Dec 21st, 2023 12:55am
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Looking for accounting software that's not a snooze-fest? Look no further than Xero! With a beautiful interface and user-friendly platform, Xero makes managing your financials, invoicing, expenses, and more a breeze. It's perfect for small businesses, accountants, and bookkeepers who want to stay awake while doing their accounting. Give Xero a try and say goodbye to boring financial management!
Prices
Plan | Yearly | Monthly | ||
---|---|---|---|---|
Subscription Plans |
||||
Early | $156 / Year / Other | $13 / Month | ||
Growing | $444 / Year / Other | $37 / Month | ||
Established | $840 / Year / Other | $70 / Month |
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Xero Notes
No price notes set for this tool.
* Prices are shown at full costs rounded to the nearest dollar without
special offers. Showing costs at the normal basis provides a better real-world business cycle cost analysis.
Introductory offers are marked with this icon .
Researched By
![](https://gridlife.io/wp-content/themes/astra-child/assets/img/cory2-175.jpg)
Cory Lamle
Lead Researcher
With over 25 years of experience in the technology sector, Cory is a seasoned expert in software, bringing a unique perspective as both
a business owner and software developer. After selling his software company he founded gridlife.io. In his role as Lead Researcher, he is
dedicated to ensuring that business owners can make well-informed and strategic software decisions with the help of gridlife.io.
Alternatives
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Xero vs. Wave
Xero
![vs](https://gridlife.io/wp-content/themes/astra-child/assets/img/icon-vs.webp)
Wave
Plan | Yearly | Monthly | ||
---|---|---|---|---|
Subscription Plans | ||||
Early | $156 / Year / Other | $13 / Month | ||
Growing | $444 / Year / Other | $37 / Month | ||
Established | $840 / Year / Other | $70 / Month |
Plan | Yearly | Monthly | ||
---|---|---|---|---|
Subscription Plans | ||||
Invoicing | $0 / Year / Account | $0 / Month | ||
Accounting | $0 / Year / Account | $0 / Month | ||
Payroll | $480 / Year / Account | $40 / Month | ||
Advisors | $1,788 / Year / Account | $149 / Month | ||
Per User | ||||
Payroll Per User | $72 / Year / User 1 | $6 / Month |
Choose a tool for comparison
Score
Score Full Score
86.00
Rating Industry Average
4.30
Reviews From All Platforms
10,683
Established Years in Business
18
Platform Ratings
Analysis
Top Features
- Online Accounting: Access your accounting data anytime, anywhere with cloud-based accounting software.
- Invoicing: Create professional invoices, customize them, and set up recurring invoices for clients.
- Bank Reconciliation: Connect your bank accounts for automatic transaction imports and reconciliation.
- Expense Claims: Track expenses and reimburse employees or clients with ease.
- Financial Reports: Generate a wide range of financial reports to monitor your business's performance.
- Purchase Orders: Create and manage purchase orders to keep track of your expenses and orders.
- Inventory Management: Monitor inventory levels, track stock, and manage inventory efficiently.
Pros
- Bank Integration: Supports bank and credit card integration for automatic transaction tracking and reconciliation.
- Payroll Management: Provides payroll management tools to handle employee payroll, taxes, and compliance.
- Multi-Currency Support: Allows you to work with multiple currencies, making it suitable for businesses with international operations.
- Integration Ecosystem: Integrates with a wide range of third-party apps and services to extend its functionality.
Cons
- Pricing: Xero's pricing can be relatively high for small businesses or freelancers, especially if they require advanced features or have a large number of users.
- Learning Curve: New users may experience a learning curve while setting up and configuring the software for their specific business needs.
- Complexity for Basic Needs: Some users with basic accounting needs may find Xero's extensive feature set to be more than necessary.
- Customer Support: While support is available, response times and support quality may vary based on the subscription level.
- Manual Data Entry: For certain transactions or situations, manual data entry may be required, which can be time-consuming.
Top Videos
How Xero will change your whole life (for the better)
![How Xero will change your whole life (for the better)](https://img.youtube.com/vi/6sjDwyOLNNY/maxresdefault.jpg)
| Promo
1:47
Manage your client jobs with Xero Projects
![Manage your client jobs with Xero Projects](https://img.youtube.com/vi/dReNsawt_OM/maxresdefault.jpg)
| Promo
4:15
How to use XERO (2023)
![How to use XERO (2023)](https://img.youtube.com/vi/xvOJDfsrHDQ/maxresdefault.jpg)
| Tutorial
16:46
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