Xendoo Overview
Xendoo is a comprehensive online bookkeeping and accounting platform designed to streamline and manage the financial operations of businesses, particularly those operating in the e-commerce and small business sectors.
What Xendoo Does
Xendoo offers a full-service bookkeeping and accounting solution, handling all aspects of a business’s financial landscape. The platform is backed by a team of dedicated and expert bookkeepers and CPAs who take care of bookkeeping, tax preparation, and ensuring that financial records are accurate and up-to-date. This allows business owners to focus on growing their business while Xendoo manages the financial aspects.
Key Features and Functionality
Bookkeeping and Financial Management
- Xendoo provides complete bookkeeping services, including monthly financial statements, reconciled accounts, and timely financial reports. The platform automates transactions and synchronizes data from various financial systems such as bank accounts, credit cards, and other accounting software like Xero and QuickBooks.
Tax Services
- Xendoo ensures businesses stay tax-ready throughout the year by handling tax preparation. They also help in catching up on outdated financials to keep records current and accurate.
Payroll and HR
- The platform integrates with payroll solutions like Gusto, offering features such as automated payroll processing, direct deposit, W-2 and 1099 preparation, and benefits management. It also includes time tracking integration, PTO tracking, and garnishment management.
Integrations
- Xendoo seamlessly integrates with various e-commerce platforms like Amazon, Shopify, and Stripe, as well as payment processing services like PayPal and TaxJar. This integration allows for smooth management of e-commerce transactions and financial data.
Mobile Access and Reporting
- Users can access their financial data via a mobile app for iOS and Android, providing real-time insights into their financial operations. The platform also offers customizable reports, including monthly profit and revenue reports, and summaries of top expenses.
Compliance and Support
- Xendoo ensures compliance with financial regulations through its compliance management features. Additionally, it offers a customer support system and an audit trail for transparency and security.
Scalable Plans
- Xendoo offers three main subscription plans: Essential, Growth, and Scale. These plans cater to different business needs, with the option to create a tailor-made solution for businesses that have outgrown the standard packages. Prices start at $355 per month for the Essential plan, with a 30-day money-back guarantee.
Conclusion
In summary, Xendoo is a robust and user-friendly platform that simplifies bookkeeping, tax preparation, and payroll management for businesses. Its extensive integrations, automated processes, and dedicated team of financial experts make it an ideal solution for small business owners and e-commerce enterprises looking to streamline their financial operations.