Ruby Taxation and Accounting Services provides professional Business Advice and Taxation Services in Melbourne. Click the dropdown to see our array of services
What is Xero?
Xero has surpassed QuickBooks as the best accountant software in the industry. At Ruby Accountant we are focused on using the best tools to help our clients manage their businesses and finances, and our active use of Xero reflects this. Most of our clients have switched from QuickBooks and have integrated Xero into their business with our help.
Xero is an easy-to-use and cloud-based accounting solution specifically tailored towards entrepreneurs and small business owners to keep track of inventory, income, payroll, expenses, reconciliation of bank transactions on any device. Xero can help keep and manage your finances anywhere and at anytime.
Features of Xero include:
Payment and Invoices:
Xero can handle and automate Paypal, credit card and debit card payments and send online invoices to your clients, which helps you save time and gets you paid faster. The automated payment reminders are a feature that sets Xero apart. You can customize automated emails to customers and clients to get paid faster.
Bank Account Updates
The software imports all your credit card and bank transactions every day automatically. You can set up custom rules to your bank and credit card transactions to allow for simple and straightforward reconciliation of statements.
Keep count of the items you have in stock as you buy and sell. Run reports to find out how well different items are selling. See the best-selling and worst-selling items to make informed buying decisions. Add stock items into quotes, invoices and purchase orders to help automate your tracking of inventory.
Get an overview of unpaid bills, expenses, and purchase orders helping you to avoid late fees and build good relationships with suppliers. Save time on admin by scheduling upcoming payments and batch pay suppliers. Email bills and other documents to your files inbox in Xero for paperless record-keeping.
These are just some of the many features of Xero find them all here: https://www.xero.com/au/accounting-software/all-features/
Xero offers monthly subscription plans for its services. It has 3 levels of subscription available for business owners to purchase. The 3 plans are: Xero Starter, Xero Standard, Xero Premium 5
Why Ruby Accountant can help you with Xero Bookkeeping: