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Welcome to our monthly roundup of what’s new in Xero. With enhancements from the ability to send invoices via SMS to improvements in Xero Tax and sales tax reporting, we continue to make Xero even better. These are just some of the updates that have rolled out in Xero this month. Read the blog post to find out more.
We’re kicking off the new year with some exciting Xero updates designed to address some of the enhancements youve been asking for, and make things more automated to save you time. Xero automatically creates draft bills with key details, with the original document attached ready for approval.
Introducing Xero Simple To support you and your clients with MTD for IT, were evolving our non-VAT Xero Cashbook plan into Xero Simple.* Xero Simple is a new plan that has been packed with new features to support you, and your sole trader and landlord clients, with the next wave of MTD for IT and digital transformation. .*
This month’s Xero product updates include exciting new features and enhancements to streamline your workflows and boost productivity. Global: Get a snapshot of your client’s financial health in Xero Practice Manager and Xero HQ Client insights is now available for all Xero partners.
In last month’s edition we shared how we’re making it easier for you to navigate and tab through fields in invoicing , and in July we rolled out the ability to toggle payment methods on and off in your payment settings without leaving Xero. This allows for more precise tracking and more accurate leave accruals.
Timeline for implementation The rollout of the National E-invoicing Initiative will occur in phases based on annual turnover: Phase 1: Mandatory e-invoicing begins on 1 August 2024 for businesses with an annual turnover exceeding RM100 million. With Xero, you can: Generate and send e-invoices effortlessly. Ready to embrace e-invoicing?
We’re excited to announce our official judging panel for the Xero Awards UK 2024. This year’s panel is made up of Xero leadership, as well as guest judges from the Xero community, including previous Xero Award-winners and industry leaders. She is an industry leader and an inspiration to many.
Finalising your 2024/2025 tax year Wrap up outstanding items Before processing your last pay run for the 2024/25 tax year, approve any outstanding leave requests, timesheets and overtime to ensure your employees’ final pay is accurate. Xero will submit an Employer Payment Summary (EPS) to HMRC once your final pay run is complete.
Xero has just been awarded the IDC 2024 SaaS CSAT Award for Finance. Xero placed in the highest scoring group for vendors serving the financial application market. We’re constantly striving to make Xero the best it can be, so you can work on your business and focus on what you love.
Over a decade ago, Xero acquired the WorkflowMax (WFM) product to build out Xero’s practice tool offering globally, and ultimately help us to create a more seamless experience for accountants and bookkeepers to run their practice in the cloud. No impact to XPM Our decision on WorkflowMax has no impact on Xero Practice Manager.
Thats where Xeroaccounting and payroll software helps. Embrace payroll software for year-end tasks Xero cloud-based accounting software can streamline your payroll and make year-end reporting easier to tackle. HMRC-recognised, Xero simplifies your compliance with automated RTI submissions and easy adjustments.
Get ready to experience the next level of financial clarity in Xero with data insights that help you better visualize your business performance. Introducing Analytics powered by Syft, Xero’s new product that makes insights more accessible to small businesses and their advisors. When will Syft be available in Xero?
To accelerate our mission to provide powerful insights, we are thrilled to share that Xero is acquiring Syft, a leading global cloud-based reporting, insights and analytics platform for small businesses, accountants and bookkeepers. Today, Syft is available through the Xero App Store as an app partner.
Completing your EOFY is better off on Xero. Check your employees’ records As part of Single Touch Payroll (STP) , there are key compliance requirements that affect the way employees are set up in Xero. For more details on reporting categories, check out our guide in Xero Central.
On 9 July, we announced that the Xero Beautiful Business Fund is back for 2024. Just as we did last year, we’re giving away more than NZ$750,000 to eligible Xero small business customers across Australia, Canada (excluding Quebec), New Zealand, Singapore, South Africa, the UK, and the US.
Last month on stage at Xerocon Sydney, we announced that applications officially opened for the Xero Beautiful Business Fund. We’re giving away more than NZ$750,000 to eligible Xero small business customers across Australia, Canada (excluding Quebec), New Zealand, Singapore, South Africa, the UK and the US. T&Cs apply.
So in the spirit of Glastonbury, what better week to announce the Save the Date for our own version, a Glastonbury for accountants and bookkeepers: Xerocon London 2024. Save the date for Xerocon London, which will return next year from 12-13 June 2024, hosted at ExCeL in London’s Docklands. Yes, you heard it here first.
Wow – what an amazing response we’ve had to the Xero Beautiful Business Fund! There are truly some incredible small businesses out there in the world, and some wonderful accountants and bookkeepers who support them. The post Xero Beautiful Business Fund: Congratulations to our partner referral winners!
Understanding the environmental impact of your business is critical in today’s business environment — and carbon accounting is a fundamental step in this process. With carbon accounting increasingly becoming another compliance measure mandated by regulators, businesses of all types and sizes need to get their emissions numbers in order.
Following a careful review of our current TAS solution, we have made the difficult decision to retire our Planday product on 30 September 2024. As part of our new strategic partnership with Deputy, Deputy’s workforce management capability will be integrated into the Xero platform. What do Planday Australia customers need to do?
To help small businesses and their advisors plan ahead, I’ve looked at separating the hype from reality to uncover the top five technology trends that may impact the small business landscape in 2024. Will it be the breakthrough technology of 2024? It seems unlikely to reach full maturity next year.
