Chart of Accounts Setup and Best Practice
In this blog, we’ll walk you through the basics of a Chart of Accounts, best practices for its setup, and how it can benefit your business.
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Looking to move to Xero? We’ve successfully migrated clients to Xero, so contact one of our Xero accountants today to discover how we can help you take your business to the next level.
Pick a timeCashflow in a glance - The dashboard in Xero provides you an overview of all your bank account details and balances, as well as how much money is coming in and going out, with the option to drill down to see transaction details.
Your billing, your way - Xero allows you to quickly and easily enter bills, as well as create repeating invoices to save time. You can even email formatted invoices directly to your clients from within Xero.
Anywhere, anytime - Because Xero is web-based, you can work from anywhere in the world, at any time, using any internet connection – PC, laptop, Mac, or even a smartphone.
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Find out quickly and easily how you could be making better use of Xero
Highlight potential duplicate transactions
Potential mis-coded transactions
Opportunities to make better use of contact defaults
Best practices with your use of the software
With Xero we can collaborate with you utilising the Xero dashboard to organise, request, and collect all of your documentation faster and smarter making the process as efficient as possible.
For businesses of all sizes, Xero is the right solution for managing their finances, bookkeeping, and day-to-day accounting in real-time.
Speak to one of our Xero experts today!
In this blog, we’ll walk you through the basics of a Chart of Accounts, best practices for its setup, and how it can benefit your business.
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