Xero Accounting Review: Features, Benefits, Pricing, and Cons
Xero can be easier to use for beginners, as it has a user-friendly layout. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. Yes, you can use Xero for free using its 30-day free trial to test its functionality.
Xero vs Sage (2024 Comparison)
Suited for small- and medium-sized businesses (SMBs), Xero is an affordable cloud-based accounting software system that streamlines these processes with plans starting at $13 per month. In the battle of Xero vs. Sage, both come out on top for different uses. We prefer Sage for very small businesses or freelancers that need help tracking their clients and invoices. But if you’re a bigger company that requires more functionality, Xero lets you manage your inventory and provide access to everyone in the company without extra fees. Payroll is just one of the many other products Sage offers as well. For example, if you’re also looking for an HR management solution, Sage HR integrates seamlessly so you can manage your workforce.
Xero uses rules to match bank statements to invoices or bill payments. Bulk sorting and grouping of transactions before reconciliation and receiving alerts for suggested matches are also possible on Xero. One big drawback of Xero is that it doesn’t have a dedicated customer service phone number. If you want to talk to a human being, you have to submit a ticket and request a callback. However, Xero does offer 24/7 online support—a rarity in the accounting software field. You can also browse the Xero Central support database for articles and guides on your issues.
Integrations: Xero vs. Sage
However, if you’re looking to switch from one program to another, you may be able to download your data and migrate it into the new software. If you’re looking for an accountant who specializes in Xero, you can search for an accounting advisor through their website by location and sales general and administrative vs cost of goods sold industry.
Entering these bills is easy thanks to receipt capture with Hubdoc. This helps you see when all your bills are due and schedule batch how do you calculate the cost of carrying inventory payments accordingly. Xero automatically calculates sales tax on companies’ transactions and prepares sales tax returns on the company’s behalf using sales tax reports. Users can set up as many sales tax and the tool will record them automatically. The Xero Me app enables quick claim submission and approval by employees and employers.
Pricing plan details and offer terms
Some popular add-ons include Timely, Shopify, Stripe, PayPal and Airwallex. Currently, Sage Accounting has 41 apps you can add to the software through the Sage Marketplace. These include everything from data integration to point-of-sale programs. Popular options include apps such as Zapier, Gusto, 9Spokes, CollBox and Zynk Workflow.
- †Invoice limits for the Starter plan apply to both approving and sending invoices.
- Xero may be harder to learn than a simpler invoicing platform like Square Invoices or Zoho Invoice.
- It also supports accepting payments directly from the online invoice and reduces the time spent chasing payments.
- It tracks income and expense metrics to identify trends and help with financial health.
Customer Support: Xero vs. Sage
However, it has an active community forum and a collection of support articles that are beneficial to the users. Users can beginning inventory definition easily collaborate with their teammates, clients, and other stakeholders. By inviting them, users can work together on any feature of the software. †Invoice limits for the Starter plan apply to both approving and sending invoices.
If you need to speak with a person, you can only do so between 9 a.m. †Invoice limits for the Early plan apply to both approving and sending invoices. Transactions initiated by app partners may automatically contribute to your invoice limit. Hubdoc is included in Xero Early, Growing and Established plans as long as it’s connected to your Xero subscription. Your use of the Xero services is subject to the Xero Terms of Use and your use of the Hubdoc services is subject to the Hubdoc Terms of Use. It does not have any phone support number, but you can request a callback from Xero if necessary.
Access all Xero features for 30 days, then decide which plan best suits your business. FreshBooks charges $17 per month and QuickBooks charges $30 per month). However, the best option and price point will depend on the specific capabilities and features you are looking for. Use Gusto payroll to calculate pay and deductions, pay employees, simplify compliance, and update the Xero accounts. Sage is a little more difficult to maneuver, but since it has fewer features, it can ultimately be easier to learn.