Transferring to Pandle – A Low-Cost Alternative to Xero Bookkeeping Software in the UK

We’re not the only fintech company on the block, but at Pandle we’re proud of our reputation for providing powerful bookkeeping software which is easy to use.

Because we do this at such an affordable price, we often hear from users who are looking for a cheaper alternative to other accounts software, such as Xero.

Xero

£10

Per month + VAT

Making Tax Digital Compliant

Bank Imports

Business reports

Send Unlimited Invoices

Multiple Currencies

Pandle

Free

Forever

Making Tax Digital Compliant

Bank Imports

Business reports

Send Unlimited Invoices

Multiple Currencies

Is Pandle easy to use compared to Xero?

Xero is an industry heavyweight, whereas Pandle is refreshingly simple to use accounting software. It’s designed to help users complete their bookkeeping quickly, and to minimise the risk of making mistakes in their records.

 

Pandle includes many of the same bookkeeping tools and features as Xero, but built for small businesses

 

This means Pandle is available for a much lower cost than Xero, and most users find the format more intuitive. Xero is a great piece of kit for professionals, though this can make it complex if you’re not an accountant. In contrast, Pandle is built for small businesses and freelancers who don’t have a lot of accounting knowledge when they get started.

What’s the difference between Pandle and Xero for small business bookkeeping?

Xero has been built with all businesses in mind, whereas Pandle is built for small businesses. This means that Pandle doesn’t have as many unnecessary features to complicate things.

If your business is very big and complicated, and if you have an in-house finance team, then it makes sense to use similarly complicated accounts software.

Pandle specialises in providing very straightforward bookkeeping software that helps you run your business as efficiently as possible, without needing to be an expert accountant. (We’ll leave that to your accountant).

As well as providing tools to help you get paid more quickly, we’ve developed features which remove unnecessary extra steps, such as reconciling transaction data when it’s imported straight from your bank.

 

Spend less time on admin, and more time on business

 

Bank reconciliation is the frustratingly time-consuming process of comparing two sets of data against each other. Even with the support of automated suggestions to speed things up, it’s easy to confuse things. Especially if you’re not a financial whizz, or if there are multiple transactions for the same amount.

And of course, we’re only human. There’s a strong chance of minds wandering when there are stacks of transactions to reconcile, which often translates into errors further down the line.

At Pandle we know that using Bank Feeds means it’s safe to remove this step. The transaction information is already coming straight from your bank, but you might find some software providers still include the process.

 

xero bank reconciliation

Is Pandle an affordable alternative to Xero accounting software?

There are other accounting software solutions which, like Pandle, offer the same features that Xero provide. Pandle’s pricing is much more competitive, making it a realistic alternative for smaller businesses.

Our free platform provides incredibly powerful bookkeeping whilst our Pro version, which shares many of Xero’s heavyweight accounting features, is £5 per month.

Can I switch from Xero to Pandle?

Yes, you can – switching to Pandle from other accounting software is supremely straightforward. Our easy to follow guide explains the changeover process in more detail.

If you do need extra help, our UK support team is instantly accessible through our live chat feature within Pandle itself.

Multiple Currencies

Can Pandle support my VAT return like Xero can?

Absolutely! Just like Xero, Pandle is fully HMRC compliant for Making Tax Digital (MTD). You’ll be able to keep VAT records and submit VAT returns through our software.

We’ll also be extending our MTD compliance when it becomes available for other types of tax returns. Relax safe in the knowledge that we’re here for you now, and in the future.

Find out more about Pandle’s innovative features for straightforward bookkeeping simplicity, with fewer errors. Create your free Pandle account to get started.


Elizabeth Hughes

A content writer specialising in business, finance, software, and beyond. I'm a wordsmith with a penchant for puns and making complex subjects accessible.


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Khuram
Khuram
27th July 2021 3:22 pm

How does one transfer annual company account returns to HMRC as Pandle not iXBR ?, also what does XERO do but not available in Pandle/Pandle Pro for regulatory filling ?

Khuram
Khuram
29th July 2021 9:23 am

Is Tax Calc and Tax Filer free ?, also is there another option to file the company annual accounts to HMRC i.e. get printed copy from Pandle and post to HMRC etc ?