Accounting software that does what I need it to
February 29, 2020

Accounting software that does what I need it to

Karen Tkaczyk | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Xero

Since 2015, Xero has been my company's accounting solution. It handles all my bookkeeping and reporting needs and handles multiple currency transactions beautifully. I use it mainly on the web from my office but find the Android app helpful when I need to manage things on the go. I am an independent contractor providing a service on a freelance basis, across borders.

Pros

  • Cloud-based with web and mobile app versions.
  • Supports multiple currencies
  • Great UI
  • Easy to navigate
  • Many reporting options

Cons

  • Response time for improvements
  • No response to the only feature request I ever made (and many other users have supported my request).
  • They changed the payroll services without prior notice. (outsourced to a partner for US payroll).
  • They changed pricing without notice.
  • Saved me time
  • Gave me peace of mind
  • Made tax preparation easier than my previous accounting software.
I selected Xero because it supported multiple currencies at a time when others did not.
I have recommended Xero many times to other freelance translators and interpreters as an excellent solution at a reasonable price. I have not regretted my choice to switch to Xero in 2015.

Xero Feature Ratings

Accounts payable
9
Accounts receivable
9
Cash management
9
Bank reconciliation
9
Expense management
9
Time tracking
Not Rated
Fixed asset management
9
Multi-currency support
10
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
Not Rated
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
9
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Dashboards
10
Standard reports
10
Custom reports
10
API for custom integration
Not Rated
Plug-ins
10
Role-based user permissions
10
Single sign-on capability
Not Rated

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