Simple Accounting for Small Business
December 08, 2023

Simple Accounting for Small Business

Alan Fowle | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with Xero

We use Xero to manage invoicing of our clients and keep track of our spending.
We have lots of clients with varying amounts of spend each month and it allows up to keep trackof them and easily see what is outstanding.
  • Easy to create invoices
  • Recurring invoices with automated email invoicing
  • Simple dashboard showing the finance status
  • Our accountant can log in to do our end of year
  • Multiple users
  • as a non accountant - the reports can be difficult to get to where you need
  • an activity log of all users actions would be really handy
  • It takes us less than an hour a month to manage our accounts, making it well worth the money
  • Our account canb access our accounts and prepoare our year end with minimal involvment from us.
  • At a glance we can see how our business us doing at any given time
Oversll it is very easy to use.
It is a little harder when you have to do something new or less common and even then it is not always intuitive for non accountants.
The help section is OK, but even that can be confusing on more than one ocasion we have had to watch third-party videos to see how to do things.
As a virtual office wioth an independeant accountant being able to access Xero from anywhere has helped us be more efficient and reduce costs
we have integrated with GoCardless and that was easy

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

As a small business without an in-house accountant Xero make it easy for us to keep our accounts up to date and magae our customer billing without having to spend hours and hours pouring over paperwork.
Invoicing of customers is very easy and means we can send quotes and invoices to customer quickly and easily.
When payments come in the can be reconciled with a quick button-press which saves us loads of time over the month.

Xero Feature Ratings

Accounts payable
10
Accounts receivable
10
Cash management
Not Rated
Bank reconciliation
10
Expense management
10
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
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
Inventory tracking
Not Rated
Dashboards
6
Standard reports
6
Custom reports
Not Rated
Not Rated
Plug-ins
Not Rated
Not Rated
Role-based user permissions
Not Rated