Xero Reviews and Ratings

Use Cases and Deployment Scope

We use Xero for sending invoice, accounts receivable & payables, payroll, BAS& IASs. It helps streamline financial processes, reduce manual errors, and provides clear financial reporting. Our team uses Xero to handle company accounts and reporting

Likelihood to Recommend

Very good for Small to Medium Businesses & cloud based

Use Cases and Deployment Scope

We use Xero for all our accountancy purposes, except payroll. It allows us to manage our invoices, reconcile with the bank accounts, log all our receipts and it produces our end of year accounts, as well as files our VAT returns quarterly. We also use it to view reports such as profit and loss.

Likelihood to Recommend

Xero is well suited to most small businesses, from the very small (but who have outgrown maybe a spreadsheet situation) to the quite large. it is maybe overkill for a sole trader with a small turnover but when the changes for reporting tax come in, Xero will be very valuable to nearly everyone as it can handle the submitting of information to HMRC.

Use Cases and Deployment Scope

We use Xero for all our accounting and reporting requirments. We also us it for our regulatory reporting requirmenents like BAS and tax returns etc. We don't us the AP or Invoicing - we do that via Stripe (Didn't that cuase some problems!) We get the income and overheads into Xero through our bank feeds.

Likelihood to Recommend

It's good for any small to medium business. It allows you to process as much or as little as you want in house and have external parners access the platfrom to complete other tasks such as book keeping and accounting services. They handled their new partnership with Stripe ery poorly - accessign our Stripe account without authorization from us and set up a new entity in Stripe when we already had our entity in there.

Use Cases and Deployment Scope

Xero allows me to organize and view my business metrics easily.

Likelihood to Recommend

As a small business it is important to be able to see a comprehensive snapshot of my finances and Xero provides that.

Use Cases and Deployment Scope

It is our financial system of record, all transactions are done via Xero. All bank recons, VAT/PAYE reporting, budget management, annual reports etc. Invoicing, follow-ups etc.

Likelihood to Recommend

I work with a number of small to medium-sized businesses, and Xero allows for decision-making.

Use Cases and Deployment Scope

We use Xero as our accounting tool. We don't have any 1099 employees or contractors so our business is pretty straightforward. We just want to know what our margins are, what our revenue and expenses are so that we can keep track of our progress and then file for taxes at the end of year.

Likelihood to Recommend

We have just 5 employees all W2 so sycning that with Gusto has been a breeze. We have about a 1mil annual revenue and a number of expense streams and Xero does a great job of remembering them so we just have to select "ok" and it adds everything. Really easy to use and add items, I just wish there were a couple more reports for business tracking.

Use Cases and Deployment Scope

Xero is mainly used for accounting purposes. It helps in the seamless management of the accounts and also helps in payroll, accounts receivable and accounts payable accounting also. Xero is very user friendly and the interface always helps in navigating through the records easliy. The Reporting is also very good which helps in extracting the numbers as and when needed

Likelihood to Recommend

More suited for bookkeeping. Recording the daily financial transactions. Syncing the bank transactions into the software. Sending invoices to the customers, automation of accounting, like recurring invoices, accepting the payments. Payroll management within the software and generating the desired reports.Xero is having limited inventory supported module and consolidation module on multi currency is not supported well

Use Cases and Deployment Scope

We use Xero as our accounting software for our website business. It is a mid size business. We use it to process all our invoices, payments, and payables. It is very user friendly and intuitive. Navigation within Xero is easy and we can access all the reports we need for tracking business activities. Also our payroll software integrates to Xero without issues.

Likelihood to Recommend

I recently recommended Xero to a friend for her new start up

business. Xero has all of the accounting tools needed and the layout is easy to

navigate. Xero is also responsive to questions and will walk you through

solving problems that arise.

Use Cases and Deployment Scope

Xero provides us with a quick and easy way to provide bookkeeping services to our clients. It is highly customizable and allows for quick reconciliation of bank and credit card transactions. The ability to send a customizable list of unreconciled transactions directly to our clients is a very easy way to clear outstanding items.

Likelihood to Recommend

Xero seems to be much more customizable and user friendly than QuickBooks Online. It's features allow us to complete client bookkeeping much quicker than we could before using Xero. I haven't yet come across another option for online bookkeeping that beats the features and functionality that Xero has to offer.

Use Cases and Deployment Scope

We use Xero to invoice our clients, track our financial data and submit reports to HMRC. We also use integrations with our bank feed and payment processors (Stripe and GoCardless), in order to reconcile transactions and automate recurring payments from our clients, either using a saved credit card or Direct Debit.

Likelihood to Recommend

Overall it works well if you have a professional bookkeeper and accountant to support you, however it's difficult to learn and not very user-friendly if you are a business owner looking to handle all the bookkeeping yourself.