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Welcome to our monthly roundup of what’s new in Xero. With enhancements from the ability to send invoices via SMS to improvements in Xero Tax and sales tax reporting, we continue to make Xero even better. Read the blog post to find out more. These are just some of the updates that have rolled out in Xero this month.
We’re excited to announce that partnership tax has arrived in Xero Tax. By managing partnership tax in Xero, you can remove some of the stress around tax time for your practice and your clients. By managing partnership tax in Xero, you can remove some of the stress around tax time for your practice and your clients.
Introducing Xero Simple To support you and your clients with MTD for IT, were evolving our non-VAT Xero Cashbook plan into Xero Simple.* Xero Simple is a new plan that has been packed with new features to support you, and your sole trader and landlord clients, with the next wave of MTD for IT and digital transformation. .*
Over two-fifths (42%) of the smallest businesses currently dont use any finance or accounting tools, and just 27% believe they get their tech and software choices right. Although the digital transition might feel daunting, Xero is here to support you. The post Xero Simple is here for small businesses appeared first on XeroBlog.
We’re always focused on making your financial management simpler, more secure, and more powerful with Xero. This effort significantly improves how your business bank accounts connect with Xero. In the US, Plaid will power a substantial portion of the Xero bank feeds that businesses use over the next 12 months.
The requirements for small businesses and their accountants are due to be phased in over 2026 and 2027. What this means for accountantsAccountants can play a crucial role in supporting businesses as they comply with the new climate reporting requirements. You can find carbon footprinting apps in the Xero App Store.
Delivering powerful, integrated tools for our accounting and bookkeeping partners to help their small business clients is a key focus for us at Xero. This means less tedious work leading to faster review and finalisation of client accounts, tax returns, and financial statements. What does this mean for your practice?
We’re kicking off the new year with some exciting Xero updates designed to address some of the enhancements youve been asking for, and make things more automated to save you time. Xero automatically creates draft bills with key details, with the original document attached ready for approval.
We also heard your feedback, and so now you can automatically prepare partnership annual accounts and tax returns using Xero data and seamlessly file them with HMRC (read more in the previous edition of Whats New). You can access the option to include or exclude accounts with zero balance or activity feature via the More button.
Cloud-based accounting solutions like Xero offer seamless e-invoicing capabilities, ensuring compliance with new regulations. Train your yeam: Make sure your finance and accounting teams are familiar with the new e-invoicing requirements and how to use the necessary tools effectively. Ready to embrace e-invoicing?
When building a professional services business such as an accounting firm, creative agency, architecture firm or consultancy, there are four common challenges you’ll likely face: managing your ever-growing list of projects, tracking billable hours, getting paid on time and keeping a handle on your cash flow and revenue forecast. The result?
We’re excited to share some new apps in the Xero App Store : Caseware and Wagepoint. These apps bring key capabilities into the Xero platform, to simplify your year-end workflows, payroll and compliance. The post Using Caseware and Wagepoint to streamline your EOFY appeared first on XeroBlog.
US-based small business customers can now pay bills online, directly from Xero: no more logging in and out of multiple platforms or writing and sending checks. Im excited to share that you can now securely pay multiple bills at once and track payment statuses, without leaving the Xero platform. And, you only pay per transaction.
Created with and for small businesses, Know Your Numbers is about empowering Kiwi entrepreneurs whether a Xero customer or not with tools and support to help them achieve long-term success. Visit the Know Your Numbers content hub to start your financial literacy journey, and join the Xero For Good Ambassador Programme today.
There is a growing movement in the accounting industry towards new services and cloud-based tools, in large part due to the talent shortage crisis being felt across the US and Canada. So we’re launching Xero Mentor Match, a peer-to-peer mentoring initiative for Xero’s US and Canadian accounting and bookkeeping partners.
Get ready to experience the next level of financial clarity in Xero with data insights that help you better visualize your business performance. Introducing Analytics powered by Syft, Xero’s new product that makes insights more accessible to small businesses and their advisors. When will Syft be available in Xero?
We also know that more than 70% of US SMBs place a high importance on having their accounting and accounts payable software tightly integrated, but only a small minority actually have access to integrated accounting and accounts payable. Bringing together accounting and payments seamlessly into one platform.
” This stark observation from Haley Reyners, founder of My Two Cents Accounting Services , highlights a common challenge facing small businesses. ” Finding a flexible solution that can scale The integration of Paidnice with Xero provided the customisation and local support My Two Cents needed.
For more details on reporting categories, take a look at our guide in Xero Central. Check your employees’ records There are key compliance requirements within STP reporting that affect the way employees are set up in Xero. Alternatively, the payments can be made manually outside of Xero.
Double-check payroll reportings Review key reports like the P32, P11s, Gross to Net, and Account Transactions to ensure your posted pay runs are reconciled. If you run weekly payroll , you may have a week 53 this yeardon’t worry, Xero will handle this automatically. Xero Payroll will support this from April 2025.
The 2025 Xero US Roadshow is set to deliver a day packed with innovation, networking, and inspiration. Spotlighting Innovation: AI and Advisory Services The accounting industry isn’t what it used to be; it’s smarter, faster, and more efficient, thanks to AI and advisory services. Are You Ready to Lead in Accounting?
A year ago, we shared our vision to reimagine accounting using AI and mobile , recognizing the transformative potential for small businesses and the industry. Today, JAX is one of several AI-powered tools within Xero making life easier for you, and represents a fundamental shift in how technology can help your business thrive.
