Xero accounting software prices. Plans to suit your business

Starter Standard Premium. Starter R Optional add-ons Claim expenses from R69 per month Track projects from R Our most popular plan Standard R Premium R Read our privacy notice for more information. See our terms of use for details.

Hubdoc terms of use. Start using Xero for free. Users can also upload files like bank statements to register the transactions in the books. Xero got a perfect score for project accounting. In our rubric, we emphasized heavier weights on project estimate assignment, labor cost assignment, and the recording of inventory used in projects. In this area, we gave more weight to certain features like creating inventory items, viewing inventory levels, adding inventory to invoices, and calculating COGS automatically.

Xero has all of these features alongside minor features that can help in inventory management, like viewing inventory cost information and POs. To reiterate our point in Chapter 2 Accounts Payable of our case study, the only shortcoming we see is with viewing inventory in the PO. In evaluating the reporting features of Xero, we set 16 necessary reports that every accounting software should have.

Xero has 14 of the reports we want to see, such as basic financial statements, specialized reports, and other accounting reports. Xero fell short in customer service. In general, accounting software companies should have open lines of communication with customers. Unfortunately, Xero only has a chatbot, a customer service email, and self-help information. We want to see comprehensive features in a mobile app, like sending invoices, entering bills, receiving payments, and entering vendor payments.

Xero received a lot of positive feedback and excellent ratings from user review websites. Others also mentioned that it integrates with third-party apps that they use on their business. Some negative feedback seems to focus on very niche features, like problems with forex translations and customization options. Aside from Xero advisors, Bookkeeper also offers assisted bookkeeping services for Xero users. There are more than a hundred apps available in the Xero App Store. Xero has a moderate learning curve.

Users like freelancers and small businesses can try Xero for 30 days before signing up for a subscription. However, accountants and bookkeepers can register in the Xero Partner program to get it for free. No, you can use Xero without hiring an accountant. However, as the need arises, you may hire a Xero-certified accountant to help you keep your books of accounts accurate and organized.

Xero is a great alternative to QuickBooks Online for budget-conscious small businesses. We recommend it for project- and product-based companies because of its flexible features. Before joining FSB, Eric has worked as a freelance content writer with various digital marketing agencies in Australia, the United States, and the Philippines.

Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you. Fit Small Business content and reviews are editorially independent. We may make money when you click on links to our partners. Learn More. Published November 14, Overall Score: 4. What We Like Excellent inventory accounting Ideal for project accounting Easy-to-understand bank reconciliation Robust integration choices with third-party apps through the Xero App Store.

What’s Missing Lowest plan is limited to 20 invoices and five bills One subscription is good for one organization no option to add more No annual billing option for plans Limited features for nonprofits. Value for money 4. Functionality 4. Showing 1 – 5 of 1, reviews. Company size: 11 – 50 employees. Time used: More than 2 years.

Review Source: Capterra This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you. Jose J. Company size: employees.

Review Source: Capterra This review was submitted organically. No incentive was offered. Great Accounting Tool for Startups and Small Businesses Xero was our official accounting software, and we still use it for previous reference. Pros Me and my team believe that Xero is the best accounting tool out there for startups and small businesses. Cons In one of our companies, we manage inventory with multiple warehouses. Industry: Retail.

Great software for SMB We came to Xero from Sage and has changed the way we manage our accounts, and helped the team be more productive.

Pros customer service is great, even for an SMB like ours, we get good response times and knowledgeable people. Cons certain functionality around automation and AI is not there but can be added via connected apps.

Reasons for choosing Xero Allowed for a more flexible account and functionality was better than other solutions and better connected to other apps and services. Reasons for switching to Xero needed more functionality and fewer manual processes. Industry: Veterinary. Has worked well for growing small business for basic accounting and payroll Good Pros Integration to our other softwares has always been easy.

Amazing help guides. Cons A little bit confusing for someone that has no idea what they are doing at first. Reasons for switching to Xero Business suitability. Faisal Shafi. Company size: , employees.

Xero Review: Pricing & Features in .

 
**Expenses offer only available for Australian-based starter, standard and premium plan subscriptions. Standard charges apply after two months ($5 for 1. **Expenses offer available for Starter, Standard and Premium plan subscriptions. The standard pricing for Xero Expenses (£ per month for one user + £