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XERO ACCOUNTING PACKAGE

Up to 50% Xero PSG Grant + S$7,000 SFEC Grant

Want to take more control of your business?

Xero Productivity Solutions Grant (PSG)

SMEs are eligible for up to 50% Productivity Solutions Grant (PSG) support for the adoption of Xero, a Pre-Approved Solution under the IMDA SMEs Go Digital programme.

We are a Reputable Partner for Xero Accounting in Singapore

Every business strives to grow its bottom-line profit, and partnering with Xero Accountants can help you to make this dream a reality. With Xero, your accounting staff can collect documents and prepare your accounts for compliance, as well as deliver critical information in real-time to facilitate your decision-making.

The Xero online accounting software was designed specifically for small and medium-sized businesses (SMEs), accountants, and bookkeepers, taking their accounting needs into consideration. It is a cloud-based all-in-one accounting software that makes it easier to manage business tasks such as collecting payments, preparing invoices, tracking expense claims, paying bills and more. 

As all data is maintained centrally, it enables users to collaborate and share information with anyone at any time. You can connect your bank accounts quickly and efficiently to obtain an accurate overview of your cash flow and perform daily reconciliations. With the Xero accounting package, you can use any smart device to access complex business reports with real-time data and consistently make informed decisions. 

The Xero online accounting software can be integrated with over 1000 third-party apps that manage various business processes such as accounting, payroll, CRM, inventory, and eCommerce. It provides you with a smart and secure platform to store all your data and access them at your convenience.

Benefits of Xero Accounting

Accessibility and Convenience

Xero provides real-time access to your financial data from anywhere with an internet connection.

Time-Saving Automation

Xero online accounting software automates many manual accounting tasks, saving you time and reducing the risk of errors.

Comprehensive Financial Insights

With Xero’s robust reporting and analysis features, you can gain valuable insights into your business’s financial health.

Collaboration and Integration

Multiple users can access the software simultaneously, facilitating better teamwork and coordination.

The Xero accounting package also integrates with a wide range of third-party applications, such as payment gateways, CRM systems, and inventory management tools.

Benefits

Xero vs Quickbooks

Xero Online Accounting Software QuickBooks Online Accounting Software
User Interface
Easy to use and designed for users with limited accounting experience
While user-friendly, it appeals more to accounting experts
User Limit
Users are unlimited on all plans
Most plans include a user limit
Integrations
Over 1,000 third-party platforms
750+ pre-built integrations, with a reliable API for custom integrations
Features
  • Reliable reporting tools and personalised reports
  • Shared access to accountants
  • Payroll and HR management
  • Project tracking tools
  • Basic inventory management in all plans
  • Professional invoicing
  • Receipt capturing with Hubdoc

Unique Features:

  • Offers multi-currency support
  • Monitors real-time project profitability
  • Unlimited users 
  • Add-on option for Analytics Plus
  • Robust reporting tools and customisable reports
  • Shared access to accountants
  • Cloud accounting
  • Payroll and HR management
  • Project tracking tools
  • Inventory tracking in high-level plans
  • Professional invoicing
  • Receipt capturing via mobile app

Unique Features:

  • Includes a desktop version
  • Built-in inventory management tool
  • Unlimited invoicing 
  • Real-time bookkeeping assistance
Cloud storage
Yes
Yes
Customer Support
24/7 online support and an extensive resource portal
Phone and chat support is available, but with limited hours
Tax Tools
Limited tax tools
More advanced tax tools

Is Xero Accounting Software the Right Tool for My Singapore Business?

When you are a business owner in Singapore, time and money inevitably become two of your top priorities. You have to balance operations, sales, administrative tasks, and customer service. Selecting the right accounting software plan not only minimises the strain of accounting but also lays the foundation for efficiency and future-proof growth. With the proper Xero accounting package, you can:

  • Automate time-consuming tasks: Allow you to save time on tasks such as invoicing, bill payments, and bank reconciliations. 
  • Gain precise insights: Having real-time visibility into your cash flow enables better decision-making.
  • Collaborate seamlessly: You can work with your bookkeepers and accountants without being concerned about version control.

What to Consider Before Investing in Xero Accounting Software?

  • Invoicing Volume: What is the average number of invoices you send out each month? 
  • Expense Management: Do you need to keep track of any significant business expenses?
  • Payroll: Do you currently hire people or anticipate employing any soon?
  • Inventory: Are you providing any tangible products for purchase?
  • Multi-Currency: Do you conduct business with foreign customers or suppliers?
  • Industry-Specific Requirements: Are there any compliance or reporting obligations that may require a more advanced approach?
  • Collaboration: Do you work closely with an accountant?
  • Integration Requirements: Do you use other software that could benefit from integrating with Xero?

Xero Pricing Plan for Every Company Size

Package 1

S$612 S$306
  • 1 year Xero Subscriptions (Standard Edition)
  • Send invoices and quotes
  • Enter vendors invoices
  • Capture invoices and receipts using your phone
  • Bank reconciliation

Package 2

S$800 S$400
  • 1 year Xero Subscriptions (Premium Edition)
  • Send invoices and quotes
  • Enter vendors invoices
  • Capture invoices and receipts using your phone
  • Bank reconciliation
  • Multi-currency frature

Package 4

S$3,411 S$1,706
  • Everything in Package 1
  • Comprehensive Setup
  • Comprehensive Training

Package 5

S$5,000 S$2,500
  • Everything in Package 2
  • Comprehensive setup
  • Comprehensive Training

Testimonials

4.9/5
4.9/5.0 on Google Reviews

FAQs

Can I migrate data from my previous accounting software to Xero?

