Xero

Beautiful, powerful accounting software for small businesses.

xero.com

Meet Xero

Xero is an easy-to-use, cloud-based accounting software for small businesses and their advisors. It brings all financial information into one powerful platform, automating routine tasks like bank reconciliation, invoicing, and bill payments. Xero is known for its robust double-entry accounting model and strong reporting capabilities, making it a favorite among accountants and bookkeepers. It includes features for expense claims, inventory tracking, and multi-currency accounting on premium plans.

Key features

• Bank Reconciliation: Automated matching of bank transactions to invoices and bills, with strong rules for classification.
• Invoicing & Billing: Create, send, and manage invoices and bills, with unlimited numbers on most plans.
• Inventory & Reporting: Track inventory, manage projects, and generate comprehensive financial reports (P&L, balance sheets, etc.).
• Multi-Currency & Payroll: Support for multiple currencies (Premium plan) and payroll (in select regions like the US, UK, AU, NZ).
• Unlimited Users: All plans allow unlimited users, such as business owners, bookkeepers, and accountants, at no extra cost.

What it's used for

Managing a small business's day-to-day bookkeeping and accounting. Collaborating with an accountant or bookkeeper seamlessly. Handling international business with multi-currency support.

Pricing

Paid No free plan, but offers a 30-day free trial. Paid plans: Starter ($29/mo, with transaction limits), Standard ($46/mo, unlimited transactions), and Premium ($69/mo, adds multi-currency and payroll). All plans include unlimited users.

Platforms

• Web
• iOS
• Android

Who is it for?

Small to medium-sized businesses and their accountants who need a powerful, comprehensive, and collaborative accounting solution.

Try it today

xero.com