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XERO ONLINE ACCOUNTING SOFTWARE Xero is very clever and requires very little accounting knowledge and integrates with all kind of other services. It is most suitable for businesses who which to have a slick user interface, great out of the box reporting and process a reasonable number of transactions. Xero allow us to support you proactively throughout the year. SUMMARY OF KEY FEATURES Good management information and interactive graphics Not everyone likes to see long list of financial numbers many of us actually prefer well organised relevant summaries with graphics. Xero online accounting software produces this automatically out of the box for you. So no need to employ expensive consultants to produce your management information.  Intelligent, user friendly design mean you enter a minimal amount of data Do everything just once by using a intelligent set-up of standard data. Examples are the use of price lists, customer and vendor details and integrating with online pay-roll, customer relationship management software and uploading your electronic bank statements.  After uploading your bank statement Xero will reconcile your item automatically by searching for outstanding invoices and comparing entries against past entries. You can also set-up some reconciliation rules. Xero makes bank reconciliation very easy: you check the amounts and click on OK for most entries!  One click reporting One click and you have your VAT report, your balance sheet or profit and loss account. It is just another way to make your accounting so much easier. Do take care you can not expect any accounting software package to produce company law, or charity commission compliant reports out of the box. The charity commission has 134 pages of detailed instructions to which the accounts need to comply and the accounting standards consist of 800 or more pages. That is also why not just any (trained) accountant can produce compliant accounts. Make sure you employ a qualified accountant, for example a chartered accountant.  |
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*1 All quotations and offers are subject to contract and client acceptance procedures as required for regulatory and legal purposes fees quoted on this website apply for small companies, defined as per the companies act.
