Xero Accounting Software

Pros:

• Devoid of those complex finance and accounting jargon
• Equipped with a reconcile-as-you-go feature
• Very scalable, which benefits a growing business
• Features are constantly upgraded and updated automatically.
• Provides an easy view to your financial position due to its clean interface.

Cons:

• Cannot be used for Exchange Trade Products or ETPs
• Tends to become too slow when running on high volume sales
• Offers only a limited expense claim feature
• Multi-currency support is also limited
• Does not have Debtor Chasing capability