Our website uses cookies to enhance the visitor experience (what's a cookieCookies are small text files that are stored on your computer when you visit a website. They are mainly used as a way of improving the website functionalities or to provide more advanced statistical data.). Are you happy for us to use cookies during your visits?
Please note: continuing without making a choice equates to giving us your consent, which you can withdraw at any time via our cookies policy page.


Xero

Popular but not amendable

 

We have listed this, not because we recommend it, but because the hype on this software is amazing. We will work with it - but do not recommend it as highly as Clearbooks, Freeagent or Wave (which is free).

Xero has been written with open architecture. It is linked to many other software packages including Yodlee, payment providers, Mobile phone technology, links from sales ordering systems, CRMs and other softwares.  I like their open and pioneering attitude.  The bank liaison is key and is based on Yodlee account aggregator technology.  Xero therefore downloads transactions from your bank account automatically (ie without a need for the import of a file exported from your bank statement).

The software is so close to what I want to my clients and the wider community.

But the problems remain those listed in the review (myobalternatives.com).  While the expenses can be amended, Xero creates sales that cannot be amended.  It has a ‘reconcile accounts’ function that is far too prominent – the transactions appear not to go into the software until they have been reconciled. 

It is basically too slow and clunky.  For an online package it should be a lot more user-friendly.


Ask an MYOB accountant

Call us on 01422 847500Call us now on 01422 847500


Sign up for our newsletter

cima