Xero

MARCH 19, 2024

If you’re running a small business that employs staff, you know the administrative ‘to-do’ list can be quite lengthy. Onboarding, managing timesheets, setting wages, processing payroll, preparing for end of financial year … it can all take up valuable time. Pay runs in particular need to be easy and efficient for you, as well as your accountant and bookkeeper.

Payroll 209

Payroll XERO Bookkeeping Accounting 209

Xero

MARCH 18, 2024

In Xero we’ve improved how you adjust your financial year-end settings. To see the latest changes check out this article – setting up your organisation’s financial settings. The start date for Basis Period Reform is fast approaching. From April 2024, your sole trader and partnership clients will need to follow a tax year basis for Income Tax as part of HMRC’s Basis Period Reform.

XERO 173

XERO Tax Bookkeeping Billing 173

Xero

MARCH 17, 2024

Recently, small businesses have had to navigate some pretty significant headwinds in the macroeconomic environment. Persistent inflation has led to rising interest rates, flowing through to slowing economic growth. The unemployment rate is still low, which is great news… except if you’re a small business looking for staff. Yes, these issues are all featured widely in the media.

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XERO Bookkeeping Accounting Accounting 163

Xero

MARCH 7, 2024

The UN theme for International Women’s Day (IWD) this year is ‘Invest in women: Accelerate progress’. The lack of investment in gender equality measures is seen to be a human rights issue by the UN, and a cornerstone for building inclusive societies. Climate change, geopolitical conflicts and the current economic system exacerbate inequality and disproportionately impact women.

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XERO 235

Xero

MARCH 7, 2024

For millions of practices, managing clients in cloud-based software has become part of the daily routine. But the array of different software and apps available can feel overwhelming. Because of this, not every practice uses their software to its full potential. In our latest webinar, we explored how you can integrate Xero Practice Manager with other apps to make your daily operations simple, secure, and fast.

XERO 222

XERO Invoicing Collections Billing 222

Xero

MARCH 4, 2024

The latest Xero Small Business Insights (XSBI) data shows just how challenging conditions became for small businesses, and their customers, towards the end of 2023. We’ve summarised the major trends and also have some tips for you on how to navigate the current headwinds. Despite improvements over the past year, inflation (or cost-of-living) pressures remained in late 2023.

XERO 193

XERO Budgeting 193

Xero

FEBRUARY 28, 2024

Paying bills and getting paid on time are critical requirements for small businesses to effectively manage cash flow. However, this is still a very manual process for small businesses. Our Money Matters report found many small businesses utilize multiple payment strategies to manage their cash flow. To tackle this problem, we have announced a new partnership with BILL , a leading financial operations platform for small and midsize businesses (SMBs), to bring bill pay capabilities to our US custo

Billing 161

Billing XERO Reconciling Financial Operations 161

Xero

FEBRUARY 28, 2024

We shared a number of product and tech updates at Xero’s Investor Day in Melbourne on how we are bringing new capabilities to help Xero customers run their operations and manage their finances more efficiently. However, with Generative AI (GenAI) being one of the more recent exciting and emerging technology developments, it was one of the big areas we wanted to share more detail around how we are approaching it and how we see it impacting accounting in the future.

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XERO Bank Reconciliation Customer Service Computation 248

Xero

FEBRUARY 26, 2024

Financial data lies at the heart of any small business operation. Managing it can be a juggle, but there are an array of tools you can use to stay on top of this crucial information and better manage your cash flow and compliance. Depending on what stage of the business growth journey you’re on, some Xero-connected solutions are more appropriate than others.

XERO 210

XERO Data Entry Billing Invoicing 210

Xero

FEBRUARY 1, 2024

Over the last 12 months, we’ve surveyed over 4,500 small business owners across the globe to find out how they’re managing cash flow amidst macroeconomic conditions such as high inflation and interest rates. The survey findings became a series of Money Matters reports that were released in Australia , Canada , New Zealand , Singapore , the United Kingdom and the United States.

