Xero Review
I work in a bookkeeping company that manages bookkeeping across a diverse range of clients from small to large business sizes. Xero is the …
Xero
Top Rated
Xero
Overview
Reviews
Popular Features
View all 44 featuresBank reconciliation (126)
8.9
89%
Accounts receivable (121)
8.6
86%
Accounts payable (120)
8.6
86%
Standard reports (121)
8.6
86%
Reviewer Pros & Cons
View all pros & cons
Pricing
View all pricingEarly
$11
Cloud
per month
Growing
$32
Cloud
per month
Established
$62
Cloud
per month
Entry-level set up fee?
- No setup fee
For the latest information on pricing, visithttps://www.xero.com/us/pricing-plans
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting / Integration Services
Features Scorecard
Payroll Management
8.3
83%
Customization
7.5
75%
Security
8.5
85%
Reporting & Analytics
8.1
81%
General Ledger and Configurable Accounting
7.9
79%
Inventory Management
6.2
62%
Order Management
7.7
77%
Product Details
What is Xero?
Xero is an online accounting software platform for small businesses and their advisors, as well as for personal finance. Xero competes most often with QuickBooks Online. Its features, beyond the ubiquitous general ledger and double-entry bookkeeping support, include invoicing with quotes, bank reconciliation, purchase order and expense management, tax management, and it is mobile-accessible. Xero integrates with over 800 third-party applications, covering everything from inventory and logistics to cash flow, project management, customer relationship management, e-commerce and more.
The product is sold by subscription (a distribution model commonly known as software as a service or SaaS) requiring the payment of a monthly fee. This charge is proportionate to the number (and type) of company entities managed by the subscriber. The lowest tiered pricing option is the $9 per month Starter pack, which supports unlimited users but a limited number of transactions. The $30 Standard pack breaks open usage limits and adds e-filing and payroll options. The $70 Premium package doubles the number of supported employees on payroll from 5 to 10, and supports multiple currencies.
The product is sold by subscription (a distribution model commonly known as software as a service or SaaS) requiring the payment of a monthly fee. This charge is proportionate to the number (and type) of company entities managed by the subscriber. The lowest tiered pricing option is the $9 per month Starter pack, which supports unlimited users but a limited number of transactions. The $30 Standard pack breaks open usage limits and adds e-filing and payroll options. The $70 Premium package doubles the number of supported employees on payroll from 5 to 10, and supports multiple currencies.
Xero Screenshots
Xero Video
Xero is beautiful accounting software for small businesses and their advisors. See your cashflow in real-time with online accounting, invoicing, payroll, billing & banking. Just login and see the difference. Sign up for a free trial at https://www.xero.com/signup/
Xero Integrations
Xero Competitors
Xero Technical Details
| Deployment Types | SaaS |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
Alternatives
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Frequently Asked Questions
What is Xero?
Xero is an online accounting software product for small businesses and personal finance. Its features beyond general ledger and double-bookkeeping include quotable invoicing, bank reconciliation, purchase order and expense management, and tax management. Third party apps can extend its features further.
What are Xero's top competitors?
Priority AccountEdge, QuickBooks Online, and Sage 50cloud Accounting (formerly Sage 50 Accounting) are common alternatives for Xero.
What is Xero's best feature?
Reviewers rate Bank reconciliation highest, with a score of 8.9.
Who uses Xero?
The most common users of Xero are from Small Businesses and the Accounting industry.
Reviews and Ratings
(141)
Ratings
Reviews
(1-25 of 141)Companies can't remove reviews or game the system. Here's why
December 13, 2021
Xero Review
I work in a bookkeeping company that manages bookkeeping across a diverse range of clients from small to large business sizes. Xero is the main accounting software we use for our clients and find it is suitable for a variety of business types and sizes. It manages the transactions, payables, receivables, BAS preparation, easy to use superannuation payments, and also has payroll (which if you have a complex payroll or timesheets with penalty rates then Xero is best used integrated with an external payroll software).
