Why online accounting is good for your business


Everything you need to run your business. Fast, simple, powerful software. Run everything smoothly, keep tidy records, and make compliance a breeze.
- Automate tasks like invoicing, statements and reporting
- Get a real time full financial picture of your business
- Improve your cashflow
- Pay bills - Track and pay bills on time.
- Get a clear overview of accounts payable and cash flow.
- Claim expenses - Simplify employee expense claims. Capture costs, submit, approve and reimburse claims, and view spending.
- Import bank transactions - Import transaction data from your bank and other financial institutions so you can easily monitor your finances.
- Accept payments - Accept payments online and get paid up to twice as fast by connecting to Stripe, GoCardless and others.
- Track projects - Quote, invoice and get paid for jobs, plus keep track of time, costs and project profitability within Xero.
- Bank reconciliations - Keep your financials in Xero up to date. Categorise your bank transactions each day using suggested matches.
- Contacts and Smartlists - Look up a customer or supplier to see a full history of sales, emails, invoices and payments as well as contact details.
- Capture data - Get copies of original documents and key data into Xero automatically without manual data entry using Hubdoc.
- Files - Use Xero as your online filing system. Manage and share documents, contracts, bills and receipts safely from anywhere.
- Reporting - Track your finances with accurate accounting reports. And collaborate with your advisor online in real time.
- Stock/Inventory - Keep track of what’s in stock with inventory software. Populate invoices and orders with items you buy and sell.
- Send invoices - Work smarter with intuitive invoicing software. Send invoices from your phone or desktop, as soon as the job is done.
- Multi-currency accouting - Pay and get paid in over 160 currencies, with up-to-date exchange rates and instant currency conversions.
- Purchase orders - Create and send purchase orders online with purchase order software. Keep track of orders and deliveries at every step.
- Quotes - Create online or PDF quotes that make a great impression. Send them instantly from your phone or from the office.
- VAT - Automatically calculate VAT on transactions, and use reports to prepare VAT returns.
- Make end-of-year tax returns easy