XERO 266

XERO Billing Bookkeeping Invoicing 266

Xero

JANUARY 30, 2024

Australia’s current property market presents both challenges and opportunities, with changing tenancy rules and rental controls, and the impact of interest rates and cost of living pressures. It’s a complex outlook, but property investment is a marathon swim, not a quick body surf to shore. Property investment accounting, or landlord accounting, manages your property portfolio assisting with tax compliance and return on investment.

XERO 234

XERO Accounting Accounting Bank Reconciliation 234

Xero

JANUARY 29, 2024

We’ve had two versions of our invoicing feature for a while now — classic invoicing and new invoicing. The new version is built on the latest technology and features time-saving tools that make it easier to customise your invoices and simplify the way you get paid. Our teams have big plans to add even more value to the new version of invoicing in the future, including features that we know are important to you.

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XERO Invoicing Tax Auditing 279

Xero

JANUARY 23, 2024

Xero provided a Briefing to Incoming Ministers (BIM) (Hon Nicola Willis, Hon Judith Collins, Hon Melissa Lee, Hon Andrew Bayly, and Hon David Seymour) in late 2023 which was focused on the challenges our small businesses face and the crucial role the government can play in driving solutions. Small businesses play a fundamental role in supporting our local communities, fostering innovation and driving productivity.

XERO 172

XERO Financial Services 172

Xero

JANUARY 14, 2024

There is no shortage of hype surrounding artificial intelligence (AI). While the large language models that underpin these new generative AI tools have existed for a long time, AI as a technology has remained in the hands of engineers and scientists, peripheral to the public’s awareness. Over the past 12 months, however, we crossed an important threshold: for the first time in human history, anyone with a browser and keyboard could tap into its tremendous technological power.

Computation 211

Computation XERO Accounting Accounting 211

Xero

DECEMBER 17, 2023

We know the insights you get out of Xero are only as good as the data that goes in. That’s why we’re committed to improving both the number and quality of bank feeds across Canada and the US. It’s something we promised you we would focus on, and we’re excited to share that we’ve made some great progress. Today, we’ve announced a new partnership with Flinks , which will give you access to more than 20 high-quality bank feeds in Xero.

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XERO Data Entry Accounting Accounting 204

Xero

DECEMBER 17, 2023

Twice a year, our teams at Xero are invited to take part in a hackathon week. The challenge is simple: find a small, specific problem that our customers face, and come up with an innovative solution that can be built and released to customers in a short period of time. Participants are encouraged to think outside their comfort zone and area of expertise.

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XERO Bank Reconciliation Tax Invoicing 187

Xero

DECEMBER 13, 2023

In the early 2000s, accessing the internet was through a dial-up connection which could take anywhere from 30 seconds to a couple of minutes to establish a connection. In 2023, generative AI tools can generate poems, short stories and complex legal and medical documents in a matter of seconds. The pace of technological change is accelerating and it’s reshaping just about every aspect of how we live, work, socialise and play.

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XERO Computation Billing Financial Services 217

Xero

DECEMBER 10, 2023

In today’s accounting and bookkeeping practices, you can find yourself juggling client communications, compliance and acting increasingly in advisory roles – all while still managing your ever-growing daily management tasks. It’s understandable that you may often find yourself spending more time on the admin side of your practice than growing it. So how can you streamline time spent on admin, workflows and processes?

XERO 218

XERO Bookkeeping Data Entry Accounting 218

Xero

DECEMBER 1, 2023

Following the Autumn Statement, you might be curious about the specific measures that impact Making Tax Digital (MTD). Especially since digital transformation is already underway, with Making Tax Digital for Income Tax on the horizon. Here’s a guide outlining what the announcement means for your practice and clients. Phased mandation is still going ahead Making Tax Digital for Income Tax (MTD for ITSA) is still coming into place.

Tax 221

Tax Financial Records XERO Bookkeeping 221

Xero

NOVEMBER 27, 2023

Paying bills is a crucial part of the cash flow equation, and yet it’s usually a very manual process for small business owners. Getting bills into Xero, processing the payment and reconciling each transaction can take time away from important tasks, like growing revenue and managing costs. There is also no standardised way for businesses in the UK to pay bills in bulk.

