Xero is excellent for small businesses. If you are looking for a program to do your accounts, it should be able to handle most accounting tasks for small businesses. It is built on a true double-entry accounting framework. It allows business owners to track and manage sales, purchases, inventory and payroll. Business owners can create records for customers, suppliers, employees. It then allows the user to generate invoices, purchase orders and quotations. On top of that, Xero helps manage fixed assets of the business.