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” This stark observation from Haley Reyners, founder of My Two Cents Accounting Services , highlights a common challenge facing small businesses. ” Finding a flexible solution that can scale The integration of Paidnice with Xero provided the customisation and local support My Two Cents needed.
The Xero Australia Awards are back for another year! Richard Jeffares of Two Bays Brewing – who took out the Small Business of the Year Award in 2021 – says, “It stops you from waffling. Demonstrate customer success both independently and through your joint value proposition with Xero. How best to do this?
It’s time for the 2022 New Zealand Xero Awards, celebrating the accountants, bookkeepers, app partners and integrators who help Kiwi small businesses flourish. If you’ve been thinking of entering , you’ll love reading what Michael Parker, director of Crux Advice & Accounting has to say. We’re located in Nelson, New Zealand.
Entries for the UK Xero Awards 2024 are now open for our accounting, bookkeeping and app partners. Why enter the Xero Awards? Since founding de Jong Phillips with her father in 2015, Pam and her team have become experts in their field by focusing their efforts on providing next level accountancy services for creative agencies.
Today we’re incredibly excited to announce a three year partnership between Lewes FC and Xero to help the club on its mission to drive greater equality in the women’s game. According to the FA’s report in 2021 , 13.5m To find out more about how Xero is helping to grow the game, visit this page. . How the partnership will work.
Entries for the UK and Ireland Xero Awards 2023 are now open for our accounting, bookkeeping and app partners. Why enter the Xero Awards? De Jong Phillips was a finalist for Small Firm of the Year at the Xero Awards in 2021, and came back again in 2022 to win the same category. “It Get your entries in .
When Lucy Johnson won the 2022 Xero Award for Sole Practitioner of the Year, her practice – Simplex Accounting (formally known as Isle Book-keep) – was just 12 months old. Lucy started Simplex Accounting after being made redundant from her job doing the books for a beauty company. Lucy’s tips for entering the Xero Awards.
It’s likely many small businesses have a lot of capital tied up in receivables and inventory that they could turn into cash, something Waddle , a Xero company, and Commonwealth Bank of Australia (CommBank) are solving with Stream Working Capita l. CommBank has most of the information needed to make a credit decision.
Cloud-based apps and tools, like those in the Xero App Store or wider Xero Ecosystem, have given small businesses the ability to use a combination of apps to build their own bespoke business engine. Fathom is a reporting, analysis and forecasting tool that has been a part of the Xero Ecosystem since 2012.
It’s been a tough year for many of you across the accounting and bookkeeping industry – supporting clients through turbulent economic times, whilst facing your own challenges. Come and chat to the team about how Xero can help boost efficiency in your practice. These will be happening in the theatre at our stand 840.
Millions of people around the world, myself included, are beyond excited in anticipation of the FIFA Women’s World Cup 2023 in July and August and Xero is incredibly proud to be a FIFA Women’s Football Partner.
I’m so thrilled to be back at Xerocon London connecting with so many of our accounting and bookkeeping partners and app partner community. As part of the Xero Small Business Insights (XSBI) program, today we released Crunch: Cash flow challenges facing small businesses – a special report examining cash flow challenges facing small businesses.
At Xero, we are custodians of your data and do all we can to protect the information held in your account. One of the ways we do this is through multi-factor authentication (MFA), a process designed to secure how you log in to Xero and verify it’s really you. Today, every Xero customer must use MFA when they login.
However, most of us will have completed an EOFY using Single Touch Payroll (STP) before, so wrapping up the 2021/22 financial year should be smooth sailing. . Process any pay runs for the 2021/22 financial year. Any pay runs with a payment date in the 2021/22 financial year will first need to be posted and filed.
None more so than you all — our valued accounting and bookkeeping partners — who have helped your clients navigate a digital acceleration and shift their business models to survive (and thrive). . Simplifying people processes with Xero and Planday. We were excited to launch a new beta trial of Xero Payroll plus Planday at Xerocon.
*Please note that while the process remains the same, all references to Xero Tax are applicable to Australia and New Zealand only. One of the most important ways we’re helping you save time and grow your practice is by moving towards a future where Xero Practice Manager (XPM), Xero HQ and Xero Tax will be seamlessly connected.
As many of us continue to respond to the impacts of climate change, it’s important to consider how the small business landscape will change, not just for our small business customers but our accounting and bookkeeping partners too. The post Decarbonisation: What’s in it for accountants and bookkeepers? appeared first on Xero Blog.
Did you know that in 2021, small and medium-sized businesses in the UK had a combined turnover of £2.3 million people in the UK, which accounts for over 60% of all private-sector employment ? Our suite of employee management tools in Xero. But they play a really critical part in enabling the UK economy. . That’s huge!
New insights on small business productivity We’ve released a new Xero Small Business Insights (XSBI) report, Small business productivity: Trends, implications and strategies , looking at recent small business productivity trends across Australia, New Zealand and the United Kingdom. appeared first on Xero Blog.
You can now add a Cash Summary report and Executive Summary to report templates in Xero HQ. When you select the figures in the ‘This month’ column on your accounts watchlist on the Xero dashboard, you’ll now be taken to the new version of the Account Transactions report. Other new features in Xero.
This difficult task of making a sale is showing up clearly in the latest Xero Small Business Insights (XSBI) data, with sales growth slowing across all Australia, Canada, New Zealand, the UK and the US. Canada was the first country to start to see payment times move higher, in late 2021, followed by the US in mid-2022. y/y and 7.6%
What an incredible couple of days it’s been at Xerocon London, kicking off the product update with the launch of our exciting new product for sole traders, and watching as our teams share the latest tools and features in Xero. Introducing Xero Go for sole traders.
