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Managing finances should be this easy

Explore features like invoicing, payroll, reporting and more.

Xero small business accounting software has all you need to manage your numbers effortlessly.

While we’re located in Albury, we love to visit clients on site as well.

Invoicing

Keep your cash flow healthy by sending online invoices with online payment options.

Inventory

Track inventory, manage stock and easily add items into invoices and orders.

Payroll

Pay staff, send payslips and run reports with simple small business payroll software.

Bank rec

Keep track of the money in and out with daily updates and simple bank reconciliation.

Five ways cloud software benefits your business

  1. You have a clear overview of your current financial position, in real time.
  2. Multi-user access makes it easy to collaborate online with your team and advisors.
  3. Worry-free maintenance means you can spend more time doing what you love.
  4. Everything is run online, so there’s nothing to install and everything is backed up automatically. Updates are free and instantly available.
  5. Upfront business costs are reduced – version upgrades, maintenance, system administration costs and server failures are no longer issues. Instead, they are managed by the cloud service provider.

Why the cloud and accounting software are the perfect match

You can use cloud-based software from any device with an internet connection. Online accounting means small business owners stay connected to their data and their accountants. The software can integrate with a whole ecosystem of add-ons. It’s scalable, cost-effective and easy to use. 

In the cloud, there’s no need to install and run applications over a desktop computer. 

Xero runs daily online backups of your business information. It’s encrypted and stored in several locations online so that it’s safe, secure and available when you need it.

 

Problems with traditional accounting software

  • The data in the system isn’t up to date and neither is the software.
  • It only works on one computer and data bounces from place to place. For example, on a USB drive. This is not secure or reliable.
  • Only one person has user access. Key people can’t access financial and customer details.
  • It’s costly and complicated to keep backups (if done at all).
  • It’s expensive, difficult and time consuming to upgrade the software.
  • Customer support is expensive and slow.

Features to run every part of your business

Dashboard

See how cash is tracking with a quick glance at your customisable Xero dashboard.

Security

Protect your precious business information with extra layers of security in Xero.

Pay Bills

Pay the bills on time, reduce office admin and improve your cash flow.

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Mobile App

Capture expenses, invoice and reconcile while you’re on the move.

Projects

Track the time and money you’re spending on jobs, and where you can be more profitable.

Xero Expenses

Easily record, claim, and manage expenses and receipts online.

Improve project budgeting and gain critical insights into your business.

Xero is beautiful accounting software that millions of people love using to run their small business.

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You control who sees what

No one has access to your organisation’s data unless you invite them into your account. You control what users can see and do in Xero from Albury Wodonga or anywhere in the world you might be.

Join the Revolution

As one of the leading cloud accouting systems, Xero has 1.386 million subscribers on the Xero platform, adding 351,000 in the last year. As your Local Albury Wodonga Accountants we can help you get started with Xero.

Our Xero and Business Blog Articles

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Work from home expenses under scrutiny & the perils of browsing Facebook

If you worked from home during lockdown and spent money on work related items that were not reimbursed by your business, you might be able to claim some of these expenses as a deduction – but not everything you purchase can be claimed. The ATO has stated that it is looking very closely at work related deductions that are being claimed. If you are claiming your expenses, there are three methods you can use: An 80 cents per hour short-cut method (you will need to have evidence of hours worked like a timesheet or diary) The 52 cents per hour method (which excludes phone, internet, or the decline in value of equipment which are all claimed separately), or The actual expenses method. The ATO has

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EOFY Changes You Need To Know!

Super guarantee rate increase to 10% On 1 July 2021, the Superannuation Guarantee (SG) rate will rise from 9.5% to 10% – the first rise since 2014. It will then steadily increase each year until it reaches 12% on 1 July 2025. The 0.5% increase does not mean that everyone gets an automatic pay increase, this will depend on your employment agreement. If your employment agreement states you are paid on a ‘total remuneration’ basis (base plus SG and any other allowances), then your take home pay might be reduced by 0.5%. That is, a greater percentage of your total remuneration will be directed to your superannuation fund. For those paid a rate plus superannuation, then your take home pay will remain the same, but

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Tradies can unlock new opportunities across the country

National licence recognition for tradies Builders, electricians, plumbers, architects, real estate agents, security guards and other workers who hold an occupational licence in their home state or territory and who want to do the same work in another state or territory will soon be automatically deemed to have the necessary licence. The Federal, State and Territory Governments have agreed to a mutual recognition regime that will be implemented by the Federal Government. Exposure draft legislation enabling the seamless mutual recognition scheme was released last month with the scheme expected to start from 1 July 2021. Workers will not need to pay additional licence fees or apply for additional licences. Workers working in another state or territory will need to comply with local laws and regulations

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