Xero Features

Xero

Accounting Software for SMBs

4.32/5 (1,975 reviews)

Xero Features In Depth

Bank Reconciliation

All financial transactions are automatically imported into the Xero database and linked to the corresponding accounting transactions. All the user has to do in order to confirm that the match is correct, is to press the “OK” button and the transaction will be reconciled in the system. Users who need to import feeds from more bank accounts, credit cards and PayPal accounts, will be happy to know that Xero can do this in a few minutes.

Xero also lets you reconcile more complex transactions, such as split payments, by defining your own custom rules. Furthermore, this feature includes fast cash coding, providing the ability to import and automatically reconcile pre-coded bank statements. This is the perfect tool for reconciling large numbers of transactions and for importing data from other systems.

Dashboard

The Xero dashboard is where business owners can get a complete picture of their key accounts, income and expense reports, upcoming bills and pending invoices. This feature provides a valuable overview that gives users a clear understand of all their company’s financial activities in a glance. Moreover, certain accounts can be watch-listed and monitored in greater detail by enabling notifications.

The layout of the dashboard makes it easy to use and navigate, while the intuitive graphs provide a visual understanding of key data that helps users compare account activity in a more tangible way. The dashboard not only displays data, it also allows you to perform tasks such as adding accounts, bills and issuing invoices by clicking on the corresponding buttons.

Invoicing

Xero’s invoicing system forms an important part of the accounting suite letting you generate and customize professionally branded invoices. The customization options include the addition of your company’s logo, foreign currency conversion, and the ability to save different templates to be used for separate clients.

The online invoicing system can issue invoices for payments that come from PayPal accounts, bank transfers or credit cards, with no country-related exceptions. One of the key features of Xero’s invoicing tool is the notification system that alerts you when your invoice has been opened by the recipient, eliminating any confusion over “lost invoices”.

If the payee is based in a foreign country and using a different currency, Xero will undertake the task of automatically converting the invoice into the currency used by the client. This means that you never have to worry about calculating exchange rates. Xero covers over 160 currencies and automatically updates exchange rates every hour.

Add-On Marketplace

There are many activities related to running a small business outside of bookkeeping and accounting, however most of these activities are interlinked in some way. Many small businesses already use a number of other systems such as CRMs, inventory management tools, time trackers, receipt scanners and so forth. Importing all this data from multiple apps to Xero can seem like a daunting task, however this is made hassle-free through the some 500 plus add-ons offered on the Xero Marketplace.

The marketplace provides easy navigation and search options that let users find what they are looking for fast. Add-ons are listed across 15 horizontal categories and 11 industry verticals. The Xero Marketplace is your one-stop source for all integration needs, with seamless integration offered between Xero and any app you sign-up for on the marketplace.

Automatic Updates

For a system that holds strictly private information in the cloud, it is of the utmost importance to remain secure and impenetrable by hackers and other malevolent attackers. Xero developers are perfectly aware of this potential security threat and for this reason provide a dedicated security team whose job it is to keep your data safe on a daily basis.

As users go about their daily business, the Xero team are busy providing constant improvements to their service, adding small adjustments and new features on a constant basis. New features are added every 3-6 weeks to ensure that the efficiency of the app and your user experience are always at the most optimal level.

