Xero is cloud-based accounting software. What does that mean? It means you can manage your business finances from any computer or smartphone, anywhere in the world, as long as you have an internet connection. The information is stored securely in the cloud instead of on a computer hard-drive.
Xero makes running a small business faster and easier. The software is very intuitive and easy to use. They offer three monthly subscription plans and you can tailor each plan by purchasing additional features if needed. Xero integrates with over 700 connected apps, allowing you to share data between third-party software providers and Xero.
Here are some of Xero’s key features:
Create and send invoices and receive payments online.
Manage cash flow by scheduling bill payments.
Connect your bank account to automatically import and categorise your latest transactions.
View and share interactive reports and budgets in real time.
Tax Link & Xero
A great combination. Xero works best when paired with a Tax Link accountant. Because your Xero account records are stored in the cloud you can easily share access with us, and because the data is updated in real time your information is always current.
Here’s how it works:
We can assist you in setting up a Xero account or moving from another accounting software program to Xero.
You process your bank accounts through Xero and complete your GST returns if required (or we can do this for you).
We are there to provide support along the way if you need it.
At the end of the year, we prepare your financial statements and tax returns.
If this sounds like a service you are interested in contact us today.