As your business grows, it is important to have accounting software that supports and adapts to these changes. Xero's pricing and plans are in line with the company's progress, which is important for small businesses that are growing and don't intend to stay small.
When we asked small business owners what the "perfect" accounting software should do, the harsh answer was that it would save you time. Xero record control meets these requirements by automating processes and making accounting tasks as simple as possible.
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In addition to standard accounting features, here are some of Xero's time-saving features:
Invoices: You can send clients electronic invoices that they can pay online. If your company provides a quote or estimate to a customer, you can turn it into an invoice with just a few clicks. You can also schedule the order to automatically send recurring bills and suggestions so you don't waste time chasing payments.
Bank reconciliation: When you connect your bank account to the system, Xero will automatically import bank and credit card transactions. The Software Match Tool matches transactions and learns how to predict matches when using this feature. You can also set it up to group transaction-based groupings by rules so transactions don't have to be categorized individually.
Inventory: The software includes inventory control tools and can track items in real-time and show you how much product you have when you create an estimate, quote, or invoice. It can help you identify your best-selling and most profitable items.