Remove 2022 Remove Reconciling Remove XERO
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We made the 2022 Most Innovative Companies list

Xero

Whenever we invest in machine learning, our vision is always to give you more meaningful time back in your day, so we’re thrilled that this work in bank reconciliation has been recognised as a top 10 innovation in the 2022 AFR BOSS Most Innovative Companies list for just that. But that benefit extends to customers new to Xero, too. .

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Product wrap from Xerocon Sydney 2022

Xero

Simplifying people processes with Xero and Planday. We were excited to launch a new beta trial of Xero Payroll plus Planday at Xerocon. We also showcased our recently-added start, end and break times functionality in the Xero Me app. Getting quick access to answers in Xero. Helping your clients avoid the cash flow crunch.

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Get set up for the new tax year with Xero Payroll

Xero

We have also introduced a new checklist within Xero Payroll to streamline your tasks and make it easy as we approach year end. Continue your regular routine of reconciling your posted pay runs by scanning through Account Transactions, Gross to Net, P32 and P11 reports.

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Steps to perfect your payroll this EOFY

Xero

If these pay runs are to be reported in the 2021/22 financial year, you’ll need to make sure the payment date of the pay run is on or before 30 June 2022. Reconcile your accounts, comparing the Payroll Activity Summary report and the General Ledger. You can run both reports for a custom date range to help identify any discrepancies.

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How small businesses can get themselves ready for Cyber Monday

Xero

In 2022, Cyber Monday brought in a total of $ 11.3 Consider running reports for the sales period in Xero–for example, a report that shows your sales by product for a selected date range. It’s also important to check that your Xero transactions, accounts and inventory levels are fully updated and reconciled prior to the sale.

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How we’re creating a single source of truth for your client data

Xero

That’s why we’re working hard to create a single source of truth for your client data across Xero Practice Manager (XPM), Xero HQ and Xero Tax. Imagine having one client list that you can easily access from all your practice tools in Xero. What’s changing in XPM and Xero HQ. The value of connected practice tools.

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Five steps to a seamless payroll year end

Xero

If you’re using payday filing through Xero, you’ll also need to make sure these have been filed. To make sure these pay runs are reported in the 2022 – 23 financial year, the payment date will need to fall on or before 31 March 2023. Check for any transactions incorrectly reconciled against your expense accounts.

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