pros and cons of xero accounting software

That makes sense if you think in terms of global corporations, but many freelancers sell products across the globe. Still, it's an odd feature for Xero to overlook.Ī further limitation? Multi-currency functionality comes with the priciest plan only. Fortunately, Xero syncs with nearly 1,000 third-party apps, including expense tracking apps like Expensify. Project tracking tends to matter more for bigger businesses with complex time and project tracking needs, but expense tracking is crucial for every business owner-freelancers and sole proprietors included. Oddly, Xero only includes expense and project tracking with its most expensive plan.

(Of course, if you're sending those five clients multiple invoices a month, FreshBooks could work better for you-though Xero's basic plan is still cheaper by a few bucks.)

While not exactly unlimited, that's still better than FreshBooks' cheapest plan, which keeps you to billing just five clients a month. Xero's basic plan, Early, limits you to sending 20 invoices and 20 quotes a month.

Pros and cons of xero accounting software