Xero accounting software is used widely in many industries for accounting purposes and currently has over a million subscribers worldwide. Xero is cloud-based, which allows more efficiency, but also helps users to be financially organised in their bookkeeping with a ton of accounting functions
The Xero platform helps businesses gain an advantage because the software founders understand how vital it is for a company to manage small businesses and keep them on the go. When a business is efficient, it flourishes.
Advantages of Xero Accounting for Tradies
Xero has many advantages, making it a simple yet effective software product to use, especially for small tradies businesses, and here’s why:
Built in currency convertor
Xero software is used globally because it has incorporated every single global currency as an automated feature – the software converts money according to the country it is being transferred to which makes easy to use for anyone in around the world and therefore makes your business more easily recognised. Xero facilitates positive financial development for new and existing businesses with features like this that will help them stay in place and grow.
Automatic bank feeds
There is now no need to manually enter bank statements manually. Simply key in the bank’s identification information and let Xero do the rest, allowing more efficiency in accounting and reducing the margin of error. Banks are hugely technologically advanced and this means they too are highly efficient. The Xero accounting platform has made it easier to action business entries so that your business can transact as fast as possible, in line with the banks.
It is practically effortless to use the Xero Platform. Xero is straightforward to use, even without having a lot of accounting knowledge, which is partly why it attracts so many users. The terms used by the software are simple, and there are different options on how to key in the files. The software also supports papers for simple trades. Even if the users possess a very small amount of financial or computer literacy, Xero makes it easy to understand and learn how things are done.
Xero is easily accessible from all internet connected devices, another reason why it is conducive to small business use. Whether you are working from home or in a remote area, Xero is comfortable to access. Xero software does not limit the user’s location so users can work from wherever they are, allowing files to be uploaded and viewed freely, with the assurance of securely stored data.
Free Balances View
Viewing your balances is completely free, zero charges.
Easy to use, cross compatible system
The Xero accounting system is specially designed to be user friendly and compatible with other software for smooth transitioning. The user-friendly interface is easy to adjust to, providing a smoother, more positive user experience -Xero software has put into consideration all its users’ needs and requirements. Features like payroll assimilation for example, give the software an added advantage and helping you to maintain an edge over your competitors.
Xero is just that, affordable. This means you have to spend less to enable the continued and growing success of your Trade business. Tradies’ accountants will see a huge benefit to using a Xero package that suits your business’ preferences. Let us help you return more of your hard-earned takings into the business by providing you with a complete system at a competitive price.
In a nutshell, Xero’s Accounting Software Platform has helped many tradies to remain competitive and efficient in their financial transactions. Many people have found it easy to embrace Xero and manage their businesses. The platform is set to take your local area, and the World, by storm by delivering easier accounting and bookkeeping.
Activate Your Xero Software
Are you in need of setting up an account with the Xero accounting software? The Leveon business coach and advisors aim to add on to your strengths and attend your tradies businesses’ needs.
Contact us today to get that boost to your business.