There is a video on the Xero website introducing platform users to the e-commerce apps they can find through the Xero Marketplace. The video is but 15 seconds long. However, it says an awful lot in such a short amount of time.
Accountants and bookkeepers using the Xero platform have access to an invaluable tool for managing and categorising bank transactions. It is called ‘cash coding’. The cash coding tool is a streamlined, easy-to-use tool that combines a number of useful functions in a single space that is both intuitive and efficient.
As a small business owner, you have a lot of options for accounting software. You can even handle your accounting with a paper ledger if you want. But let’s face it, some accounting solutions are better than others. We submit that Xero is among the best solutions out there.
The Xero accounting platform is one of the best in the business for a lot of reasons. At the top of the list is the Xero Dashboard, a single location to find all of the most important accounting functions you need quick access to. The Dashboard is a fast and efficient way to address accounting both in the office and in the field, and it is highly customisable for your convenience as well.
Xero’s built-in quote tool offers a tremendous amount of functionality that makes quoting, estimating, and invoicing as simple as a few clicks or taps. The tool is a single-entry tool, meaning that the information you enter into new quotes or estimates is instantly transferable to invoices without the need to re-enter all of the information all over again. Read more
Are you already using the Xero cloud accounting software to manage your business? If so, you really need to try Xero Touch, the mobile app that makes cloud-based accounting on-the-go incredibly easy. If you are not a Xero user, now is as good a time as any to check out the award-winning accounting package that has been turning heads since 2006.
Making the most of cloud-based accounting is all about taking advantage of reports. Xero offers a number of reports, including the popular profit and loss statement. This report makes it easy to track your net income over a set amount of time. It starts with your gross revenues, then subtracts your expenses to come up with net income.
The other side of getting paid is paying your own bills. You will be pleased to know that bill management is as easy in Xero as invoicing and payments. The platform’s bill management system is very similar to invoice management in terms of function. It even uses many of the same procedures, buttons, and labels for a more uniform experience.
It is difficult to succeed in business without proper budgeting. Once again, Xero has it covered. The Xero budget tool is a fast and easy way to create multiple budgets covering every aspect of your business. You can then track your performance by comparing your actual receivables and payables against your established budgets.
One of the reasons you chose Xero as your accounting software package is its rich set of features made possible through cloud technology. One of those features is online invoicing. This feature makes invoicing your clients a breeze whether you are using a mobile device or your computer.