What Is Xero?

Xero is an easy to use but powerful online accounting system that’s designed specifically for small businesses.

• Xero provides a view of financial information in real-time. There’s no need to buy expensive software and install upgrades. Xero is available on your PC or Mac in the office, at home or on popular mobile devices – anywhere, anytime.
• Xero automatically imports your bank statements daily so you can keep abreast of your cashflow. Xero has a full suite of accounting features such as invoicing, payables, expense claims, GST/VAT/BAS, tax returns, reporting and much more.
• The beauty of Xero is you can invite a number of trusted people such as your accountants, to collaborate online, eliminating cumbersome transfer of data that can be corrupted or is out-of-date.
• To find out more go to www.xero.com where you can try Xero for free.

BENEFITS OF XERO

Real-time view

You’ll always be on top of your cashflow. At a glance the Xero dashboard gives you:

• A summary of all your bank accounts’ details and balances
• Visibility of how much money you have coming in and going out
• Outstanding staff expense claims
• The ability to drill down to see transaction details.

Banking and billing with ease

Xero lets you enter your invoices quickly and efficiently, whether you are creating
an invoice for one or many items.

• You can create a schedule to automatically generate invoices on a regular basis, saving you the time and hassle of entering the invoice manually every month.
• You can email formatted invoices directly to customers from within Xero and you can choose to email a copy to yourself.

Xero has made bank reconciliation easy and fun. You can automatically import
your bank statements into Xero daily, so you don’t waste time downloading and
uploading bank files manually.

Manage your payables

Keeping on top of your payables has never been easier. Xero let’s you track
where your money is going and why.

You can:

• See all your outstanding invoices at a glance.
• Set-up repeating payables invoices for regular suppliers.
• Approve shared workflows to relieve the business owner.
• Enter receipts for your expense claims as you collect them, or all in one go.
• Choose to pay part or all of a claim. You’ll have all the information about the
• claim on hand to help make the decision.
• Approve or decline each receipt in a submitted expense claim. The entire
• expense claim can then be authorised.

Anywhere, anytime

Xero is web-based so you can work where you want, when you want.

• 24/7 access from any internet connection in the world – PC, Mac, iPhone, BlackBerry or other windows mobile device.

Xero requires no installation, manual backups, maintenance or additional
software. All updates and new features are available to you when you next login.
Help is always at hand with free, unlimited email support, a comprehensive
online help centre and an expansive library of videos from getting started tours
to tips and tricks.

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