This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
And a good place to start is with finalising payroll. This EOFY in XeroPayroll will be slightly different than previous years. Because of the introduction of Single Touch Payroll (STP) Phase 2 reporting. Now that you’ve made the transition, you can prepare your payroll data for STP finalisation.
Preparing your payroll to make finalisation as easy as possible come July. 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. A good place to start?
What if I told you that migrating to XeroPayroll has just been made easier with the support of a new guide including many additional key tips from our amazing UK payroll team. . I’ve been working in the Xero Partner consulting team since October last year.
That’s why we have prepared some resources to guide you through a frictionless payroll year end, and be ready for the start of the 2023/24 tax year. We have also introduced a new checklist within XeroPayroll to streamline your tasks and make it easy as we approach year end.
From late November 2022, we’re introducing a new safety measure for automatic superannuation (auto super) payments within XeroPayroll. And given the importance of cybersecurity, it’s key that you implement this change in order to keep your Xero account secure. . Learn more about this in Xero Central.
This week, one of our most highly requested product updates will be going live in XeroPayroll: payroll history. You’ll now have an easy-to-access audit trail of changes made within Xero by a small business owner, advisor or app partner. What exactly is payroll history? When will payroll history be available? .
We’re really excited to share that in the weeks ahead, we’re rolling out new functionality in the Xero Me mobile app that will let employees record their start, end and unpaid break times. This new Xero Me feature is fast, easy to use and seamlessly connected with XeroPayroll. We’re renaming My Payroll to Xero Me.
If you’ve set up an off-payroll worker in UK Payroll, you might have noticed that it looks different from employee setup. We’ve moved the setup menu to the left hand side – similar to the off payroll workers’ setup. Time off — the feature in XeroPayroll is being renamed ‘Leave’ to align with the employee experience in Xero Me.
By now, you’ll be familiar with Single Touch Payroll Phase 2. With Xero’s deferral soon coming to an end, mandatory Phase 2 reporting is set to commence from 31 March 2023. This means that all XeroPayroll users must transition to the Phase 2 reporting standard. Why is Xero making so much noise about this?
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 Xero accounting app). The post Why we’re making changes to Xero search appeared first on Xero Blog.
Sukhinder Singh Cassidy, CEO of Xero, outlined her "Win On Purpose" strategy, which involves a focus on accounting, payments and payroll in the US, UK and Australian markets.
However, most of us will have completed an EOFY using Single Touch Payroll (STP) before, so wrapping up the 2021/22 financial year should be smooth sailing. . If you’re using Single Touch Payroll (STP), ensure all of your pay runs have been filed to the ATO successfully. Troubleshooting tips.
Itd be one thing if payroll year-end meant a single last pay run. Whether youre a seasoned payroll manager or doing it for the first time, payroll year-end can be tricky. What is HMRC payroll year-end? Payroll year-end is when a business finalises payroll records for the tax year. Timing is important.
For those working in payroll, that can only mean one thing: year end is approaching. There are four key changes in New Zealand payroll calculations for the new financial year: Adult minimum wage will increase to $22.70 If you’re using payday filing through Xero, you’ll also need to make sure these have been filed. percent to 1.53
As part of this, we made some changes to how payroll was included in our plans. 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. The flexibility is yours.
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. But did you know it’s also your home for proactively learning about Xero? If you’re new to Xero, welcome!
This February, we’re pumped to be hitting Australia’s major cities and regional towns for – you guessed it – Xero Roadshow 2023! The agenda is packed with hands-on content to point you in the right direction, from exploring the latest payroll features to unlocking insights faster with new reporting upgrades (and so much more).
It was an absolute privilege to speak at my very first Xero Singapore Roadshow last week – our first major in-person event in nearly three years. At Xero, we are committed to helping SMEs and their advisors grow and thrive. Find out more by joining our Education Month Webinar: Easy access to Finance with DBS Bank through Xero.
As we near the end of the year and begin to wind down for the summer break, it’s a good time to make sure you’ve got your payroll sorted. We get asked lots of payroll questions around this time of year so here are the answers to the most common ones. See more details on annual leave in advance and how it’s calculated in Xero.
So it’s no surprise that many entrepreneurs lean heavily on a trusted advisor for support, particularly around busy times like EOFY when tax, compliance, payroll and other business obligations come into play. For those on the Xero platform, collaborating with your accountant or bookkeeper is simple via the cloud.
And Xero will be right amongst the action! Benchmark your practice and uncover growth opportunities Xero recently launched its new State of the industry report, offering a unique snapshot of Australia’s advisory world. The Xero team will be on hand at Accountex to answer your questions and help you and your clients make the move.
Know where your business stands at a glance The Xero Accounting app helps you stay productive while away from the desk, by giving you the key financial information you need on the go. It means you spend less time chasing staff for information, and have the information you need to reimburse expenses and do accurate pay runs.
And for Australian employers, we know it is even more important because Australia has some of the most complex payroll compliance requirements in the world. As part of our new strategic partnership with Deputy, Deputy’s workforce management capability will be integrated into the Xero platform.
