Xero is a tough accounting solution, including multifaceted accounting features, plenty of reports, more than 700 integrations, and indefinite users. It comprises of mobility and modern UI of cloud-based software. The software is to date used by more than 100,000 users and is the prime solution for accounting for over 16,000 accounting organizations. The company has currently added a feature for project management, which was one of the major disadvantages of the business previously.

Overview of the Features

Keep accurate record
Keep watch on the health of the business
Get paid faster
Accept payment
Access management
Business performance dashboard
Multi-currency accounting

Capabilities and Supporting Set of Features
Dashboard: When you log in to the software, at first, it will direct you to the dashboard. The dashboard will show you the graphs business bank account, account watchlist, business saving account, invoices, total cash in and out, bills, and expenses. You can rearrange the order of the charts. The navigation menu on the top will provide you options for the dashboard, business, accounting, and contact. Furthermore, you can get access to create a button, recent notification, search button, and help button.

Invoices: In the navigation menu, there is an option of business. In that option, there are various features such as invoices, quotes, sales overview, bills to pay, purchase order, purchase overview, expense claims, products and services, and pay run. In the invoice option, you can create custom templates and customize them extensively. It will further provide you time-saving necessities, including recurring invoices, automatic invoice reminders, default payment settings, bulk invoicing, and replication of previous invoices made.

Create New: At the navigation bar you are given an option to create new. Here you can create a new invoice, bill, contact, quote, purchase order, manual journal. Furthermore, you can add money spend, received, and transferred.









Charts of Accounts: The accounting option will provide you different features, including bank accounts, account transactions, aged payable and receivable summary, balance sheet, profit and loss, sales tax report, find and recode, fixed assets, manual journals, and charts of accounts. The charts of account feature you can customize the default accounts or can choose to import your own chart of accounts. It will further provide you an option to add an account, print PDF, import, and export.

Contacts: In the contact option, you can see the contact detail of the customer and supplier along with the business details. You can import contact records and create contact groups. Furthermore, you will get the option to import, export, send statements, and add an account. The feature will show you all your customers, suppliers, and employees. It will provide a smart list of items purchased, outstanding, overdue, and paid.

Mobile Accessibility
There is an accounting application of Xero for iOS and Android users and separate mobile application for Xero expenses and Xero Project.

Support
Email Support
Online Support
Live chat Support
Integrations
Xero has integration with Woocommerce, salesforce, and others.

Pros and Cons of Xero
Pros
Unlimited Users
Numerous integration
Suited for large businesses
Advance Features
Double-entry accounting
Cons
Poor customer support
Learning curve
Differentiator
Easy to use as compared to Quickbooks
Strong Accountability
Mobility
Lots of Integration

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