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XERO Billing Bank Reconciliation Reconciling 238

Xero

NOVEMBER 26, 2023

In the 2023 budget announcement, Singapore’s Minister for Finance announced the GST rate will increase from 8% to 9% on 1 January 2024. This change will impact all Singapore businesses that file GST. Here’s what we’re doing to make it easy for you to manage this change in Xero. Update your default rate We’ll make the new 9% rate available in Xero by 5 December 2023.

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XERO Bank Reconciliation Billing Invoicing 194

Xero

NOVEMBER 5, 2023

It’s Global Bookkeeping Week, an annual tradition that recognises bookkeepers from all corners of the globe and a worthy cause for celebration at Xero. From 6-10 November 2023, this dedicated week will see tens of thousands of bookkeepers take a moment to reflect on their incredible contributions to the small business community. Bookkeeping remains a thriving global profession, presenting its practitioners with a unique blend of challenges and enriching experiences.

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Bookkeeping XERO Accounting Accounting 130

Xero

NOVEMBER 5, 2023

Xero has the pleasure of welcoming seven new members to its new Xero Partner Advisory Council (XPAC). The XPAC has been reintroduced into Aotearoa and is made up of a diverse panel of accountants and bookkeepers who are both thought leaders and trailblazers for the needs of the sector. The latest members are as follows: Trudi Ballantyne – Director, Stem Rural Accountants Limited Louise Holmes – Director, Red Office Limited Manoli Aerakis – Managing Director, Malloch McClean T

XERO 130

XERO Bookkeeping Accounting Accounting 130

Xero

NOVEMBER 6, 2023

Wow – what an amazing response we’ve had to the Xero Beautiful Business Fund! There are truly some incredible small businesses out there in the world, and some wonderful accountants and bookkeepers who support them. Thank you to everyone that has applied, and for helping get the word out and encouraging small businesses to get involved. We’re pleased to announce the winners of our partner referral competition below: Visa card winners (drawn from those who had 1 – 9 referrals) Entrant

XERO 130

XERO Bookkeeping Accounting Accounting 130

Xero

NOVEMBER 7, 2023

Today we announced Xero’s half year financial and operating results to 30 September 2023 (H1 FY24). The results highlight our continued strong revenue growth, which contributed to Xero’s emerging profitability. The strong operating results saw operating revenue up 21% (20% in constant currency (CC)) to $799.5 million. This, along with disciplined cost management and restructuring outcomes, supported a 90% increase in EBITDA compared to H1 FY23, to $206.1 million.

XERO 130

XERO 130

Xero

NOVEMBER 9, 2023

With a week to go ’til Xero Asia Roadshow, we are buzzing with everything we have lined up for our accounting and bookkeeping community. Exploring the agenda This year we’re exploring how we can work Smarter, Faster, Stronger, Together to support small businesses across Asia; your clients, who themselves strive to do this every day, and depend on their accountants and bookkeepers to help get them there.

XERO 130

XERO Bookkeeping Accounting Accounting 130

Xero

NOVEMBER 13, 2023

We’re very excited to reveal the global and regional winners of the inaugural Xero Beautiful Business Fund – each of whom will receive a share of the NZ$750,000 global prize pool. After receiving a massive 5,500+ applications across four categories and seven countries, our regional and global judging panels have selected a total of 28 winners.

XERO 130

XERO 130

Xero

NOVEMBER 13, 2023

Many governments around the world are introducing eInvoicing as a way to drive digitisation of the small business economy, with some regions even mandating its use. While it’s still early days in the UK, we expect that eInvoicing will eventually become a global best practice standard and a natural part of the cloud accounting process. Today, we’re excited to share that we are the first major small business accounting software company to launch eInvoicing in the UK.

