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Xero

Cloud-based accounting software for small businesses.

4.3/5Founded 2006

About Xero

Xero is a cloud-based accounting platform that's particularly popular in the UK, Australia, and New Zealand. It offers beautiful design, strong bank reconciliation, and a large ecosystem of add-ons. Xero is known for being more user-friendly than QuickBooks while still offering powerful accounting features.

Key Features

Invoicing
Bank reconciliation
Expense claims
Purchase orders
Reporting
Payroll
Inventory
Multi-currency
Projects
Mobile app

Pros & Cons

👍 Pros

  • Beautiful interface
  • Great bank reconciliation
  • Large app ecosystem
  • Good for non-US businesses

👎 Cons

  • Limited US payroll
  • Can be pricey
  • Reporting limitations
  • Learning curve
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