights about our financial health.
Pros
Xero has all the features that are needed to have a smooth financial management experience. With it, it's easy to generate accurate financial reports that keep us updated on how money is flowing and is being spent. It also keeps us alert on due payments allowing us to clear all our bills early enough to avoid penalties. It also makes it easy for us to follow up on payments from clients by sending them invoices to remind them of due payments.
Cons
Am happy that so far i have not been able to experience a single aspect about Xero that has not worked for me.
