Cloud-based accounting software for small businesses.

Details

Free Trial

Starts at $20/mo
December 11, 2023
Features
Bank Reconciliation
Invoicing
Expense Management
Best For
Accountant
Bookkeeper
Small Business Owner
Financial Controller
Use Cases
Construction and Trades
Real Estate
Retail

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What is Xero?

Xero is a cloud-based accounting software designed specifically for small businesses. It offers an array of automated features to help save time and streamline business operations. With Xero, users can connect their bank account to automatically import transactions and keep their accounts up to date through bank reconciliation. The software allows for easy creation and sending of invoices, with automation for reminders and tracking of payments. Xero also provides expense management tools for efficient spending tracking and submission of expense claims. Additionally, it offers payroll software to calculate employee pay and deductions and project tracking features for quoting, invoicing, and job cost management. Xero enables inventory management by keeping track of stock levels and populating invoices and orders accordingly. The software works by integrating with various apps and services, such as Gusto for payroll and Hubdoc for document capture and data entry. Overall, Xero simplifies accounting processes by providing smart data and insights to make informed business decisions and offers customizable reporting for comprehensive financial management.

Xero Features

  • Bank Reconciliation

    Track and reconcile bank transactions to keep accounts up to date.

  • Invoicing

    Create and send invoices, automate reminders, and track payments.

  • Expense Management

    Manage spending and submit or reimburse expense claims.

  • Payroll

    Calculate pay and deductions for employees.

Xero Use Cases

  • Construction and Trades

    Streamline accounting processes for construction and trade businesses by sending quotes and invoices, tracking expenses, and managing jobs through Xero's construction accounting software.

  • Real Estate

    Simplify financial management for real estate businesses by efficiently managing rental properties, tracking expenses, and generating reports using Xero's real estate accounting software.

  • Retail

    Optimize inventory management, track sales, and generate comprehensive reports for retail businesses with Xero's retail accounting software.

Related Tasks

  • Bank Reconciliation

    Track and reconcile bank transactions to keep accounts up to date and accurate.

  • Invoicing

    Create professional invoices, automate reminders, and efficiently manage the billing process.

  • Expense Management

    Easily manage and track business expenses, including submitting and reimbursing expense claims.

  • Payroll Processing

    Calculate employee wages, deduct taxes and benefits, and generate accurate payslips.

  • Financial Reporting

    Generate customizable financial reports to gain insights into the financial health of your business.

  • Project Tracking

    Quote, invoice, and manage project-related expenses while monitoring costs and profitability.

  • Inventory Management

    Keep track of stock levels, automate inventory tracking, and streamline invoicing and ordering processes.

  • Purchase Orders

    Create and send digital purchase orders, ensuring efficient procurement and expense management.

  • Accountant

    Uses Xero for managing clients' financial data, reconciling accounts, and generating reports.

  • Bookkeeper

    Utilizes Xero to record and categorize financial transactions, reconcile bank accounts, and generate financial statements.

  • Small Business Owner

    Relies on Xero for invoicing clients, tracking expenses, managing payroll, and gaining insights to make informed business decisions.

  • Financial Controller

    Leverages Xero to oversee financial operations, analyze financial data, and ensure regulatory compliance.

  • Freelancer

    Utilizes Xero to manage invoicing, track project expenses, and monitor cash flow for their business.

  • Office Manager

    Uses Xero for managing accounts payable and receivable, reconciling bank transactions, and generating financial reports.

  • Project Manager

    Relies on Xero's project tracking feature to quote and invoice clients, track project costs, and monitor profitability.

  • Retail Store Manager

    Utilizes Xero for inventory management, tracking sales, and generating retail-specific reports to optimize operations and profitability.

Xero FAQs

Does my free trial include access to all features?

Yes, Xero's free trial includes access to all features.

Does Xero offer customer support?

Yes, Xero offers free, unlimited support 24/7 from their customer support team.

Can Xero help me manage my payroll?

Yes, Xero offers payroll software to help users calculate pay and deductions for employees.

Can Xero help me manage my inventory?

Yes, Xero offers inventory management software to help users keep track of stock levels and populate invoices and orders with items bought and sold.

Can Xero help me manage my expenses?

Yes, Xero offers expense management software to help users manage spending and submit or reimburse expense claims.

Can Xero help me manage my projects and jobs?

Yes, Xero offers project and job tracking software to help users quote, invoice, and get paid for jobs and keep track of costs and profitability.

Can Xero help me manage my purchase orders?

Yes, Xero offers purchase order software to help users create and send digital purchase orders.

Does Xero integrate with other apps and services?

Yes, Xero integrates with other apps and services such as Gusto for payroll and Hubdoc for document capture and data entry.

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