XERO 130

XERO Billing Invoicing Accounting Software 130

Xero

NOVEMBER 14, 2023

We recently launched a new initiative, the Xero Beautiful Business Fund , providing more than R8,000,000 in funding globally to our small business customers in South Africa, Australia, New Zealand, Singapore, the UK, Canada and the US. We received a huge number of applications from a diverse range of Xero customers, all doing amazing things. There were 28 winners overall, including four South African winners who were recognised for best demonstrating, in a 90 second video, how they would use the

XERO 130

XERO 130

Xero

NOVEMBER 14, 2023

We’re excited to announce that we’ve launched a new tax manager feature in Xero HQ that will give you a real-time view of your tax obligations for company tax, company accounts, personal tax and VAT — all in one place. This means that as an accountant or bookkeeper in the UK, you won’t have to use three different dashboards to get the information you need.

XERO 193

XERO Tax Bookkeeping Invoicing 193

Xero

NOVEMBER 14, 2023

We recently launched a new initiative, the Xero Beautiful Business Fund , providing more than R8,000,000 in funding globally to our small business customers in South Africa, Australia, New Zealand, Singapore, the UK, Canada and the US. We received a huge number of applications from a diverse range of Xero customers, all doing amazing things. There were 28 winners overall, including four South African winners who were recognised for best demonstrating, in a 90 second video, how they would use the

XERO 189

XERO 189

Xero

NOVEMBER 14, 2023

We’re excited to announce that we’ve launched a new tax manager feature in Xero HQ that will give you a real-time view of your tax obligations for company tax, company accounts, personal tax and VAT — all in one place. This means that as an accountant or bookkeeper in the UK, you won’t have to use three different dashboards to get the information you need.

XERO 176

XERO Tax Bookkeeping Invoicing 176

Xero

NOVEMBER 14, 2023

We’re very excited to reveal the global and regional winners of the inaugural Xero Beautiful Business Fund – each of whom will receive a share of the NZ$750,000 global prize pool. After receiving a massive 5,500+ applications across four categories and seven countries, our regional and global judging panels have selected a total of 28 winners.

XERO 246

XERO 246

Xero

NOVEMBER 9, 2023

With a week to go ’til Xero Asia Roadshow, we are buzzing with everything we have lined up for our accounting and bookkeeping community. Exploring the agenda This year we’re exploring how we can work Smarter, Faster, Stronger, Together to support small businesses across Asia; your clients, who themselves strive to do this every day, and depend on their accountants and bookkeepers to help get them there.

XERO 207

XERO Bookkeeping Accounting Accounting 207

Xero

NOVEMBER 8, 2023

Today we announced Xero’s half year financial and operating results to 30 September 2023 (H1 FY24). The results highlight our continued strong revenue growth, which contributed to Xero’s emerging profitability. The strong operating results saw operating revenue up 21% (20% in constant currency (CC)) to $799.5 million. This, along with disciplined cost management and restructuring outcomes, supported a 90% increase in EBITDA compared to H1 FY23, to $206.1 million.

XERO 200

XERO 200

Xero

NOVEMBER 6, 2023

Wow – what an amazing response we’ve had to the Xero Beautiful Business Fund! There are truly some incredible small businesses out there in the world, and some wonderful accountants and bookkeepers who support them. Thank you to everyone that has applied, and for helping get the word out and encouraging small businesses to get involved. We’re pleased to announce the winners of our partner referral competition below: Visa card winners (drawn from those who had 1 – 9 referrals) Entrant

XERO 232

XERO Bookkeeping Accounting Accounting 232

Xero

NOVEMBER 6, 2023

Xero has the pleasure of welcoming seven new members to its new Xero Partner Advisory Council (XPAC). The XPAC has been reintroduced into Aotearoa and is made up of a diverse panel of accountants and bookkeepers who are both thought leaders and trailblazers for the needs of the sector. The latest members are as follows: Trudi Ballantyne – Director, Stem Rural Accountants Limited Louise Holmes – Director, Red Office Limited Manoli Aerakis – Managing Director, Malloch McClean T

XERO 246

XERO Bookkeeping Accounting Accounting 246