December 01, 2021
Best mid-range accounting software!
Xero is our accounting software that is used for all of our bookkeeping and financial reporting needs. It is able to handle multiple currencies and multiple entities which is important to our organization. We also really like the ability to customize the reports to fit our exact needs.
November 26, 2021
Xero to Hero!
Xero allows me to neatly and accurately keep my books in good order while storing all data in the cloud so it can be accessed anywhere. I use Xero for my [organization] for all bookkeeping, payroll, expenses[,] and taxation purposes. It also integrates with my point of sale which makes recording sales and revenue data extremely easy.
January 14, 2022
Xero is the Best.
Xero is our main accounting system. I have used multiple Accounting software and I like Xero the most. Xero is very user-friendly as I learned how to use it very quickly and it provides solutions for variable problems all in one place like bookkeeping and Bank reconciliation which are my favourite part as well. There are a lot of report features that are very useful to compare and analyse costs and revenues.
January 06, 2022
Affordable and Simple Small Business Accounting
Xero automates our small business accounting, making it easy to bring in transactions through bank feeds. Beyond that, Xero provides decent reporting for P/L and similar reporting needs of small businesses. Finally, we use Xero for vendor payments and to report 1099's at the end of the year.
January 04, 2022
Best Accounting Software for Businesses of All Sizes
I have a number of businesses that use Xero. For NonCam.com, we handle loads of multi-currency sales and payments to suppliers from different payment gateways. Accounting with other software used to be a huge hassle in terms of transaction reconciliation, but Xero makes this a breeze. Tasks that used to take hours now take minutes, and it is significantly much easier. The automated transaction matching, bank feeds, invoicing, the bill payments feature are among the most used features for my team.
December 21, 2021
From Xero to Hero
Our companies books and invoicing are run on Xero. Our accountant uses Xero in her firm too so the integration and remote managing of our accounts are simple and easy. I personally use Xero on both my MacBook and iPhone and all payments are made and recorded in Xero too. It is our full financial suite.
December 06, 2021
A honest Review of Xero Software
We had a Construction company in Albany New York and we used Xero for our Accounting software, we used it to keep track of our invoices and our expenses, like payroll and materials, we used Xero for all our Accountant needs, we had 7 employees and we handle multiple constructions projects.
Kanopy operates on a multi-subsidiary basis, internationally. Xero is both the legacy ERP system that accounting used prior to 2021, as well as the current system that Kanopy's Australia subsidiary uses to maintain its books. Xero works well as an international ERP and specifically is beneficial for companies where simple is better. Xero is not a highly sophisticated ERP, compared to things like NetSuite or MS Dynamics. Kanopy migrated to NetSuite in 2021 to better leverage customized solutions and a heavier bundle of APIs connecting with the ERP to integrate our business. Xero works great until a high degree of customization and connectivity is needed, and that's where it starts to fall when compared with the other bigger ones.
November 27, 2021
Xero
Xero allows us to manage the Bookkeeping for our clients in the cloud. It provides up-to-date information at an instant allowing us to assist our clients in more meaningful and relevant ways. Prior accounting software packages were often complex and the everyday business owner could not navigate their way around the platform with ease. Xero was really a game-changer allowing everyday people to access their accounts in a more meaningful way they could actually understand.
November 25, 2021
Xero is the current leader in ecommerce accounting, but Quickbooks is catching up fast
We use Xero for our accounting and bookkeeping, making it our single source of truth for all things financial within the entire company.
November 09, 2021
Xero - maybe not a life saver, but certainly a time saver
We use Xero for accounting, tax preparation, payroll and quoting/invoice management. It is an amazing one stop shop. If only they had a POS system as well it would be perfect.
