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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 excited to announce that partnership tax has arrived in Xero Tax. By managing partnership tax in Xero, you can remove some of the stress around tax time for your practice and your clients. By managing partnership tax in Xero, you can remove some of the stress around tax time for your practice and your clients.
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. .*
There is a growing movement in the accounting industry towards new services and cloud-based tools, in large part due to the talent shortage crisis being felt across the US and Canada. So we’re launching Xero Mentor Match, a peer-to-peer mentoring initiative for Xero’s US and Canadian accounting and bookkeeping partners.
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). You can access the option to include or exclude accounts with zero balance or activity feature via the More button.
The requirements for small businesses and their accountants are due to be phased in over 2026 and 2027. What this means for accountantsAccountants can play a crucial role in supporting businesses as they comply with the new climate reporting requirements. You can find carbon footprinting apps in the Xero App Store.
Ellie Redfern , Enterprise Account Manager at Xero, recently spoke with Symon Barkway , a partner at the Xeinadin Sittingbourne office and the area managing partner of the North Kent region, on his journey with Xero and why he’s passionate about helping other accounting firms embrace change. Xero does everything well.
US-based small business customers can now pay bills online, directly from Xero: no more logging in and out of multiple platforms or writing and sending checks. Im excited to share that you can now securely pay multiple bills at once and track payment statuses, without leaving the Xero platform. And, you only pay per transaction.
We’re excited to share some new apps in the Xero App Store : Caseware and Wagepoint. These apps bring key capabilities into the Xero platform, to simplify your year-end workflows, payroll and compliance. The post Using Caseware and Wagepoint to streamline your EOFY appeared first on Xero Blog.
You win, or you learn – that’s one of Tennick Accountants’ internal mottos, and one that encouraged the firm to put themselves in the running and enter the 2023 Xero Awards UK & Ireland. What we have done over the last 12 months, which ties back so much to the values of Xero, has been incredible.
Created with and for small businesses, Know Your Numbers is about empowering Kiwi entrepreneurs whether a Xero customer or not with tools and support to help them achieve long-term success. Visit the Know Your Numbers content hub to start your financial literacy journey, and join the Xero For Good Ambassador Programme today.
Cloud-based accounting solutions like Xero offer seamless e-invoicing capabilities, ensuring compliance with new regulations. Train your yeam: Make sure your finance and accounting teams are familiar with the new e-invoicing requirements and how to use the necessary tools effectively. Ready to embrace e-invoicing?
When building a professional services business such as an accounting firm, creative agency, architecture firm or consultancy, there are four common challenges you’ll likely face: managing your ever-growing list of projects, tracking billable hours, getting paid on time and keeping a handle on your cash flow and revenue forecast. The result?
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.
It was so exciting to demonstrate Just Ask Xero (JAX) live in front of an enthusiastic crowd of accountants and bookkeepers at Xerocon London today. You’ll be able to Just Ask Xero to complete tasks such as generating an invoice or editing a quote right from the apps and devices you commonly use. Watch this space!
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.
Double-check payroll reportings Review key reports like the P32, P11s, Gross to Net, and Account Transactions to ensure your posted pay runs are reconciled. If you run weekly payroll , you may have a week 53 this yeardon’t worry, Xero will handle this automatically. Xero Payroll will support this from April 2025.
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.
The application period for the Xero Beautiful Business Fund will be wrapping up a few short weeks! To help us select the winners of the 2023 Xero Beautiful Business Fund, we’ve lined up a stellar list of regional and global judges. The judges represent small businesses, accountants and bookkeepers and Xero’s global partners.
Back in July, we announced the launch of the first-ever Xero Awards in Canada. This initiative celebrates Xero’s valued accountants, bookkeepers, and app partners by putting them in the spotlight and recognizing their commitment to excellence and ongoing support of the small business sector.
If you have a Xero Premium plan and have added a foreign currency to your settings page, then you can jump in and give it a go. Check out our reporting playlist on YouTube , visit the tips and tricks panel in our most used reports, or reach out to the team at Xero Central if you need support.
