What is Xero bookkeeping?
This is the 21st century where everything is now is ‘Smart’ from phones to laptops to tablets and of course, why should bookkeeping stay far behind. It’s time for you to bid farewell to those stack of paper trails that you used to keep your books. Why? Because you now can store it within the clouds
Those of you unfamiliar with the concept, Xero bookkeeping, and accounting services are experts that provide your businesses with facilities of bookkeeping, accounting payroll, etc. regardless of your business shape and size. Furthermore, they handle these services through the usage of a cloud software system.
Why is Xero bookkeeping a good idea?
Keeping a timely record of all business activities is vital for every business. Businesses are evolving, and so are the activities of a bookkeeper. A traditional bookkeeper cannot offer an array of services to their clients and overtime in house bookkeeping costs even more. Even though these traditional services are extremely essential for every business, it requires the services of experts and less costly. Outsourcing these activities to experts is often a good choice. Why? Because the services are catered to your specific needs and that you pay for only those particular services that you have hired a Xero bookkeeper for.
An example to have a much clear idea of why you should hire a Pitt Street Xero bookkeeper if you are residing in Australia; One of the jobs of a bookkeeper has is that of chasing payments of the invoice, in other words chasing debtors to pay you back the money they owe you. This is a highly stressful and time-consuming service. Outsourcing this particular activity or service by hiring a Xero bookkeeper would allow relieve you from the mess that retrieving the money from the debtor creates. Furthermore, they ensure that your processes align with Australian Industry Standards and as these are experts, they are well versed with the guideline of The Australian Competition and Consumer Commission (ACCC).
Rise of Xero software in Australia
A large number of bookkeepers are seen to go for the ‘cloud’ bookkeeping even though it was stated that this profession might become obsolete over the years. This accounting software has been welcomed by bookkeepers by open arms.
There are several cloud bookkeeping services being offered in Australia. Xero is also one of them. A New Zealand based company that has expanded its customer base drastically over the years in both Australia and New Zealand.
Xero provides an array of cloud-based services for their clients. Moreover, they also have an API that is published which allows them to raise the bar of their capacity as well as enhance internal processes for their respective customers.
All in all a synergy is created through cloud-based accounting software and the expertise of a bookkeeper; their energies complement each other as they are able to provide improved services to their clients.