Yes….. low volumen, a bit pacey…. I think this thing deserves some other explanetion… For example:
I will have now to dig into accounts and sub-accounts chore….
It’ll take longer to know the crucial tasks; as much as to be in love or not with the system
Gives me great hope in going into business again… and this time doing it well! All of the weaknesses were exposed last time, so I know what is on offer here is something that will go beyond just compliances with IRD. The information I have about my company will be way wider and more in depth.
It is without doubt the best accounting package in the world. We use it for ourselves and all our clients. Our service offering is built around it and we think it is the only choice for modern businesses.
Have just signed up a few days ago, have all accounts setup the accountant on board.
Already up to date 3 months of transaction done in a flash, this is by far the best accounting system yet. Brilliant and easy, was using myob and it was a mess. This is great!
Hi there – with Xero you can invite as many users as you need into your organisation (accessed from anywhere with a web browser) and you can add as many organisations as you like onto your subscription. There’s a bit more detail on the pricing page on our website – hope this helps.
You mean sexy, lovable, oarsome, wow? (Sorry – couldn’t resist :)).
In all seriousness their product does seem quite snappy. But it’s early days – they have very few customers right now so they’ll be running over an empty database and web servers with low contention. It will be very interesting to see how it performs with some real data in it, and how they generally scale their product as they scale their business.
Performance is number 1 on our list of non-functional requirements – we understand how important it is and we’re constantly working to improve it. We also realize that performance is one of the features that customers will use for comparison purposes between us and our competitors and we’re not backing down from that challenge!
[…] Easy to learn – the design and layout makes it easy to navigate your way around. The online tutorials are also superb. They making learning Xero quick and easy. Take a look at the Xero online tutorials […]
I really like the idea of Xero. It would make my business more streamlined. My concern is that the fee of $49 p/m is not available as a fixed rate or one off fee. What stops Xero increasing this to $59 next year, or $199? I am a bit old-school and would feel more comfortable if I could just buy Xero and ‘have it’ rather than renting it and being subject to pricing fluctuations. If I felt the need in the future I could upgrade to a newer version. Is this possible?
I am representing the competition, so see how long this post lasts
Real funny about the MYOB comment, classic….
I think xero is a great product, it looks good and easy to use although it doesn’t do everything I need. If I didnt have a better product I would have used it.
Two points here I think hit the nail on the head… one is the cost of Xero over time, which is expensive to begin with and can go up at any moment.
And the 2nd is the the performance, I thought it was so slow that I did some performance testing (I have a youtube video if you want) and it turned out that it is more than 100$ slower than our product.
The bottom line is the more you guys spend on taking down MYOb the better it will be for all of us, LOL
You’re right I shouldn’t have posted here, I apologise. I guess I didn’t think of myself as a serious company yet. Hopefully this will happen soon
I even asked Cathrine to remove my original post, I guess she can’t.
Hi All, I have not started with Xero yet, but I have a buddy (imac computer wiz) he does his homework on everything, this was an accounting package he recommended to start a business with, great for tracking business, easy to use, on-line help,etc Cost, if the package was cheaper would you expect the same as what is being offered now! pamm
I am feeling a bit weird. I am currently gettingn excited about streamlining the bookkeeping for the business I work in. BUT I can’t seem to watch your videos on my iPad from the comfort of my lounge!!!
Pricing comments ignore the hourly cost of a bookkeeper. If you are more efficient using Xero this quickly outpaces the additional monthly fee. Bookkeepers charge around $50 to $75/hour! Save 1 hour a month and you pay for Xero. Improve your business operations, invoice faster, collect payments faster. How much is this worth a month. The pricing comments scare me as these are advisers to business, imagine telling your clients that by saving $20pm or $50pm that they will be much better off. Their Tax Accountants charge between $100 and $500/hour! Guys, get real, running a business is about making more profit, not by cutting monthly costs by $10pm.
After 28 years, as prominent Quicken and QuickBooks specialists (http://BestQuickBooksCPA.com/), we wrote, “OMG! Xero is the future of accounting!” (bit.ly/pSTkHs) Today I wrote. “QuickBooks, Xero, Security and CPA Malpractice.” (http://bit.ly/OmDASW – not using programs like Xero is CPA malpractice)
I am pushing all business clients to Xero, saying they need need not use it. However, they cannot tell me what program to use and I will no longer use business data not checked by Xero. Once this hammers initial resistance and Xero rules automate up to 100% of entries, only a few will use QuickBooks for much. Meanwhile, supervised remote Xero CPAs (less than $10/hour), should cut fees and sharply cut costs.