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6 Sad Signs You Should Invest in a Xero Training Course

Bookkeeping is an essential business process that goes under the radar. For the most part, owners and bosses with zero Xero training think they can magically make numbers coalesce. While it seems simple, getting the company’s books in order is far from easy. If you don’t do it right, there’s a chance you will do [...]

5 Reasons Why Xero Bookkeeping is a Must-Have for Every Business

If you run a business, you will undoubtedly have heard of Xero bookkeeping. Xero is a cloud-based accounting platform that your team can use to update your accounts, whenever and wherever they like. The company behind the software is one of the most talented and innovative in the world, and it implements some pretty sophisticated [...]

5 Reasons Why You Should Keep Your Bookkeeping Up To Date

Balancing the books is a crucial part of running a successful business. If you’re a business owner, keeping a close eye on your accounts and monitoring payments that come in and go out is vital. If your books aren’t up to date, or your finances are in disarray, the risk of financial failure increases dramatically. [...]

Bill Automation – Which is the Best Product?

We mention bill automation frequently (because it makes running a business so much easier, of course). The ones we like the most for this purpose are Receipt Bank and Shoeboxed. There are currently 17 add-ons in the Xero marketplace that can automate your bills: Receipt Bank Entryless Expensify Datamolino Shoeboxed Hubdoc Xpenditure Invoice Smash PocketSmith [...]

Data Entry vs Bookkeeping vs Accounting

What kind of financial maintenance do you need for your business? There’s a common misconception that data entry, bookkeeping and accounting are similar disciplines but each position performs different duties (with some overlap). The chart below identifies the different duties of these three roles. Set-up  Enter Transactions  Checks, reconciliations and end of year processes Payroll  [...]