What is Xero?
Xero is a beautiful, intelligent software platform designed to make life better for small businesses and their advisors, and to help them grow and thrive.
Xero’s online accounting platform provides the foundation on which businesses can build a complete business solution. It connects businesses with their bank, accounting tools, their accountant, payment services and third-party apps, so everything is securely available at any time, on any device.
Additionally, with Xero, accounting and bookkeeping practices gain access to efficient compliance
tools, smart practice management software, and a cloud-based single accounting ledger for every
client, in one place.
Product features for small businesses:
– Automatic data entry – Xero Reviews can eliminate data entry by pulling records of sales and expenses directly from banks, invoicing apps, point-of-sale systems, ecommerce sites and receipt scanners.
– Bank connections – business transactions are copied directly out of the business bank account over a secure online connection so no one has to key the data.
– Smart bank reconciliation – the software learns how users classify certain expenditures and makes suggestions. This can make bank reconciliation a simple click-to-confirm process.
– Online billing – the software can be used to send invoices and offer customers multiple payment methods (such as credit/debit card and direct debit). It can also send automatic payment reminders for unpaid invoices.
– Automated financial reporting – balance sheets and financial statements can be produced with the push of a button. Tax returns can also be prepopulated in some regions.
– Business dashboards – vital stats in real-time such as money in, money out, money due, and money owed are constantly available on a visual dashboard.
– Integration with other apps – Xero Reviews integrates with hundreds of other business apps for things like processing payments, managing projects, costing jobs, scheduling and recording employee time, paying staff, managing inventory and more.
Specification: Xero
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8 reviews for Xero
Only logged in customers who have purchased this product may leave a review.
- Ease of use
- Ease of sharing with accountants
- You can handle your accounts
Subhan Hook –
Xero is a cloud accounting solution to allow business owners to issue invoice digitally and allows collection of payment to be faster because customer can choose to make their payment only via PayPal or their credit card.
Sahra Greig –
Extremely easy to use.
Bank integrations are seamless and very easy to set up.
Bank recons are almost fun to do.
Excellent integrations into VAT, Payroll and PAYE
Margie Villalobos –
This platform is a great tool for good management and administration of the entire main accounting system. You can keep all the invoices in one place, you can send them by email directly from the file tray provided by xero on its platform and this will allow you to keep a digital record. You can also schedule payments, you will not have delays and your relationships with suppliers will be excellent, you will also save a lot of time and you will have greater work fluency without worrying about anything.
Donald Hobbs –
Xero is one of the most popular buisiness based account solutions.
With a complex initial learning curve, this app allowed for online real time accounting and upto date paperless accounting.
Such a time saver, a payroll service in an app.
Madina Contreras –
As far as cloud-based accounting software goes, Xero is one of the finest options. I am an accountant/bookkeeper so:
It’s very user-friendly, designed to be usable for non-accountants. All the debit/credits etc. happen at backend and user does most things in plain language
Secondly, support. It’s quite an old software with a large user-base so it’s forums and Help (Xero Central) has articles on most of the common troubleshooting issues and guides for using features.
The productivity features that save time for accountants and power users like Global shortcuts, Find and Redo (mass transactions), automatic matching of transactions, labels etc.
It offers Xero advisor certification that helps regular users differentiate and showcase their expertise. and it is free, unlike say NetSuite.
Corbin Paterson –
Xero was a huge upgrade going from Quickbooks desktop to an online system. It can be accessed from anywhere at anytime without having to deal with servers and firewalls. The interface is very user friendly and navigation is pretty straightforward and easy.
Rida Owen –
What I lean toward most is that the computerization and revealing abilities of the product. There are includes in order to address different wrong passages like Find and Recode and quite a bit of additional items to coordinate to different Softwares. The report’s determination is wide and on the off chance that you are a training accomplice, you will have significantly more access to the reports prepared for outside announcing.
Orion Cote –
The best feature I like about this software is the invoicing that it eases and I can invoice my customers instantly, but that not being enough the automated bank feeds, purchase orders and depreciation of fixed assets,standard business and management reporting that come with this service make it a must have for all businesses small and big for proper accounts and financial monitoring of the progress of the company. It is always important to fast track that profit.