Is Xero really that easy to use?
Our qualified answer is Yes.
But any accounting engine is only as good as the information that is going into it.
With bank feed transactions being reconciled on a regular basis, accounts receivable and payable being processed and reconciled, GST returns/Payroll being checked and paid throughout the year, Xero (with some add-ons) certainly makes accounting simple and more intuitive.
There are some tricks and better habits to get into however.
And these will make the end of year preparation of financial statements that much more efficient. This is a positive for everybody, our clients and us their accountants!
Emma Laing, our head internal Xero consultant, has been working closely with some of our clients for a period of time now, and has some very good tips around using Xero which are specific to the way we do things at Cloud Accountants.
She will be highlighting some of these tips in a series over the next few months.
A warm welcome to Emma, our guest blogger!