Over the last decade it’s become more apparent that technology is changing. With the introduction of Making Tax Digital it’s important that you start to prepare and getting the right software is at the centre of this preparation.
Xero is not only compatible with MTD but it’s user friendly and with cloud technology you have access to your accounts from anywhere you have an internet connection.
We use Xero as it gives accurate live data which can be accessed by the business owner and the bookkeeper at the same time. This allows data to be updated in real time so that business owners can make important business decisions.
Bank Feeds
Xero connects with most major bank accounts which means that you no longer have to reconcile accounts manually with statements. Your bookkeeper can have access to your bank account figures without needing their own login credentials.
Integrations
You can integrate Xero with various payment methods so you can get paid quicker and encourage people to pay you on time. For example, Stripe, Paypal and GoCardless to name but a few.
When sending invoices to customers you can integrate Xero with your email account so that your emails are sent from your dedicated email. It will give you the option to copy yourself in too if you want to keep a further record. Chasing payments is even easier with the automated emails which you can set up.
Expenses
Track your expenses by integrating your Xero account with Dext. Simply upload your invoices and receipts via the app or send them to your dedicated Dext inbox and once published you can see the transactions in Xero ready to reconcile. Never lose an important receipt again!
Streamline your processes
Your bookkeeping is much more streamlined when using digital online cloud accounting software like Xero. Not only can multiple people access the information when required but it integrates with so many different apps to allow your bookkeeping to be more accurate and ready for MTD.
We love the way that Xero listens to its customers and are often making updates to stay ahead of the times and the competition.
If you’re a Xero user and need some support to get back in control of your bookkeeping then we would love to hear from you. Likewise if you’re thinking of changing software provider and want to prepare for MTD then we would love to help!
Get in touch today!
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