Then, you can connect your bank accounts to Xero and decide if you’ll accept electronic payments for online invoices. Xero, FreshBooks and QuickBooks all offer 30-day free trials and extensive features for online support, including a live chat, email support and a knowledge base. All a small business guide to cost recovery three of these offer the ability to scale their accounting for larger businesses and both Xero and QuickBooks offer specific training for accountants. These companies offer Gusto integration for the same price—$40 per month and $6 per month per person. On the other hand, FreshBooks may be a better fit for freelancers and solopreneurs, as the capabilities are easier to navigate. The main app has an abbreviated dashboard that displays your most important numbers.
Life before Xero was a nightmare. Using a spreadsheet took a ridiculous amount of time.
Sales and purchase overviews display transaction details for all accounts. Customer and supplier records contain contact information as well as lists of outstanding invoices and bills. I like these apps for their simplicity and usability, and I look forward to the planned enhancements (Xero hasn’t specified what exactly these are). Templates are available for one-time and repeating invoices and quotes, and you can queue up cash flow form multiple statements to print or email.
Xero Growing Plan
Xero retains everything you’ve entered when you transfer from a free trial to a subscription. When rating accounting and invoicing software, we use a 47-point rubric that looks at pricing, ease of use, features, customer service, and user reviews. We weigh each section differently to calculate the total star rating.
Patriot Software Accounting
We recommend you work with an accountant or bookkeeper, preferably one with Xero experience, when you move to Xero online accounting software in the US. Xero has pricing plans to suit your business, no matter its size or stage. Xero accounting and bookkeeping partners can also offer basic plans to clients who just need the essentials. We’re upfront about pricing, and provide full details of our pricing plans and optional extras.
Keep in mind that these services charge a fee to process payments (usually around 2.9% plus 25 cents per transaction, though this varies by the payment processor). The Early subscription is tailored for solopreneurs and business owners who are just getting started. You’re able to send 20 quotes and invoices per month, enter five bills, reconcile bank transactions, capture bills and receipts with Hubdoc and view a short-term cash flow and business snapshot. Each free online bookkeeping course and training plan still offers unlimited users and live bank feeds, so businesses can download, categorize, and reconcile their transactions as usual. It allows three users for its Essentials plan ($55 per month) and 25 users for its top plan, the Advanced ($200 per month).
- You can receive automated bank feeds into your accounting software and connect to other business apps for greater efficiency.
- Some parts of the experience require time and patience to master.
- Apps like Stripe, GoCardless, Vend, and Shopify connect seamlessly and sync your data with Xero to make it easier to run your business.
- It takes quite a while to explore all of the features it has to offer, but once you get acquainted with the software, Xero is fairly easy to use.
- The forms don’t miss anything major, though they don’t have FreshBooks’ state-of-the-art look.
Manage your cash flow, track expenses, accept payments online, and much more – all without leaving Xero. Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication.
Get customer support
Xero integrates with Gusto for payroll, which supports all 50 states and has added functionality such as health insurance and retirement support. Xero used to offer strong customer support, and while there are still a ton of great support resources available, getting in touch with an actual representative is a lot more difficult. If you use the Established plan, you can track billable time to add to projects. To get the most out of your software, Xero has 1,000+ integrations to choose from.