Xero

Accounting software is made for small businesses.

Everything in one place

Xero is a powerful online accounting software solution for small businesses. Run things smoothly, keep tidy online bookkeeping records, and make compliance a breeze.

Automate tasks like invoicing and reporting
Get a full picture of your business with up-to-date financial data
Make end-of-year tax returns easy

Collaborate online in real time

Use Xero to work with your employees, bookkeeper, or accountant online, even if you’re on opposite sides of the world.

Access the same up-to-date financial information at the same time
Leave comments and discuss business and financial data in real time
Allow employees to submit expenses, manage leave, and send invoices

Connect to your bank

Set up bank feeds from your accounts so transactions are imported securely into the Xero accounting software each business day.

Bank transactions automatically flow into Xero
Reconcile your bank transactions daily
See an up-to-date picture of your cash flow

Customise to suit your needs

Make Xero online accounting software work for you. Add what you need to make it easier to run your small business.

Build on your plan with add-ons like Xero Expenses and Xero Projects
Connect to third party apps like Stripe and Vend
Browse the Xero App Store to easily find, try, and buy apps that connect with Xero

Features

Explore Xero's range of features, designed to streamline your accounting needs.

Accept Payments

Accept payments straight from your Xero invoices so customers can pay you more easily. You’ll get the funds sooner and spend less time chasing invoices.

Protect payments against fraud
Give customers more ways to pay
Speed up invoice payments

Claim Expenses

Capture costs to submit and reimburse expense claims, plus view spending – all with expense manager tools.

Take a photo of receipts
Reimburse expenses promptly
Monitor employee spending
Do expenses on the go

Pay Bills

Automate bill entry and simplify your payments with Xero accounts payable software - helping save you time and giving you a clearer view of your cash flow.

Capture bills effortlessly
Take control of your bills
Simplify payments

Purchase Order

Create and send digital purchase orders in minutes. Xero’s purchase order software helps you track your orders and deliveries, and speeds up your procurement.

Customise your purchase orders
Create online purchase orders
Convert purchase orders into bills

Online Invoicing

Work smarter, not harder with Xero’s intuitive invoicing software. With Xero online accounting, you can send invoices, automate reminders and so much more from the comfort of your desktop or mobile app. Finish your invoice admin at a time that works for you and your small business.

Customise online invoices
Give customers more ways to pay
Set automatic reminders
Create invoices directly from the app

Integrate Apps

Choose apps, integrations, and financial services offerings that connect to Xero to run your business better.

Extend and customise Xero
Streamline and connect your data
Find the right apps for the job
Get what you need in the Xero App Store

Track Project

Xero’s project accounting tools make your project accounting, planning, budgeting, quoting, and invoicing so much easier.

Automate time and expense tracking
Easily set up project tracking
Check financials on the dashboard

Inventory Management

Take control of your inventory with Xero’s inventory software. Track stock in real time, and add items you buy and sell to invoices and purchase orders.

Track your stock levels in real time
See what’s selling
Add items to invoices and purchase orders

Bank Connections

You can get your bank data into Xero from over 21,000 financial institutions globally. Xero customers save 5.5 hours* a week using bank feeds and automated reconciliation.

Get bank data into Xero with bank feeds
Export bank data for upload into Xero
Get an up-to-date financial picture
Keep your data safe and secure

Bank Reconciliation

Keep your financial records up to date with fast and simple reconciliation. Easily match your bank data with bills, invoices, and receipts using Xero’s bank reconciliation accounting software.

Import data from your bank
Reconcile accounts easily
Bank reconciliation on the go

Payroll

Do regular pay runs, and keep accurate records for a small number of employees using Xero accounting software. Or integrate a payroll app with Xero if your small business needs a more advanced solution.

Streamline online pay runs
Keep hold of employee pay records
Connect to a payroll app

GST Returns

Easily manage GST F5 returns using IRAS-compliant software, and file your returns directly from Xero to IRAS.

File straight to IRAS
Prepare GST online effortlessly
Handle foreign currencies
Manage GST with ease

Integrate apps with Xero

Discover seamless app integrations for efficient accounting with Xero's comprehensive accounting software.

Extend and customize Xero
Streamline and connect your data
Find the right apps for the job
Get what you need in the Xero App Store

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Save on Xero with Productivity Solutions Grant

Receive up to 50% funding support via the Productivity Solutions Grant (PSG) when you adopt Xero via a pre-approved PSG vendor.

What is the Productivity Solutions Grant?

A joint initiative by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore, the Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes.

PSG supports the adoption of solutions that cut across industries, such as in areas of customer management, data analytics, financial management and inventory tracking.

Announced at Supplementary Budget 2020, PSG has been enhanced to encourage enterprises to continue their digitalisation and productivity upgrading efforts. From 1 April 2023 onwards, the maximum support level will be up to 50%.

Who is eligible for the PSG?

SMEs can apply for the PSG if they meet the following criteria:

Registered and operating in Singapore
Subscription of the IT solutions or equipment must be used in Singapore
Have a minimum of 30% local shareholding
Company's Group annual sales turnover not more than S$100 million, or employment size not more than 200 employees

For more information , please refer to this link

Save on Xero with SkillsFuture Enterprise Credit

Eligible employers can receive a one-off $10,000 SkillsFuture Enterprise Credit (SFEC) to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes.

Under the $10,000 SFEC , S$7,000 of the credit can be used for enterprise transformation, to encourage employers to embark on both enterprise and workforce transformation programmes. This amount can be used to offset the cost of Xero up to 90%.

Eligibility

There is no need to apply for SFEC. Your credit will be automatically used on supportable programmes that you have applied for.

Employers have to meet the eligibility criteria of the individual SFEC-supportable programmes before they can draw down the credit.

Eligible employers have been qualified over 5 qualifying periods. Refer to the Enterprise Portal for Jobs and Skills here for more details.

Final claims for SFEC-supportable programmes must be submitted to the respective agencies by 30 June 2025.