Purchase any Xero plan, and we will give you the first month free.
Use KPIs and Cash Flow Insights to Make Proactive Decisions
Once you sign up, Xero provides several guided tutorials to help you get started, such as connecting your business bank account, adding customers and creating invoices. During our software demo, we found that Xero’s reporting features make it easier to interpret key data analytics. Big data is changing businesses, with an increasing impact each year.
Xero’s Role in Supercharging Small Business Growth
Track inventory, set up bank feeds, and collaborate with your accountant or bookkeeper online. Claim expenses, set up bank feeds, and collaborate with your accountant or bookkeeper online. Small businesses are the backbone of the economy, employing nearly half of the American workforce and representing 43.5% of America’s GDP. QuickBooks is easier to use than Xero and, in my opinion, offers more powerful tools. Starting at $20 per month (billed monthly) and supporting unlimited users, it’s ideal for those who plan to do their accounting in-house.
JAX (Just Ask Xero) is a generative AI business customer service companion that can answer questions and automate tasks. We also like that the trial version is full-featured, so you can test Xero with real data. New users can access a free one-month trial with no credit card required. If you add employees to your account, you can set user permissions to control what data they can access. Growing companies need data presented in a digestible format so owners can act on the insights.
Accountants and Bookkeepers
Ready to explore which Xero plan is the best fit for your business? Whether you’re a freelancer, small business owner, or managing a growing team, Xero has a plan that covers the essentials while providing room for expansion. By the end, you’ll have a clear understanding of whether Xero is the right fit for your business needs. Track inventory, claim expenses, and collaborate with your accountant or bookkeeper online. Invoice clients, keep track of bills, and give clients more ways to pay. Automate admin, claim expenses, and collaborate with your accountant or bookkeeper online.
Reports and Dashboards
Xero offers close to 600 integrations with leading accounting tools, reporting platforms, bills and expense software such as Hubdoc and payment platforms such as Stripe. Objective and comprehensive business accounting software ratings rubric. Figure out if a mobile accounting app could help your small business. Keep track of your unpaid and overdue invoices, bank account balances, profit and loss, cash flow, and bills to pay. We recommend you work with an accountant or bookkeeper, preferably one with Xero experience, when you move to Xero online accounting software in the US.
- First, open a dedicated business account for all your incoming and outgoing payments.
- For small and medium-sized businesses, managing finances can be a time-consuming and complicated process.
- What sets Xero apart from other accounting tools is its ease of use, affordability, and anytime-anywhere access.
- Check out the Xero App Store to find, demo, and buy business apps that connect to Xero.
For small and medium-sized businesses, managing finances can be a time-consuming and complicated process. Do your accounting on the go with the Xero mobile app, pay staff easily, and claim expenses. Stay on top of cash flow, manage bill payments, and pay employees 1800accountant reviews online.
Xero Accounting Software Review 2025: Is it the Right Choice for Your Business?
Xero and QuickBooks users can manage their finances from anywhere with robust mobile applications. The user-friendly file management system makes it easier to track documents and images. I like that Xero offers a centralized file management location, which makes file management much easier. Xero offers users a hassle-free file management system. You can add widgets for checking accounts, cash flow, monthly outlooks, upcoming bills and invoices, to name a few. Xero and QuickBooks can connect directly to your bank accounts, making it easy to keep track of business transactions.
Business owners can track bank balances, invoices, bills and where do dividends appear in the financial statements more from Xero’s main dashboard. Even with impressive features, Xero keeps it simple with a user-friendly interface and data visualizations to help customers who are new to running a business. Compared to other software we reviewed, Xero stands out for meeting businesses’ needs at every stage of growth. Xero is an excellent accounting software solution for these organizations.
Payroll Management
Running a business can feel like you against your paperwork. We do the work so you can focus on growing your business. With business.com+, members get dedicated support, exclusive deals and expert advice. Additionally, we studied user reviews for independent insights into the software’s pros and cons. Our information sources included vendor websites and software demos.
- After a 30-day trial period, Xero will bill a monthly charge of $20 per month for the Early plan, $47 per month for the Growing plan and $80 per month for the Established plan.
- Purchase any Xero plan, and we will give you the first month free.
- Managing finances is one of the biggest challenges for small and medium businesses (SMEs).
- The best accounting software depends on your needs.
What sets Xero apart from other accounting tools is its ease of use, affordability, and anytime-anywhere access. From forecasting to KPIs, Xero offers smart insights that support informed, data-driven business strategies. Xero provides real-time access to financial data, making it easy for teams and accountants to collaborate from anywhere. In this guide, we’ll show you how Xero can help you streamline your accounting, gain better financial insights, and make smarter business decisions. Today’s leading accounting platforms offer standard security features like data encryption, secure credential tokenization and more. Plus, accounting software can help keep your books in compliance.
By embedding tools for deeper analytics and predictive guidance, Xero helps accountants turn awareness into action, enabling them to anticipate challenges for small business owners and drive smarter, real-time financial decisions. For small businesses to continue fueling the economy, they must have access to the tools and partners necessary to run a financially healthy business. The Android and iOS applications allow users to send invoices, reconcile transactions, scan and upload receipts, upload documents and images, track payments and monitor cash flow.
Accounting software made for small businesses and solopreneurs With Xero, you can streamline your accounting, make informed decisions, and focus on what truly matters—growing your business. Its user-friendly interface, extensive app integrations, and 24/7 customer support make it an invaluable tool for today’s fast-paced business environment.
With Xero, both SMEs and accountants/bookkeepers can automate their workflows, streamline their processes, and work more efficiently, resulting in saved time, improved accuracy, and a clearer focus on business growth. In this review, we’ll cover Xero’s key features, the benefits of using this platform, and how it compares to other leading accounting solutions. With Xero, you can streamline your accounting tasks, allowing you to focus on what truly matters—running and growing your business.
A Guide To Xero For Small and Medium Businesses 2025
During testing, we realized how ideal Xero is for business owners with minimal accounting knowledge. All of Xero’s plans support unlimited users, which is great for expanding businesses. Xero’s pricing structure is an excellent fit for growing businesses.
Simplify your finances and get more done with Xero online accounting software. Xero connects to your bank and credit card accounts and imports data daily, so we appreciate that it solved: standard irs meal allowance protects your sensitive business information with bank-level encryption. Xero saves business owners time by streamlining processes and providing tools to accomplish financial tasks faster. Many business owners with a growth mindset prefer selecting and sticking with one accounting software solution. With cloud access, real-time reporting, multi-currency support, and no user limits, Xero simplifies financial management at every stage of growth. With built-in features like invoicing, bank reconciliation, financial reporting, and payroll, Xero helps you stay on top of your business finances without the stress of manual bookkeeping.
The Xero Projects app allows you to track time on the go, add start and end times and use a stop-start timer or location-based tracking for more accurate timekeeping. Time can be logged using a timer or a location-based job tracker on mobile devices. This unlocks features that record time, monitor project costs and display progress against budget in the financial dashboard.
Capture data automatically
Apps like Stripe, GoCardless, Vend, and Shopify connect seamlessly and sync your data with Xero to make it easier to run your business. Check out the Xero App Store to find, demo, and buy business apps that connect to Xero. The mobile app is free with every subscription, and is compatible with iOS and Android. You can also reconcile bank accounts and convert quotes to invoices.