Xero is an easy to use and cost effective accounting solution for small and growing businesses. Xero has been built specifically for small and growing businesses, to help you improve control of your accounting processes and develop a closer working relationship with your accountant. Hence you no longer need to use either spreadsheets or manual records to record your business transactions.
Xero recognised that not all business owners had accountancy training, so set out, not only to simplify the accounting, but to make it fun!
As a Cloud solution, Xero can be used anytime and anywhere there is an Internet connection, so you’re not limited to working in the office. You ‘rent’ the service on a monthly basis and there’s no long-term tie-in if you decide to change to another solution. Xero is suitable for a wide variety of businesses, especially if you take into account partnering products, and we will be happy to advise you on its suitability for your business.
There are some really useful features within Xero to help you simplify your accounting processes. A fantastic feature is the automatic importing of Bank Statements information (called Bank Feeds) and the automatic matching of transactions to speed up the reconciliation process. A number of high quality reports are included as standard, giving you an instant view of business performance and key business indicators; you can even email Sales Invoices and statements to your customers as PDF’s.
Read about the key features in Xero here.
All accounting software needs setting up correctly so you can relate your business activities to the codes and descriptions used in the entry screens. Hence we will:-
Training costs with Xero are minimised, due to the exceptional on-line training on the Xero website, which covers all areas of the system. This allows you to learn at your own pace and also minimises the need for, and the costs associated with on-site training. We are happy to provide additional intensive training/coaching where necessary, to ensure the system is quickly adopted by the users.
We’ve put together some illustrative service packages starting from £100.00 per month in the tables below. A more detailed Pricing Schedule is available so you can choose the service level most appropriate to your needs and take the opportunity to add in other services we provide (You must be logged in to view this content). All pricing is subject to our standard Terms & Conditions, which are detailed in the Pricing Schedule and published here.
Basic Monthly Review
As Basic but additionally:-
Quarterly VAT Return
Fixed Assets & Depreciation
Prepare & post Journals
Quarterly Performance report
As Standard but additionally:-
Draft Year End Accounts
*All prices are stated exclusive of VAT and may vary depending on your demands and the size of your business. If you’re new to Xero, we will meet with you and agree a cost of conversion (i.e. putting all your data into Xero and finalising matters on your existing system). We will also provide a quote for any Xero training that may be required. Terms & conditions are provided with our standard pricing schedule as well as our standard terms of engagement as recommended by the Institute of Chartered Accountants in England & Wales.