The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of sole trader bookkeeping these entities. Xero integrates with Gusto for payroll, which supports all 50 states and has added functionality such as health insurance and retirement support. If you use the Established plan, you can track billable time to add to projects. Join the thousands of people like you already growing their businesses and knowledge with our team of experts.
Collaborate online in real time
- Use Xero accounting software to hop online with your employees, bookkeeper, or accountant – even if you’re on opposite sides of the world.
- Security is a priority for Xero, as we know it is for you, so it’s also important you also take steps to safeguard your data.
- Add what you need to make it easier to run your small business.
- With your accounting software and data stored in the cloud, you can access your up-to-date accounts anywhere there’s an internet connection.
Check out the Xero App Store to find, try and buy business apps that connect to Xero online accounting software and make running your small business even easier. Apps like Stripe, GoCardless, Vend, and Shopify connect seamlessly and sync data with Xero. Run your business from anywhere with Xero’s easy accounting app. Keep track of your unpaid and overdue invoices, bank account balances, profit and loss, cash flow and bills to pay. You can even reconcile bank accounts and convert quotes to invoices. It’s free with every subscription and compatible with iOS and Android.
Bank reconciliation
Apps like Stripe, GoCardless, Vend, and Shopify connect seamlessly and sync your data with Xero to make it easier to run your business. Xero and QuickBooks Online have a lot of similarities, as both have strong features and numerous integrations. However, Xero is more affordable and supports unlimited users.
Xero Established Plan
For Payroll with Gusto (US), pricing is based on the number of users who are paid each month. The Xero Accounting mobile app works in tandem with the Xero accounting software so you can run your small business online from anywhere. Keep track of your unpaid and overdue invoices, bank account balances, profit and loss, cash flow and bills to pay – plus reconcile bank accounts and convert quotes to invoices. With your accounting software and data stored in the cloud, you can access your up-to-date accounts anywhere there’s an internet connection. You can receive automated bank feeds into your accounting software and connect to other business apps for greater efficiency. You can also collaborate with other people, like accountants and bookkeepers, by giving them access to view and share your figures.
While the software is well-organized, it does have a steep learning curve (not as steep as QuickBooks, but it is more difficult to learn than other cloud-based options). It takes quite a while to explore all of the features it has to offer, but once you get acquainted with the software, Xero is fairly easy to use. Getting started is the most difficult part, and it’s this learning curve that lowered our ease of use rating to 3.8/5. Unlike some of its competitors, there are very few add-ons.
That includes the chart of accounts, invoices, bills, contacts and fixed assets. We recommend working with an accountant or bookkeeper, preferably one with Xero experience, when you make the move to Xero online accounting software. While Xero has a lot going for it, pricing increases, a lack of built-in payroll, and limited features on its least expensive plans are potential issues. Additionally, customer support has gone downhill since our last review. Still, despite the price ruling out the software for some small businesses, Xero has a lot to offer for medium and large businesses or those in need of multiple users.
More financial control at your fingertips
With your accounting software and data stored online in the cloud, you can access your up-to-date accounts anywhere there’s an internet connection. Your Xero data is backed up regularly and protected with multiple layers of security. Xero offers pricing plans to suit businesses of different sizes and stages. In addition, Xero accounting and bookkeeping partners can offer bare-bones plans for businesses that need only the basics. We’re upfront about pricing, and provide full details of how long does an irs tax refund take our pricing plans and optional extras.
Log in anytime, from anywhere, to send invoices, pay bills, and manage your cash flow. Xero has never offered phone support and has relied on email support. It may take a day or two to get a response to your email, but there are plenty of suspense account meaning other forms of support available.
