Xero Accounting software

Xero is accounting software based on Cloud Computing. Which was released in 2006 and was designed to support small to mid-range businesses and to satisfy their accounting needs. Xero has also been a close competitor of QuickBooks. Xero has a user base of more than 2 million users around the world and is being used by 16000 accounting firms as their primary accounting solution. Xero makes managing your financial strategy straightforward and clear. Xero has many advanced features which are enough to make a puzzle in the mind, to avoid getting puzzled you may need some kind of support advisor to guide you. If you need one you can contact our Xero support team.

Xero helps you to grow up your business, How?

Expert banking:

Xero software will help you to be an expert in banking. If you want to import your bank credit card, debit card, and PayPal into your Xero account then all these transactions are automatically entered without any manual entry.

Create beautiful invoicing:

Create and send a beautiful invoice in a few steps through the Xero accounting software. Invoices can be easily emailed to your clients and you can get the proper information when the invoices are opened.

Create your Financial Report in small time:

A financial Report Can be created in a small amount of time with Xero. It can also help in preparing your GST automatically with a proper calculation, can handle all the balance sheets, also it can help calculate the profit and loss of business and many more.

Work from anywhere:

You can use the Xero app on your mobile to use the Xero software, there is nothing to install and update software, it will automatically back up for all activities

A platform of Add-ons:

‘Add-Ons’ is an amazing feature. Xero allows the software developers of other companies to integrate their products with the Xero software. This platform can help make your business financially strong.

Xero Features that helps you to develop your business:

Now it is time to evaluate all the features of the Xero. here we have mentioned some advantages and features of the software.

Invoicing: You can Customize your own invoices by adding a logo to the invoice. It also allows users to set reminders to never miss out on a payment. With the help of the Xeno app, you can also send invoices from your Smartphone. Clients receive invoices and the estimate as a PDF and a payment gateway is also available for the invoices.
Bill Payments: With the help of the Xeno app you can track the status of the bill and pay them later. You can see what bills are due to be paid/ You can also schedule the payments to pay the reoccurring payment.
Quotes: You can easily create Quotes and then later convert them into PDF and invoices. You can copy and edit the previous quotes for further use. Allows customers to accept or deny the quote with just one click. Quotes can be used to create invoices. Xero has the same template for both invoices and Quotes.
Client Portal: Xero has recently added a new feature in the client portal where customers can view, print, and pay invoices online. customers can accept and decline the quotes.
Inventory: With the help of Xero, You can easily keep track of your inventory. You can check what’s left in the stock. Xero is most suitable for a product-based business. In this, we can keep track of inventory, See the best and worst selling items. you can use this data for making a more informed buying decision.
Reports: Xero offers various types of reports. There are 55 different reports in total. Which can be personalized according to the needs of the user. You can also customize the report. Xero Reports Covers almost everything from sales and budgeting to cash flow.
Budgeting: You can use the Budget Manager report to create a 3 months, 6 months, 12 months, or 24 months budget. You can run a budget summary at any given time to check if you’re hitting your accounting goals.
Default Email Templates: Xero offers 8 default email templates and users can add any number of custom templates.

The above features can help you to handle the business perfectly. But sometimes due to lack of enough experience, Xero users cannot able to handle the software.

Various Xero version available for your business:

Xero early plan:

it is the most commonly used version (plan) of Xero. It could be a great selection for small-sized businesses. A user can create five invoices, quotes, and is able to attach five monthly bills, through your Xero account. If you want to use this version then you have to pay $11 per month.

Xero Growing plan:

it is a little more advanced than the Xero early plan version, it can be used for both small and middle-sized businesses. there is no limit on invoices and quotes that can be created in a month and it has the ability to track all the accounts. Almost All kinds of financial tasks can be done through this version. If you want to purchase this plan then you have to pay $32 per month.

Xero Established:

Xero established could be an ideal plan for all-sized businesses. Xero established has the features of multi-currency support, No limit on invoices created, paying bills, tracking all bank account, tracks all expenses, and many more. The currently discussing plan is better than the above two plans but it is a little expensive than the other two Xero plans, and the purchasing rate of Xero established is $62.

Pros and Cons of Xero accounting software:

Pros:

It has a very simple payroll process.
It supports an unlimited number of multi-user support.
It automatically categorizes all transactions made using the Xero app.
It has a manual journal option for more detailed accounting.
Xero is easy to integrate with payment services like Stripes & Pay-Pal.
Provide a free trial for 30 days

Cons:

When you make an order to add something in stock it automatically thinks that it’s in stock now.
It is difficult to set up Xero Module.
There are no simple customer sales reports available.
Journal Entries – Accountants need to be able to enter any Cash Accounts rather than always using “Spend” or Receive” Money.
The learning curve in Xero.

Contact Our Xero customer support team by phone number?

Most of the time the users are wasting their valuable time by searching the solution related to the Xero accounting software here and there. To solve your problem we are here to provide you the best customer services and tips related to the Xero software for 24×7. Just dial our Xero support phone number to get an easy and instant solution to your problem at any time.