Easily share access and collaborate with your team, your clients, and with Xero support. Sage 50 Accounting’s Cash Flow Manager tool is a helpful feature for people who want to better understand how future transactions could impact their business. The tool also lets you adjust the time frame to see how your business has changed over time. Our partners cannot pay us to guarantee favorable reviews of their products or services.
If using multiple currencies is a priority to you, consider other platforms that offer this capability at a lower cost. Zoho, for example, is accounting software with a free invoice platform that allows you to bill in multiple currencies. Business owners, freelancers and entrepreneurs often spend a large chunk of time on administration and accounting. 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.
With shared access to Xero for invited users, you can collaborate within your team, with your clients, as well as with the experts at Xero. Xero’s online accounting software and pricing plans are designed for small businesses, plus it’s free for you to use to run your own practice. Xero has pricing plans to suit your business, no matter its size or stage.
Unlimited users
Xero is powerful online accounting software for US small businesses. Manage your cash flow, track expenses, accept payments online, and much more – all without leaving Xero. After you start a free 30-day trial of Xero, you’ll activate the account and provide details about your business.
Accounting software that connects to your bank
- Xero is a great option for large teams and small- to medium-sized businesses that need high-level accounting systems.
- Use simpler versions of Xero’s accounting software for small businesses clients whose needs are more limited.
- Click the “OK” icon between the two to verify the match is correct.
- Today’s leading accounting platforms offer standard security features like data encryption, secure credential tokenization and more.
- Accounting online with Xero will protect your data through multiple layers of security, such as encryption.
- Become eligible for discounts on client subscriptions, and choose whether to pass them on.
Once you’re set up in Xero you can import all your data from your previous accounting software, including the chart of accounts, invoices, bills, contacts, and fixed assets. 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. Each month, Xero sends you a link to your subscription invoice with easy ways to pay for your accounting software. You can pay it using Visa or Mastercard debit or credit cards, or by direct debit.
Life before Xero was a nightmare. Using a spreadsheet took a ridiculous amount of time.
The mobile app is free with every subscription, and is compatible with iOS and Android. Xero’s invoicing capabilities allow you to create and customize an invoice for clients and then accept credit card, debit card or bank transfer payments components of the income statement within the invoice itself. Xero processes payment through a payment gateway like Stripe, GoCardless and others. 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).
Get the most out of Xero with access to our team of onboarding specialists during your first 90 days. With data flowing in daily, you’ll be able to take control of your workflow and create time for work that’s rewarding, professionally and financially. Working more effectively allows you to lower prices and attract new clients – or to claim back some hours in your day.
You can also collaborate with other people, like accountants and bookkeepers, by giving them access to view and share your figures. Xero regularly backs up your data and protects it with multiple layers of security. The mobile app works with Xero accounting software to help you run your small business from anywhere. Keep track of your unpaid and overdue invoices, bank account balances, profit and loss, cash flow, and bills to pay. You can also reconcile bank accounts and convert quotes to invoices.