The A, B, C of Bookkeeping using Xero

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The A, B, C of Bookkeeping using Xero

The accounting aspect of your business is one of the most critical processes in the entire company. Get it wrong, and you can expect a hefty tax bill that brings the firm to its knees. Even worse, the stigma will stick with you forever, and shivers will run down your spine every time it’s tax return season.

Of course, accounting is more than pleasing the taxman. It’s also about understanding your finances so that you can make quick, informed decisions for the sake of your business. After all, failure to grasp the company’s financial position will not only affect growth but its future success.

Thankfully, the Xero Bookkeeping solution is here to help and make these problems a thing of the past. With Xero Bookkeeping software by your side, your business can expect a high-quality partner that does the following.

It Gives You A Better Understanding Of Your Position

When you are in charge of the finances, you will have a plan that helps you to keep your head above the waterline. However, the aim is to survive and not to flourish. At The Bookkeeper Hub, we are trained specialists who love everything number-related. And, that’s why you’ll acquire a better understanding of your company’s financial position.

With detailed records, you will know where your cash is going and why. If you don’t like the answer, Xero Bookkeeping technology means you can make fast changes to ensure no resources are wasted. Whether it’s incomings or outgoings, this control will allow you to know what is due and when.

As a result, you won’t lose money from unpaid invoices or penalties and late fees. You will never have to worry about payments again with our help.

You Get Peace Of Mind

Handing over responsibility isn’t easy for bosses, especially when resources are involved. Let’s face it – you’re the boss for a reason. As such, you like to know that you can trust whoever is in charge of tasks, regardless of their size. At the same time, it’s essential to delegate to save time and money and funnel them back into the most vulnerable areas of the business.

Here at The Bookkeeper Hub, there is no need to worry about our credentials because they speak for themselves. Our agents are fully-trained, which means they are ATO registered. Plus, they are legally required to keep tabs on the industry and fill any gaps in their knowledge. As a result, a Xero Bookkeeping employer knows the GST consequences of data entry and input, and are fully skilled in the program.

Therefore, you get peace of mind as reports are compiled diligently and with current rules and regulations in mind.

You’ll Save Resources

Resources are hard to find for businesses. SMEs often fail because they don’t have big enough cash flow and end up crippled with debt as a result. Time is as essential and shouldn’t be underestimated. We treat both the respect they deserve. Firstly, it’s possible to save money with Xero Bookkeeping thanks to the greater control you get over your finances. That means there is less wastage, such as fines or unnecessary fees.

Of course, there is a time aspect, too. Letting a trained agent take care of your finances means that you are better equipped at focusing on the business as a whole. Our customers see a 95% decrease in the amount of time they spend on bookkeeping duties. All you need to do is to forward us your statements and transactions and we’ll do the rest with the help of Receipt Bank or Shoeboxed.

Our services start at $200 per month, so the cost isn’t high. In fact, Xero will save you a lot more than a couple of hundred bucks.

Xero Doesn’t Make You Reliant

The sad thing about partnerships that revolve around modern technology is that the customer can become reliant. However, you don’t have to worry about this problem. Why? It’s because of our “Fix-It on Demand” service. Should you encounter an issue, you merely need to contact us and we’ll log into your account and repair the bug.

But, that’s not all – we give you a video to show you what to do if it occurs again, too. We also have a “Training on Demand” program that makes courses available anytime so that you can master Xero like a pro.

What’s Next?

If you want to cut costs, save time, and understand your finances, you should call us now or visit our website. Enhanced bookkeeping is only one-click away.