Yes, migration is our forte! Whether you are using MYOB, Quickbooks, UBS, Tally, SAP or any other accounting software, we will be able to migrate the information over to your new Xero. Please take note that NOT all Xero online accounting software partners have such capabilities.

What is the difference between purchasing from the Accounting Consultancy and directly from Xero?

We are a Xero partner, and you can enjoy huge instant savings when you subscribe through us.  Furthermore, you can also enjoy FREE local support from us.

Can I add and integrate more software as my business grows?

Yes, you can. The Xero accounting package is flexible, allowing you to add and integrate a suite of applications as you grow to meet your business needs.

Is my data safe on the cloud?

Xero is an ASX-listed company in Australia that is ISO 27001 certified and SOC3 audited. This is a very high level of assurance that Xero has taken all the necessary steps to ensure your data is safe and secure.

Why Accounting Consultancy?

We are an IMDA pre-approved Xero Vendor in Singapore with a proven track record. If you wish to have a smooth and successful Xero setup, then we are here for you.

Request For Call Back

bookkeeper

Xero is an incredible accounting software. It’s an accounting system, but it operates differently because it belongs to a new breed of accounting systems. In addition, a lot of accounting firms use it as the most common accounting software. Xero is a cloud-based accounting software that helps small and medium-sized enterprises with their financial duties. Since Xero accounting software is cloud-based, anyone you choose to grant access to, including your sales staff, accountant, and bookkeeper, may view what’s happening in the company. When you log in, a dashboard showing your current financial situation including bank balances, bills, and invoices is displayed to you.

How to Start with Xero accounting software?

Starting with Xero accounting software is not difficult as the steps are easy. It includes setting up bank account feeds for all accounts like credit cards and PayPal. Ensuring a chart of accounts is in place, either importing or using the default one and making changes if needed. Reconciling bank accounts frequently for accurate data and better cash flow visibility. Creating company information with identification number and registered office address. Setting up financial settings and adding payment services. Creating a payroll to track employee expenses. It is best to consult an accountant for accuracy and adjustments.

business industry

Is Xero accounting software suitable for every industry?

Xero accounting software is beneficial for various types of businesses including retail (with inventory tracking and sales report integration), service-based (leveraging invoicing and time tracking), non-profits (using robust reporting and budgeting), restaurants and cafés (compatible with POS and has payroll/inventory management), construction/real estate (project tracking and job costing), startups (scalable with user-friendly interface), and professional service firms (time tracking, invoicing, and project management). Its versatility and comprehensive features make it a valuable tool for many industries to manage finances.

Why should we opt for Xero accounting software?

Xero accounting software compares well with competitors. Unlike QuickBooks Online, Xero accounting software has a user-friendly interface, unlimited users, robust automation, and more integrations. Compared to FreshBooks, Xero accounting software offers more comprehensive accounting tools. Versus Sage, Xero accounting software is a better choice for small to medium-sized businesses with its ease of use, transparent pricing, and cloud integration. Unlike Zoho Books, Xero accounting software can scale a business and has extensive integrations and advanced payroll features. With its user-friendly expenditure management tool, Xero Accounting Software simplifies the crucial task of managing company expenses.

advanced accounting software
accounting processing

How useful is Xero accounting software?

Xero accounting software’s invoicing is a powerful tool for small business owners. It allows for quick creation of custom invoices, setting automatic payment reminders, and accepting online payments to improve cash flow. Customizable templates are available and automated notifications can be configured. Xero accounting software offers online payment options like credit cards for customer convenience and security. Faster payments processing means improved cash flow and Xero’s integrated system makes it easy to track payments. Xero accounting software’s direct bank integration is essential for small businesses as it eliminates manual data entry. Automatic transaction import and categorization help track expenses and provide an accurate financial picture. Powerful bank connections facilitate quick transaction reconciliation and easy expense management help to keep finances organized. Xero accounting software also offers powerful multi-currency support, enabling easy management of transactions across currencies and automatic conversion. With the help of Xero accounting software’s multi-currency compatibility, you can easily manage your money in several currencies without having to worry about complicated conversion rates. You essentially have a single ledger when you use Xero. Your accountant and bookkeeper can access any information they require by granting them access. There is only ever one version of all invoices and reports, therefore version control is never a concern.

Can Xero help with my payroll?

Managing payroll in Xero can be made efficient with these tips. Keeping employee records up to date is crucial for accurate reports. Streamlining processes through automation saves time and effort. Utilize Xero’s payroll reports and analytics to gain insights. For example, updated records help ensure correct deductions and payments. Automated processes can handle tasks like tax calculations. Analyzing reports can reveal trends and areas for improvement in payroll management. Did you know that managing Xero accounting software isn’t as straightforward as it might seem at first? As a trusted Xero accounting partner in Singapore, Accounting Consultancy Pte Ltd is here to assist. Whether it’s understanding the features or mastering the add-ons, we’re committed to helping you succeed. You can subscribe through us and enjoy substantial instant savings. What’s more, you’ll have the advantage of our complimentary local support. Reach out to us at +65 91120268. You may also explore our website; exciting things await you there.

Xero accounting software
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