Track and pay bills on time. And get a clear overview of accounts payable and cash flow. This is essential when trying to make sure your business is running smoothly and efficiently.

Capture costs, submit, approve and reimburse expense claims, and view spending using the expense tracker. Keeping on top of expenses saves you lots of time when it comes to taxes and knowing where your business is at 24/7.

Keep your financials up to date. Categorize and reconcile bank account transactions each day using suggested matches. This feature, while coupled with bank connections, prevents confusion when matching the books with your bank statements.

Use Gusto payroll software to calculate pay and deductions, pay employees, and update the Xero accounts. Most companies have to have a separate payroll service, integrate that into the bookkeeping software, and that all takes time. Save time and simplify the process using Xero.