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Managing finances should be this easy

Book in a Xero Demo

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.

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.

Book your Free Demo with us

Intro to Xero

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.

Get Started with us

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.

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Our Xero and Business Blog Articles

STP Year end finalisation

Simplify Your EOFY with STP Finalisation and Xero Tips from Business Edge Advisors

The End of Financial Year (EOFY) can be a stressful time for businesses. However, with the right tools and guidance, you can navigate this period smoothly and efficiently. At Business Edge Advisors, we’ve created a comprehensive guide and video to help you through the EOFY process, particularly focusing on STP finalisation and using Xero. In this blog, we’ll summarise the key points from our video and provide additional insights from our EOFY payroll checklist. Key Steps for EOFY Compliance 1. Review Employee Information Ensure that all employee details are accurate and up-to-date. This includes personal information, tax file numbers, and bank details. 2. Reconcile Payroll Reconcile your payroll for the entire financial year. Check that all payments, superannuation contributions, and deductions have been correctly processed

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‘OnlyFans’ & Creatives Tax Risk Warning!

The explosion of OnlyFans, YouTubers, TikTokers and others all offer an opportunity for ‘content creators’ to profit from the audiences they generate. But now the Tax Office has given notice to the booming industry. Back in October 2022, OnlyFans CEO Ami Gan announced that the platform had reached a milestone – paying out $10 billion to content creators since its launch in 2016. While known for its adult content, the OnlyFans CEO intends to broaden the platform’s scope and provide a means for other content creators – chefs, personal trainers, etc – to utilise its subscription and reward model to generate income. While there are plenty of stories of content creators generating large incomes from the platform like Perth creator Lucy Banks who told Channel

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2023 budget review

2023 Budget Summary & Download

Ace in the Hole’ Budget 2023-24 The ‘ace in the hole’ of the 2023-24 Federal Budget was the $4.2bn surplus; the first in 15 years. The surplus was driven by a surge in the corporate and individual tax take. High commodity prices, inflation, and high employment have all pushed up corporate and individual tax receipts. But the gains can’t be relied on long term. The Budget is expected to deliver a deficit of $13.9 billion in 2023-24, and a $35.1bn deficit in 2024-25. Social initiatives dominated the Budget: Energy bill relief for some households and small business Encouraging doctors to offer bulk billing by tripling the incentive for children under 16, pensioners and other Commonwealth card holders Increases to commonwealth rent assistance Increases to JobSeeker

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TO EMPOWER PEOPLE TO BE ACCOUNTABLE AND ACHIEVE GREATNESS

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