Manager vs Xero: Which is best for you?

It does everything I need including multiple currencies, configuration for multiple counties, and unlimited number of different business accounts.

Another frustration is Manger's insistence on tracking 'Foreign exchange gains (losses)' every time you pay for something in a foreign currency. If, like me, you pay for these up front (no credit) this is totally unnecessary, but there's no way to turn it off—you have to manually update exchange rates.

Even though Xero lack global enterprises accounting features it has a robust integration capability that allows me to connect with external tools such as SAP Concur.

It is not great for multi-company businesses as you cannot be logged into more than 1 at once, you have to chop and change between them and to make intercompany transactions, you need to post separately in both entities.