Competitor Feature Comparison

"What If" Scenarios
401(k) Tracking
ACH Payment Processing
API
Access Controls/Permissions
Accounting
Accounts Payable
Accounts Receivable
Accrual Accounting
Activity Dashboard
Activity Tracking
Ad hoc Reporting
Alerts/Notifications
Approval Process Control
Approval Workflow
Asset Accounting
Asset Tracking
Assignment Management
Audit Trail
Automated Quoting
Automated Scheduling
Automatic Backup
Automatic Billing
Bank Reconciliation
Benefits Management
Billing & Invoicing
Billing Portal
Budgeting/Forecasting
CPA Firms
Calendar Management
Case Management
Cash Flow Management
Cash Management
Cataloging/Categorization
Charting
Check Printing
Check Processing
Check Writing
Client Management
Client Portal
Collaboration Tools
Collections Management
Compliance Management
Consolidation/Roll-Up
Construction Breakdowns
Contact Database
Contact Management
Contingency Billing
Contract/License Management
Cost Tracking
Credit Card Processing
Cross Ledger Posting
Currency Conversion
Customer Database
Customer History
Customer Segmentation
Customer Statements
Customizable Branding
Customizable Invoices
Customizable Reports
Customizable Templates
Dashboard Creation
Data Import/Export
Depreciation Management
Direct Deposit
Discount Management
Document Management
Document Storage
Document Templates
Drag & Drop
Due Date Tracking
Dunning Management
Duplicate Payment Alert
Electronic Payments
Email Management
Email Templates
Expense Claims
Expense Management
Expense Tracking
Fee Calculation & Posting
Financial Analysis
Financial Management
Financial Reporting
Fixed Asset Management
For CPA Firms
For Government
Forecasting
Fraud Detection
Fund Accounting
General Ledger
Goal Setting / Tracking
Hourly Billing
Income & Balance Sheet
Interaction Tracking
Inventory Control
Inventory Management
Inventory Optimization
Inventory Tracking
Invoice Creation
Invoice History
Invoice Management
Invoice Processing
Job Costing
Kitting
Match & Merge
Mobile Access
Mobile Payments
Mobile Receipt Upload
Monitoring
Multi-Channel Management
Multi-Company
Multi-Country
Multi-Currency
Multi-Language
Multi-State
Multiple Projects
Nonprofits
Online Invoicing
Online Payments
Order Management
Order Processing
Order Tracking
Overpayment Processing
Overrun Reporting
Partial Payments
Payment Processing
Payroll Management
Payroll Reporting
Performance Metrics
Price / Margin Management
Pricing Management
Product Configurator
Product Identification
Profit/Loss Statement
Progress Tracking
Project Accounting
Project Billing
Project Management
Purchase Order Management
Quotes/Estimates
Real Time Data
Real Time Reporting
Receipt Management
Receivables Ledger
Recurring/Subscription Billing
Reimbursement Management
Reorder Management
Reporting/Analytics
Requisition Management
Retail Inventory Management
Revenue Recognition
Sales Reports
Sales Tax Management
Search/Filter
Self Service Portal
Shipping Management
Sourcing Management
Spend Management
Staff Management
Status Tracking
Stock Management
Supplier Management
Tax Calculation
Tax Compliance
Tax Management
Template Management
Third Party Integrations
Time & Expense Tracking
Time Tracking
Transaction History
Vacation/Leave Tracking
Vendor Management
W-2 Preparation
Wage Garnishment
Warehouse Management
Learn moreCompare App
"What If" Scenarios
401(k) Tracking
ACH Payment Processing
API
Access Controls/Permissions
Accounting
Accounts Payable
Accounts Receivable
Accrual Accounting
Activity Dashboard
Activity Tracking
Ad hoc Reporting
Alerts/Notifications
Approval Process Control
Approval Workflow
Asset Accounting
Asset Tracking
Assignment Management
Audit Trail
Automated Quoting
Automated Scheduling
Automatic Backup
Automatic Billing
Bank Reconciliation
Benefits Management
Billing & Invoicing
Billing Portal
Budgeting/Forecasting
CPA Firms
Calendar Management
Case Management
Cash Flow Management
Cash Management
Cataloging/Categorization
Charting
Check Printing
Check Processing
Check Writing
Client Management
Client Portal
Collaboration Tools
Collections Management
Compliance Management
Consolidation/Roll-Up
Construction Breakdowns
Contact Database
Contact Management
Contingency Billing
Contract/License Management
Cost Tracking
Credit Card Processing
Cross Ledger Posting
Currency Conversion
Customer Database
Customer History
Customer Segmentation
Customer Statements
Customizable Branding
Customizable Invoices
Customizable Reports
Customizable Templates
Dashboard Creation
Data Import/Export
Depreciation Management
Direct Deposit
Discount Management
Document Management
Document Storage
Document Templates
Drag & Drop
Due Date Tracking
Dunning Management
Duplicate Payment Alert
Electronic Payments
Email Management
Email Templates
Expense Claims
Expense Management
Expense Tracking
Fee Calculation & Posting
Financial Analysis
Financial Management
Financial Reporting
Fixed Asset Management
For CPA Firms
For Government
Forecasting
Fraud Detection
