Don’t forget about the multi-currency support, which lets you accept payments from international clients. Xero is a cloud-based accounting software product that’s easy to use and integrates with more than 1,000 apps. Xero includes extensive features that make it suitable to handle complex accounting processes for small- and medium-sized businesses as well as larger ones. The software makes it easy to pay bills, claim expenses, accept payments, track projects, manage contracts, store files and more. Xero is a great option for large teams and small- to medium-sized businesses that need high-level accounting systems.
Xero’s accounting software is highly rated among small businesses. Read our 2024 Xero review to find out if it’s the right solution for your business. Access Xero features for 30 days, then decide which plan best suits your business. All pricing plans cover the accounting essentials, with room to grow. Use Xero accounting software to hop online with your employees, bookkeeper, or accountant – even if you’re on opposite sides of the world.
- Keep in mind that the ability to use multiple currencies in the software and invoice is limited to the company’s highest tier, at $70 per month.
- The software makes it easy to pay bills, claim expenses, accept payments, track projects, manage contracts, store files and more.
- Use the demo company to explore Xero’s features, or enter your own business details and data to try it out for real.
The tool also lets you adjust the time frame to see how your business has changed over time. Payments are due by the end of your monthly billing period based on the date you purchased your subscription. Keep your practice a step ahead with Xero accounting software. An accountant or bookkeeper can be useful set of the difference between accounts payable vs accounts receivable hands to help with the accounting heavy lifting. While it claims it has 24/7 online support, what it really means is that it has an online community you can ask questions in. If you need to speak with a person, you can only do so between 9 a.m.
You can enter five bills on the base plan, but this becomes unlimited on the higher plans. Entering these bills is easy thanks to receipt capture with Hubdoc. This helps you see when all your bills are due and schedule batch payments accordingly. Xero, on the other hand, lets you customize your invoices with your own logo and text. You can also set automatic reminders so you don’t have to chase down your clients. Xero also uses Stripe as well as GoCardless, so it can take ACH debit payments as well.
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For a smooth transition and best results, we recommend working with an accountant or bookkeeper, preferably one with Xero experience, when you make the move to Xero cloud accounting software. Each month, Xero sends you a link to your subscription invoice with easy ways to pay for your accounting software. You can pay it using Visa or Mastercard debit or credit cards, or by direct debit. The payment date depends on when you signed up to a pricing plan.
Xero Review 2024: Features, Pricing & More
Accounting online with Xero will protect your data through multiple layers of security, such as encryption. Give your team access to Xero’s software and invite your advisor to collaborate. However, if you’re looking to switch from one program to another, you may be able to download your data and migrate it into the new software. Sage is a little more difficult to maneuver, but since it has fewer features, it can ultimately be easier to learn. Xero can be easier to use for beginners, as it has a user-friendly layout. Instead, customers can visit the Xero Central support site or raise a case online.
Accounting software
Additionally, Units Consulting Ltd. offers prepare documentation and procedures, quarterly reviews and year-end adjusting journal entries, and ongoing support services. Easily create and send invoices and automate invoice reminders for a quicker, hassle free payment. Users that are new to bookkeeping won’t be overwhelmed by Xero’s simple and easy-to-navigate layout. This layout makes the reconciliation process, among other accounting tasks, particularly easy. The software shows you potential transaction matches side by side, so you can immediately see if the match is accurate without having to click anything. Our partners cannot pay us to guarantee favorable reviews of their products or services.
And if you don’t like how the dashboard looks, you can reorganize panels and hide the ones that aren’t useful. You can also scroll through Xero’s default chart of accounts and customize it as needed, or import an already existing chart of accounts. If you have a list of customers and suppliers, you can import that, too. Our Xero training (in Russian) can be tailored to suit your needs in Ukraine and is fully flexible to fit around your staff. We find that this enables us to train you on parts of the software you should be using and ignoring parts that are not relevant to your business. Our Ukrainian and Russian speaking Xero professionals have years of experience in using Xero Cloud Accounting Software in Ukraine.
After a 30-day trial period, Xero will bill a monthly charge of $13 per month for the Early plan, $37 per month for the Growing plan and $70 per month for the Established plan. For free invoicing platforms, consider Zoho Invoice, Square Invoices or PayPal Invoicing, although these platforms provide fewer capabilities. If you’re looking for an accountant who specializes in Xero, you can search for an accounting advisor through their website by location and industry. Sync Xero with software you already love or easily find and try new apps designed to save your business time and money at the Xero App Store.