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One drawback is that the process of customizing the look and feel of the invoice is slightly less intuitive than it is with some competitors. With Xero, you can make changes to invoices in the cloud without resending them. You can email invoices directly from the software, and Xero integrates with PayPal, Stripe, Square and other payment processors so you can accept payments online. Everything is done in the cloud, meaning you can edit the invoice without the hassle of resending it to the customer. Online InvoicingĮxcept for a few minor inconveniences, we were impressed with Xero’s invoicing capabilities.
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Users are required to download the free Xero Projects app, which they can use to record time and costs, as well as to create invoices and reports. Unlike alternatives such as QuickBooks, Xero includes time tracking. You can set the software to send reminders either before payment is due or when it’s past due, and also set up the system to email your customers receipts after you receive and record payments. Automatic payment reminders encourage customers to pay on time, saving you from having to follow up on outstanding invoices manually. One cool feature is that you can schedule recurring invoices (or “repeating invoices”) by setting the send date, frequency and end date. Here are some of the ways Xero makes accounting less tedious: Recurring Invoices Xero saves you time by streamlining processes and giving you the tools to accomplish financial tasks faster. Xero’s dashboard displays key statistics in an easy-to-understand way.Īdditionally, Xero makes a point of avoiding accounting jargon, such as “debits” and “credits,” throughout its interface, instead using terms such as “invoices owed” and “bills you need to pay.” This clear language makes the software easy for anyone to understand. Like other major accounting software, such as QuickBooks, Xero’s feature-packed interface can sometimes feel a bit overwhelming, but we found that it does a good job of organizing its tools as logically as possible. The main dashboard displays several key statistics that business owners want to have at their fingertips, including how much money is in their bank account, who owes them money, bills that need to be paid, and cash flow.Ī blue bar at the top of the interface contains several drop-down menus that house all of Xero’s features. When testing the software, we found Xero to be easy to navigate, with an intuitive and user-friendly interface.
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