Xero: The Ankylosaurus of Accounting Solutions


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Is Xero the right accounting solution for you? This series, sponsored by shoeboxed.com, is dedicated to reviewing five different small business accounting solutions so that you can determine which one is right for you and your business. And to spice things up a little, we’ve put a prehistoric twist on it!

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Xero: The Ankylosaurus of Accounting Solutions

  1. 1. TM“The Ankylosaurus ofAccounting Solutions”
  2. 2. TM Toll Free: 1 (888) 369-4269Xero at a glance:• known the world over for being a beautiful,user-friendly accounting solution• integrated with over 50 add-ons to fit almostany accounting need• based in New Zealand but spreading rapidly inAustralia and the United States
  3. 3. TM Toll Free: 1 (888) 369-4269Xero strengths:• beautiful, user-friendly and intuitive interface• integrates with bank feeds and cross-references receipts for reconciliation• complete sales tax support• unlimited access points• full international currency support
  4. 4. TM Toll Free: 1 (888) 369-4269Xero weaknesses:• does not handle inventory, purchases or stock• the monthly fee may increase with add-ons,not all add-ons are free• US-based payroll is not built in (yet)• exporting data can be time consuming• reported issues with reconciliation
  5. 5. TM Toll Free: 1 (888) 369-4269Xero is ideal for:• everyone looking for an easy-to-use, cloud-based accounting platform• anyone who travels or conducts businessinternationally on a regular basis• those who work in an industry• businesses planning to scale
  6. 6. TM Toll Free: 1 (888) 369-4269Like Xero, an Ankylosaurus:• was a durable, well-armored force, not to betrifled with by the faint of heart• traveled in large packs, recognizing that it wassafer and more efficient to move in groups• wasn’t the largest dinosaur of the prehistoricera, but had one of the longest lifespans
  7. 7. TM Toll Free: 1 (888) 369-4269More information availableFor a complete Xero product review, including moreinformation on why Xero is the Ankylosaurus ofaccounting solutions, please visit the Shoeboxed Blog:www.shoeboxed.com/blog/dino-series.
  8. 8. TM Toll Free: 1 (888) 369-4269About ShoeboxedSince 2007 Shoeboxed has been the industry leader in online receipt scanning andorganization, serving over 500,000 small business owners worldwide. The pioneers ofcloud-based receipt scanning, Shoeboxed saves users time, money and hassle by turningreceipts into a categorized, IRS-accepted archive of secure online data.Shoeboxed offers a fully functional free plan, as well as premium plans that include aprepaid mail-in service for physical receipts. Shoeboxed also accepts receipts via theirfree smartphone apps, with their free desktop uploader, or at receipts@shoeboxed.com.Shoeboxed is based in Durham, North Carolina, and has growing offices in both SanFrancisco, California, and Sydney, Australia.