Xendoo Review

flag Dedicated bookkeeper
  • Cloud-based financial reports

  • Tax prep and filings by in-house CPAs

  • No annual contracts

  • Year-round tax support

Pros & Cons

  • Dedicated bookkeeping and accounting experts
  • Cloud-based financial reports
  • Supports multi-currency
  • eCommerce & integration experts
  • No annual contract
  • Full-Service Tax
  • Does not support International Businesses
  • Higher pricing range

Plans & Pricing

Xendoo offers 3 plans differentiated by the amount of monthly expenses, number of connected accounts and number of integrations. In addition to monthly plans, Xendoo also offers add-ons, detailed below.

Essential Plan

The Essential plan is the most affordable plan. It costs $395 per month and is ideal for businesses with up to $50K in monthly expenses. Tax returns can be added to any of the Xendoo plans.

Growth Plan

The Xendoo Growth Plan costs $695 per month and is ideal for businesses with up to $75K in monthly expenses. The Growth Plan offers cash or modified accrual accounting and also includes a semi-annual tax consultation.

Scale Plan 

The Xendoo Scale Plan costs $995 per month and is ideal for businesses with up to $125K in monthly expenses. The Scale Plan includes everything in the Growth Plan plus a custom chart of accounts, deferred schedules, and up to 4 integrations.

Add-Ons

Catch-up:

In addition to the plans listed above, the team at Xendoo can help catch you up if you need past bookkeeping completed. Catchup bookkeeping starts at $295 per month and can be coordinated during your onboarding call. You’ll receive updated balance sheet and profit and loss statements.

Tax Returns:

Tax consulting, advising, and tax return preparation and filing can be added to any package (or as a standalone) for $1,200/yr. Xendoo has in-house CPAs and tax experts that can help you navigate the complex waters of tax compliance while leveraging tax savings opportunities.

Fractional CFO: 

Looking for strategic and data-driven insights to accelerate and scale your growth? Xendoo offers Fractional CFO services for $1,500/month.

Money-Back Guarantee

Xendoo offers a money-back guarantee for its new customers. If after 30 days of engagement and use with your dedicated bookkeeping team, you do not see the guaranteed results, they will refund your first monthly fee.

What is the guarantee? 

Xendoo wants to ensure your satisfaction with the team, and supporting technology to give you financial peace of mind.

 

Essential
$395/month
Growth
$695/month
Scale
$995/month

Overview

Xendoo is an online accounting solution that leverages technology to provide bookkeeping and tax services to small and medium-sized businesses. By ensuring that businesses have access to relevant financial tools and insights, Xendoo takes the hassle out of accounting, giving you back time to spend growing your business.

 

Rating

  • "Price"
    7.5 /10
  • "Features"
    8 /10
  • "Ease of Use"
    8 /10
  • "Help and Support"
    8 /10

Features and Functionality

Bookkeeping

Xendoo provides expert bookkeeping services to businesses for a fraction of what it would cost to hire a traditional bookkeeper. It uses cash and modified accrual basis bookkeeping methods to keep your business’s numbers balanced and up to date.

The team at Xendoo also provides bookkeeping for eCommerce owners to enable them to make sense of and account for the numerous transactions they complete monthly. And if your books are months or years behind, Xendoo also offers catch-up bookkeeping to keep your numbers up to date and keep you compliant.

Tax and Compliance

With on-staff tax advisors and CPAs, Xendoo prepares and files your corporate tax returns. Maximizing savings while ensuring tax compliance. You also receive industry-standard tax advice to help you stay compliant.

Real-Time Expert Support

The most impressive feature of Xendoo is that each customer gets a dedicated financial expert assigned to them. Hence, your business benefits from the expertise of professional bookkeepers and accountants. You can reach your assigned expert via phone, email, or text.

Financial Reporting

With the Xendoo platform, you not only receive accurate and insightful monthly balance sheets and profit-and-loss statements for your business, you also receive these reports as early as the 5th day of the following month to enable you to make timely business decisions. You can also access these reports via the Xendoo mobile application.

Ease of Use

Xendoo is a web-based accounting service small business owners can lean on to ease the burden of the complexities accompanying bookkeeping and accounting practices. This service has a smooth onboarding process, and businesses can be up and running shortly after signing up. An onboarding expert will connect the owners’ credit card and bank feeds and also facilitate the integration of any 3rd party software.

In addition to relieving business owners of the stress of complex bookkeeping, Xendoo also makes the use of its platform highly intuitive. For example, upon signing into the Xendoo dashboard, you’ll be met with graphs and charts that give you quick insight into your business’s financials. Other features of the application – including integrated apps – can easily be accessed from the menu.

Xendoo also comes in a user-friendly mobile application to give business owners quick access to their business financials, perfect for being on the go.

Add-ons and Integrations

Xendoo simplifies accounting processes for businesses by ensuring smooth access to other business solutions. We call it a one-stop shop for small business financials.

The Xendoo platform integrates seamlessly with third-party accounting software like Xero, QuickBooks Online and Bill.com to help businesses streamline their accounting processes.

Xendoo also does a great job of ensuring that eCommerce businesses get the most relevant business solutions by partnering with best-in-class partners such as A2X. You also receive a promo code for discounted access to A2X during your Xendoo onboarding. Upon integration, you receive real-time updates of your online transactions, which will be uploaded and synced with your bank. Xendoo also integrates with a host of other eCommerce platforms like eBay, Amazon, WooCommerce, and Shopify.

To help businesses manage their payroll effortlessly, Xendoo integrates with Gusto and even offers a 15% discount and two free months when you sign up on Gusto through their platform.

Customer support

Xendoo provides prompt, reliable, and friendly customer support to its users. Whether it’s through email, phone or text, they are available when needed!

  • Phone Support
    Sales and expert support and consultation for new and existing businesses
  • Community Forum
    Active pages on social media platforms like Facebook, LinkedIn, Twitter, and Instagram.
  • Blog
    An informative blog with regular uploads of articles covering various business topics and conversations.

Final Word

True to the mission of Xendoo founders, this accounting solution makes bookkeeping and tax a walk in the park for small businesses. Its technology stack, backed by expert support, will surely lead owners to see increased profit margins as they’ll have access to useful financial data and spend less time on accounting processes. Unlike other business solutions, when you cancel your subscription on Xendoo, you will keep your accounting software via Xero or QBO. There are no cancellation fees, and they offer a money-back guarantee. Best of all, your business is assigned a dedicated bookkeeper (supported by a team of other experts) dedicated to the success of your business.

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