Xero is a fantastic piece of software that can handle all of the accounting responsibilities for your company, from bank reconciliation and financial reporting to inventory management and payroll.
With Xero for WooCommerce, you have the flexibility to configure Xero so that invoices are created automatically for sales made through your online store. Each order that is placed in your WooCommerce store is securely delivered to your Xero account when the module has been installed and configured, allowing you to preserve records that are always up to date.
Xero receives all of the information pertaining to products, shipping, discounts, and taxes. When payments are received, the funds are then applied to the relevant invoices in order to ensure that everything stays in balance.