- 8th August 2018
- Posted by: Edward Kirkby
- Category: Xero & QuickBooks
Xero has been described as a game changer for small businesses and has quickly raced to the top in the accounting software industry. It provides online software that seamlessly connects small business owners to their bookkeepers and accountants. Its instant cloud access allows you and your chosen accountant to access your data anywhere whilst working in real time. Whilst Xero’s ability to use recent transactions to provide you with key and current numbers makes those all-important business decisions easier and alleviates the stresses normally associated with your company’s accounts, its integration with over 600 apps also allows you to access features you already use to create a customised program to help your business thrive. With over 1 million subscribers world wide and a team of more than 2,000 people they are clearly doing many things right.
Xero’s key features include the Xero Dashboard, automatic bank feeds, invoicing, automated bookkeeping, real-time reporting and much more. Its software uses double entry accounting and has the ability to support both cash-basis and accrual accounting. Its automation of task handling frees up your time to focus on your business and its other important needs. It has an interactive dashboard, which uses graphs and charts to plot key information and allows you to manage bills and payments through expense schedules, so you can keep an eye on your very important cash flow. It even has features to create personal and professional invoices. With encrypted data and a secure login Xero has a particularly strong reputation for its cloud security measures. Its permission settings also allow you to restrict and control which users have access to aspects of your company’s data. It should also be noted that the features offered in Xero are accessible for every user and not dependent upon the plan you sign up for.
Xero offers more than just cloud accounting software, using Xero’s online services and Xero advisor directory, you find an experienced and qualified bookkeeper or Xero accountant at the click of a button. You can search via location or find a Xero advisor who serves clients within your industry or line of business. Being a user of cloud accounting means you are not restricted to working with only accountants within your local area.
Advisor’s within the directory are rated by Xero based on the number of Xero clients they have and the members of staff specially trained and qualified to use it. To become a certified advisor, you must have completed a series of learning modules and a practical exam on Xero’s key features. This ensures your advisor has a strong understanding and knowledge of how to use Xero and the ability to teach you. It’s payroll certification covers the all-important steps within Xero’s payroll feature and means you can be confident in yours and your accountants’ ability to pay your hardworking staff faultlessly.
Xero provides the latest accounting technology needed to help businesses save money, time and all importantly boost their growth.
At Accounts Lab we are a Silver Champion Partner who act for many startups, growth and established companies all over the UK. We don’t specialise within a particular industry but instead are experienced in many, ranging from tech to property, recruitment to retail. The remote accessibility of cloud accounting through Xero allows us to act for clients all over the UK, with our certification providing first hand evidence of our high standard of work and up to date Xero knowledge.
Get in touch to see how an Accounts Lab Xero certified advisor can help you today.