Inventory management software that keeps you selling
Want your top sellers on the shelf and less cash stuck in slow stock? See what you've got as you buy and sell. Reorder before you run out, and spend less time counting by hand.
3 ways stock tracking helps small businesses grow
Spend less time on stock admin and more on the work you love, with stock data that's accurate and up to date.
Save time managing your stock
Track everything you buy and sell in one place, so you save time managing stock.
Spot stock shortages and excess stock
Stock levels update as you buy and sell, so you see what's running low and avoid selling out or over-ordering.
Connect your inventory and accounting
Xero links the two, so tracking products takes less time and you get a clearer picture of your finances.
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Track stock with inventory software
When you’re approving invoices and bills, Xero updates your stock levels at the same time. Xero’s inventory management software for small businesses tracks up to 4000 finished items, with room to extend through the Xero App Store. Reports help you spot slow-moving stock before it ties up your cash.
See how stock control works in Xero
Buy more of what sells
Which products fly off the shelves, and which sit for months? Reports show how well your items are selling, and the quantity and value of stock on hand. Use those numbers to plan your buying around busy and quiet periods, and see which items need a push.
Explore Xero's financial reporting tools
Skip the retyping on every quote and invoice
Set up an item once and reuse it whenever you trade. Its price, description, account, and tax rate drop straight into quotes, invoices, bills, and purchase orders. That saves time and keeps your invoices and bills consistent!
Send professional invoices online with Xero
Keep stock and accounts in step
Every stock movement flows into your accounts, cost of goods sold included. It's cloud inventory management software, so one up-to-date view of stock and finances goes wherever you do. You can price and reorder on real numbers.
Discover accounting software for small businesses
FAQs on Xero's inventory management software
Inventory management software tracks how much stock you hold and what it's worth, alongside your sales. Xero's tracked inventory shows what you have on hand and its value, then records cost of goods sold each time you sell a tracked item. For the wider picture, read Xero's guide to inventory management systems.
Inventory management software tracks how much stock you hold and what it's worth, alongside your sales. Xero's tracked inventory shows what you have on hand and its value, then records cost of goods sold each time you sell a tracked item. For the wider picture, read Xero's guide to inventory management systems.
Xero keeps your stock figures current as you trade:
- stock levels update when you approve invoices, bills, and credit notes
- saved items drop into online quotes, invoices, and purchase orders
- adjustments update counts after a stocktake or when you write off damaged goods
- reports show what's selling and what your stock is worth
Xero keeps your stock figures current as you trade:
- stock levels update when you approve invoices, bills, and credit notes
- saved items drop into online quotes, invoices, and purchase orders
- adjustments update counts after a stocktake or when you write off damaged goods
- reports show what's selling and what your stock is worth
Yes, if you buy and sell finished goods. Xero's tracked inventory suits businesses that sell via invoices, and accurate figures help you spot shortages or excess stock. If you sell through a point-of-sale or ecommerce channel, an inventory app from the Xero App Store may suit you better. For more on stock control, see practical guidance from business.gov.au.
Yes, if you buy and sell finished goods. Xero's tracked inventory suits businesses that sell via invoices, and accurate figures help you spot shortages or excess stock. If you sell through a point-of-sale or ecommerce channel, an inventory app from the Xero App Store may suit you better. For more on stock control, see practical guidance from business.gov.au.
You can, and a spreadsheet works well when you only have a few products. Inventory management software updates stock as you trade and connects it to your accounts, so your figures stay current with less manual entry.
You can, and a spreadsheet works well when you only have a few products. Inventory management software updates stock as you trade and connects it to your accounts, so your figures stay current with less manual entry.
Absolutely. Xero is cloud-based, so you can check stock levels and add saved items to transactions in the Xero Accounting app wherever you are.
Absolutely. Xero is cloud-based, so you can check stock levels and add saved items to transactions in the Xero Accounting app wherever you are.
Definitely. You can import and export item details as a CSV file and export inventory reports to PDF. Attach photos and PDF contracts to items too, so everything about a product sits together.
