There’s nothing like being called a Champion is there?
The cloud accounting software giants, Xero, say that their Champions are fast growing businesses who are highly trained in Xero – and we couldn’t agree more.
As the leading providers of Xero Training in Norfolk and East Anglia we deliver bespoke Xero training and fixes live in your Xero wherever possible. You get be spend time with Xero Experts, and ask whatever you want to about your accounts, and we get to solve your Xero system problems with you or find a solution plan.
If you are struggling with the on-line only help from Xero and need to speak to a human, give us a call on 01603 516304 to talk about our Xero Support Package and start resolving your system issues and stop worrying.
You can contact your Xero Champions on 01603 516304 to book a face to face meeting, or follow us on twitter @ShaperAccounts.
Here’s a few changes to Xero software that will bring a smile to your face.
They may look like small tweaks but any functionality that makes your life easier gets a thumbs up from us!
1. Sales invoice Preview
You can now see what you’re sending by clicking Preview on your invoice before you send it to your customer. Check out the button that looks like an eye. You can see how your branding theme will look, on both desktop and mobile views, and it something isn’t quite right – you can change it.
Why should you care? This is much faster than having to download a .pdf file to look at the customer invoice – so it saves you time.
You can also still send a link for your online invoice to your customer, to help you get paid faster.
2. Annual Compliance for Payroll – all ready
If you run, or we run, your monthly Payroll, this time of year is all about getting ready for the year-end processing required by HMRC. So it’s good to hear that the statutory rates for SSP, SMP, student loans, national insurance, PAYE tax rates and thresholds are up-to-date for the 2017 / 2018 financial year. All ready for that all important roll over to the new financial year.
Why should you care? It’s one less thing you have to worry about. All you have to do is get ready for the final submission and make sure tax codes uplift as expected and run your P60’s with peace of mind.
3. Statutory Maternity Pay and Statutory Sick Pay
At last, Yay!
Xero have added Statutory Maternity Pay (SMP) and Statutory Sick Pay (SSP) functionality that automatically calculates for you.
Why should you care? You no longer need to manually calculate the time-off pay, this saves you time and reduces your worries about checking that you have manually calculated the statutory pay correctly. Big relief all round!
Here’s our top tips on how to spend £55 plus VAT a month on software and apps to run your business, save you time & help you see your financials.
What do you get for that?
£20 – You get time saving efficiency on your bookkeeping by using the Receipt Bank app.
Receipt Bank currently charge about £20 a month to process 100 items. They base this on an average 3 monthly usage, so you can submit more, but you could pay more if your volumes increase or are higher than you estimate. The Receipt Bank app helps with your bookkeeping, by making the process faster, more automated and you get a scanned copy of the item sent to your accounts, making transactions trackable, meaning VAT queries are easier to deal with and the phone camera app means you can snap and go with those coffee receipts.
That’s about 9 large lattes a month.
£20 – You get standard Xero accounting software. Easy to use, dashboard up front, bank feeds and more. You get up to date accounts.
This is the full price and Xero run plenty of offers lower than this. You get automated bank feeds, sales and purchase billing, all the reports you need for analysis and you can add-on over 400 different software apps that suit your business, as and when you’re ready. So you get straight forward popular accounting software, top level of data security, you’re able to scale up when you need too and you’re ready to compete with all firms.
That’s about another 9 large lattes a month.
£15 – Gets you the simple cashflow forecasting software called Float. You get Control.
Float sucks your accounting data out of Xero and then you add in your forecast numbers. With this price band you get 3 planning scenarios, so you can look at what if? situations, like if you need new staff, or plan to invest in machinery. It’s live and up to date with your actual data and you get control of the cash and an ability to plan bigger or smaller dreams.
That’s another 7 large lattes, from the Coffee Shop on the high street, and no pastry to go.
2 of the business life changers above come with a free phone app to enhance functionality, and you can access anytime. All 3 have a help line, and lots of on-line tutorials, as well as free trials. This means anyone, any size can access this Xero Combo and run their business themselves, or with an accountant.
So, that’s our 3 top tips to save you time, get you on-line storage for your paper, give you real time live accounts that you can see on you mobile phone app, and gives you the power of cash flow forecasting and cash scenario planning.
Pretty good for the price? Or you could get a large latte every day instead. Tough one.
