- You can set up a bank feed to automatically import bank statements into Xero.
If your resources are limited and you don’t have a big staff compliment, then Xero is the perfect accounting software for you.
With automated daily bank feeds which can be easily set up, you basically import your bank statements automatically on a daily basis. In this way you won’t have to manually import this data on your own or have one of your employees do it, which usually results in errors.
- You can access the data anytime you’re online, no matter where in the world you are.
Cloud accounting is sometimes referred to as online accounting because unlike in the past when you had to install expensive software and buy additional licenses for every user, now everything is done online with your information stored in an off-site server, to be accessed via the internet.
With Xero, you save because you don’t have to buy additional licenses, you can have as many users as you wish at no extra cost. There is also no need to pay for updates or upgrades as you would with traditional software systems.
- Easy Invoicing made possible.
Over 600,000 businesses around the globe are choosing Xero to simplify their accounting processes. In 2009 NBC (Northern Business Consultants) in Brisbane recognised the benefits of this system and began implementing the system for many of their clients.
Xero invoicing is simple and efficient, which is one of the reasons so many clients trust it. Creating invoices and emailing them to clients is quick. The system even allows you to see when the client opens the invoice, so they can’t deny receiving it.
- No Installation or IT Maintenance Needed
With cloud accounting you don’t need to install special software to your PC. There is also no IT maintenance necessary. Just set up and start using the system which even syncs with other apps. When you add information, it can be viewed by your bookkeeper or accountant no matter where they are.
Automatic software upgrades means there’s no more installations to do and upgrades are free. This saves such a significant amount of time, also saving on downtime. You also enjoy the benefit of knowing you are always viewing the most up-to-date version.
- Online accounting via Xero is a lot more reliable.
If you’ve worked in a company before, you are probably aware that company servers can and often do go down. Cloud providers such as Xero have more reliable systems than regular in-house servers, allowing you and your team to access your information when you need it, from anywhere, even if you want to access from your Ipad, mobile phone or tablet, Xero is compatible with all these devices.
If you’re looking for a Xero Accountant in North Brisbane, NBC has been ranked among the top 5 Xero Gold partners in the region.