Xero Accounting Software Advantages

Xero is an excellent piece of software. It’s an accounting system that’s part of a new breed of accounting systems that does things differently. The first thing that stands out to me is that it is a cloud-based system.

As a result, most accounting systems in the past (or until now) were hosted on a server or a PC. So, while the bookkeeper has access, no one else does, and you have no idea what’s going on in your company. Because Xero is cloud-based, the business owner, accountant, bookkeeper, and salespeople – whoever you want to give access to – can all see what’s going on. There is no such thing as a limit.

As a result, people can see what’s going on in their company, which is huge. That accessibility just makes accounting more accessible to everything else.

Integrating Xero with other systems is a breeze. Many accounting systems used to be stand-alone and wouldn’t integrate – they were very protective of their data – but Xero has found ways to integrate itself; it’s a very open system, so you can integrate it with your online banking, your e-commerce, your Point of Sale, and your stock management.

As a result, it’s part of a system suite that all work together smoothly. And that’s what everyone wants now: no manual data entry, uploading, or downloading. They want a single set of systems with a single point of entry for data – and good data coming out of it – and Xero fits right in.

It is inexpensive; on average, it costs €20 per month. It doesn’t require any training – similar to how the Android phone didn’t require an instruction manual when it first came out; people were able to pick it up intuitively, and Xero is the same.  So, there are a few things that set Xero apart, and if you’re a small business with a turnover of up to €10 million per year, Xero is a great choice. We believe it is far ahead of the competition and well worth investigating.

If you have any queries, or would like specific advice, then please do not hesitate to contact a member of our Accounting team.

call us on +353 (0)1 442 8230, 00353 851477625 or email moh@tasconsulting.ie