Xero is an online accounting system designed for small business owners to work with their accountants in real-time. It has been engineered from to truly make accounting easy. Its products are based on a software securities exchange. The key features of this software include automatic bank and credit card account feed, invoicing, accounts payable, expense claims, fixed asset depreciation, purchase orders, and standard business and management reporting.
Cashbook is a simplified version of this software, only available through your accountant. It is designed to help you manage your cash and allows your accounting team to manage your records all over the cloud. There is no software to install. Xero simply allows you to get on with your business and not have to worry about accounting.
Ledger is the perfect tool for managing your clients who only require year-end accounts. Now you can manage all of your client’s financial information in one place. Whether they are on other software or if they provide you with a shoebox or spreadsheet, the financial information can quickly and easily be entered into the Ledger.
With the official Xero payroll software (Gusto), the payroll management has become easy and time-saving. Its user-friendly interface and simple working process received so many positive feedbacks from the customers. With the help of transactions sync feature, reconciliation process has become very simple. From now onwards, you can navigate between the two platforms i.e. Xero and Gusto with a single sign-on. There is an assurance that you’ll be receiving updates o n a regular basis through which the working process will become trouble-free.
The starter will cost you $27.50/mo and you can send 5 invoice and quotes. It will reconcile 20 bank statements. Standard will cost you 60/mo and is efficient to send invoice, bills and quotes. It can reconcile bank transactions. For expenses, 1 active user is included. $5/mo for each additional user/mo. The premium will cost you $75/mo and it includes features of a standard package along with handling multiple currencies.
For a portable approach, Xero has now released a full functional application for phone. Features like interactive invoices, storage for customer contact details, transactions management and many others have been kept as their top priority. All the things that you’ve been doing on your systems, from now onwards can be done with the help of your Smart phones. Also, the best part is that you can run this application on both Android and iOS and on top of that, it’s free to use. You can say that your office is now in your hands literally.
Xero advisor directory let you know about the experienced advisors, who are near you by accessing your location. These advisors can be related to any profession. Personals that are experienced and are busy in E-commerce, repairs and professional services, marketing, healthcare, hospitality, retail, construction, and trades will be listed in the search results. The procedure is pretty simple, all you need to do is grant the permission to identify your location and that’s it. After that, just click on the search results based on your personal preference to access the list of experts.
Xero is an essential accounting service that has made the work of small businesses very easy. The list of features that it offers is very lengthy but still here are some of them: bank reconciliation, bill payments, customizable dashboard, expense and asset management, multi-currency tracking and sales tax operations. You have to consider the fact that these features are especially for small firms. So, what are you waiting for? Go ahead to download this software and make your business run smooth like it has never been before.