As you are no doubt aware, making tax digital for VAT is here. Business owners above the VAT threshold of £85k must file their VAT returns online using HMRC-recognised software like Xero. Its use is mandatory, so it is a good plan to have the latest software and training on how to use it. If you have not been educated on the benefits of Xero, the features that make your working life simple and how to receive training on its use, Pebbles Bookkeeping Services in Manchester is happy to help.
Small Business Help
First, Xero is an essential help for small businesses with limited budgets that understand the importance of simple-to-use, cloud-based accounting technology that keeps their affairs in order.
For you and your business to become familiar with how to use it, our bookkeeping services offer training on this accounting platform to help you gain confidence. Xero is an affordable subscription plan that can tailor to your business needs, with plans supporting unlimited bills, invoices and bank transactions that add minimal extra costs.
Indispensable Tools
Xero has a bevvy of features and tools that streamline the accounting experience, allowing your financing tasks to be less tedious and time-consuming.
With Xero, you can invoice directly from the software and cut out the paperwork completely. It also integrates with payment processors – such as PayPal, Stripe and Square – so you can take digital payments easily. Quotes can also transform into invoices with a few clicks, and invoices have drag-and-drop lines for easier re-orders for items. Xero can also schedule recurring invoices with ease, and set up invoice payment reminders so that you don’t have to chase after your customers constantly for payment settling.
Financial Overview
As well as bookkeeping services, Xero is a handy tool for giving you a clear financial overview of your business. Xero’s setup has a unique, intuitive dashboard highlighting how much money is coming in and leaving your business in real time.
One of the benefits of Xero, you can quickly link to crucial parts of your business accounts and provide snapshots of your bank balance, creditors and debtors, and helps to track payments and avoid any errors that affect your bookkeeping. Xero also allows for personalisation so that the important information for you is front and centre.
At Pebbles Bookkeeping, we are much more than bookkeeping services and outsourced payroll services – we also provide training on many accounting software services like Xero to better benefit the financial health of your business. Contact our friendly team today to discuss implementing accountancy software into your business.
