Did you watch “What Next” with Nigel Latta & John Campbell last month?
According to their researchers, there will only be 19 accountants in New Zealand by 2037.
So if they are to be believed, how is this going to happen?
One of the reasons it is likely to happen is because accounting software companies are making it easier for business owners to manage their own accounts with online software.
Xero is one of these accounting packages making it easier. Xero calculates your GST returns for you, then links through to your MyIR account with IRD to file it directly there. No more spreadsheets or adding things up manually on your calculator.
The phone app allows the business owner to invoice their customers as soon as the job has been finished via their smart phone, tablet or iPad. No need to wait until you get back to the office to do the invoice – or forgetting to do the invoice when you get back to the office. Xero also has automatic invoice reminders so your customers will be reminded they haven’t paid you.
The reporting functions in Xero allows you to see in a second who owes you, who you owe, how much is in your bank account and it makes it easy for you to check out how you are progressing throughout the year. Profit & Loss report, Bank Reconciliation report and Payroll reports along with numerous other reports are available in the “Reports” section tab.
With Xero, running your own business has never been so easy or saved you so much time.
If you haven’t given Xero a look, you might like to have a look at www.xero.com for more info or a free trial. Or maybe you’re already giving Xero go. Either way, if you would like to learn more about how Xero works or like help to make sure you are getting the most out of your Xero subscription, the team at Ezebiz can give you hand.
At Ezebiz, we think Xero is fantastic software! It empowers small businesses to have a more hands on approach to running their business. We are the most experienced Xero firm in the Eastern Bay of Plenty and because we specialise in Xero, all of our staff are Xero certified advisors.
We can ensure that you are on a Xero subscription that suits your needs, that you are not paying more than you need to for your subscription and can set you up on a training plan to develop your skills so you can use the functionality of Xero to save you time and money in your business. Whether you are a beginner or an advanced Xero user, we have a training plan for you.