This means Xero will politely nudge your customers via email when an invoice due date passes, saving you the awkward collections calls. Another handy touch is that Xero lets you email invoices directly from the platform (with a personalized message), and you can see when the client has opened the invoice. The Standard plan removes the volume limits, making it Xero’s most popular option for everyday business operations. Collaborate with your accountant or bookkeeper by giving them secure access to your financial data in Xero.
Gusto sends payday notifications by email
All three plans come with an optional add-on for payroll with Gusto for $40 per month plus $6 per month per person. Xero’s accounting software is highly rated among small businesses. Read our Xero review to find out if it’s the right solution for your business. Xero’s financial reporting tools are comprehensive and insightful. I appreciate how you can generate detailed reports normal balance with just a few clicks, providing a clear overview of your business’s financial health. These reports are customizable, allowing you to focus on the metrics that matter most to you.
Xero Accounting – Standard – Good for growing small businesses.
I found it easy to set up budgets, track performance, and identify areas for improvement. This feature provides valuable insights into your business’s financial health, helping you make informed decisions and plan for the future. It’s How to Run Payroll for Restaurants an essential tool for businesses looking to optimize financial management and achieve their financial goals. Xero’s mobile app is a game-changer for managing finances on the go.
Useful features to run your business
Do I need an accountant to use Xero, or can I manage on my own? That said, an accountant’s help with setup and periodic reviews is valuable, especially for taxes and compliance. For example, the Starter plan is around £15 in the UK, but feature limits remain the same. Xero often runs promotions for new customers, such as 50-90% off for the first few months. Users find this useful for keeping client jobs on budget and seeing which projects are most profitable. This feature makes Xero especially suited to contractors, agencies, and consultancies who juggle multiple jobs.
- Xero’s plans start at $20 per month for the Early plan and go up to $80 per month for the Established plan.
- Nonetheless, the features and benefits of using Xero can outweigh the cost to make it a worthwhile investment.
- Run your nonprofit’s finances online with Xero’s cloud-based accounting software – tailored to meet your organization’s needs.
- While this type of support is undoubtedly a good look, I can’t imagine why Xero wouldn’t advertise text message support—I had no idea this was offered until I received the text.
- While not the cheapest, its feature set, automation tools, and unlimited users make it a top choice, especially when time is money.
- Xero keeps all your pay records in one secure place in the cloud – ready for you to pull up a file whenever needed.
Included in the starter plan
The Growing and Established plans are geared toward xero accounting larger organizations, with unlimited invoices and bills, plus extra add-ons like Inventory Plus and Analytics Plus. If you’re a UK business owner looking for reliable, HMRC-compliant accounting software that scales with you — Xero offers brilliant value. While not the cheapest, its feature set, automation tools, and unlimited users make it a top choice, especially when time is money.
Offerings
You don’t need to wait any longer to take control of your business finances. Whether you’re switching from spreadsheets or outdated software, Xero is built to grow with you. It automatically imports transactions and uses machine learning to match them with the right records.
Get set up faster
This transition means that as your business scales, your accounting software grows with you. If you’re tired of wrestling with spreadsheets or outgrowing manual invoicing, give Xero’s free 30-day trial a go. There’s no credit card required, so you can test drive features like invoicing, bank feeds, and reporting with zero risk.