This year, we’re bringing back our highly anticipated masterclasses, networking breakfast events, alongside a powerhouse team of Xero experts, all dedicated to helping you build a more efficient and profitable practice. Join us at Accountex and discover how Xero can supercharge your practice. Secure your ticket now.
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.
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?
Airwallex’s no-code integration with Xero means your teams can automate reconciliation and close the books faster each month. Close your books faster with automated accounting integrations Connect your Airwallex account to Xero so you can import approved bills from Xero directly into Airwallex for payment.
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.
” 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.
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.
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.
At Xero, our aim is to make life easier for accountants, bookkeepers and small businesses. And we understand that there’s a lot to get your head around, so we’ve shared three key facts about Xero that both new and experienced accounting and bookkeeping users may not have realised.
As a busy accountant or bookkeeper, we know you don’t always have time to go through each client’s books to proactively identify issues or opportunities. The dashboard will be available to all Xero partners globally, and rolled out over the next couple of weeks.
Over the next couple of weeks, we’ll be rolling out some changes to the search function in Xero. Here’s an overview of the changes you can expect to see soon in Xero (there are no changes to search in the Xeroaccounting app). The post Why we’re making changes to Xero search appeared first on Xero Blog.
From the local store that’s pivoted online and gone global to the accounting firm that’s embraced flexible working to attract talent, countless success stories have emerged since the pandemic’s arrival. This is why we couldn’t be more excited to invite you – the business community – to share yours in the FY23 Xero Australia Awards.
We know that when you have a question about Xero, you want a helpful answer quickly so that you can get back to work. . Xero Central is our one-stop-shop for getting the support you need. When you have a question about Xero, the first place to head to is Xero Central. Sending screenshots can be really helpful.
With just two weeks to go ’til Xero Singapore Roadshow, we are buzzing with all that we have in-store for our accounting and bookkeeping community. Opening the day, Managing Director of Xero Asia, Koren Wines will unveil some topline findings from our annual Singapore State of Accounting Industry Report.
This EOFY in Xero Payroll will be slightly different than previous years. Check your employees’ records As part of STP Phase 2, there are key compliance requirements that affect the way employees are set up in Xero. Learn more about updating your employees for STP Phase 2 in Xero Central.
With a week to go ’til Xero Asia Roadshow, we are buzzing with everything we have lined up for our accounting and bookkeeping community. This is what Xero Asia Roadshow 2023 is about – with our community front of mind, we’ll share how Xero can better support you and your small business clients.
Depending on what stage of the business growth journey you’re on, some Xero-connected solutions are more appropriate than others. Hubdoc and Dext Prepare are two powerful Xero pairings that each suit businesses at different stages. To bring it into Xero, you first need to capture it. It begins to slow down.
We launched the Xero Singapore Awards five years ago to recognise and celebrate the tremendous contribution our Xero partners make to the small business community and the accounting industry. A huge thank you to all our Xero partners who submitted their nominations for the Xero Singapore Awards 2023.
In today’s rapidly evolving accounting landscape, embracing cloud technology is no longer optional – it’s essential. That’s where Xero ambassadors like Scope Solutions come in, bridging the gap between cutting-edge technology and practical implementation. Xero alone integrates with over 1,100 connected apps.
We know it’s not enough to just create really #beautiful accounting software – we also need to teach you to use it. Spending time educating yourself on Xero can help you get time back once you’ve built up your confidence. . You probably know by now that when you have a question about Xero, Xero Central is your first stop.
One of your most important accounting jobs — bank reconciliation — relies heavily on getting accurate banking data into Xero. So if you’re looking to ramp up your efficiency this year, here are four ways you can easily get your banking data into Xero. And it’s a way to bring older bank transactions into Xero.
This February, we’re pumped to be hitting Australia’s major cities and regional towns for – you guessed it – Xero Roadshow 2023! Like last year, we’ve invited accountants and bookkeepers from across Australia to take the spotlight on stage. So what comes next – both for your own Xero journey and the industry as a whole?
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