Fund Accounting
General Ledger
Goal Setting / Tracking
Hourly Billing
Income & Balance Sheet
Interaction Tracking
Inventory Control
Inventory Management
Inventory Optimization
Inventory Tracking
Invoice Creation
Invoice History
Invoice Management
Invoice Processing
Job Costing
Kitting
Match & Merge
Mobile Access
Mobile Payments
Mobile Receipt Upload
Monitoring
Multi-Channel Management
Multi-Company
Multi-Country
Multi-Currency
Multi-Language
Multi-State
Multiple Projects
Nonprofits
Online Invoicing
Online Payments
Order Management
Order Processing
Order Tracking
Overpayment Processing
Overrun Reporting
Partial Payments
Payment Processing
Payroll Management
Payroll Reporting
Performance Metrics
Price / Margin Management
Pricing Management
Product Configurator
Product Identification
Profit/Loss Statement
Progress Tracking
Project Accounting
Project Billing
Project Management
Purchase Order Management
Quotes/Estimates
Real Time Data
Real Time Reporting
Receipt Management
Receivables Ledger
Recurring/Subscription Billing
Reimbursement Management
Reorder Management
Reporting/Analytics
Requisition Management
Retail Inventory Management
Revenue Recognition
Sales Reports
Sales Tax Management
Search/Filter
Self Service Portal
Shipping Management
Sourcing Management
Spend Management
Staff Management
Status Tracking
Stock Management
Supplier Management
Tax Calculation
Tax Compliance
Tax Management
Template Management
Third Party Integrations
Time & Expense Tracking
Time Tracking
Transaction History
Vacation/Leave Tracking
Vendor Management
W-2 Preparation
Wage Garnishment
Warehouse Management
Visit WebsiteCompare App
"What If" Scenarios
401(k) Tracking
ACH Payment Processing
API
Access Controls/Permissions
Accounting
Accounts Payable
Accounts Receivable
Accrual Accounting
Activity Dashboard
Activity Tracking
Ad hoc Reporting
Alerts/Notifications
Approval Process Control
Approval Workflow
Asset Accounting
Asset Tracking
Assignment Management
Audit Trail
Automated Quoting
Automated Scheduling
Automatic Backup
Automatic Billing
Bank Reconciliation
Benefits Management
Billing & Invoicing
Billing Portal
Budgeting/Forecasting
CPA Firms
Calendar Management
Case Management
Cash Flow Management
Cash Management
Cataloging/Categorization
Charting
Check Printing
Check Processing
Check Writing
Client Management
Client Portal
Collaboration Tools
Collections Management
Compliance Management
Consolidation/Roll-Up
Construction Breakdowns
Contact Database
Contact Management
Contingency Billing
Contract/License Management
Cost Tracking
Credit Card Processing
Cross Ledger Posting
Currency Conversion
Customer Database
Customer History
Customer Segmentation
Customer Statements
Customizable Branding
Customizable Invoices
Customizable Reports
Customizable Templates
Dashboard Creation
Data Import/Export
Depreciation Management
Direct Deposit
Discount Management
Document Management
Document Storage
Document Templates
Drag & Drop
Due Date Tracking
Dunning Management
Duplicate Payment Alert
Electronic Payments
Email Management
Email Templates
Expense Claims
Expense Management
Expense Tracking
Fee Calculation & Posting
Financial Analysis
Financial Management
Financial Reporting
Fixed Asset Management
For CPA Firms
For Government
Forecasting
Fraud Detection
Fund Accounting
General Ledger
Goal Setting / Tracking
Hourly Billing
Income & Balance Sheet
Interaction Tracking
Inventory Control
Inventory Management
Inventory Optimization
Inventory Tracking
Invoice Creation
Invoice History
Invoice Management
Invoice Processing
Job Costing
Kitting
Match & Merge
Mobile Access
Mobile Payments
Mobile Receipt Upload
Monitoring
Multi-Channel Management
Multi-Company
Multi-Country
Multi-Currency
Multi-Language
Multi-State
Multiple Projects
Nonprofits
Online Invoicing
Online Payments
Order Management
Order Processing
Order Tracking
Overpayment Processing
Overrun Reporting
Partial Payments
Payment Processing
Payroll Management
Payroll Reporting
Performance Metrics
Price / Margin Management
Pricing Management
Product Configurator
Product Identification
Profit/Loss Statement
Progress Tracking
Project Accounting
Project Billing
Project Management
Purchase Order Management
Quotes/Estimates
Real Time Data
Real Time Reporting
Receipt Management
Receivables Ledger
Recurring/Subscription Billing
Reimbursement Management
Reorder Management
Reporting/Analytics
Requisition Management
Retail Inventory Management
Revenue Recognition
Sales Reports
Sales Tax Management
Search/Filter
Self Service Portal
Shipping Management
Sourcing Management
Spend Management
Staff Management
Status Tracking
Stock Management
Supplier Management
Tax Calculation
Tax Compliance
Tax Management
Template Management
Third Party Integrations
Time & Expense Tracking
Time Tracking
Transaction History
Vacation/Leave Tracking
Vendor Management
W-2 Preparation
Wage Garnishment
Warehouse Management
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Mobile apps

