Xero

Xerohelps our clients keep their bookkeeping and accounting records clear, current and accessible. As cloud accounting software, Xero allows business owners to see their financial information from anywhere, rather than waiting until the year end to find out how the business has performed.

At williams lester accountants, we use Xero to help clients manage day-to-day bookkeeping, bank reconciliations, invoices, bills, expenses, VAT information and financial reporting. Xero describes its software as bringing small business accounting into one place, helping businesses manage cash flow, track expenses, accept payments online and get up-to-date financial data. (Xero)

For clients, the real benefit is visibility. Xero’s dashboard can help track bank balances, invoices, bills and other key information day by day, which means business owners can make decisions using live numbers rather than historic guesswork. (Xero)

We help clients set Xero up properly, connect bank feeds, structure the chart of accounts, review coding, reconcile transactions and use the information to understand profit, cash flow, tax liabilities and business performance. Where appropriate, Xero can also integrate with other apps, including tools for receipt capture, payments, stock, reporting and industry-specific workflows.

Good software is only useful when it is used properly. Our role is to make Xero practical, accurate and valuable for the client, turning it from a bookkeeping tool into a real management information system that supports compliance, better decisions and business growth.