Honest Xero Review 2025: Pros, Cons, Features & Pricing

See if it fits your business’ needs by reading my in-depth Xero review and evaluation. Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities.

Is Xero Easy To Use?

It supports importing a chart of accounts, beginning balances, customers, vendors, and service items, which makes the migration process seamless. Zoho Books, QuickBooks Online, and Xero—which are all among our best small business accounting software programs—are tight competitors in the US accounting software market. Xero beats what is xero QuickBooks Online’s Plus plan in terms of overall value, as Xero offers similar accounting software at a lower price point.

• Despite these areas for improvement, Xero’s inventory features integrate seamlessly into its A/P and A/R workflows, offering strong functionality for most business needs.
• However, I was somewhat disappointed when I clicked onto the “Chart of accounts” page.
• We deliver timely updates, interesting insights, and exclusive promos to your inbox.
• Before investing, consider your investment objectives and the fees and expenses charged.
• Leveraging my accounting and bookkeeping expertise, I rigorously assess software using our internal case study that objectively scores key features while upholding editorial independence.

Company details

As you’re creating that new bill, Xero will alert you with a pop-up—and with a single click, you can have the amounts from all the other outstanding bills automatically roll into the new one. This is great for consolidating payments and avoiding missing any outstanding balances. When you click “Add Account” from the chart of accounts page, Xero simply opens a customization pop-up window right in the current page—no waiting or loading.

Sign Up For Our Accounting Newsletter!

Despite these minor drawbacks, Xero still earned a high score in my review of A/P management due to its robust features. These include the ability to initiate e-payments and track contractor payments, making Xero a comprehensive and reliable tool for managing payables. You can upload a logo, create personalized messages, and choose which fields to include, but Xero doesn’t offer advanced customization like changing colors, layouts, or adding custom fields. This limits personalization for businesses wanting to reflect their brand more prominently. Xero https://www.bookstime.com/articles/hubdoc and QuickBooks Online have a lot of similarities, as both have strong features and numerous integrations. Successful accounting and payroll involve managing relationships with both external contacts and internal team members.

One notable shortcoming payroll is its inability to view inventory directly on POs, as mentioned in the A/P section. This limitation affected the advanced inventory features score, which reflects gaps such as the lack of multiple flow assumption options like FIFO or LIFO. Despite these areas for improvement, Xero’s inventory features integrate seamlessly into its A/P and A/R workflows, offering strong functionality for most business needs. From creating and saving vendors to recording payments, Xero excels in keeping billing systems organized. Its outstanding PO system allows you to convert POs into bills, track unpaid bills, record e-payments, and apply vendor credits seamlessly.

You’re our first priority.Every time.

Its customer support is limited to a single, email-based channel, and parts of its interface feel outdated. For businesses seeking employee management features like time tracking or communication, Xero’s integration with Connecteam offers a powerful solution. Connecteam streamlines time tracking and workforce communication, bridging the gap and enhancing Xero’s capabilities. Unlike many other competitors that cap the number of users per plan (looking at you, QuickBooks), Xero offers unlimited users even on the lowest tier plan. This is beneficial to small businesses that need multiple people to be able to log into the accounting software and don’t want to pay extra or upgrade to get more seats.