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Xero features

To help get started with Xero, we're going to work through a few of the features. After watching this video, you'll be able to create and send an invoice, connect and reconcile your bank account, and add the contact details of your customers and suppliers....

TSheets + Xero

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Deputy + Xero

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Vend + Xero.

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How to do a financial health check.

This involves preparing or reconstructing your year to date financial statements. Financial statements allow you to undertake a detailed analysis to help you determine how you want your business to operate after you reopen and whether it is financially viable for you to reopen. Your accountant will be able to assist with such analysis.Such analysis will also enable you to spot any trends in your business prior to the disaster and compare how your business performed against similar businesses in ...

Pros and Cons of Outsourcing your Bookkeeping.

The pros and cons of outsourcing your bookkeeping. Wouldn’t you like to be able to reduce your time spent on administrative tasks so you could focus on increasing profits and running your business efficiently? Now might be the right time to contract out bookkeeping to an experienced trained team with accountants in house. We provide years of business experience and do not charge like an accountant. Our industry experience expands from consulting, marketing, manufacturing, retail, kohangas, tra...

Getting started in Xero

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How to do bank reconciliation?

Bank reconciliation is part of life as a small business owner. It keeps your bookkeeping accurate and can help lower your tax, alert you to fraud, and allow you to track costs. So how do you do it? Bank reconciliation steps Bank reconciliation happens when you compare your record of sales and expenses against the record your bank has. It’s how you verify your business accounting numbers. Get bank recordsYou need a list of transactions from the bank. You could get that from a statement, from o...

Small business bookkeeping for beginners

Bookkeeping lets you know how your small business is doing, and it helps keep you onside with the tax office. So what does it involve and how do you make it less boring? We break down bookkeeping for beginners.What is bookkeeping? Bookkeeping involves recording and classifying all the financial transactions in your business. It’s keeping track of what your business spends and what your business receives.These tasks used to be managed using books and ledgers, hence the name ‘bookkeeping’. O...

The Difference between a Bookkeeper, Financial Accountant and Management Accountant

“What’s the difference between a Bookkeeper, Financial Accountant and a Management Accountant?  When do I use one over the other? BookkeeperA bookkeeper is required to keep records of its business transactions into an accounting system like Xero. These transactions include sales, purchases, payroll, collection of accounts receivable, payment of bills, bank reconciliations, and travel receipts. To be good at their job, at a minimum, they must have a basic understanding of accounting term...