Xero is an online accounting software product for small and medium-sized businesses, as well as for personal finance.I really got eager to know more on this product how does it maintains and support accounting, invoicing, billing & banking with online.Lets see it one by one.
In this you can easily see your detail accounts of your business.You can acess your accounts from work,home or on the go.Invite others to view your accounts by sharing your credentials and can ask for advice very easily.You can keep track of accounts,money incoming,money out going and expense claim easily from online,which gives you a accurate result.The dashboard for the account is good in look and fell,displays everything in graph.The data is completely secured even if your computer is lost.
Get your bank statements imported and categorized automatically.Including credit cards,paypal and support for over 160 foreign currencies.It helps to keep your business status up to date. Xero will match most of your bank transactions automatically. Just click OK to reconcile. You can also create custom rules to automatically match more complex transactions, like split payments
Get better control over income & revenue by scheduling your accounts receivable. Create and send professional invoices automatically & get paid online. Payments, returns and credits are tracked automatically.It also allows you to design your own template with your logo.You can apply different layouts for varios types of transactions and customers.You can also glance any overdue invoices.Allows you to add inventory items to speed up invoicing while tracking goods and services sold.It also provides facility foraccepting credit card payments,customers can just click payment link on your invoices and make direct payment using credit card or paypal.
It allows us to pick up a wide range of powerful addons. Manage all aspects of your business by integrating your accounts with advanced
payroll, CRM, inventory management systems, plus a wide range of other
specialized software. Setup is so easy, you can be up and running in a minute.
Xero ensures highest level of security and never allows to lose your data even if computer is lost.It protects your financial information and does not allow unauthorized access and system failures.