Kashoo vs Xero

May 19, 2023 | Author: Michael Stromann
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Kashoo
Kashoo mobile and online accounting software for small business. Cloud based system for invoicing, expense tracking & bookkeeping. Kashoo is a complete double-entry accounting software solution that you and your accountant will love! Running your business gets a whole lot easier when you can access your books anywhere and anytime.
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Xero
Xero is accounting software for small business. Like alternatives, Xero allows to manage invoicing, reconciliation, accounts payable, bookkeeping and more. Share access to your latest business numbers with your team & your accountant – so everyone is up to speed. Xero accounting software lets you work anywhere.
Kashoo and Xero are both cloud-based accounting software solutions, but they have key differences in their features and target audience. Kashoo is designed for small businesses and sole proprietors who need a straightforward and intuitive accounting platform. It offers features like invoicing, expense tracking, bank reconciliation, and basic financial reporting. Kashoo focuses on simplicity and ease of use, making it ideal for users who are new to accounting software or prefer a more streamlined approach. Xero, on the other hand, is a comprehensive accounting software that caters to small to medium-sized businesses. It provides advanced features like invoicing, bank reconciliation, inventory management, payroll processing, and extensive reporting capabilities. Xero emphasizes scalability and integration with other business tools, offering a robust accounting solution for businesses with more complex financial needs.

See also: Top 10 Online Accounting software
Kashoo vs Xero in our news:

2017. Xero integrated with spending tracker Curve



Accounting software provider Xero has joined forces with Curve, a fintech startup that enables users to consolidate multiple bank cards into a single card and easily monitor their spending. The objective of this collaboration is to simplify the process of expense filing by reducing unnecessary complexities. Through the integration, users now have the option to connect the Curve app to Xero, allowing expenditures made using the Curve card to be automatically synced with the accounting software, eliminating the need for manual entry of each expense.


2015. Cloud accounting service Xero raises $111M



New Zealand-based online accounting software firm Xero has successfully secured a $110.8 million funding round with the aim of expanding its presence in the North American market. Including this latest investment, Xero has raised a total of over $240 million from various investors. Xero specializes in offering online accounting software tailored for small and medium-sized businesses, as well as accountants. Recognizing that many small businesses still relied on basic accounting systems or even Excel spreadsheets, Xero anticipated the future shift towards cloud-based solutions. By providing a platform that enables small businesses, accountants, and bookkeepers to perform accounting tasks online and through mobile devices, Xero has revolutionized the way they operate.


2015. Xero launched cloud payroll service in US



Cloud accounting startup Xero has unveiled a new product that expands its reach into the back-office realm by offering cloud-based payroll and tax software. Known as Xero Payroll, this solution specifically caters to the needs of over 5 million small businesses in the United States with less than 20 employees. Payroll management can often pose a significant financial burden for these employers, costing between $200 and $500 per month when outsourced to third-party providers. Apart from the outsourcing expenses, there is also the risk of human errors and potential penalties due to incomplete or inaccurate information. Xero Payroll aims to address these challenges by providing small and medium-sized businesses (SMBs) with a cloud-based platform similar to its accounting software. This platform enables seamless employee payment processing and facilitates the electronic filing of state and federal payroll taxes.


2013. Xero Launches New Features and Plans for a Payroll Solution

Xero, the cloud-based accounting solution designed for small businesses, has introduced a range of new features. One of the notable additions is Xero Touch, an updated version of its mobile app for Apple's iOS7. With Xero Touch, users can conveniently perform various tasks directly from their smartphones, such as checking bank transactions, creating invoices, and communicating with their accountant. Additionally, Xero has introduced Xero Files, a user-friendly drag and drop application. This feature enables users to easily upload and attach files such as invoices, expense receipts, contracts, and more, making them readily accessible and organized within the system. Furthermore, Xero Purchase Orders now allows businesses to create purchase orders in a similar manner to how they can generate invoices in Xero. The pricing for Xero's services starts at $19 per month for small businesses, which may vary depending on the volume of invoices and payments processed.

Author: Michael Stromann
Michael is an expert in IT Service Management, IT Security and software development. With his extensive experience as a software developer and active involvement in multiple ERP implementation projects, Michael brings a wealth of practical knowledge to his writings. Having previously worked at SAP, he has honed his expertise and gained a deep understanding of software development and implementation processes. Currently, as a freelance developer, Michael continues to contribute to the IT community by sharing his insights through guest articles published on several IT portals. You can contact Michael by email stromann@liventerprise.com