At Xero, we understand the challenges our small business customers and accounting and bookkeeping partners face. trillion in 2021. . Make the most of accountants and bookkeepers. For many small business owners, accountants act as their most trusted advisors. And I’ve met many of you who’ve told me your worries.
If you’re using payday filing through Xero, you’ll also need to make sure these have been filed. Here are some tips that may help: If multiple expense accounts have been used for earnings and KiwiSaver, make sure the totals are added together and compared against the pay history report. Sit back and relax That’s it!
While it’s still early days in the UK, we expect that eInvoicing will eventually become a global best practice standard and a natural part of the cloud accounting process. Today, we’re excited to share that we are the first major small business accounting software company to launch eInvoicing in the UK. What is eInvoicing?
Xero Small Business Insights (XSBI) data for April 2022 shows signs of emerging risks to small businesses in the UK, Australia and New Zealand. The Xero Small Business Index is a unique indicator that uses timely data to show how small businesses are performing overall each month. Australia data . New Zealand data .
Today, I am thrilled to launch part two of our Xero Small Business Insights special report Crunch: Cash flow challenges facing small businesses. Expenses were 14 percent higher in 2021 than in 2020 in Australia and New Zealand, and 18 percent higher in the United Kingdom. And, the effects are already being felt.
This blog post is written by Logan Ransley, Co-Founder of Landlord Studio – rental accounting and property management software to over 4000+ self-managing landlords (managing 38,000+ properties) to help them stay organized and prepared for the tax season. . year over year by September 2021.
However, with lockdowns making video a more prominent part of our lives, the team explored a B2B strategy for the UK, followed by a successful launch in London in April 2021. . There were many hurdles to overcome, but accounting wasn’t one of them thanks to Xero. Our goal was changing the way people apply for jobs.
Often we hear about someone getting their card skimmed or account hacked (which is obviously impactful), but the risk actually goes much further. Using your details, they can create new credit cards, bank accounts, driver’s licence and passports in your name, or open, sell and buy things as if they were you.
The stress of running a small business is a feeling that accountant Stuart Hurst is familiar with. Today, Stuart is a Director at Accounts + Legal in Manchester, UK and he believes working with clients should be about more than just numbers. . Offering this advice gives Accounts and Legal a differentiator.
In all seriousness, tax season can be an extremely stressful time for taxpayers and accountants alike – perhaps even more so this year, with HMRC’s monumental change, Making Tax Digital (MTD) for VAT , fully underway for the first time. . To learn more about MTD for VAT, check out our hubs for small businesses and accountants.
Now, we turn to digital links , which have been mandatory for MTD for VAT compliance since April 2021 and play a vital role in connecting software packages and submitting MTD-compliant VAT returns to HMRC. By combining API-enabled spreadsheets with accounting software, you can submit information to HMRC digitally.
It’s Global Bookkeeping Week, an annual tradition that recognises bookkeepers from all corners of the globe and a worthy cause for celebration at Xero. Getting started with Xero When asked about how they got started with Xero, Katie and Deb had similar tales to tell. “In The success of the team coming together in July 2021.
Sponsor Xero: [link] Show Notes 3:36 — AICPA to Oversee New Internet Domain for CPAs | AICPA 7:36 — Given the change in the profession, what's the value of the CPA license in 2019 and beyond? Accounting Today — The CPA Exam, it seems, is not seen as a necessity by a significant percentage of young professionals. Blake responds.
Interested in sponsoring the Cloud Accounting Podcast? DIAL (202) 695-1040 Need Accounting Conference Info? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? We're wondering why they didn't buy Xero instead.
Sponsors Odoo: [link] Client Hub: [link] Rewind: [link] Meet Liz LinkedIn: [link] Twitter: [link] Website: [link] Show Notes 1:12 – Meet our guest, Liz Mason, CEO and Founder of High Rock Accounting 2:46 – Is the Maricopa County election audit truly an audit? Interested in sponsoring the Cloud Accounting Podcast?
Subscribe to the Earmark Accounting Podcast: [link] Get CPE for listening to podcasts with Earmark CPE: [link] Show Notes 1:25 – We’re back from Scaling New Heights! Accountants Can Win a Free Tesla from Expensify! Interested in sponsoring the Cloud Accounting Podcast? DIAL (202) 695-1040 Need Accounting Conference Info?
That’s where the best accounting software for CPAs and accounting firms comes into play. Investing in the best accounting software for CPAs and accounting firms designed to facilitate the operations of accounting business is a prudent decision. million ( Source : Finances Online ).
Interested in sponsoring the Cloud Accounting Podcast? DIAL (202) 695-1040 Need Accounting Conference Info? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes , or Podchaser.
Sponsors Rippling: [link] DEXT: [link] Dark Horse: [link] Show Notes 5:29 – Blake talks about his visit to the Institute of Management Accountants in Texas, his interview with IMA President Jeff Thomson, and gives more detail on the upcoming Earmark CPA! Interested in sponsoring the Cloud Accounting Podcast? link] Need CPE?
Interested in sponsoring the Cloud Accounting Podcast? DIAL (202) 695-1040 Need Accounting Conference Info? Why not let the listeners of The Cloud Accounting Podcast know by running a classified ad? Get in Touch Thanks for listening and for the great reviews!
19:25 – Zillow’s Algorithm-Fueled Buying Spree Doomed Its Home-Flipping Experiment [link] 26:15 – Staffing Shortage Cripples Growth at 40% of Firms [link] 29:43 – Two in five accountants ‘too drained’ to work [link] 32:08 – Stop Derailing CAS [link] 34:29 – Trying to decide where to live now that your job is permanently remote?
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