What do you do if your customer is also your supplier, and you don’t want to do needless bank transfers to them to pay for services, only to then receive the money back from them for your invoices? In Xero there is quite a clever way around this problem using the Suspense Account. First some.. read more →
Moving from Sage to Xero has been a steep learning curve. Like learning a language for the first time, you start off thinking of what you want to say in your native language, then translate to your new language before you can say anything. I was like this with Xero. I would think about and picture how I would achieve what I wanted in Sage, then find the Xero way of achieving the same end result. read more →
This is not the first time I have had to do a post warning about Phishing from a reputable company, and I am sure it won’t be the last. Xero Important information – password reset As Xero mentioned in their recent email they have seen an increase in phishing scams, including some that have impersonated.. read more →
A very common question on business forums is from new business owners and sole traders just starting out asking if they need a bookkeeping package, and if so which would be the best for them. The best advice I can give you if you are starting out on your own is keep good records. If.. read more →
This is the first of a series of posts on useful features in Xero Bookkeeping software. As I come from a history of using Sage 50, I will highlight in these posts the equivalent area of Sage which this relates to , in order to assist others who move from Sage to Xero. Tracking your Finances.. read more →
Alison at Silicon Bullet has been working hard learning all about a relative newcomer into the accounting market in the UK – Xero. Xero was founded in July 2006 in New Zealand by Rod Drury and Hamish Edwards as they wanted to revolutionise small business accounting. The beauty of Xero is that it connects small.. read more →
