Accounting software for your Canadian small business
Want to do more business, and less financial admin? Xero cloud accounting software keeps all your records in one place for easy, efficient bookkeeping. Automate your online invoicing and bank reconciliations, run reports for fresh insights into your business, and face tax season with confidence.
Boost your efficiency – and do more
Let automations streamline your invoicing, payments and expenses to save you hours each month.
Connect your business bank to Xero
See all your transactions on a single screen in your Xero organization to easily track your cash flow.
Meet CRA requirements and nail tax season
Simplify your Canada Revenue Agency compliance with Xero’s automated calculations and sales tax reports.
Customize Xero to help grow your business
Choose from hundreds of third-party apps – from HR to inventory management – for unlimited expansion.
Join over 4.4 million subscribers using Xero
Awards and recognition for our work
Speed up your quotes and estimates
Use Xero’s templates to get quotes out faster. Then easily turn accepted quotes and estimates into invoices.
Boost your invoicing process
Create, send, and track online invoices from your Xero desktop or the Xero Accounting app.
Accept online payments for better cash flow
Let your customers pay you online, straight from their invoices. Get the money in your account sooner!
Track your inventory like a pro
See real-time data on what’s selling – and what to restock – to optimize your inventory levels.
Manage your projects costs with clever tools
Automate your expense and time tracking to stay on top of all your projects.
Pay your team on time, every time
Sick of paydays? Set up fast and accurate pay runs with Xero online bookkeeping software.
Xero’s tools and features help clear your desk of accounting jobs – so you can take a breath and get back to running your business. Here are all Xero’s features
Plans to suit your business
All pricing plans cover the accounting essentials, with room to grow.
Improve your processes, win back time
Too many Canadian small businesses are paid late – by an average of 8.2 days in the summer of 2024. That’s why Xero makes the payment process as frictionless as possible. In fact, all our tools reduce and simplify your admin – so you’re free to get on with the work that really matters.
- Do less chasing – add a pay now button to your invoices so customers go through fewer steps to pay you
- Easily track your total spending and costs with automatic calculations and all records in one place
- Check the data most crucial to you – like sales figures and upcoming payments – on your Xero dashboard
- Run customized reports for insights into your business and get colorful, clear data visualizations to show your team
Connect your business bank accounts to Xero
Xero’s bank feed securely imports your transactions into Xero online accounting software each business day. No more logging on in multiple places and jumping between web pages – just zip through your bank reconciliations on a single screen, whenever you want!
- Connect your business bank accounts to Xero, including direct feeds from BMO and CIBC.
- Get all your bank transactions into Xero automatically
- Quickly reconcile transactions on the Xero Accounting app so your records are always accurate
- Check your business’s cash flow and make better decisions on your spending
Take control of your compliance
Knee-deep in tax paperwork? Let Xero’s automatic calculations kill errors and save you oodles of time. Quickly generate reports to file your GST/HST or provincial sales tax online, on time, drama-free. And enjoy full confidence in your numbers!
- Prepare federal and provincial tax returns in Xero’s intuitive software – no accounting experience needed
- Have peace of mind that Xero automatically updates the right tax rates for sales and purchases
- Set up default tax rates for contracts, inventory items, and accounts
Expand your possibilities with apps
Got a vision for your business? Find hundreds of third-party apps on the Xero App Store that connect to your Xero organization and strengthen your offering. Maybe it’s tracking your time more accurately? Or fine-tuning how you communicate with your team? Whatever your aim, there’s an app to help.
- Your figures stay up to date – data flows smoothly between apps and your Xero organization
- Easily find what you need – the Xero App Store features popular categories, from payments and debtor tracking to carbon accounting
- Stay compliant – apps designed for bookkeeping software in Canada and compliance with CRA rules
Start using Xero for free
Access Xero features for 30 days, then decide which plan best suits your business.
FAQs on accounting software
Xero’s cloud-based business accounting software lets you access your Xero organization anywhere with an internet connection. Do your financial admin away from your desk, – from recording business expenses and paying your team to checking your sales goals for the quarter. And because Xero is based in the cloud, your data is securely backed up and you don’t need any other software – just a multi-factor authentication (MFA) app for extra security when you log in.
See how Xero bookkeeping software helps your small businessXero’s cloud-based business accounting software lets you access your Xero organization anywhere with an internet connection. Do your financial admin away from your desk, – from recording business expenses and paying your team to checking your sales goals for the quarter. And because Xero is based in the cloud, your data is securely backed up and you don’t need any other software – just a multi-factor authentication (MFA) app for extra security when you log in.
