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Xero

Xero

Accounting software to do your to-do.
4.7 (98 Reviews)

Xero Overview

An accounting platform for US small businesses and freelancers, offering real-time bank feeds, invoicing, expense claims, project tracking, multi-currency, and rich analytics—all with unlimited users and 24/7 support.

More About Xero

Key Features

  • Unified Audit Trail with History & Notes
    Each transaction includes a detailed activity log—changes, reminders, approvals—with space for notes 
  • Free Time & Project Tracking Across All Plans
    Unlike many competitors, Xero offers built-in time and cost tracking tied to projects/invoices at no extra cost 
  • Best-in-Class Bank Feed Coverage
    Over 700 direct bank connections with reliability alerts and enhanced reconciliation tools—ideal for US SMBs 
  • Cash Flow Forecasting with AI Assistance
    Analytics Plus includes 90‑day cash flow forecasting powered by AI to prevent cash crunches 
  • Seamless Bill Payments via Melio Integration
    Now rolling out bill payment tools (ACH, cards, checks) directly within Xero using Melio’s platform, enabling invoice in-app payments and SMS invoice delivery 
  • Flexible Quote-to-Invoice Workflow
    Streamline sales: build rich quotes, and convert them instantly.

Pros & Cons

Pros:

Unlimited users, ideal for growing teams 

Strong automation: bank feeds, Hubdoc capture

Multi-currency & project features in the top tier

24/7 support and robust integrations

Cons:

Essential features like multi-currency, project, and analytics only in top tier

Inventory Plus costs extra

Occasional bank-feed fees may apply

Software Trial

30 Days

Free Version

No

Licensing Type

Open Source

Xero Starting Price

2 USD ($)

Vendor Pricing Page

See Pricing

Xero Software Features

Billing & Invoicing Client Management Client Portal Project Management Reporting & Analytics Task Management Time Tracking Workflow Management Reporting & Analysis Approval Management Automation Data Extraction Expense Management Invoicing Payment Management PO Reconciliation Vendor Management Tax Calculation Asset Accounting Audit Trail Depreciation Calculation Maintenance Management Purchase & Requisitions Asset Tracking Accounts Payable Bank Reconciliation Budgeting and Forecasting Expense Tracking Financial Reporting Fixed Asset Management Fund Accounting Payroll Management Project Accounting Purchase Orders Tax Management

Xero Specification

Starting Price

2 USD ($)

Price Type

Flat Rate

Currency

USD ($)

Subscription

Monthly

Deployment Type

  • Cloud Hosted

Supported Platforms

  • Web-Based
  • iPhone/iPad
  • Android
  • Windows
  • Mac

Technical Support

  • Email
  • Phone

Training Resources

  • Documentation
  • Blogs
  • Help Guides
  • In-Person Training
  • Videos

Software Demo & Screenshots

Xero Pricing

Early

$2/Monthly

Features

  • Send invoices and quotes
  • Send quotes and 20 invoices†
  • Reconcile bank transactions
  • Capture bills and receipts with Hubdoc
  • Short-term cash flow and business snapshot
  • W-9 + 1099 management
  • Sales tax

Growing

$4/Monthly

Features

  • Send invoices and quotes
  • Send quotes and 20 invoices†
  • Reconcile bank transactions
  • Capture bills and receipts with Hubdoc
  • Short-term cash flow and business snapshot
  • W-9 + 1099 management
  • Sales tax

Established

$8/Monthly

Features

  • Send invoices and quotes
  • Send quotes and 20 invoices†
  • Reconcile bank transactions
  • Capture bills and receipts with Hubdoc
  • Short-term cash flow and business snapshot
  • W-9 + 1099 management
  • Sales tax
Xero Pricing Screenshot

*The price might have been changed, check the current pricing on the vendor's website.

Xero Customers

Clients yet to be updated!

Top Competitors of Xero

Logo Software Name Rating Reviews Starting Price Trial
RentRedi Logo RentRedi 4.4 78 19 USD ($) 7 Days
Zoho Books Logo Zoho Books 4 51 0 USD ($) 14 Days
GTS Services Logo GTS Services 4 9 70 USD ($) No
MyBooks Logo MyBooks 3 49 0 USD ($) 1-7 Days
Banana Accounting Logo Banana Accounting 3 43 0 USD ($) 1-7 Days

Xero Reviews

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Software Category

Accounting Accounting Practice Management Accounts Payable Fixed Asset Management

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