What is Xero Accounting Software?

[EvelynLopez]

Can you help me understand what Xero Accounting Software is? I'm looking for a brief explanation of its features and how it helps with managing finances for businesses.

 

[louisegrant]

Xero is a software as a service online accounting solution that provides invoicing services, bank feeds, payroll, inventory management and real-time financial reporting. Small and middle-sized businesses are using it to help them in automated bookkeeping and cooperate with accountants.

 

[AdleyJohnson]

Xero is a cloud-based accounting software designed primarily for small businesses. It automates daily bookkeeping tasks like invoicing, bank reconciliation, and financial reporting. Being cloud-based, it allows for real-time access and collaboration with accountants from any device.

 

[Choaks]

Xero is a computerized accounting solution that is cloud-based and is targeted at small and medium-sized companies. It assists businesses in the management of invoicing, expenses, bank reconciliation, payroll and financial reporting on-line. Since it is cloud-based then you have the ability to use it anywhere as long as you have internet access and you can have more than one user (such as an accountant, business owner, bookkeeper, etc.) using it in real-time.

 

[William Johnson]

Xero is an accounting software operating in the cloud enterprise that delivers the opportunity to financial managers of small and middle-sized enterprises to work with the finances. It processes invoicing, expenses, payroll, bank reconciliation, and reporting, via web browser or a mobile app. It is cloud-based so that the business proprietors and accountants can be in the same system which allows them to book keep easily.