Keep track of your unpaid and overdue invoices, bank account balances, profit and loss, cash flow and bills to pay. You can even reconcile bank accounts and convert quotes to invoices. It’s free with every subscription and compatible with iOS and Android. With your accounting software and data stored in the cloud, you can access your up-to-date accounts anywhere there’s an internet connection.

Quotes

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.

Keep on top of your cash flow

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.

Xero can what is a natural business year be easier to use for beginners, as it has a user-friendly layout. Explore Xero's range of features, designed to streamline your accounting needs. Give your team access to Xero’s software and invite your advisor to collaborate. If you’re looking for an accountant who specializes in Xero, you can search for an accounting advisor through their website by location and industry. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website.

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.

The mobile app is free with every subscription, and is compatible with iOS and Android. Looking at Xero vs. Sage, you can see they stack up quite well. Because both software come with a 30-day free trial, you’ll have plenty of time to give each a test run before committing. However, there are some key features missing from Sage, including bill pay and time tracking. While Sage does offer accounts payable, it seems you still have to manually pay bills from your bank account. Sage does have the upper hand against Xero when it comes to quotes and invoices, as well as multi-currency support.

1. From streamlined bank connections to intuitive online invoicing, Xero's features empower you to prioritize business growth.
2. If you want to talk to a human being, you have to submit a ticket and request a callback.
3. We compared the two options in terms of their key features, pricing and customer service to help you decide which is right for your business.

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).

Using the demo company

To see how they stack up with 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.

Plans and pricing

Simplify your finances and get more done with Xero online accounting software. Get started with the demo company, or if you set up your own business, Xero protects your data with multiple layers of security. Access Xero features for 30 days, then decide which plan suits your business best. Kristy Snyder is a freelance writer and editor with 12 years of experience, currently contributing to the Forbes Advisor Small Business vertical. She uses her experience managing her own successful small business to write articles about software, small business tools, loans, credit cards and online banking.