WHAT IS XERO?
How Can Restaurant Owners Benefit from It?
Xero is a cloud-based accounting system that offers an intuitive and simplistic platform. Being that Xero is completely cloud-based, financial data is readily available securely online.
XERO?
What sets Xero Apart?
Xero is a cloud-based accounting system designed for ease of use and accessibility. Because it operates entirely in the cloud, financial data is securely available anytime, anywhere. Xero goes beyond convenience by leveraging artificial intelligence to streamline bank reconciliations and efficiently process large volumes of data. Whether you’re a first-time user with little to no accounting experience or a seasoned CPA, Xero’s intuitive platform simplifies key financial tasks, including invoicing, inventory management, bill payments, currency conversion, payroll processing, and more.
With Xero as part of your technology stack, you can make informed business decisions and manage complex transactions seamlessly from a single, visually appealing platform. Here at Bookkeeper360, these are some of our favorite Xero features:
Benefits of Xero accounting software
Available anywhere with desktop and mobile app
Having your accounts online means they’re available anywhere you are. Information is easily retrieved through your computer or mobile app.
User-friendly interface
Xero cloud accounting software has easy-to-use, customisable dashboards so you only need to see what is relevant to your key metrics.
Time-saving functions
Another Xero benefit is that it saves you time. Monotonous procedures, such as bank reconciliation, invoicing, and categorising expenses, are easy when done on Xero.
Over 800+ integrations with other apps
Streamline your financial function and have a central location for your cash flow management and forecasts.
Accurate, real-time information
You can link your bank account, send invoices, and pay bills from Xero so you always have up-to-date information on your cash flow situation.
Make more informed financial decisions
With access to clear and accurate financial information, you’ll be able to make better business decisions and plan more effectively for the future.
Get paid faster with Xero
Real-Time Transaction Updates
Upload bank statements or link Xero directly to your bank account for real-time bank feeds and seamless transaction updates.
- In the USA, small businesses were paid 25 days faster when using Xero software
- Australia/New Zealand customers that used their payment platform got paid an average of 12 days faster compared to ones that didn’t
- In the UK, Xero customers got paid an average of 15 days faster than non-Xero users.
Xero Connectivity with Banking
Banking Connectivity
Having your accounts online means they’re available anywhere you are. Information is easily retrieved through your computer or mobile app.
Swift Bank reconciliation
Easily match bank transactions to receipts and invoices in your Xero account with just one click.
Set your Bank Rules
Set bank rules to automate transactions, like assigning employee payments to wages automatically.
Expertly Managed - Invoicing
Ability to upload in bulk
If you use receipt tracking software already, it’s likely to integrate with Xero. I you’re working with spreadsheets, you can upload it directly into the software quickly and easily.
Email syncing via Xero software using HubDoc
You can sync Hubdoc up to your email address and it will automatically look for supplier invoices and upload to Xero.
- In the USA, small businesses were paid 25 days faster when using Xero software
- Australia/New Zealand customers that used their payment platform got paid an average of 12 days faster compared to ones that didn’t
- In the UK, Xero customers got paid an average of 15 days faster than non-Xero users.
Xero Certified & Trusted Partner
Bronze Partner
Certified and Bronze partner of Xero, “accounting software helps you to stay on top of your bookkeeping” – Simplifying Finances, Automating Workflows, and Empowering Your Business for Success!