iOS App


483 reviews

Requires iOS 13.0 or later. Compatible with iPhone, iPad, and iPod touch.

Android App


4,411 reviews

Xero Feature Reviews

25 reviewers had the following to say about Xero's features:

Aaron K.

Great software, but wish it had in built integrations with Shopify

2020-09-25

Pros

Easy to generate reports and bookeeper to reconsile

Cons

Lack of integration with Shopify for invoice/inventory management.

Rating breakdown

Value for money
Ease of use
Features

Time used: 1-2 years

Frequency of use: Monthly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Viktor G.

Very strong solution for small to medium-sized businesses - fantastic for eCommerce

2018-05-15

Wonderful for customizable reporting and tax software irrespective of location - can be customized for Canada, US, AU/NZ and many locations with great accuracy.

Pros

-Ability to encode in bulk -Assigning users to specific, very defined roles -Amazing multi-currency support, and implementation of said feature for tax calculation -Customizable reports

Cons

-Importing limit of 1,000 transactions per statement is a bit unfortunate -populating database with many, many contacts and transactions significantly slows down loading of reports, accounts -No ability to backup reports -No ability to remove payment links from online invoices

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Monthly

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Daryl K.

Xero make accounting very easy even if you're a newbie.

2017-11-14

I got to try out the trail version and I'm impressed at what the capabilities are.

Pros

- Best advantage above some other great cloud accounting systems is the multi currency feature - Great invoicing features: send automated invoice reminders, customize templates, bulk invoicing. - Inventory: Bulk import, best seller tracking, untracked and tracked items. - Connect Apps to increase effective accounting, inventory management or sales.

Cons

- Some like cloud based systems, others don't. Thing is you have to have an internet connection in order to work. - For enterprise purposes, you might look for a more advanced system. But this software covers almost every aspect of running a good business.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: Free Trial

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Software Advice
Helpful?   Yes   No
Read more
Tammy A.

Web Based Accounting Software

2018-06-20

Pros

Web based accounting software that covers many aspects including Core accounting, fund accounting, expense management, budgeting and forecasting, financial reporting, project accounting, billing and invoicing and payroll management.

Cons

Learning the system was a task but after learning all that it had to offer and how to use it this software is an asset to our firm!!!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Software Advice
Helpful?   Yes   No
Read more
Anonymous
VP of Sales & Marketing (Information Technology and Services company, 11-50 employees)
Verified Reviewer

Simple Accounting system

2016-05-26

We moved to Xero to replace Quicken and our expense tracking software.

