Xero is an Amazon accouting software that works so smoothly connecting with A2X (which makes it integrable with Amazon), Quickbooks (same: a bridge between Xero and Amazon), Shopify, Square, Gusto, Zapier, iSOS, bank recepits, Paypal or Bill.com.
Table of Contents
All your external platforms all together to help your Amazon daily tasks such as: financial processes, improve cash flow management, provide real-time visibility into business finances and more.
Xero is so good and so used in the accounting environtment that they even have an special edition of the software focused on accouting and bookkeeping companies.
Xero features
The list of features is amazing, check'em out!
Pay bills
Track and pay bills on time, ensuring a clear overview of accounts payable and cash flow.
Claim expenses
Capture costs and submit expense claims with the expense manager tools.
Bank connections
Connect with over 21,000 financial institutions globally to save time with automated bank feeds and reconciliation.
Bank reconciliation
Keep account balances and financials up to date with easy confirmation of bank transactions through Xero's bank reconciliation software.
Accept payments
Accept online payments by credit or debit card directly from Xero invoices, increasing the odds of getting paid on time (those are good odds, believe me xD) and reducing payment chasing.
Pay runs
Keep basic pay records online, process pay runs for a small number of employees, and generate payroll reports.
Track projects
Quote, invoice, and get paid for jobs while keeping track of costs and profitability with project and job tracker software. This is not an Asana or Todoist, not a project manager, but a P&L project management tool.
Manage Xero contacts
Utilize Xero for CRM and contact management, consolidated with details of customers' or suppliers' sales, invoices, and payments.
Capture data
Automate the capture of documents and key data with Hubdoc, ensuring easy storage and accessibility within Xero.
Files or cloud storage
Store and manage documents, contracts, bills, and receipts securely from anywhere with Xero's online file storage.
Reporting
Track finances with accurate accounting reports and collaborate in real-time with your own (or Xero) advisors online.
Analytics
Intel & insights into future cash flow, track financial health, and monitor important metrics with Xero Analytics or upgrade to Xero Analytics Plus which includes even more data
Accounting dashboard
Keep an eye on finances through the accounting dashboard, tracking bank balances, invoices, bills, and more
Inventory
Keep track of stock levels and populate invoices and orders with items for easier inventory management. This is not a 360º Amazon inventory management tool, but it helps.
Purchase orders
Create and send digital purchase orders, tracking orders and deliveries using cloud-based software. Works for physical orders coming from ecommerce sales channels as well.
Online invoicing
Make invoicing processes easier with Xero's software, including automation of reminders and sending invoices from desktop or mobile. Automatic invoices include Shopify invoices tool, Amazon invoice generator tool, Square invoice generation and more
Multi-currency
Enable payment and receipt in over 160 currencies through multi-currency accounting with instant currency conversions.
Quotes
Professional online quotes and send them instantly using Xero's desktop software or app.
Sales tax
Automatically calculate sales tax on transactions and simplify the preparation of sales tax returns with reports.
Manage fixed assets
Easily track fixed assets and collaborate with accountants to ensure accurate bookkeeping.
Integrate apps
Connect Xero with various apps, integrations, and financial services to optimize business operations. We'll see more about that in the next section.
Integrations
Xero integrates with a wide range of apps and services, including:
- Amazon Seller Central
- Chargebee
- Invoice2go
- Katana ERP
- Quaderno
- Stripe
- Paypal
- Zapier
- Hubspot
- Mailchimp
- Inflow inventory
- Orderhive
- And much more, check the Xero app store
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Pricing
There are 3 pricing plans:
Starter plan – $25 USD per month
- Send quotes and 20 invoices
- Enter 5 bills
- Reconcile bank transactions
- Capture bills and receipts with Hubdoc
- Short-term cash flow and business snapshot
- Bulk reconcile transactions
- Use multiple currencies
- Optional: Claim expenses from $4 per month
- Optional: Track projects from $7 per month
- Optional: Analytics Plus (free trial for 4 months)
Standard plan – $40 USD per month
- Includes Starter plan features
- Send unlimited quotes and invoices
- Enter unlimited bills
- Optional: Claim expenses from $4 per month
- Optional: Track projects from $7 per month
- Optional: Analytics Plus (free trial for 4 months)
Premium plan – $54 USD per month
- Includes Standard plan features
- Capture and manage expenses on the go with mobile app
- Optional: Claim expenses from $4 per month
- Optional: Track projects from $7 per month
- Optional: Analytics Plus (free trial for 4 months)
There is a 30 day free with no credit card needed
Xero review
I don't think you can find a cheapest tool on the Amazon accounting software market with this amount of features. We are not just talking about more than 20 features, we are also talking about 25$ a month for a software that can reconciliate your bank account or even pay your bills and stay up to date on your inventory.
Also, the fact that you can connect with thousands of financial institutions globally through bank feeds and automated reconciliation is a major time-saving feature. And the option to integrate with various apps and services adds flexibility and customization to suit individual business needs.
Definitely, worth a try.
Our score
- Pricing (5)
- Learning curve (5)
- Number of features (5)
- User friendly (5)
Alternatives to Xero
Here you can find the top Xeros alternatives
About the author
Jordi Ordonez
I work as an independent eCommerce and Amazon consultant.
Clients
Estrella Damm, Intersport, Bella Aurora, Lladró, Textura Interiors, Nice Things Palomas, Castañer, Due-Home and many other clients.
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I teach and have been a speaker at: Meet Magento, Prestashop, Prestashop Day, SEMRush, Cambra de Comerç Barcelona, ClinicSEO, Ecommbeers, Ecommbrunch, Ecommercetour.com, Ecommfest, EOI, ESIC-ICEMD, Foxize, Generalitat de Catalunya, Inesdi, Quondos and The Valley. In addition, I have done in-company trainings for brands such as Orange and Adidas.
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I collaborate writing articles for Helium 10 blog, Shopify, SEMRush, La Vanguardia, eCommerce-news.es, Marketing4ecommerce...
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