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The ‘Features’ section is quite tedious and you can cover this in your own time. But you can browse around a few apps (including payment gateways like PayPal and Stripe) that you can possibly connect with Xero.
FEATURES OF XERO ACCOUNTING SOFTWARE SOFTWARE
We’re not going to share too much about ‘Currencies’ and ‘Connected Apps’ in this accounting software tutorial for small businesses. This is where you can give access to your accountant as well. For example, under ‘Users’ you can add, modify, or remove users working in your organization. Navigating back to ‘Organization settings’, here we’ll explore other options in this accounting software tutorial for small businesses. But before you do that, we recommend reading the community guidelines and terms of use of Xero accounting software. Once you’re done filling in the details, agree to the terms and conditions and hit ‘Save’. Apart from that, you can choose what you want to include in your invoice such as ‘line of business’, ‘postal address, etc. Hence, you need to click ‘On’ under that option.īelow that, you need to fill out your basic information and contact details. The first option that you see is creating invoices within Xero and sending those automatically to your clients. Under ‘General’, select ‘Organization details’. For that, you need to click on your demo account or your regular account and then select ‘Settings’. We want to make sure that our business information is accurate. Now that you’ve got an idea of what Xero is all about, we’ll now explore and understand the business settings. They can access and monitor the account when they need to for financial reporting as well as general support.Īlso, it’s important to get your accountant’s recommendations before investing in this accounting software for small businesses.Ģ. What’s more, is you can connect your accountant with this easy-to-use software.
FEATURES OF XERO ACCOUNTING SOFTWARE HOW TO
Learning how to use Xero software will ultimately save you both time and money. Xero is a cloud-based accounting software for small businesses that allows you to manage your day-to-day transactions and operations such as invoicing, bank reconciliations, inventory, project management, and more. The demo account, however, allows you to play around with Xero and helps you understand all its extensive features and tools.īefore we dive into its features, we want to expand on the accounting software itself. With this account, you can also create a new organization. We’ve gone ahead and logged in to our Xero account using a demo company. Let us now begin with this Xero accounting software tutorial for small businesses: In this tutorial, you’ll learn how to use Xero – one of the best accounting software tools out there. It helps you streamline your accounting workflow which in turn frees up more time for you to focus on tasks you’re best at. Xero is the leading, user-friendly accounting software for small businesses.