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Create your first invoice in next 5 minutes.. ProfitBooks supports Safari 6. Xero has a day free trial that allows you and your team to try out all its features before deciding if it's the right accounting software for your business. One nice thing about the trial is that it gives you the option of using a demo company, in case you'd rather not take the time to import your data before you try it out.
Unlike many accounting software programs that base pricing on the number of users supported with each plan, all of Xero's subscription plans support as many users as you wish to add, so as your business grows, you can add new employees to your account for no additional cost.
All plans include most features — even estimates, inventory tracking and recurrent invoicing. The exceptions are multicurrency, expenses and projects, which are only included in the top plan. Here's an overview of the subscription plans Xero offers, along with costs and notes about what each plan includes.
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There are no long-term contracts when you use Xero. You can change your plan to a cheaper or more expensive option to fit your business's needs without incurring additional costs. Being able to cancel your plan at any time without penalty means you won't be locked into a service for years using software that doesn't meet your needs or that you don't like, unless you pay early termination fees.
Top 5 Accounting Software for Mac(macOS 1O.14 Included)
There are also no setup fees or hidden costs. The company no longer provides payroll services with its mid- and top-tier plans, but instead recommends adding Gusto to your plan. To find out if Xero is as easy as advertised, we tried the software ourselves by signing up for a business account. Registration was a breeze, and we were able to start using Xero right away.
The user interface is intuitive and gives you getting-started tasks that help you explore the software and use its core features. Plus, many pages have videos or guides you can click on that provide a quick tutorial on how to use that feature. The dashboard uses simple dropdown menu navigation, so it's easy to add data, connect accounts, create reports and find the tasks and information you're looking for. It displays key information, using at-a-glance widgets that show you snapshots of bank balances, invoices owed, total cash in and out, outstanding bills, tasks, and more.
One unique thing about Xero's dashboard is that these widgets are movable, so you can organize the display to your liking. You can also click on them to quickly navigate to certain parts of the software. When we asked small business owners what the "perfect" accounting software should do, the resounding answer was that it should save you time. Xero meets this requirement by automating processes, making accounting tasks as easy as possible to accomplish.
In addition to standard accounting capabilities, here are some of the timesaving features Xero offers:. Outbound phone support is available, if, for example, you have an issue that can't be resolved by chat or email. Its support teams are located around the world, so there's always someone available to help you, no matter what time zone you're in.
The company prides itself on providing prompt responses and wait times are minimal. We chatted with the company, posing as a small business looking for accounting software and asked a long list of questions about Xero's capabilities. The representative we chatted with was helpful and knowledgeable. He answered our questions, offered links that could give us more information and encouraged us to take the free trial for a test drive. Xero offers self-help options on its website, including a searchable database of step-by-step instructions, small business guides, video tutorials, podcasts, training opportunities and a blog.
Best Value
For example, if you're a QuickBooks user looking to switch to Xero, you can read an article with detailed instructions that walks you through the process, showing you how to import your QuickBooks data into Xero so you don't have to manually enter data and recreate customer accounts. In addition to its timesaving features, Xero has an impressive selection of tools that help you manage your finances and run your business. Xero takes the headache out of financial reports with a variety of reporting options, including a general ledger, aged receivables and payables, profit and loss, and a balance sheet.
The reports are customizable so you can track the data that's most important to you. The software also includes budgeting tools.
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Expense claims. With the Established plan, you can record, manage, claim and reimburse expenses. The software allows you to add billable expenses to invoices and attach receipt images, making it easy to pass on expenses to your customers.