Last night I had the enormous privilege of hosting our very first in-person Xero Singapore Awards ceremony to celebrate the outstanding achievements of our accounting and bookkeeping partners and crown our 2023 winners. Small Singapore Accounting Partner of the Year Bamboo Sea Pte. Looking forward to 2024!
I’ve really missed the opportunity to connect in person with our amazing accounting, bookkeeping and app partner communities — especially on such a large scale. Our teams have been working hard behind the scenes on Xero Go for some time now, and it’s great to launch the early release in the UK with more features coming soon.
Entries for the UK Xero Awards 2024 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. I think it was the first Xero Award we entered.
And this year, we’re proud to have filled our exhibitor floor with some of the best and most loved apps for accountants, bookkeepers and small business owners alike. Event Partner+ Bill BILL for Xero is a simple bill payment solution made to eliminate double entry and piles of paperwork. Not sure where to start?
In the 2022 budget announcement, Singapore’s Minister for Finance announced the GST rate will increase from 7% to 8% on 1 January 2023, and from 8% to 9% on 1 January 2024. Here’s what we’re doing to make it easy for you to manage this change in Xero. We’ll make the new 8% rate available in Xero by 9 December 2022.
But with so many apps available to connect to Xero, it can feel overwhelming to sort through them all. Most popular apps Our Most popular apps of 2024 lists highlight the top apps that Xero users connected to through the Xero App Store. Check out Xero award-winning apps How can these apps help you?
In May, we announced changes to Xero’s plans in the UK as part of our efforts to simplify Xero’s offering. We recognise for some customers this may be a significant price increase when moved by Xero to a new plan, and in some scenarios we’ll offer discounted pricing.
The Oranjezicht City Farm was one of the 2023 winners of the Xero Beautiful Business Fund , winning the ‘Strengthening Community Connection’ category for their incredible work in community-building. Xero has helped us enormously to keep track of our business, understand how we are performing and where we can improve.
Welcome to our monthly roundup of what’s new in Xero. From duplicate bill detection to streamlined GST reporting, we’ve been busy making Xero even better. We’ve rolled out not one, but two, highly requested updates to Xero that answer eleven of your most requested product ideas.
For accountancy firms, growth is extremely welcome but not without its challenges. Davenports Accountancy , founded over 20 years ago by Scott Davenport with partner Jason Davenport, who heads up the separate marketing division, has enjoyed a period of rapid growth. . Challenging times. The right solution. Everything connected.
We shared a number of product and tech updates at Xero’s Investor Day in Melbourne on how we are bringing new capabilities to help Xero customers run their operations and manage their finances more efficiently. Xero is developing a conversational interface — called Just Ask Xero (JAX) — using powerful GenAI technology.
It’s the perfect time to not only meet some of the apps being exhibited at this year’s Xerocon, but hear real-life stories on how connecting apps with Xero can streamline your work and expand your possibilities. So, how can you prepare ahead of time to meet the app exhibitors, ask the right questions and come away empowered?
From April 2024, self-employed people and landlords earning over £10,000 annually, will need to follow Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) rules. . As an accountant or bookkeeper, you will need to prepare yourself, your clients, and your practice for these changes. What MTD for ITSA means for your clients.
Xero connects with over 1,000 apps that help small businesses and their advisors succeed, check out the Xero App Store. Find out more about becoming a Xero app partner here. Xero recently hosted Xerocon London , one of the most anticipated events on the calendar for cloud accounting leaders.
From April 2024, sole traders and landlords with a total annual turnover above £10,000 need to use MTD for ITSA compatible software to keep digital records and file returns. Getting onboard with Xero. Macauley explains, “The process of working with Xero and onboarding clients is great – we can already see they’re engaged.
It’s hard to describe the feeling of connecting with Xero’s amazing accounting and bookkeeping community in person again after nearly three years. Xero Small Business Insights and getting ready for what’s next. At the time, Ollie was only 13 and the youngest Xero certified advisor. Xerocon moves on to New Orleans.
New regional and provincial data from Xero Small Business Insights (XSBI) helps track differences in small business performance within Canada and within the US. It had the shallowest slowdown in sales of any of the major regions during 2023 and the early months of 2024 The West had the strongest pre-pandemic average sales growth.
Twice a year, our teams at Xero are invited to take part in a hackathon week. A staggering 670 Xeros and 127 teams around the world registered to participate, highlighting the widespread engagement within our talented community. Participants are encouraged to think outside their comfort zone and area of expertise.
Top Remote Candidates This Week Are you in need of remote accountants? Our ‘ Always-On Recruiting ‘ program allows you to connect with highly skilled and experienced remote accounting candidates without any upfront costs. Here are some of our top remote accounting candidates for this week.
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. Embracing the changing world of work.
It was great to see so many new and familiar faces from Xero’s accounting and bookkeeping community at Xerocon Sydney 2023. The day kicked off with a moving welcome from Te Raranga Whanui Kapahaka group, followed by an insightful conversation between Xerocon host Julia Zimero and Xero CEO, Sukhinder Singh Cassidy.
Wow – what an amazing response we’ve had to the Xero Beautiful Business Fund! There are truly some incredible small businesses out there in the world, and some wonderful accountants and bookkeepers who support them. The post Xero Beautiful Business Fund: Congratulations to our partner referral winners!
Kiwi Skips was a winner of the ‘Innovating for Sustainability’ category in the 2023 Xero Beautiful Business Fund for their work promoting zero waste management. One of the early tools that helped Dan grow his business was Xero. “It Watching it all go to waste felt wrong – but it was pretty easy to fix.”
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