See how Xero bookkeeping software helps your small businessNo, but it’s very useful. The Xero Accounting app works with Xero accounting software to help you run your small business from anywhere with an internet connection. Track of unpaid and overdue invoices, bank account balances, your profit and loss, cash flow, and bills to pay. You can also reconcile bank accounts and convert quotes to invoices. There are iOS and Android versions and the app is free with every subscription.
See how to stay connected to your business on the goNo, but it’s very useful. The Xero Accounting app works with Xero accounting software to help you run your small business from anywhere with an internet connection. Track of unpaid and overdue invoices, bank account balances, your profit and loss, cash flow, and bills to pay. You can also reconcile bank accounts and convert quotes to invoices. There are iOS and Android versions and the app is free with every subscription.
See how to stay connected to your business on the goOnce you’re set up in Xero you can import all your data from your previous accounting and bookkeeping software for small business, including the chart of accounts, invoices, bills, contacts, and fixed assets. It’s best to work with an accountant or bookkeeper, preferably one with Xero experience, when you move to Xero online accounting software.
Here’s how to convert to Xero from other accounting softwareOnce you’re set up in Xero you can import all your data from your previous accounting and bookkeeping software for small business, including the chart of accounts, invoices, bills, contacts, and fixed assets. It’s best to work with an accountant or bookkeeper, preferably one with Xero experience, when you move to Xero online accounting software.
Here’s how to convert to Xero from other accounting softwareThere are three basic steps to setting up an accounting system. The aim is to keep everything simple and accurate. First, open a dedicated business account for all your incoming and outgoing payments. Second, decide which accounting method (cash or accrual) suits your business. Third, choose accounting software, such as Xero, that has the features you need, like the ability to use eInvoicing and send foreign currency payments.
There are three basic steps to setting up an accounting system. The aim is to keep everything simple and accurate. First, open a dedicated business account for all your incoming and outgoing payments. Second, decide which accounting method (cash or accrual) suits your business. Third, choose accounting software, such as Xero, that has the features you need, like the ability to use eInvoicing and send foreign currency payments.
It’s easy to use Xero’s basic features. The software is intuitive, so people with no accounting or finance background can learn the basics quickly. It’s easy to connect your bank so your transactions flow into Xero, and to create professional invoices from scratch. Xero has all sorts of resources on business and finance topics to help, all written in plain English for when you want clear, simple answers. If you’re still unsure, Xero users can contact our support team 24/7 for help.
It’s easy to use Xero’s basic features. The software is intuitive, so people with no accounting or finance background can learn the basics quickly. It’s easy to connect your bank so your transactions flow into Xero, and to create professional invoices from scratch. Xero has all sorts of resources on business and finance topics to help, all written in plain English for when you want clear, simple answers. If you’re still unsure, Xero users can contact our support team 24/7 for help.
Yes, but an accountant’s expertise can help your business perform. But if you choose not to engage one, read online resources – like those by Xero – to help you manage cash flow, track payments, and create invoices. They also keep you up with regulatory changes around tax and record keeping, for example. And don’t forget accounting software like Xero – it keeps all your financial records in one secure place, and its automated calculations prevent mistakes, save you time, and make tax season easier.
Check out Xero’s directory of accountants and bookkeepersYes, but an accountant’s expertise can help your business perform. But if you choose not to engage one, read online resources – like those by Xero – to help you manage cash flow, track payments, and create invoices. They also keep you up with regulatory changes around tax and record keeping, for example. And don’t forget accounting software like Xero – it keeps all your financial records in one secure place, and its automated calculations prevent mistakes, save you time, and make tax season easier.
Check out Xero’s directory of accountants and bookkeepersTechnically, yes. But it can be a time-consuming process to work across different data sources and tools. Accounting software like Xero does this work for you. Xero keeps all information in one secure place, and makes automatic calculations to keep your records accurate and up to date. Because Xero is based in the cloud, you can log in at any time, from anywhere, and give your accountant and bookkeeper access so you can easily work with them on your finances.
Technically, yes. But it can be a time-consuming process to work across different data sources and tools. Accounting software like Xero does this work for you. Xero keeps all information in one secure place, and makes automatic calculations to keep your records accurate and up to date. Because Xero is based in the cloud, you can log in at any time, from anywhere, and give your accountant and bookkeeper access so you can easily work with them on your finances.
See more of what Xero can do
What to explore next in Xero
Xero’s online accounting software is designed to make life easier for small businesses – anywhere, any time.
