How to use Xero efficiently for your business

Are you interested in learning how to make the most of using your Xero file?

Would you like keep your Xero reconciliations up-to-date?

Below are some helpful tips to assist you with getting the most out of your Xero file:

• Reconcile your bank accounts regularly

• Ensure all sales invoices (Accounts Receivable) are kept up to date: Follow up outstanding invoices, send automatic invoice reminders and statements to your customers by leveraging the automatic reminders functionality within Xero.

• Ensure all purchase invoices (Accounts Payables) are kept up to date: Ensure you pay your suppliers within the invoice due dates, check invoices that are awaiting payment and set aside time each week to input and pay supplier invoices.

• Ensure you file all pay runs for Single Touch Reporting each time you process a pay run.

If you are wanting to get timely and meaningful information to run your business and need assistance with maintaining and reconciling your Xero file, please get in touch with us to see how we can assist.

We help many businesses stay on top of their reconciliations, sales invoicing, purchase invoices, payroll, BAS reporting requirements and discuss the business performance on how the business is tracking throughout the year. Helping business owners make timely decisions to steer their business in the right direction to grow their business.