Definitely. You can import and export item details as a CSV file and export inventory reports to PDF. Attach photos and PDF contracts to items too, so everything about a product sits together.
Certainly. After a stocktake, or when stock is damaged, you can adjust an item's quantity, average cost, and total value. For record-keeping obligations, check the Australian Taxation Office (ATO) guidance on keeping business records.
Certainly. After a stocktake, or when stock is damaged, you can adjust an item's quantity, average cost, and total value. For record-keeping obligations, check the Australian Taxation Office (ATO) guidance on keeping business records.
Of course. Hundreds of apps connect to Xero, and you can compare inventory apps on the Xero App Store. An inventory app is worth considering if you track more than 4000 items, manufacture products or need first in, first out (FIFO) costing.
Of course. Hundreds of apps connect to Xero, and you can compare inventory apps on the Xero App Store. An inventory app is worth considering if you track more than 4000 items, manufacture products or need first in, first out (FIFO) costing.
Common types of inventory include:
- raw materials
- work in progress
- finished goods
- maintenance, repair, and operating (MRO) supplies
Xero's tracked inventory is designed for finished goods.
Common types of inventory include:
- raw materials
- work in progress
- finished goods
- maintenance, repair, and operating (MRO) supplies
Xero's tracked inventory is designed for finished goods.
A few habits keep your stock data accurate and up to date:
- track stock as you buy and sell
- review sales reports to see what's moving
- run regular stocktakes
- reorder before you run low
Xero updates stock as you trade and shows your top sellers in reports, so these habits take less effort.
A few habits keep your stock data accurate and up to date:
- track stock as you buy and sell
- review sales reports to see what's moving
- run regular stocktakes
- reorder before you run low
Xero updates stock as you trade and shows your top sellers in reports, so these habits take less effort.
Plans to suit your business
Grow
Usually $78
Now $7.80
AUD per month
Save $210.60 over 3 months
Go beyond the basics - automate tasks and access performance dashboards.
- Send invoices and quotes
- Accept online invoice payments^
- Automate bill entry and track bills
- Reconcile bank transactions
- Track GST and lodge BAS
- Smart document capture basic extraction
- View real-time reports
- Automate superannuation
- Payroll for 2 people
- 60 day cashflow forecast
- Visualise performance with graphs
- Customise performance dashboards
- Claim expenses and mileage for 1 user
- Make online bill payments
- JAX automatically categorises and matches high-confidence bank transactions, giving you a reliable, up-to-date view of your finances.
Comprehensive
Usually $107
Now $10.70
AUD per month
Save $288.90 over 3 months
Optimise profitability - tailor your insights for greater control.
- Send invoices and quotes
- Accept online invoice payments^
- Automate bill entry and track bills
- Reconcile bank transactions
- Track GST and lodge BAS
- Smart document capture
- View real-time reports
- Automate superannuation
- Payroll for 5 people
- 90 day cashflow forecast
- Visualise performance with graphs
- Customise performance dashboards
- Claim expenses and mileage for 5 users
- Use multiple currencies
- Tailored financial health scorecards
- Make online bill payments
- Auto-reconcile transactions
- Budget with smart suggestions
Usually $143
Now $14.30
AUD per month
Save $386.10 over 3 months
Future proof your scaling business - with advanced tools and analytics.
- Send invoices and quotes
- Accept online invoice payments^
- Automate bill entry and track bills
- Reconcile bank transactions
- Track GST and lodge BAS
- Smart document capture
- View real-time reports
- Automate superannuation
- Payroll for 10 people
- 180 day cashflow forecast
- Visualise performance with graphs
- Customise performance dashboards
- Claim expenses and mileage for 10 users
- Use multiple currencies
- Tailored financial health scorecards
- Analyse KPIs and ratios
- Track projects for 10 users
- Benchmark against the industry
- Make online bill payments
- Auto-reconcile transactions
- Budget with smart suggestions
Get one month free
Purchase any Xero plan, and we will give you the first month free.
