Xero Software: An Overall Review
Xero is cloud-based accounting software with sophisticated features, an unlimited number of users, and continuous innovations. What makes Xero stand out from other accounting software pieces is the number of features it provides — more than twenty.
Xero raw materials, projects, pay runs, expenses, sales tax, and more useful features have made Xero the leading software in the business.
This software is an excellent choice for any business type, including hospitality, start-ups, construction, high tech, manufacturing, and more. Xero has become the first choice among small business owners, giving Quickbooks a run for its money.
It’s Easy to Use
Xero has proven to be nicely put together software that provides helpful tips during your adjustment period. Once you register on the website and start using the free version of Xero, you can get some help until you get familiar with the system. That’s a huge plus since everyone needs a bit of help every now and then.
Xero offers plenty of features, which is an enormous advantage. Once you explore all these features, you will have no problem understanding how the system functions.
By clicking on the Help button, you can get additional help in the form of videos and articles related to any possible issues you may come across.
Software and Features
As we already mentioned, Xero has an abundance of features for any business type. Some of the more prominent Xero features include Inventory — for adding products, services, raw materials, etc. to keep tabs on stock levels and pricing. This feature goes well with the Expense Tracking feature that allows you to connect your bank and credit card details directly to Xero.
Since Xero is cloud-based software, all you need is a stable internet connection to it. The software is compatible with Chrome, Mozilla Firefox, Safari, and other browsers. Users can also download the app to their Android and iOS devices.
Pricing
Xero doesn’t offer annual packages, but its monthly package plans come with an unlimited number of users. The prices are quite reasonable — ranging from $20 to $40 a month.
All plans cover a variety of bases, integration with more than 800 apps, 24/7 support, secure SSL encryption, timely financial performance reports, and more. Of course, there are some extras that cost more; you should get those if you want the full Xero experience.
If you are part of a nonprofit organization or you have multiple companies, Xero will most probably provide you with a discount.
Xero Vs. Quickbooks
Both Xero and Quickbooks accounting software come with certain advantages and disadvantages, and they can be used for entirely different purposes.
For example, Quickbooks is more convenient for freelancers and retail stores. Freelancers can benefit from Quickbooks’s lower price and plenty of features designed especially for freelancing jobs.
On the other hand, Xero offers services that better suit the needs of small businesses and growing start-ups. Xero has a sleek interface and is easy to use. People who are just starting to run their businesses will be grateful for these simple yet useful options.
You can make your final decision after trying both of these. However, keep in mind that Xero offers more user-friendly software with superior design and constant innovations.
