If you have a bookkeeper or financial advisor, Xero makes collaborating and sharing information simple. Invite your bookkeeper as your Xero advisor As your business grows, you can also upgrade your plan which gives you more control over what you’re spending your money on. Xero has different subscription levels meaning you can choose the plan that suits your needs and budget. With Xero’s Australian EOFY calendar, stay on top of the key dates and deadlines for the financial year. Xero also calculates tax, super and leave for you so you won’t need to spend your weekends analysing each employee’s pay details. With Xero’s online payroll software, you can pay staff and report payroll details to the ATO. You can make batch payments and schedule them in advance. Xero not only helps you improve your accounts receivable but also ensures you’re paying your own bills on time. With digital invoicing, data capturing tools and automated processes, you have better accuracy and fewer chances for costly errors in your accounting.

This will save you and your business time and allow you to spend time on growing your business without the pressure of getting compliance done. With Xero, you can set up pay runs and send recurring professional invoices. Improve your business operations through automation and machine learning. Automation like this can help you get paid 16 days sooner and boost your cash flow by 4%.

To improve your accounts receivable, you can integrate programs like Chaser, which sends polite but persistent email reminders to customers with outstanding invoices. Not only is it faster but you’ll know whether they’ve opened it and if you need to send a reminder. Instead of traditional printed invoices, use online invoices and get your customers to pay online. Xero provides tools that small businesses can use to get paid faster. Once you go digital, you can integrate your other apps like Hubdoc, Stripe, HubSpot, Mailchimp, Shopify, eWay, Kounta, Deputy and ServiceM8 and more so that you can access all your information from one central location. Whether you want to work from your phone, tablet, personal laptop or work computer, Xero allows you to access all your business financials wherever and whenever you want. Carbon’s Xero setup and training services.Invite your bookkeeper as your Xero advisor.

Why use xero accounting software