- Dedicated team of bookkeepers
- Monthly management reports
- Numerous integrations
- Impressive customer support
- Handy mobile app
- No invoicing capabilities
- No free trial
Let’s admit it: bookkeeping is stressful and time-consuming. Not all business owners understand accounting and struggle to run a business and manage the books simultaneously. xendoo is an online bookkeeping service that’s trusted by thousands of businesses across the U.S. The company was founded in 2016 by CEO Lil Roberts, and since then, it’s been shaking up the accounting industry by giving small business owners the financial visibility they deserve. With prices starting from $355 a month, xendoo has a team of qualified accountants standing by to provide businesses with a range of bookkeeping and tax-related services. It takes the hassle out of bookkeeping by pulling data from Xero and QuickBooks so users can access essential financial information. In addition, third-party add-ons and integrations allow users to receive payments online and manage their ecommerce transactions. The best part is that xendoo comes with a 30-day money-back guarantee, meaning it’s possible for users to get a full refund if the service doesn’t meet their business needs.
Using xendoo is like having a dedicated team of financial experts and bookkeepers at your disposal. The company offers full-service bookkeeping, catch-up bookkeeping, and tax consultancy services for small businesses. Signing up for xendoo’s online bookkeeping service is straightforward, and the company promises to have users up and running within the hour. What makes the service stand out is its seamless integration with accounting platforms like Xero and QuickBooks. In addition, the user-friendly platform makes it a breeze to navigate through financial data and reports.
Although the service lacks invoicing capabilities, it makes up for it by providing instant access to reports, tax-related services, and a lifeline to the dedicated bookkeeper. xendoo offers support for multiple businesses by giving the option to add or switch between companies at the touch of a button. It even features a section to upload important documents so bookkeepers can take immediate action.
xendoo takes the hassle out of bookkeeping and allows business owners to dedicate more time to building and growing their businesses. The in-house financial experts reconcile expenses and bank accounts on a weekly basis and provide monthly management reports like balance sheets and profit and loss statements. These reports give insights into how a business is performing, allowing users to make better financial decisions. In addition, the online platform provides crystal-clear financial KPIs like revenue trend graphs that help users get valuable insights.
Falling behind on bookkeeping may cause missed tax deadlines and cash flow, but xendoo offers catch-up bookkeeping to quickly update and bring overdue books on track. After scheduling an onboarding call with the company and providing all the information and documentation, the financial experts begin working behind the scenes to straighten up finances. Finally, xendoo’s online portal gives users access to information they need to accelerate their businesses into the future and succeed.
Handling tax matters solo can be a nightmare, but xendoo’s dedicated bookkeeping team helps put business tax affairs in order. When it comes to preparing for tax season, users simply provide the tax consultants with the necessary documents and tax information, and that’s it. The consultant then prepares and files all federal and state tax returns on time, ensuring businesses remain tax compliant. For anyone who wishes to keep up with their taxes, the website hosts a tax section that informs users of any outstanding returns, including the total amount due and the payment deadline.
Gone are the days of visiting a bookkeeper in person. With xendoo, users can conveniently keep in contact with a dedicated bookkeeper at the touch of a button. It offers a mobile app that’s available for Android and iOS, which, while not as feature-rich as the online platform, users can view profit and loss statements, balance sheets, and other important financial documents. But the online portal is also fully optimized for mobile devices, meaning even users who don’t have the app downloaded can keep track of their business funds. The great thing about the app though is that it facilitates uploading and sending documents straight to the bookkeeper, not to mention that it notifies users of any outstanding tax returns and sends out reminders for when those taxes are due.
Integrations and Extra Services
xendoo seamlessly integrates with popular accounting platforms such as Xero and QuickBooks, giving users access to their own financial data in real time. There are up to 1,000 third-party integrations across the aforementioned accounting services that help with accessing off-platform features right from the dashboard, including payroll, online payment solutions, and ecommerce bookkeeping. While these extensions provide extra functionality, it’s important to note that they vary depending on the chosen third-party accounting software.
The company has partnerships with service providers like Gusto, Stripe, Veem, A2X and Shopify. Gusto is a cloud-based payroll software that effortlessly syncs with xendoo to provide reports and payroll trendlines. Popular online payment solutions like Stripe and Veem handle credit card payment processing for the bookkeeping service, giving users more time to focus on growing their empires. When it comes to ecommerce accounting, A2X links with xendoo to deliver accurate reconciled reports directly from the ecommerce platform. Last but not least, Shopify is a powerful ecommerce tool that works in tandem with xendoo to help businesses manage their online stores and finances in one centralized location.
xendoo offers three straightforward bookkeeping plans to choose from: Essential, Growth, and Scale. Each package comes with a slew of features and can be set up as a monthly or yearly subscription. While it doesn’t offer any free trials, there is a 30-day money-back guarantee that users can avail to get a full refund if xendoo doesn’t meet their needs.
Weekly bookkeeping and access to a dedicated bookkeeper are standard across all three packages. Prices start as low as $355 per month for the Essential plan, which allows users to add up to four bank or credit card accounts and gives access to one integration. The most popular option, Growth, is a bit more expensive, but it provides users with a tax consultant and features modified accrual that combines accrual-based accounting with cash-based accounting. Though the star of the show is the final package, Scale, which is crammed full of features like customized charts of accounts and deferred schedules for a little over twice the price of Essential. Of course, if your company has outgrown these packages, xendoo can create a tailor-made solution for your business’ needs.
No matter the plan, xendoo accepts payment from all major credit cards. The best way to save some money is by signing up for an annual subscription, which saves users more than $1,000 a year. There’s also the refer a friend program, which offers cash incentives of up to $250 per referral.
xendoo prides itself on its customer support. Users can message the support team directly from the website using the live chat function to get help. It’s also possible to request a callback or contact the company by phone or email. If all else fails and technology does not work in your favor, the xendoo founder says, ‘users can get their attention by sending smoke signals.’ While the service doesn’t offer 24/7 support, the customer service agents are willing to assist by answering any questions during office hours from 8 a.m. to 5 p.m. (EST).
The company is active on social media platforms, but it’s best to get in touch via the above-mentioned channels. xendoo’s website hosts a detailed FAQ section that answers questions relating to the product and background of the business. In addition, there’s a blog page that gives access to a range of financial guides and a series of webinars relating to taxes and profits.
xendoo is a well-rounded bookkeeping service for small businesses. The company offers a unique tailor-made bookkeeping solution that includes additional services like catch-up bookkeeping and tax-related services. A team of dedicated bookkeepers prepares accurate management reports, which are uploaded to the platform on a monthly basis. There’s also a handy mobile app, allowing users to view financial statements and communicate with an accountant on the go. With access to thousands of integrations across Xero and QuickBooks, xendoo users can leverage the extensions for additional functionality like payroll reporting and online payment solutions. While the service lacks invoicing capabilities, it makes up for this by simplifying end-user financial reporting. And although there’s no free trial, a 30-day money-back guarantee can help users get a refund in case xendoo doesn’t meet their business needs.Visit xendoo30-Day Money-Back Guarantee
Best Online Accounting Software of 2023
|Editor's Choice 2023|
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