Bookkeeping & Payroll Services for Small Businesses

Using invoice templates in Xero You can personalise your invoices, quotes, customer credit notes, customer statements, and purchase orders display using templates in Xero. You can add multiple invoice templates to use in different situations, such as different payment terms or different logos. There’s no limit to the number of templates you can add and personlise.  You can Create/copy/edit/preview an invoice template Create an Invoice Template Click the organisation name, select Settings, then click Invoice settings Click New Branding Theme Enter a name to help identify the theme Adjust the options as needed to customise your invoice's appearance or to show additional fields. You can also enter your contact details and invoice or quote terms. Click Save. Copy an invoice template Click the organisation name, select Settings, then click Invoice settings. Find the template you want to copy, click Options, and then select ...

With the end of financial year fast approaching, you need to ensure that customer satisfaction is translating into a healthy and happy balance sheet. If you have or are looking to outsource your books management, you have 2 options. A bookkeeper or a BAS agent. Each option differs slightly and has its benefits. It depends on your needs. We will try to address how they are different and similar and how it will impact your business. Bookkeeper You’re likely to have used a bookkeeper for your business needs already. If you put someone else in charge of accounting, then that person would be considered an everyday bookkeeper who ensures financial trust by balancing books throughout each quarter and at year-end; they process transactions using software like Xero which is easy enough even without training! If your bookkeeper has been on top of the numbers, your accountant will have less work to do. BAS Agents A registered BAS agent is a professional with the ability to handle all book...

Working with your bookkeeper is the best way to learn about how you’re doing financially. It is essential that you work closely together throughout each quarter on an ongoing basis in order keep up-to date and understand any issues better than before! We have found that a lot of small business owners are master of their trade but have some difficulties in understanding the accounting jargon or in communicating with the bookkeeper to better understand the financial health. If you want to increase your accounting knowledge so you can have more informed, insightful discussions with your account this quarter? Start right now, with this list of 7 essential accounting terms for small business owners. 1. Balance Sheet: A balance sheet is a snapshot of your company's financial position at a specific point in time. It lists your assets (what you own) and your liabilities (what you owe). The difference between the two is your net worth. Balance sheets provide the basis for computing ra...

  Using Cloud Accounting software has made the biggest difference to my life and my business. In fact, I feel that it has changed me as I have more time to spend on area. Apart of great Accounting software, there are many applications that have made my life easier. Here are my top three products. Receipt Bank No more collecting receipts and no more losing receipts. Using a smartphone you simply take a photo of a receipt and all the critical invoice information is captured and automatically uploaded and transferred into Xero. Receipt Bank eliminates manual data entry and paperwork, meaning you have more time to spend in other areas of the business. All done is secured in the cloud, meaning you can download the information when you need it. And the small monthly cost to have the app is far cheaper than the time it takes to collect and enter receipt information into a system. Vistr Cashflow forecasting requires a lot of time and some expertise. With Vistr, all the complexity...