Pros

*Simple Invoicing *Simple Expense Reporting, including mobile app for real-time receipt capture *Great system

Cons

*Very few *Wish we could setup email triggers so that when invoices were marked paid by someone on the team, others could automatically be notified

Rating breakdown

Value for money
Ease of use
Customer support

Time used: 1-2 years

Source: GetApp
Helpful?   Yes   No
Read more
Asher J.

Xero is a superb accounting package

2021-06-07

I have used Xero daily for 6 years, and it continually impresses me. I have recommended this software to many many people, and have converted several to Xero from QB etc.

Pros

Xero's financial reporting is simply the best in it's level of online accounting packages.

Cons

Team it up with Dear Inventory Systems for a top class inventory tracking and invoicing, accounting solution.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Alex H.

good software, let down by dated design interface and unstable bank feeds.

2017-07-12

Improved accounting efficiency and integration with CRM and project management tools.

Pros

Features, comprehensive payment options, customization of invoices, integrations, quotes system, price.

Cons

Dated looking design, bank feeds occasionally fail, slow to respond and implement feature requests from the community,

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Dan C.

Almost useless if you actually ship stuff for a business

2018-11-27

We looked on the user forum and found thousands of exasperated feature requests to sort out the same problems.stretching back many many years with no adequate response from Xero.

Pros

Integrates with a lot of Fin Tech and payment gateways.

Cons

Lack of correct pro-forma invoicing Lack of email notifications when invoice is paid Lack of supplier reporting Poor inventory and stock handling No picking list/delivery note available Poor foreign currency handling Poor customer service and response to problems

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

3/10
Source: Capterra
Helpful?   Yes   No
Read more
Gary S.

Good All Around Alternative To Quickbooks

2018-04-16

Powerful accounting software but still relatively easy to use compared to other accounting software, They also have a large ecosystem of 3rd party integrations.

Pros

Provides a good balance of invoicing, expense tracking and accounting capabilities.

Cons

For some reason they still lack recurring payments on invoices, which keeps me using Freshbooks for invoicing. While it's easy to use, if you have never used accounting software, there is still a learning curve involved.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Sandy M.

A good alternative for small business bookkeeping

2018-07-16

Businesses that use Xero should make sure their accountants know the software and should take the time to learn the proper procedures for using Xero on a daily basis.

Pros

It has great features such as fixed asset management, expense tracking, sales tax and inventory management.

Cons

Could be easier to use with better dashboard. Mobile app needs improvement.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Occasionally

Likelihood to recommend

8/10
Source: Software Advice
Helpful?   Yes   No
Read more
Marc P.

Fantastic cloud accounting solution - very easy to migrate to - simple to integrate payment gateways

2018-04-04

Pros

Simple integration of third party payment processors so that payments can be made directly from emailed invoice.

Cons

Sometimes bank feeds are problematic but this is mainly due to the bank. Not too much to complain about.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Bonnie N.

Great Small Biz and Association software - Great Price

2020-10-29

Easy interface with banking systems for payments and reconciliation. Easy invoice issuance.

Pros

Easy to establish account setup.

Cons

Unable to run a payment history by vendor for some reporting I needed to complete.

Rating breakdown

Value for money
Ease of use
Features

Time used: Less than 6 months

Frequency of use: Occasionally

Likelihood to recommend

9/10
Source: Software Advice
Helpful?   Yes   No
Read more
Tyler R.

Xero Rocks!

2018-11-30

Their price is comparative, but Xero is a lot easier to use and customize reports.

Pros

You are able to also attached documents to the transactions which makes it easy when it comes to audit time. Also, being that it is cloud based, you can access your books wherever you are with an internet connection.

Cons

The one con that I have about Xero is that you are not able to make a foreign currency journal entry.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Darcy R.

Good accounting software

2018-05-24

Financial Book keeping , invoicing, getting paid and submitting my taxes

Pros

Solid integrations available for things like expense reports, receipt management, and I can work with outside accountants.

