Xero - Online Accounting Software
Xero is an online accounting software product for small and medium-sized businesses, as well as for personal finance. The product is sold through subscription (a distribution model commonly known as software as a service or SaaS) necessitating the payment of a monthly fee. This charge is proportionate to the number of company entities managed through the subscriber.
The significant features of Xero include automatic bank account feeds, invoicing, accounts payable, expense claims, fixed asset depreciation, and standard business and management reporting.
Xero can automatically import bank statements from thousands of banks globally, including the major banks in USA, UK, New Zealand and Australia.
Xero is available globally and provides localized versions for USA, UK, New Zealand and Australia.
Xero Accounting Software is a Software-as-a-Service (SaaS) accounting technology that is mostly geared to be used by small businesses. This accounting software can also be used by many medium-sized businesses. Xero Accounting Software is fully online and has numerous features. According to Glenn Baker, a writer for NZ Business, Xero Accounting Software has been a "pioneer" in the area of SaaS or cloud computing tied to their online accounting software. This technology currently has over 200,000 users in over 100 countries. Xero Accounting Software is owned by Xero, which is headquartered in New Zealand.
Xero is very convenient accounting software that small and medium sized businesses can use with their business. Listed below are some of the features of Xero Accounting Software that can be utilized by your business:
- Displays accounts - Others can view and you can view at work, home, or anywhere you want.
- Progress and send created invoices automatically and receive payments online.
- Can view cash flows and expenses.
- Shows impact of foreign currency rate on cash flows.
- Shows bank accounts. Displays bank transactions. Performs bank reconciliations.
- Shows credit card information.
- Manage personal finances.
- Add on particular software for items such as Payroll, Inventory, CRM, and much more.
Disclaimer: The software content used in this page is only for customers to know about the software and not for any commercial intentions.
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