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What is XERO?

Xero is a cloud based accountancy software solution (based on the internet) that is easy to use and allows access from anywhere at anytime; you can even get a Xero app for your smartphone. In other words, shared resources, software and information are provided to multiple computers and other devices on-demand.

Xero is designed to grow with your business and copes with everything from a one man band through to a multi-site, multi-currency business. As Xero is cloud based it allows you, our clients, to get a better understanding of how your business is performing whether you are in the office or on the move.

But, please be careful when driving.

We recommend that all ABDS Accounting clients use Xero to maintain their records and to raise invoices for the services they provide.

Real time financial information is no longer a dream. We at ABDS can see the huge potential towards real-time accounting. In other words, we can see what is going on in the clients’ accounts without the need for old fashioned, time consuming, and potentially hazardous passing over of document back-ups.

You, the client, could ring at any time and we could give support and help – we could even give pro-active advice by dipping into your accounts because we have instant access.

Therefore, we are now offering a proactive Xero accounts package to all new and existing clients.

At ABDS, we noticed that business owners want someone who cares about them and just want someone to take away all of the boring compliance stuff

At ABDS we use your baseline accounting figures as a platform to save tax, identify potential risks and opportunities, and help to inspire growth in your organisation.

Xero is the perfect cloud accounting solution. Whether your business is new or an existing one, Xero’s easy to use software allows you to stay in control, and allows our team to give you the support you need to make your business a success. ABDS has a dedicated team of accountants who are Xero certified and specialise in helping businesses just like yours.

  • Cloud based - so you can access your system whenever, wherever you need
  • Invoicing – Create and send invoices, then get paid online. See updates and outstanding balances at the click of a button
  • Automatic Bank Feeds – Import your bank statements directly into the system. which means you don't have to spend time entering all of those banking transactions
  • Bank Reconciliation – Match payments against invoices and automatically code regular transactions
  • Real-time cash flow - simply log in to access up to date figures
  • VAT Returns – Xero will complete your returns which you can file directly through the system
  • Budgets and Reporting – A wide variety of reports to see how your business is performing at any time
  • Multi-currency – Invoice in multiple currencies with live exchange rates
  • Regular Updates - Unlike traditional static accounting software, this software will automatically update so there is no need to buy upgrade software at any point and therefore there are no additional costs.
  • Access from Anywhere - You can access Xero from anywhere via the internet, there is even a smart phone app available for it. This allows you to literarily raise an invoice from anywhere.

Using Xero helps you to keep on top of your financial affairs in an effective interactive way that saves both time and money. We provide assistance with set-up, conversion and training as well as giving as much or as little ongoing support as you need. As chartered accountants we also provide excellent tax planning advice and assistance as part of our comprehensive service.

At ABDS, we give you the Virtual Finance Office (VFO)

With the use of modern cloud accounting software such as Xero, business owners remain in touch with their accounting records whilst our team of outsourcing specialists deal with day to day matters providing bespoke management reports plus ensuring compliance with tax legislation and deadlines are met.

The online accounting software plays a big part in being able to offer a service to our clients which allows them to get up to date, timely information about their businesses to allow them to make decisions and take their business forward.

As your trusted advisor we can access your accounts and collaborate with you online in real time.

Alongside core accounting and tax services we at ABDS also have a network of third party suppliers or additional services which can help businesses in areas such as business finance, employment law, financial planning and debt recovery.

Our team will take the weight off your shoulders so you can focus on other more important tasks.

Contact us today for a free initial meeting.

See also