Review of Xero: Features and Pricing of the Top 2016 Accounting Software

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Xero is an online accounting software for small businesses. It is used by more than 700,000 subscribers around the world. You can get a real-time view of your cashflow by logging into the app anytime, anywhere, on any device to see up-to-date financials. The mobile app is a boon for those who have to visit the field as they can reconcile, create expense claims, and send invoices from anywhere.

You can use Xero to send online invoices to your customers, and get notification when they’re opened. The app imports and categorizes your latest bank transactions. You simply need to click OK to reconcile. Xero is based in New Zealand and is the market leader in the cloud accounting software category in its native land, as well as Australia and UK. It was named the World’s Most Innovative Growth Company in 2014 and 2015 by Forbes magazine.

xero

Benefits of Xero

  • You can access your accounts online anytime from anywhere using your mobile phone (iPhone/iPad/Android) or tablet
  • Beautiful design makes it easy to use
  • Collaborate with your team members and accountant. You decide what each person can see.
  • Integrates with 500+ third-party apps
  • You can convert easily from QuickBooks and Sage
  • Free unlimited users
  • Get better visibility of your cashflow with real-time data
  • Keep your accounting data safe and secure
  • Reduce the time needed to keep your accounts up to date
  • Simple bank reconciliation
  • Software updates are free and offered when you log in
  • The vendor offers unlimited email support

Overview of Xero Features

  • Smart lists – segment contacts based on purchase history
  • Receive bills electronically
  • Quick and easy 1099s
  • Purchase orders
  • Payroll
  • Online accounting – access Xero anytime, anywhere
  • Multi-currency
  • Mobile apps (Android, iPhone/iPad)
  • Log in from anywhere
  • Invoicing – create and send invoices automatically
  • Inventory
  • Free, unlimited email support
  • Financial reporting
  • Files – attach documents to your financial data
  • Expense claims
  • Dashboard – instantly view your bank balances, bills, and sales
  • Contacts – keep track of suppliers and customers
  • Bank reconciliation – automatically import and code transactions
  • Add-ons – choose from a vast range of powerful add-ons

Pricing of Xero

Xero offers a 30-day free trial and three pricing plans:

  • Starter: $20/month
  • Standard: $30/month
  • Premium: $40/month

Common Features

  • Create and send quotes and invoices
  • Create purchase orders and bills
  • Reconcile bank transactions
  • Unlimited, free 24/7 support
  • Unlimited users
  • File storage
  • Integration with 500+ apps
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About Author

Kate Stephens is a young and creative graphic designer as well as the mastermind behind AlternativesFinder.com her own startup company aimed at providing customers with reliable and often cheaper alternatives to various popular brands and products from all possible markets.

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