Here at Kara Accountants, we believe in making accounting as simple and easy as possible for our clients. Accounting is part of any business but we know that it’s not everyone’s cup of tea – which is why we try to make it as pleasant an experience as possible!
With the Making Tax Digital initiative that is being rolled out by HMRC, we understand the need for businesses and individuals to have their accounting in digital format, along with the vision we have in making that simple. That is why we recommend Xero Accounting Software to our clients. We believe that it provides everything that a business needs, at the touch of a button, to complete their accounting duties.
There are many features of Xero, so let’s look at a few that will help your business:
1. INSTANT BANK RECONCILIATIONS
Xero has the function to automatically securely import your bank transactions every business day. This can save hours of admin and entering of manual data, giving you daily updates on your business finances.
2. EASY EXPENSE RECORDING
You can track, claim and manage your expense claims easily with the expense function. You can also give staff (controlled) access to Xero so they can enter their expenses directly which allows you to manage all expenses feeding through. Take photos of receipts, record details on the go – wherever you are!
3. QUICK PAYMENTS
With Accounts payable software that keeps you up to date, Xero allows you to pay bills and batch pay suppliers. Also, customers who receive their invoices via email can pay directly at the click of a button (sound good?)
Xero allows you to not only manage all the payroll in one place, it also automatically updates your accounts and creates HMRC submissions too. Manage your auto enrolment for workplace pensions also, ensuring that you are compliant, with ease.
5. ACCESS ANYWHERE
Easily accessed via your computer, tablet or mobile phone – you really can do your bookkeeping and accounting anywhere and on the go!
6. CUSTOMISABLE INVOICING AND TRACKING
Brand your invoices and customise them with the beautiful templates available which can be emailed to clients for simplicity. You can set up regular invoices and it’s easy for customers to pay you faster. Also set up automatic reminders, taking out the work of chasing payments.
7. UNLIMITED USERS
With Xero you can set up as many users as you need to, creating levels of access to ensure that anyone with access, has the correct level of authority.
8. DATA BACKUPS
Don’t worry about losing valuable information. Xero is backed up every night and therefore all your data is secure. Also, all your files and transactions can be stored in one place with easy access at any time.
9. 24/7 SUPPORT
Xero provides a support team that is available at any time of day, no matter what timezone you may be in, there will always be someone ready to help if you need it. They also do not outsource their support team, so you will be speaking to a Xero team member if you get in touch.
You see there are many benefits and features that come with using Xero online software and we believe that in order to provide an outstanding service to our clients, we need to be using a system that can guarantee that.
If you’d like to find out more about working with a forward thinking accountancy service that wants the best for your business, get in touch!