When it comes to the accounting side of your business it can be a time consuming, tedious job. One of the main complaints of business owners is keeping on top of their accounts.
Most small business owners want a seamless solution when it comes to their accounting. Xero would be my top recommendation for accounting software. Here are 10 reasons to make the switch to Xero today.
1. Easy Access
Xero is cloud based software meaning that all your business’ accounting is always at your fingertips. Whether you are using a phone or a desktop computer all of its features are readily available. Therefore it doesn’t matter which device you choose to access it on.
2. Paperless Invoices
Xero is paperless and utilises online invoices. This is a quicker option for sending invoices and being paid. Not only can you check if someone has opened an invoice but you can also schedule recurring invoices. You even have the ability to automatically follow up on any unpaid invoices.
Xero has a number of automated tasks that you can make use of to save time. These include invoice reminders, backups and allocating the correct analysis code. Quotes can also be automatically transferred into invoices saving time.
It is simple to connect your banking partners to the software, which contain your bank feeds. This will make it easier to match the invoice to the transaction.
4. Data Is Current
As it is a cloud accounting software, multiple users can use it at the same time. The software updates constantly meaning that users can monitor your business in real time.
The Xero dashboard allows you to see sales, balances and even upcoming bills, which can assist with cash flow. Additional documentation can be added to transactions and can all be kept in the one place. You can also customise the dashboard to suit your business.
5. Connects With Other Apps
It is easy to connect the Xero accounting app to other business related apps that you already use. No need to enter data from receipts, as there are plenty of apps that allow you to take a single photo and you can correlate the data in Xero.
6. Provides Value
Not only does Xero accounting software offer a 30 day free trial it also has a range of payment options to suit your business. There are different levels of access to choose from so that you can find the right option for your business.
7. Easy To Use
Xero walks you through the process of setting up your account as well as providing how to videos and step by step guides. There is plenty of information readily available on their website.
Xero boasts multiple layers of security, as they are serious about protecting your data. You can control what level of access each user has for your account. There is a complete history of your account including what user has worked on which invoice.
9. Single Touch Payroll
Legal reporting requirements mean that you have to be able to send payroll data to the government by single touch payroll. To make this easier we provide an app that employees can download. They input their work times, which are automatically sent to your account to review.
10. Seamless Reporting
You can customise Xero reports to best suit your business needs. They can be shared and viewed at a click of a button. You can also export these reports to a range of programs including PDF, Excel or Google.
This is just a selection of the reasons to switch to Xero. To experience all that this accounting software has to offer you might like to browse the Xero website. There are plenty of topics to browse including xero small business insights, xero learn for educators and cloud computing.