Cons

They have flaky security mechanisms which cause accounts to become disconnected randomly.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

7/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
A verified reviewer

I don't care for Xero much. Missing a few features

2017-11-17

The only benefit and reason I use Xero is because Client insisted because it integrates with his retail sales force application Magento.

Pros

Accounts receivable reports, Integration with Bill.com, ability to copy from invoice to PO, Bill and vice versa.

Cons

When print checks to pay bills, lists all items instead of just the invoice amount and number on the check stub.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Weekly

Likelihood to recommend

2/10
Source: Capterra
Helpful?   Yes   No
Read more
Sundeep M.

etitor for Simply accounting and Quickbooks

2018-03-18

Generating reports to complete year-ends for clients

Pros

Unlimited users, scalable, numerous integrations, suited for large businesses and has good features for double entry accounting

Cons

Poor invoice templates and it takes a long time to learn in comparison to quickbooks or simply.

Rating breakdown

Ease of use
Features
Customer support

Time used: Less than 6 months

Frequency of use: Occasionally

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Richard M.

Brilliantly thought out and most recent updates have made it more efficient.

2017-10-03

Very easy to navigate rent payments and such.

Pros

The reports setting and it's filter, the automatic bankline features and the fact that it does stick rigidly to accounting principles so you can't go that wrong. The import from excel feature does save hours.

Cons

I dislike how you can't look (and potentially undo) things that you have just done, for example falsely raising an invoice from the excel function since there is no batch delete option for awaiting payment invoices which may have been incorrect.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Neil M.

Track your expenses as you spend. Saves the time for you and your accountant. Reports too.

2018-05-23

Self sufficient with book keeping and management reports.

Pros

Reports for vat, p and l, and bank statement import automation

Cons

Lots of possible errors, unless you got an accounting background, or you have a modern accountant too keep you on track

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Krystle E.

Love this software!

2018-07-16

Easily able to integrate with other third party softwares.

Pros

Very simple format/design but essential.

Cons

Reporting features needs to be enhanced!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Johnny T.

Middle of the Road

2017-06-09

Cannot understand why xero has reporting tools for invoices but cannot give same for purchase orders

Pros

Good interface easy to use Fast and efficient Good for small business Simple to pick up due to basic functionality Good dashboard

Cons

Lacks heavily in reporting functions Cannot any level of Purchase Order reports or basic purchasing reports Customer service team have people going around in circles with feature requests without actual improving features

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

5/10
Source: Software Advice
Helpful?   Yes   No
Read more
Fernando R.

Easy to use and powerful

2016-12-16

Ready for small business whit complete functionality to connect more popular apps, multicurrency, asset management, and cash flow reporting my favorite tools to my business.

Pros

Intuitive interface and easy data entry

Cons

No API for bank and quote transactions

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Bonnie G.

Xero - Overall Great Product

2021-06-04

The benefits are the ability to have all our accounting record keeping in one place, and to get reports on any side of our accounting process with the click of a button.

Pros

What I like most is the ability to import bank transactions.

Cons

I find it confusing at times and cannot understand why we cannot attach a copy of the Vendor Invoice to a Fixed Asset file.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Joel C.

Great Product, with no real competitors

2019-07-25

It really helps our business with day to day accounting and end of year returns.

Pros

The streamlining of accounts and ease of project management with the addition of Workflow Max

Cons

Cost of Workflow Max, Custom design functionality for invoices could be better

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Jodi B.

Xero has been a great tool to implement.

2018-07-06

Easy invoicing. Simple, clear reporting.

Pros

I can quickly set up recurring invoices, for an length of time. Easy to duplicate invoices to save time.

Cons

The main navigation isn't as intuitive as I'd like. Hard to find some of the key tools I use on a regular basis.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Rob A.

Great Accounting Software

2021-06-14

From the get go it was easy to learn and navigate.

Pros

Invoicing is a breeze, keeping track of invoices and bills is super easy and user management is also quite flexible.

Cons

I've struggled with forecasting using Xero so I have generally done this seperately outside the program.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more