When we speak to business owners, and we have talked to a lot of them during self-assessment season recently, one of the most pressing issues for them is lack of time.
They talk about finding that elusive work/life balance so they can spend time with the family or playing golf at Downes Crediton, without affecting the day-to-day running of their business.
Our answer, especially to those owners of businesses that are VAT-registered, was to embrace Xero – the UK’s leading digital accounting software provider.
With Making Tax Digital coming into force for businesses with annual taxable turnover of more than £85,000 on 1 April 2019, there’s no time like the present to adopt digital accounting software.
But how do our experts use Xero and what are the benefits for you choosing this software?
Xero: the benefits for your business
There are plenty of digital accounting software options out there to choose from, and the reason we use Xero is because of its intuitive interface that sets it apart from desktop software.
Moving to Xero will provide your business with more than a bookkeeping service – it gives you insights into your business and a platform to manage client relations.
For instance, through the Xero smartphone app you can invoice your client as soon as you have finished providing a service, reducing the risk of late payments.
Xero also has the facility to send automated reminders to late-paying clients, supplying them with a user-friendly dashboard to pay you promptly.
It does this by linking invoices and bank feeds in a similar way to PayPal, and provides unlimited access for all parties in real-time.
From our point of view, Xero allows everyone to work from the same set of numbers, which provides clear visibility and ensures compliance with the authorities.
Xero: on-site training
Regardless of your experience, we encourage our clients to come into our office for on-site training to get the most out of Xero.
Our expert accountants have shown scores of business owners the time-saving tips and shortcuts that we have learnt to feed back into their businesses.
You will be shown how to use Xero’s connective interface so your business is in the best position to reap the real-time benefits.
On-site training is on offer, after which you will be fully set up and ready to use Xero.
We’re certified advisers when it comes to Xero and you can authorise us to act on your behalf or train you up to be digitally-savvy.
For more information, email us on firstname.lastname@example.org or call us on 01363 77319.