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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.
Its been a massive start to 2025! We also heard your feedback, and so now you can automatically prepare partnership annual accounts and tax returns using Xero data and seamlessly file them with HMRC (read more in the previous edition of Whats New). In February , we shared enhancements weve made to invoicing.
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. .*
That’s why we’re extending the availability of classic invoicing to 27 February 2025. Check out what’s changed and stay up to date with the new invoicing hub on Xero Central. As always, your feedback is essential, so please share your thoughts on Xero Product Ideas.
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.
Phase 2: Businesses with an annual turnover between RM25 million and RM100 million will need to comply starting 1 January 2025. Phase 3: The initiative will extend to all taxpayers on 1 July 2025. Cloud-based accounting solutions like Xero offer seamless e-invoicing capabilities, ensuring compliance with new regulations.
From January 2025, new climate reporting legislation will be introduced. How Xero can help We’re committed to helping small businesses and accountants transition to mandatory climate reporting. For small businesses, the good news is that the data you already have in Xero can be used to understand your carbon footprint.
These changes mean payroll is once again included in all Xero business plans , offering more choice and flexibility when it comes to paying yourself and employees, and keeping up with compliance obligations. For those moving to either the Xero Ignite or Xero Grow plan in July 2025, our current timing stays in place.
For example, if youve done your final pay run before 19 April, Xero will automatically submit your final EPS to HMRC for you. When you set a cease date, Xero will record this in your EPS. P60s will be available in Xero payroll from the end of March. Its the employers legal duty to provide the document by this deadline.
Xero’s commitment to diversity, inclusion and belonging has driven our inclusion in the Bloomberg Gender-Equality Index for the fourth consecutive year. Like last year, Xero is the one and only company headquartered in New Zealand to be included in the index, which is made up of 484 companies across 45 countries and regions.
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.
In 2025, AI will no longer be something we discuss in abstract terms. Here’s how I see AI playing out for small businesses in 2025. In 2025, we can expect AI regulation to address critical issues like bias, disinformation, copyright infringement, and job displacement.
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.
As AvidXchange phases out Ariett on November 1, 2025, businesses are actively seeking robust alternatives for their purchasing and accounts payable automation needs. The post Best Alternative to AvidXchange Ariett Before November 2025 first appeared on Compleat Software.
Thats where Xero accounting 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.
I’m taking a moment today to reflect on Xero’s progress towards our diversity, inclusion and belonging goals, and to think about what we can do to continue to evolve them. We’ve made strides in the past 12 months Last month, we announced Xero was included in the Bloomberg Gender-Equality Index for the fourth consecutive year.
Depending on how the inflation data unfolds, they may even need to wait until early 2025 for signs of lower rates in some countries. If you’re interested in finding out more about how small businesses are performing visit Xero Small Business Insights for more data and analysis.
At Xero, we take our responsibilities as a sustainable organisation seriously, and we’re committed to taking meaningful action on climate change. Building on ‘Net Zero @ Xero’. We’re proud to be on a carbon reduction journey, called ‘Net Zero @ Xero’. We’re proud to be on a carbon reduction journey, called ‘Net Zero @ Xero’.
As we prepare to move into 2025, here are some restaurant accounting and bookkeeping trends that can simplify your financial management and help grow your business. Automation has revolutionized accounting in recent years, and it will continue to do so in 2025. Download this whitepaper to understand restaurant accounting better.
If your business is a general partnership, you won’t need to follow MTD rules until April 2025. Why hospitality business owners should choose Xero for MTD-compatible software. Xero is home to a vast library of app integrations and features that make running your hospitality business easier, every day.
each year until it reaches 12% in 2025. Will I need to do anything in Xero? . The good news is that other than making sure all your employees’ super details are up to date, there’s nothing else you need to do in Xero. The first of these is now available as an opt-in limited release within Xero. .
And Forward to 2025! Schedule a call with me ( Liz Branch , COO) to learn how Accountingfly can help you explore your hiring options in 2025. The post Hiring Update: January 2025 | 2024 Recap + 2025 Outlook appeared first on Accountingfly. Thanks to all of you! Stay tuned!
The post Top Remote Accounting Candidates for Hire | January 30, 2025 appeared first on Accountingfly. Remote Work Experience: Y Salary: $65k – $75k Time Zone: Eastern Sign up for FREE to learn more about this candidate Get access to the complete list of top remote accounting candidates weekly! Sign up now to check out Top Candidates.
Responsible data use By 2025, individuals and companies around the world will produce an estimated 463 exabytes of data each day. For example, Apple has added buy-now, pay-later functionality into the iPhone, Amazon has offered lending to sellers, and Xero has added a ‘pay now’ button to invoices with Stripe and GoCardless.
The post Top Remote Accounting Candidates for Hire | January 9, 2025 appeared first on Accountingfly. Remote Work Experience: Y Salary: $75-$85k Time Zone: Eastern Sign up for FREE to learn more about this candidate SEASONAL TAX FREELANCE CANDIDATES Request a service agreement to view full freelancer details by scheduling a call.
This blog will cover the nine best Zoho Invoice alternatives in 2025. XeroXero delivers comprehensive online accounting with strong invoicing capabilities. Zoho Books is an India-based software that almost covers all the invoicing features, but there are people who are searching for alternatives.
Join us as Ben Richmond, Xero's newly appointed Managing Director for North America, shares key updates and the future direction of Xero's platform during the Product Update and Strategy Discussion meeting.
Therefore, this blog will explore the top 10 financial management tools for CFOs in 2025. XeroXero streamlines small business accounting. No doubt, the market is full of these software that can make your job easy. From tracking expenses to forecasting cash flow, everything is covered. Why Are Financial Tools Important?
2024-2025 Tax Freelancer Market UpdateWhats Available and How to Succeed Considering using freelance/contract help during busy season? Sharing our perspective on the latest hiring trends in accounting that impact talent acquisition – Tax Season; Hiring Hybrid and Remote; Salary Updates.
This blog will cover the nine best Zoho Invoice alternatives in 2025. XeroXero delivers comprehensive online accounting with strong invoicing capabilities. Zoho Books is an India-based software that almost covers all the invoicing features, but there are people who are searching for alternatives.
Therefore, this blog will explore the top 10 financial management tools for CFOs in 2025. XeroXero streamlines small business accounting. No doubt, the market is full of these software that can make your job easy. From tracking expenses to forecasting cash flow, everything is covered. Why Are Financial Tools Important?
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. Read on to find out how, and what you can win.
billion people worldwide will use digital wallets by 2025. We, at Nanonets, have pre-built Integrations with popular Accounting Software, such as Quickbooks, Xero, Sage, Netsuite, etc., Digital Wallet Boku, a FinTech company conducted a survey that showed that half the population of the world – 4.8
Integration Capabilities: Seamlessly integrate with third-party platforms such as Salesforce, Xero, MailChimp, and Slack. trillion by 2025. Multi-Attribute Billing: Streamlined tools for billing, collections, analytics, automated revenue recognition, A/R management, and detailed financial metrics.
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? Ready to explore?
In December 2022, Xero announced that from 2023, Xerocon will be held as a global event, rotating across different cities, providing more opportunities for its growing communities to connect. And in 2025, Xerocon will make its debut in Canada and then to Australia.
The US is now leading the way in regulating AI with its wide ranging and ambitious executive order on AI , building on the work of the European Parliament which in June 2023 passed the AI Act , which will come into effect in 2025. The post Four trends that will shape AI in 2024 and beyond appeared first on Xero Blog.
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