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XERO is a great product – I am really blown away by the functionality. It has a limit in that it doesn’t do payroll – or at least the last time I looked so that is the only downfall.

Otherwise it is a great product.

Have a look at http://www.saasu.com as well. Whilst not as prettyy as Xero it does a great job. And payroll is pretty easy to deal with.

Good luck.