You may have seen this logo on our website before. You may have heard us raving about Xero. But are you aware of how you can use it to positively change your business?
Xero is a cloud based bookkeeping solution designed to be simple and easy to use. Here are just some of the reasons Xero will help you do your bookkeeping with ease:
NO JARGON
Xero doesn’t use tech speak, just plain English, which makes it a far less daunting prospect when facing your bookkeeping.
You will be able to navigate around and understand what it has to show you in terms of your business’s finances.
This will save you time and help you get to grips with the really important information you have at your fingertips.
NO DOWNLOADING
No more downloading bank statements or even paying the bank for paper copies. Xero can link directly to most banks to feed your bank statements straight into the system.
Once Xero has the transactions from your bank, it can automatically match up any purchase invoices to bank payments. You can also choose to use “bank rules”, which can be created for regular transactions, analysing them automatically to where you want.
This all saves time and a lot of hassle during the reconciliation process. We have previously posted a blog that goes into more detail about this.
ACCESS IT ANYWHERE
Being cloud based means it can be accessed anywhere, as-long-as you have the internet. This also means that there is no need to worry about taking backups or having to pass your records to your accountants. We can simply share access to your Xero account and get the information we need.
There is now a Xero app for both IOS and Android which takes the accessibility to another level again. If you are away on business, instead of worrying about keeping all the receipts for when you get home, you can simply capture expenses on the go. All you need to do is take a photo and upload it on the mobile app.
IT’S AFFORDABLE
Lastly, but no means least… It’s affordable! With monthly subscriptions starting from £10, but what’s even better, is, if you sign up for our bookkeeping services, we can provide Xero for free.
If you would like to discuss your accountancy services with us and discover more about how Xero could work for you, please get in touch on 01872 300232 or email us at hello@hivebusiness.co.uk.
