Overview
Xero is cloud-based accounting software for small businesses that connects bank feeds, invoicing, and reporting in one platform, with an AI assistant called JAX for insights and routine tasks.
Key Features
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Bank connections with automated transaction reconciliation and document capture via Hubdoc
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Online invoicing, bill payments, sales tax handling, and W-9/1099 management
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Payroll, expense and mileage claims, and multi-currency support on higher-tier plans
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Real-time reporting, cash flow forecasting, and customizable performance dashboards
