Xero Cloud-Based Bookkeeping
Xero is in the business of simplification. This cloud-based accounting and bookkeeping software ensures you get your books done fast, with its fully automated processes from importing bank transactions to sending invoice reminders.
Certified Xero Advisors can offer your business the freedom to access your data anywhere, from any device with their mobile app, providing instant information about how your business is tracking.
Exact BAS and Bookkeeping Prefer Xero
Xero’s bookkeeping software platform is encrypted for secure online storage of accounting information. With authorised logins, it can be centrally accessed by your accounts team, giving up-to-date records regarding income, assets, expenses, taxes, payroll, invoices, banking transactions, reconciliation, and reports. Vital information is now reliable and available in real-time.
One of the greatest advantages of cloud-based bookkeeping is that the software connects directly to business bank accounts. This allows for seamless linking of banking transactions with accounting information. Unnecessary hours of data entry are negated, minimising the chance of error or repetitively transcribing the exact same details.
Also, cloud bookkeeping software providers typically update their platforms with new tax rules, rates or regulations so the users are always operating with the latest information.
Xero Features Means Smart Business
There are a myriad of benefits for clients of Xero software and its features but this is not a bookkeepers conference (we could so easily go all the way down the rabbit hole.)
Our Top 10 Favourite Xero Features:
Timely Bill Payments - with overview of Accounts Payable and cash flow
Send Invoices - via a smartphone or desktop, immediately as the job is completed
Accept Online Payments - get paid fast by connecting to Stripe, GoCardless, +more
Connect Your Bank - daily transactions flow securely into Xero
Payroll - pay staff, report tax, and superannuation details to the ATO online
Bank Reconciliation - categorises daily bank transactions using suggested matches
Customised Reporting - tracks finances and tailors balance sheets
Employee Expense Claims - capture, submit, approve and reimburse claims
Inventory - tracks stock and populates invoices/orders with items you buy and sell
GST Returns - calculates GST, assists BAS preparation, simplifies lodgement with ATO
Progressive Adept Bookkeeping
Almost 200 years ago Charles Darwin (1809-1882) famously wrote, "It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change." The 21st Century has reduced that to Adapt or Die.
Exact BAS and Bookkeeping recognise that several clients are resistant to change and that cloud-based bookkeeping is an abstract concept. Letting go of tangible documents and ledgers in favour of digital processes is confronting. We are here to help facilitate that leap of faith into the current and future practices of accounting and bookkeeping.
Exact BAS and Bookkeeping agents are Bronze Partners and Certified Advisors of Xero cloud-based accounting software which means we have access to continued software, education, and marketing support, benefiting our clients and their employees. We are at the forefront of online invoicing, bookkeeping, and payroll management, tailoring services specifically to your business requirements.
We are also well versed with MYOB Essential accounting software, which is ATO compliant and also facilitates all cloud bookkeeping services optimising your cash flow.
Evolution is digital and there is no going back, but you can place your confidence in us so your business won’t get left behind.
