By Senior Accountant, Simon Vincent
We searched high and low for the best bookkeeping provider for your dental business and we want to tell you why we love using Xero bookkeeping software so much.
You may have noticed logos for Xero on our website. If we do your businesses bookkeeping, there’s a good chance you’ve even seen the software.
If you haven’t (or even if you have!) here are 5 reasons why we love Xero so much:
1) Easy to use
Xero has been designed to be simple to use. From it’s intuitive user interface to using plain English, if you’re not familiar with bookkeeping software, we’re sure you’ll find Xero very easy to get to grips with. Even if you are used to Sage or Quickbooks, we’re fairly certain Xero can save you time.
2) Bank feeds
Xero can speak directly with your bank to download your most recent transactions. No longer will we be chasing you for bank statements – (depending on who you bank with) your most recent transactions will simply be downloaded and waiting for you every morning.
3) Automatic bank reconciliation
Once Xero has the transactions from your bank, Xero can automatically match up any purchase invoices to bank payments. Depending on how you choose to use the software, bank rules can be created for regular transactions to speed up the reconciliation process.
4) It’s in the cloud
Xero is a web based bookkeeping solution. It can be accessed anywhere that you have the internet. This also means that there’s no need to worry about taking and storing regular backups, or passing backups between us as your accountant. We can simply share access to your Xero account and get the information we need.
5) Affordable monthly subscriptions
No longer do you need to fork out hundreds of pounds every year to buy the latest version of Sage or Quickbooks. With monthly subscriptions starting from as little as £9, Xero is very cost effective. In fact, if you sign up for our bookkeeping services, we can provide Xero for free.
If you’d like to discuss switching your bookkeeping services and accounts to Hive please call 01872 300232 or email us at hello@hivebusiness.co.uk.
