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Xero

Table of Contents
SME Reviews 1
Introduction

Xero accounting software allows its customers to connect with I updated this to ‘over 1,000’ as Xero currently advertises having more than 1,000 apps in their App Store.over 1,000 smart business apps, including third-party apps like Stripe and Vend in the Xero app marketplace and add-ons like Xero Expenses and Xero Projects.

Business owners can use Xero accounting software to communicate and work with their accountants, bookkeeper, or employees, including leaving comments and discussing business data in real time. Employees are able to submit expenses, manage leave, and send invoices.

Main Features

All Xero plans (Starter, Standard and Premium) have the following features: bank connections, inventory, reporting, accept payments, purchase orders, Smart Document Capture, contacts and smartlists, and VAT returns.

Starter package features

  • Send quotes and 20 invoices
  • Enter five bills
  • Reconcile bank transactions
  • Capture bills and receipts with Hubdoc
  • Short-term cash flow and business snapshot

Standard package features (Includes all Starter package features)

  • Send an unlimited amount of invoices and quotes
  • Enter bills
  • Reconcile bank transactions

Premium package features (Includes all Standard package features)

  • Send an unlimited amount of invoices and quotes
  • Enter bills
  • Reconcile bank transactions
  • Use of multiple currencies
Pricing
  • Starter package (for sole traders, new businesses, self-employed) – R90/m for the first 3 months, then R450 p/m
  • Standard package (growing businesses) – R159/m for the first 3 months, then R795 p/m
  • Premium package (established businesses of all sizes) – R219/m for the first 3 months, then R1095 p/m

The following optional add-ons are available for all plans: Claim expenses from R72 per user/month, and Project tracking from R126 per user/month.

Pros and Cons

Pros

Supports unlimited users at no extra cost on all base plans.
Highly intuitive dashboard with automated bank reconciliation.
Strong collaboration tools for business owners and accountants.
Connects with over 1,000 smart business apps and add-ons.

Cons

More expensive than similar cloud accounting software.
The Starter plan severely limits invoices (20) and bills (5).
Lacks inbound phone support; relies on email and callbacks.
Expense claims and project tracking require paid add-ons.
FAQs

Yes. Xero protects your data with industry-standard encryption, mandatory multi-factor authentication (MFA), and highly secure, enterprise-grade cloud servers.

Xero seamlessly connects via its App Store, offering over 1,000 plug-and-play integrations for payment gateways, CRMs, inventory managers, and payroll systems.

Absolutely. Unlike many competitors, Xero allows unlimited users at no extra cost on all of its base plans, complete with customizable, role-based access.

Xero’s Premium plan supports over 160 currencies. It automatically updates exchange rates hourly and instantly calculates foreign currency gains and losses.

Because Xero is 100% cloud-based, your data is automatically backed up in real-time across multiple secure servers, eliminating the risk of local hardware failures.

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