accounting firm.
Small Businesses Are Getting More From Their Advisors With Online Accounting
By Lucy Whittington
Web-based software provides your business advisors with all the up-to-date financial information they need to help you and your business.
When times are tough it’s important to make sure you are getting maximum value out of all your business advisors, including your accountant. That means making sure they’ve got access to the financial information they need to perform. It’s possible to do this easily. If you move your accounts online.
Xero is a web-based system that’s making a big difference for the small businesses that use it. Instead of being installed on a single computer or an office network, it’s hosted online which means you and whomever else needs to can always get a clear, real time picture of the company’s financial position from any web browser.
As easy-to-use as a computer game but still powerful enough to prepare end of year financials, the web-based software makes it easy for accountants, business owners and other business experts to collaborate
and share financial information.
Compared to many other packages, Xero’s online system has won praise for being appealing to look at and easy to understand. Top-level management information is right there for anyone to see in easy-to-follow charts and graphs. If you want more information it’s easy to drill down and answer any queries independently. And of course the accountant has all the tools they need to do their job properly.
The benefits of being able to easily share real time financial information using Xero’s online system are helping SMEs get better input from their investors, their business mentors, and in particular their accountants.
Numerous practices are using Xero’s web-based system with small business clients, with excellent results. Not only does it make bookkeeping simpler and more efficient, but the accountants are much better placed to advise because they can easily check their clients’ real time financial position at all times.
Xero’s web-based accounting software is easy for business owners to use while still providing enough detail for accountants. By shifting to Xero’s web-based accounting system, businesses create a single set of up-to-date accounts and business information accessible from any web browser. To learn more about moving to Xero online accounting visit www.xero.com .