Overall Satisfaction with Xero
We use Xero for bookkeeping, accounting, payroll, and tracking cash flow in the business. It brought a lot of order and clarity in the bookkeeping and simplified the task. It actually makes accounting less daunting and provides us with key reports with just one click. It allows us to have a finger on the pulse and to see trends. We can also pay superannuation directly from Xero which makes it really simple and efficient and avoid missing deadlines. Overall, Xero removes the friction for accounting and fiance management.
- Bookkeeping with direct feeds from bank accounts.
- A simple and elegant user interface.
- A variety of specific reports.
- Makes reconciliation a breeze.
- Lodge Activity statement.
- Payroll management.
- Integrates well with Stripe.
- Superannuation contribution payments
- Can upload receipt/scan receipts to have everything in one place for bookkeeping
- Sometimes bank feeds disconnect for no obvious reason.
- Could provide graphic charts in addition to number reports to make it more visual.
- Time and cost saving in accounting fees.
- Greater clarity in financials.
- Real-time tracking of cashflow
- Provided Customised reports.
- Better Budgeting.
- Forecasting income.
- Better management of account receivables.
- Facilitate tax preparation and planning.
- Simplified and streamlined bookkeeping as everything is is on place.
- Knowing in real-time the financial position of the business in terms of cashflow.
It has definitely saved a lot of time and effort and it has streamlined the accounting process. Sharing our Xero file with our accountant has been a major time saver and dramatically helps reduce bookkeeping errors. It is easier to create a budget and make forecasts and track the performance of business. Being able to lodge all the payroll payments, superannuation contributions, BAS from Xero directly has saved a lot of time.
Do you think Xero delivers good value for the price?
Yes
Are you happy with Xero's feature set?
Yes
Did Xero live up to sales and marketing promises?
Yes
Did implementation of Xero go as expected?
Yes
Would you buy Xero again?
Yes
Xero Feature Ratings
Using Xero
Pros | Cons |
---|---|
Like to use Relatively simple Easy to use Technical support not required Well integrated Consistent Quick to learn Convenient Feel confident using Familiar | None |
- Automatic Bank reconciliation feed
- Activity statement reports
- Payroll
- Superannuation payments
- Entering expense receipts
Yes - It works wells for reconciliation and checking the current status of accounts receivables. The App is clean, easy to use to quickly check what's happening. I don't use the App to create and send invoices, because I prefer a large screen, s I do that on my desktop. The mobile app is very useful to capture receipts, make a digital copy, and file them for bookkeeping purposes.