Xero is cloud-based small business accounting software that is also popular with solo and small law firms.
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Who Xero Is For
Xero is a good fit for most firms, especially those that want to take advantage of its many integration. Xero is also relatively inexpensive, especially because its pricing is not based on the number of users.
(For what it’s worth, we switched Lawyerist’s books over to Xero at the beginning of 2014 and we are still using it in 2020.)
Xero Features
Website
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www.xero.com |
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Apps
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Starting Price
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$9/month |
Free Trial
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✓ |
Bookkeeping
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✓ |
Connect Bank Accounts
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✓ |
Billing/Invoicing
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✓ |
Online Payments
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✓ |
Timekeeping
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✓ |
Mileage Tracking
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✓ |
Bill Payment
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✓ |
Statement Reconciliation
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✓ |
Payroll
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✓ |
Tax Preparation
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✓ |
Reporting
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✓ |
Foreign Currencies
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✓ |
Check Printing
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✓ |
Contact Management
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✓ |
User Management
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✓ |
Additional Details About Xero
Migration. Xero allows you to import data from other programs in both TXT and CSV format. It also allows you to import from a QuickBooks file format with Xero’s conversion tool, which converts US QuickBooks accounts from QuickBooks 2007 or later. It can automatically convert the current and previous fiscal year, and you can convert earlier years by purchasing one of Xero’s add-ons. Unfortunately, Xero cannot convert payroll information, closed purchase orders and quotes, or bill reference numbers.
Security. Xero has industry-standard data encryption, and backs up your account daily across multiple servers. It also encrypts your data when stored on its servers and when transferring your data between its own data centers while backing up or replicating your data. Zero also offers two-factor authentication. Physical access to the data centers is monitored 24/7 and Xero performs regular security audits.
Xero is great accounting software.
Xero is really great and flexible accounting software.