Getting your ecommerce accounting in order early can provide clearer cash flow visibility, enable more informed decisions, reduce errors, and ultimately help build a robust financial foundation on which you can grow. Why proactive accounting is crucial for ecommerce growth Imagine your online store is booming.
Were proud to offer: A powerful accounting platform: Our platform is easy to use and packed with features designed to simplify complex tasks and give you a clear view of your finances. What does it mean for accountants and bookkeepers? The post Introducing ‘Your business supercharged’ appeared first on XeroBlog.
Xeros latest research has found nearly three quarters of Australians are worried or anxious about tax time this year. The Xero Tax Confidence Index surveyed more than 1000 Australians – including small business owners – to gauge their confidence and knowledge levels around all things tax. For Australias 2.6
Powered by Stripe, this new feature empowers your customers to make payments instantly from their bank accounts straight from their online invoice. Pay by Bank is a real-time payment method in the UK that enables you to collect one-time payments from your customers’ bank accounts quickly and securely, and at an affordable cost.
. “Bulk Adjustments is a fantastic step in the right direction and will be a big time saver” – Josh Wilson, The Software Coach Adjusting your inventory items more efficiently has been a highly requested feature in Xero Product Ideas , and we’ve heard how important this is to you.
There’s a growing ecosystem of digital advisors, including accountants and bookkeepers, who support small businesses with finding the right technology for them. Xero is here to support you through these changes, with our HMRC-recognised software as well as helpful resources and human support when you need it.
Thats where Xeroaccounting and payroll software helps. Embrace payroll software for year-end tasks Xero cloud-based accounting software can streamline your payroll and make year-end reporting easier to tackle. HMRC-recognised, Xero simplifies your compliance with automated RTI submissions and easy adjustments.
The Xero Small Business Insights (XSBI) program is designed to help you understand these trends, navigate the current landscape, and make confident, informed decisions for your business. Work with your accountant in real time: Economic uncertainty is high, largely due to constant shifts in US trade policy. Want to know more?
Ellie Redfern , Enterprise Account Manager at Xero, recently spoke with Symon Barkway , a partner at the Xeinadin Sittingbourne office and the area managing partner of the North Kent region, on his journey with Xero and why he’s passionate about helping other accounting firms embrace change. Xero does everything well.
This year, we’re bringing back our highly anticipated masterclasses, networking breakfast events, alongside a powerhouse team of Xero experts, all dedicated to helping you build a more efficient and profitable practice. Join us at Accountex and discover how Xero can supercharge your practice. Secure your ticket now.
Earlier this year, we announced that Analytics powered by Syft, Xero’s new offering that integrates Syft’s small business features into Xero, was rolling out in early access to a select group of plans in the United States. “I’m super excited about the integration of [Analytics powered by] Syft with Xero.
The Top 15 Accounting Conferences to Attend in 2025 Staying ahead in the finance industry takes more than just crunching numbers. That’s where accounting conferences come in. This guide runs through some of the top accounting conferences in 2025, where industry leaders tackle must-know topics.
Integrations: Your invoicing tool should connect seamlessly with accounting, payment, and CRM systems to streamline operations. Detailed Reporting and Analytics You can easily access important revenue, expenditure, and accounts receivable information to run your business effectively. XeroXero is the next tool on the list.
If youre a small business owner, accountant or bookkeeper, you already know how crucial it is to stay ahead in a competitive and ever-changing digital environment. Many New Zealand SMEs have adopted the basics: websites, email, and basic accounting software. billion to our GDP in 2025 alone. Where are we falling behind?
Therefore, this blog will explore the top 10 financial management tools for CFOs in 2025. The platform manages both accounts receivable and payable. It offers custom reports and integrates with major accounting tools. It includes high-yield business accounts and automated workflows. Why Are Financial Tools Important?
For many companies, managing accounts receivable (AR) and accounts payable (AP) is a constant challenge, with delayed payments, manual errors, and lack of real-time visibility causing significant disruptions. This blog will highlight: Potential AR and AP management issues. 13 Best Accounts Receivable and Payable Software 1.
How to Simplify Account Migrations for Small Businesses in Singapore For small businesses in Singapore , migrating to a new accounting system is a crucial yet often daunting task. However, with the right a ccounting services and approach, account migrations can be streamlined, ensuring minimal disruptions and maximum accuracy.
Hubdoc and LedgerDocs are two cloud-based document management platforms that are designed to help bookkeepers and accountants manage their clients’ financial documents. Convert PDFs to CSVs: T urns bank statement PDFs into clean CSV files for easy import into any accounting platform, or your own analysis in Excel. What is Hubdoc?
If you are fed up with Excel spreadsheets or if you are facing issues with integrations, this blog will help you get acquainted with the top 10 best invoicing software in the USA. Invoice Notifications Send invoice notifications to one or multiple email addresses on subscriber accounts.
Challenge 4: Lack Of Integration Options Trying to sync invoicing data with your accounting software manually takes a lot of work. Solution Automated invoicing tools integrate seamlessly with accounting software like QuickBooks, Xero, and PayPal, so your financial data stays up-to-date with minimal effort.
The software selected must be well and good to integrate with software like: Project management software Payment gateways Accounting platforms ERP CRM This will help you improve the speed of your invoicing process and sync data from one tool to another easily. Integrates with Xero and QuickBooks for easy invoicing and payment reconciliation.
Integration Capabilities It should work seamlessly with your existing accounting or CRM software—no compatibility tantrums allowed! XeroXero is a powerful online accounting tool designed to simplify invoicing and accounting processes. Look for tools that allow you to customize logos, colors, and layouts.
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