Xero – Beautiful Accounting Software
Betts & Associates Pty Ltd can also assist with Xero.
What is Xero?
Xero is online accounting software that has been designed for small to medium sized businesses. It makes managing the financial health of your business more transparent, straightforward and fun.
Xero runs in the cloud so its easy to collaborate with us as we’re both looking at the same real-time information from your business.
Is Xero right for my business?
We can work with you to decide if Xero is right for you. We’ve helped businesses from a range of industries make the move to Xero and can advise you on the conversion process from your current system.
We are familiar with add-ons available for Xero such as Payroll and Stock Control which can help take your business to the next level.
Six ways Xero can help your business
1. Intelligent Banking
Xero automatically imports all your bank, credit card and Paypal transactions meaning there is no need to manually enter information.
Once the data is in Xero its intuitive bank reconciliation matches your transactions for you so all you need to do is double check and click OK.
2. Beautiful Invoicing
Create and send beautiful invoices in Xero. The layout is fully customisable letting you create professional invoices you’re proud of.
It’s easy to email invoices to your customers who can choose to pay online so you get paid quicker. Xero will even tell you when your invoice has been opened so no more “lost invoice” excuses.
Repeating invoices can be automated, saving you from having to send them out manually each time.
3. Control of Your Bills
Xero clearly lets you see what you owe and when it’s due. Payments can be planned and scheduled ahead of time so you can stay in control of your cashflow.
Adding a bill to Xero is simple and you can make batch payments of multiple bills via online banking, saving you from having to pay each one individually.
Recurring bills can be set up so the future doesn’t hold any surprises for your bank balance
4. One-click Financial Reports
With one-click you can create reports and budgets all using your real-time business data. Reports are interactive and you can drill down into the source transactions.
Xero takes all the hard work out of preparing your GST by automatically calculating your return. There are over 40 reports including profit & loss, balance sheet and many more.
5. Work from Anywhere
You can access Xero from anywhere, at anytime – all you need is access to the internet on your PC, Laptop, Mac or tablet. There is nothing to install or update and Xero automatically backs-up everything for you.
Better still you can access Xero through your smartphone. Xero Touch lets you manage your business from your pocket.
6. A World of Add-ons
Xero allows software developers from other companies to integrate their products in with Xero. Everything talks to each other saving you time and duplication of effort.
From payroll to stock control to point of sale – there are add-ons for all your needs. New add-ons are created regularly increasing the possibilities for your business.
- Date: January 22, 2019
- Category: Online Accounting