Efficiency is essential when managing a company. Xero’s functionality will help you save time and effort in this regard by streamlining your business processes. You can effortlessly manage your finances by paying invoices and reconciling your bank accounts, as well as keeping track of your projects and contacts. You can take payments, submit VAT returns, and reimburse expenditures with a few clicks using Xero. And Xero’s built-in capabilities for managing personnel records and processing payments make payroll a breeze. Instead of spending time entering data manually, you can put that time towards expanding your business with the help of Xero.
Pay bills
Xero accounting software provides businesses with a powerful tool to help manage their financials. With features specifically designed for small to medium-sized businesses, Xero makes it easy to track and pay bills on time. By streamlining the accounts payable process, businesses can avoid late payment fees and improve their cash flow. Plus, with Xero’s clear and comprehensive overview of accounts payable, businesses can see all their outstanding bills in one place. Whether you need to pay bills weekly or monthly, Xero can help ensure you never miss a payment again.
VAT returns
VAT returns can be a headache for many businesses, but Xero accounting software has made the process a breeze. With its compatibility with HMRC systems, Xero can securely calculate your VAT and file VAT returns online. No more fussing over spreadsheets or manually sifting through data – Xero takes care of it all. You can rest easy knowing that your VAT returns are being handled efficiently and with the highest level of security. Say goodbye to the stress of VAT returns and hello to the ease and convenience of Xero accounting software.
Claim expenses
Managing employee expenses is an essential yet often time-consuming task. Thankfully, with Xero accounting software, this chore is made much simpler. With the expense manager tools, you can now capture expense claims, track spending, and manage it all in one place. By streamlining this process, you can save a significant amount of time that was previously wasted on manual data entry and tedious paperwork. So go ahead and reclaim those lost hours, and let Xero handle your employee expenses effortlessly.
Bank connections
Managing finances can be a daunting task, but with Xero accounting software, it’s never been easier to access and organize your bank data. With the ability to connect to over 21,000 financial institutions worldwide, Xero makes it simple to save time by automating reconciliation and streamlining your accounting process. In fact, Xero customers report saving up to 5.5 hours per week by using bank feeds alone. With the stress of managing finances taken care of, you’ll have more time to focus on growing your business.
Accept payments
Every business owner knows that chasing payments from clients can be a frustrating and time-consuming process. However, with the Xero accounting software, accepting payments has never been easier. Thanks to its intuitive and user-friendly interface, customers can pay online using their credit card, debit card, or direct debit straight from the Xero invoice. Not only does this provide customers with a convenient way to pay, but it also greatly increases the likelihood of getting paid on time. This is because customers can now pay exactly the way they want, without any additional hassle. Plus, with reduced time spent chasing payments, business owners can focus their energy on other important areas of their business.
Track projects
With Xero accounting software, keeping track of your projects has never been easier. Whether it’s generating quotes, invoicing clients or tracking your expenses and profitability, Xero’s project and job tracker software can help you streamline your business operations. This feature allows you to keep tabs on every aspect of your project, from its initiation to completion. With detailed insights into cost and profitability, you can make more informed decisions about where to allocate resources and optimize your workflow. Plus, with Xero’s easy-to-use interface, you and your team can stay organized and get paid faster for completed jobs. Say goodbye to the hassle of manual project tracking, and let Xero’s accounting software do the heavy lifting so you can focus on delivering quality work.
Payroll
Using HMRC-approved online payroll software, you may pay not just your employees but also yourself and your other staff members. It is important to automate the processes of calculating taxes, salaries, and pensions.
Bank reconciliation
Maintain accurate records of your account balances and financial transactions. Using the bank reconciliation software offered by Xero, you can quickly and easily verify that the transactions that take place in your business’s bank accounts are also reflected in its financial records.
Manage Xero contacts
Xero is the superior choice when it comes to managing your contacts in any capacity. Viewing information on a customer’s or supplier’s sales, invoices, and payments is made easy from a single, centralised location.
Capture data
Running a business is never easy, but with Xero accounting software, data capture is made simple. Thanks to the integration of Hubdoc, critical data such as invoices, receipts, bank statements, and bills can be automatically captured and stored for you. No more worrying about misplacing important documents or spending hours manually inputting data. With Xero, you can focus on growing your business and leave the tedious task of data capture behind.