Today’s leading accounting platforms offer standard security features like data encryption, secure credential tokenization and more. While human error will always play some role in security breaches, you can be confident in your accounting platform when it comes to keeping your information safe. Payments are due by the end of your monthly billing period based on the date you purchased your subscription.

Life before Xero was a nightmare. Using a spreadsheet took a ridiculous amount of time.

Business owners, freelancers and entrepreneurs often spend a large chunk of time on administration and accounting. You can import data from another accounting system in bulk via CSV files once you’ve done the initial set up in Xero. That includes the chart of accounts, invoices, bills, contacts and fixed assets. Check out the Xero App Store to find, try and buy business apps that connect easily to Xero online accounting software.

All your small business accounting in one place

You can sort by specific function or narrow down the options by industry. Some popular add-ons include Timely, Shopify, Stripe, PayPal and Airwallex. Xero’s new plans give you all the tools you need to control your business finances like a pro. Keep your practice one step ahead with Xero accounting software. Get an overview of Xero plans and pricing to help choose the right product for you. See guides to help you do better business, and understand the often overwhelming world of accounting.

Lessons in running a thriving business from Paul Walden Interiors

But if you’re a bigger company that requires more functionality, Xero lets you manage your inventory and provide access to everyone in the company without extra fees. Payroll is just one of the many other products Sage offers as well. For example, if you’re also looking for an HR management solution, Sage HR integrates seamlessly so you can manage your workforce. There’s also a separate time-tracking software—Sage Timeslips—and even a customer management tool called Sage CRM. While it might be nice to have all of these in one dedicated software, it’s nice you can pick and choose exactly which components would best benefit your business. Xero and Sage’s main selling point is their intuitive invoicing systems.

To see how they stack up with de minimis fringe benefits other software, check out our list of the best cloud accounting programs. Xero and Sage are two excellent accounting options for small businesses looking to get their finances in order. Both made our list of the best accounting software because of their invoicing capabilities and bank transaction reconciliation. We compare Xero vs. Sage so you can decide on the perfect accounting solution for your needs.

1. You can receive automated bank feeds into your accounting software and connect to other business apps for greater efficiency.
2. The payment date depends on when you signed up to a pricing plan.
3. For free invoicing platforms, consider Zoho Invoice, Square Invoices or PayPal Invoicing, although these platforms provide fewer capabilities.
4. We’ve compared Xero with its competitors to help your search.
5. You can sort by specific function or narrow down the options by industry.
6. We recommend you work with an accountant or bookkeeper, preferably one with Xero experience, when you move to Xero online accounting software in the US.

All features

But if you use one, they can help set it up to work the best way for your business. Accounting software made for small businesses and sole traders. We also have online articles, videos and training available.

It allows three users for its Essentials plan ($55 per month) and 25 users for its top plan, the Advanced ($200 per month). Xero, on the other hand, offers unlimited users for all plans. This can be helpful if your company is growing fast, or you simply want the reassurance that there’s no limit to how many people can be part of the team. Access Xero features for 30 days, then decide which plan best suits your business. All pricing plans cover the accounting essentials, with room to grow. Xero’s cloud accounting software has features and tools to help you run your small business, so you can spend more time doing what you love.

Each month, Xero sends you a link to your subscription invoice with easy ways to pay for your accounting software. You can pay it using Visa or Mastercard debit or credit cards, or by direct debit. The payment date depends on when you signed up to a pricing plan. You can upgrade or downgrade your plan or cancel your subscription at any time with one month’s notice. Xero processes payment through a payment gateway like Stripe, GoCardless and others. Keep in mind that these services charge a fee to process payments (usually around 2.9% plus 25 cents per transaction, though this varies by the payment processor).