September 22, 2021
Infinity is just Xero spelled backwards
We use Xero for our whole office. At the restaurant level, invoices are entered into PeachWorks. We have a program that integrates those invoices into Xero, putting each item into the correct account code. Our office assistant enters invoices that come to the office like water and electric bills. Then we print check directly from there, or batch payments to pay online.
We also Xero to integrate our sales from the restaurants. After bills are paid, we use multiple types of reporting features.
We also Xero to integrate our sales from the restaurants. After bills are paid, we use multiple types of reporting features.
September 14, 2021
How do people live without Xero?
We use Xero across multiple entities for managing our accounts, invoicing, payroll and paying taxes.
Our accountants then have direct access to our business information and are able to prepare our annual accounts as soon as the tax period has ended.
September 11, 2021
Xero - the best and easiest accounting software I have used in 35 years of finance
We are a golf tour operator and I use Xero for all accounting in the business including sales and purchases and payroll. My Accountant has access to it for formal accounting functions and for advising us.
September 05, 2021
Four-Year Xero User
Swapped Sage 50 for Xero around 4 years ago and haven't looked back since. Saves much time and effort, as well as being significantly cheaper than Sage. We integrate with several other pieces of software which plug into Xero that have allowed us to streamline several different processes. Would highly recommend it.
September 02, 2021
The discipline enforcer, which also makes me smile
I use Xero for all sales and bills, with assistance from a Xero skilled remote accountant.
December 12, 2021
Founder/CEO
Xero answers business problems by giving small businesses a better, cheaper way to manage their finances. Xero is an online accounting system that handles many businesses' accounting needs and assists with some financial planning as well. We use it to manage the books for Nyambose Corporation.
First, I want to say, overall I LOVE XERO. Several years back, I made a business decision to only offer Xero. When we have clients who use other software, they have to agree to switch to Xero. Xero is good for training for new employees and business owners. The concept of money spent and receive helps business owners understand. The reporting is great. The reason I did not give them a 10 out of 10 is due to customer service. I wish similar to another larger company there was LIVE support. You can go weeks and never get anyone to respond. Xero loves responding with a video. This is great for larger firms. A company my size does not have the time to view a video, just provide the answer.
November 30, 2021
xero saves time
We use Xero to keep a track of all our bills and pay them, To reconcile every transaction done through our bank account, keep a track of all invoices owed to us, and pay all of our employees.
December 20, 2021
Xero - Amazing Accounting Software
I use Xero not only for my accounting and tax purposes but also to link my employee's timesheet from another software Deputy for my accountant to do the payroll. Xero allows business owner[s] such as myself to check on my monthly P & L reports, as well as various different reports to gain a better understanding of my business cash flow and expenses.
September 02, 2021
Xero is perfect for our small organization!
Currently, we use Xero across the whole organization. At the department level, it's used to generate budget variance reports for various department heads to track and monitor the annual budget and actual spend to date. Organization-wide, it's our primary accounting system. We use it to create IS, BS, CF, etc., and to generate GL, JE, etc. for our auditors and tax preparers. The application is also synced with our bank accounts so we get real-time account balances. It's also integrated with other systems we use, including Expensify (used for employee reimbursement and corporate card purchases).
December 23, 2021
XERO review
Xero is used in the business for both accounts payable and receivable. We submit our timesheets through Xero and receive all payslips and leave information through there as well. We also use Xero for all of our invoicing when enrolling students. Xero also gives us the ability to generate template invoices as well as third-party invoices when needed.
December 23, 2021
Simple Xero
We use Xero internally for expensing and reimbursing employee expenses. We also use it as a quote and invoice generator. It allows us to quickly and easily track and payout expenses and can generate simple quotes quickly.
December 21, 2021
New to accounting? New business? Xero is easy and understandable...unlike the others.
I use Xero to cash code, reconcile, and prepare financial statements for my clients. I have previously lost a client because Xero didn't have the capability to provide WIP inventory support. They didn't want to pay for yet another app to manage a small inventory/manufacturing process.