As Xero is web based, you have access to your company’s data anywhere and at anytime. It also means that different people in your organisation privy to your business information can access it too without having to rely on a stand alone accounts system on just one computer in the office.
The information produced by Xero is easy to read and interpret. With our support, you have an opportunity to understand your current finances without having had years of bookkeeping experience.
These are some of the main functions available with Xero:
- Accounts – Accounts Receivable (customer) and Accounts Payable (supplier) invoice, credit notes and statements, invoices can be entered directly into Xero or sent and received via the Xero Network; bank accounts including bank and PayPal feeds and reconciliation; expense claims
- Reports – full range of financial reports (including sales tax), customised report layouts, manual journals, and management and annual reports.
- Contacts – manage customers and supplier details.
- Fixed Assets – fixed asset register and reporting including depreciation.
- Settings – organisation and financial details; invoice branding – logo, invoice numbering and layout for 1 or more branding themes; inventory items; Chart of Accounts (revenue & expense categories); tracking (cost centres/departments), conversion balances; lock dates (period & year end).
- Users – invite users into your organisation; determine what they can and can’t access or edit via roles.
- Multi-currency – choose your own currencies & use automatic exchange rates from XE.com or your own; add bank accounts & transactions in foreign currencies; view reports and track foreign currency gains and losses and bank revaluations.
