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The Future of Restaurant Accounting: Simplified for 2025

Analytix Finance & Accounting

These are some of the statistics reported by National Restaurant Accounting. This can result in less time or motivation to focus on numbers, accounting, and bookkeeping, even though these tasks are crucial for long-term success. Automation has revolutionized accounting in recent years, and it will continue to do so in 2025.

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Our updated migration approach to move UK customers to new subscription plans

Xero

In May, we announced changes to Xero’s plans in the UK as part of our efforts to simplify Xero’s offering. Key things to note: For the majority of customers whose subscription plan will include the same or more features for either the same or lower price*, we’ll move you in February 2025.

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Better off on Xero: Steps to process and finalise payroll

Xero

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.

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What you need to know about changes coming to payroll from 1 July 2022

Xero

each year until it reaches 12% in 2025. However, the updates to superannuation likely mean you’ll need to set aside a little more each quarter, accounting for an extra 0.5% Will I need to do anything in Xero? . The first of these is now available as an opt-in limited release within Xero. . for pay periods from July 1.

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A short guide to Making Tax Digital for hospitality

Xero

We’ll also explore how the additional benefits of digitisation and cloud-based accounting software can help you run a healthier business. That doesn’t mean you need to do your accounting every day, just make sure you input daily totals when you do. Why hospitality business owners should choose Xero for MTD-compatible software.

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Four trends that will shape AI in 2024 and beyond

Xero

Trend #3: Control will lead to questions on accountability This year, we’ve seen governments around the world grapple with how they can control, in US President Joe Biden’s own words, the “most consequential technology of our time”. Accountability will either sit in in the usage of the tools or the development of the tools.

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Five tech trends for small businesses to watch in 2023

Xero

Responsible data use By 2025, individuals and companies around the world will produce an estimated 463 exabytes of data each day. The commercial landscape will also pose some interesting challenges to advising and accounting for business transactions that will have different attributes to those commonplace today.

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