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Enterprise Layer Intelligence
Categories/Tax & Accounting/Xero
Xero

Xero

Founded by Rod Drury in 2006

Track cash flow, send invoices, reconcile bank transactions, and manage bills

Pricing model

Paid

Rating

★ People love it

Time to value

Quick Setup (< 1 hour)

You can use Xero to track cash flow, send custom invoices, and reconcile bank accounts for your business. The service lets you capture receipts and bills automatically to keep financial records organized without manual data entry. You can forecast cash flow, process domestic and international bill payments, calculate sales tax, and manage 1099 reporting. Xero also connects directly with your financial institutions and external business applications, allowing you and your bookkeeper or accountant to review accurate financial reports and monitor business performance from any device.

What Xero does

Send quotes and invoices to clientsReconcile daily bank transactionsCapture and organize vendor receiptsPay business bills via ACHGenerate profit and loss statementsCalculate sales tax liabilitiesTrack employee mileage and expense claimsSmart Document capture extracts details directly from paper receipts and billsDirect bank feeds for automatic daily transaction reconciliationFree domestic ACH bill payments included with standard plansCash flow forecasting projections up to 180 days in advanceAutomated 1099 and W-9 contractor tax preparation and filingMulti-currency support with automatic exchange rate updatesJAX conversational assistant to answer financial questions and complete routine tasks

Pricing breakdown

Pricing model: Paid

PlanList price
Ignite£18 / mo
Grow£39 / mo
Comprehensive£55 / mo
Ultimate£70 / mo

Tutorials & Demos

Frequently asked

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Used by

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Xero, accounting, bookkeeping, invoicing, bank reconciliation, cash flow forecasting, bill payments, receipt capture, 1099 management, sales tax, financial reports, expense claims, payroll, ACH payments, project tracking