Xeropayroll is a great option for the Australian small business owner with employees. Xero even has a subscription level where you just pay for payroll and not the rest of the accounting functionality.
And this year is no different, with updates coming to payroll in FY23. . Starting from 1 July 2022, there are a number of government requirements that will impact how you manage payroll (including superannuation) for employees. So, what do these payroll changes mean for my business? . Will I need to do anything in Xero? .
Xero’s Platinum Partner status gives the Baker Tilly Canada network access to more resources, which benefits member firms and their clients across the country. The network recently started using Xero and has seen rapid traction across its SME client base, particularly in energy, medical professionals and agriculture portfolios. .
Last year, we announced that we had started upgrading the technology that underpins the Xero platform, so our teams can build new features faster than ever before. Today, we’re excited to share that we’ve hit a significant milestone on that project when it comes to reporting in Xero. Start unlocking more value from your reports.
The moment is here; the final step of Xero’s Single Touch Payroll Phase 2 roll out is now available to all customers. Once your payroll data is updated and you’ve marked each step as complete in the STP2 Portal, you’ll be able to enrol in Phase 2 reporting – step four of the transition. More information can be found here.
Empowering small businesses with the digital tools they need to thrive is an important part of our commitment at Xero, and it is in large part through our vibrant, ever expanding ecosystem that we continue to deliver an exceptional experience. Meet our ecosystem app partners and integrations at the Xero Singapore Roadshow.
We believe that growing the expertise in your business is crucial, so we’ve made it one of our four categories in the Xero Beautiful Business Fund : Upskilling for the future. Invoicing, paying bills, reconciling transactions, or running payroll are but a few that spring to mind.
Sempar Accountancy and Tax have been crowned the Xero Mid-size Firm of the Year at the 2023 Xero Awards for UK and Ireland. As a 100% Xero practice, Sempar is able to maximise the benefits of Xero’s software and other integrations for their clients. For those looking to enter the Xero Awards, “Just do it!”
Contacts: If you’re connected to GoCardless in Xero, you can now initiate a mandate for a customer by clicking the overflow menu on contacts. eInvoicing (AU & NZ): If you are registered to receive eInvoices , you can now opt into receiving your monthly Xero subscription bills via eInvoice in Xero.
Simplifying people processes with Xero and Planday. In fact, 37% of small businesses in Australia and 29% in New Zealand are worried their staff will be paid incorrectly due to confusing payroll obligations. We were excited to launch a new beta trial of XeroPayroll plus Planday at Xerocon.
While we were busy connecting with our partners, Xero teams around the world were enhancing the features on our platform. Make adjustments in the Xero Accounting app — Global. We’re now giving you two ways to make adjustments in the Xero Accounting app: bank fees and minor adjustments. New features.
The complexity of payroll obligations makes this even more of a burden. Integrate with XeroPayroll Planday on its own is a great tool for small businesses. But when combined with accounting and payroll software, it becomes a powerful solution. Planday is currently billed separately to XeroPayroll.
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.
And between rostering, payroll, recruitment, onboarding and the myriad of other ‘hats’ a small business owner wears, it can be incredibly stressful. I was also delighted to also showcase our suite of employee management tools in Xero, to help small business employers navigate these challenges. . trillion and employed 16.3 That’s huge!
To help you navigate these challenges, I was delighted to showcase our suite of employee management tools in Xero, and launch an Australian beta trial of XeroPayroll plus Planday. 37% of small businesses in Australia and 29% in New Zealand are worried their staff will be paid incorrectly due to confusing payroll obligations .
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). These are just some of the updates that have rolled out in Xero this month.
Payroll year-end can be a busy time for businesses as they navigate deadlines, submission dates, and HMRC rules. Learn the essentials of payroll end-of-year submission, including common challenges and ways to tackle them. What is HMRC payroll year end? Payroll year-end sees a business wrap up the tax year for payroll purposes.
Our leadership team — including new Chief Product Officer, Diya Jolly — shared the latest enhancements to our platform that will help accountants and bookkeepers grow their practice, help their clients succeed, and get the most out of Xero. At Xerocon, we announced that we’re conducting two experiments in Xero using generative AI.
This is where the Xero App Store comes into play. With an ecosystem of more than 1,000 connected apps you can plug into Xero, they can help manage everything from automated invoicing and reporting, through to cash flow forecasting and financial services. Beside our own XeroPayroll , there are plenty of industry specific apps.
We had a conversation with Kirsta and her Chief Operating Officer, Emma Barton, about how they introduced a new kind of fashion sustainability to customers, and took circular fashion to a new level with the help of Xero and connected apps. That’s where COO, Emma Barton, came in to help shift Mutual Muse to Xero.
Over the last two days we have come together with over 3,000 of our Aussie, Kiwi and Asia-based accounting and bookkeeping partners, app partners and Xeros to get inspired, to learn and most importantly to reunite as a community. Xero Small Business Insights and charging towards a stronger digital future.
We organize all of the trending information in your field so you don't have to. Join 52,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content