What is Xero?
Xero is a cloud-based accounting software specifically designed for small businesses and their advisors. Some key features of Xero include:
- Invoicing - Create, send and track invoices, allow online payments and sync seamlessly with other business systems.
- Bank reconciliation - Automatically import and categorize bank transactions to reconcile in a few clicks.
- Expenses - Snap photos of receipts and submit expense claims instantly from your phone.
- Mobile apps - Access Xero on the go from your Apple or Android devices.
- Reporting - Get insights with reports on how your business is performing over custom date ranges.
- Integrations - Xero connects with hundreds of business apps through Xero API.
Xero aims to make accounting effortless for small businesses. It uses automation to reduce time-consuming manual processes and provide real-time financial visibility even when on the move. With unlimited user licenses, businesses can collaborate with their bookkeeper or accountant in Xero.
Xero is suited for small businesses looking for an accounting software that's simple, smart and provides useful business insights.