Bookkeeping Basics #7
Xero Bookkeeping & Xero Cashbook
Xero disrupted the accounting & bookkeeping software industry in 2006 as being one of the first completely browser-based software solutions; which is fantastic as long as you’ve got a great internet connection! Our Shoebox team love to practise Xero bookkeeping, but not all bookkeeping software might be right for your business – bookkeeping software comes with various pros and cons so it’s worth investigating before you set up your small business!
The aim of our bookkeeping basics blog is to answer your questions and assist you throughout your small business journey – this includes recommending bookkeeping software that suits your business. If you’re self-managing bookkeeping services through small business bookkeeping, here’s why we think Xero is great and how to use it to make life easier for both yourself, your bookkeeper and your accountant!
See below for a bookkeeping software comparison between Xero, MYOB bookkeeping and Quickbooks (this has been extracted from our latest Bookkeeping Basics Software Comparison Webinar)
As you can see, Xero comes with a range of benefits including an app for entire functionality (trumping its competitor MYOB bookkeeping), automatic reconciliation and the accessibility of being cloud-based. There are many benefits from a BAS agent point of view as well, for example, it offers unlimited users, an unrestricted API, and updates don’t need to be installed.
All of our bookkeepers are Xero Certified which means you are in the very best of hands when it comes to having your Xero bookkeeping and Xero cashbook managed by one of our trained and professional Shoebox Bookkeepers.
As a group we are commonly asked the question: what is bookkeeping? A bookkeeper organises your finances & documents in order to provide a snapshot into how your business is doing. Your bookkeeper will also prepare & lodge BAS, organise payroll, they can practise double entry bookkeeping and sort your superannuation; whatever your business might need. You are not just a number to us – your success is important! That’s why we offer training, bookkeeping, advisory and tax services; everything that you need to help your business run smoothly from day one. They say you need a good team around you to succeed. This is true, and Shoebox will be your team.
If you think your business might benefit from bookkeeping services; if you need a software health check, training or assistance setting up your books; if you’d like to make the switch over to Xero bookkeeping and/or Xero cashbook, please don’t hesitate to get in touch. We’ll tailor a package that sets you up correctly from day one.
- The Shoebox Team
"Empowering Business Owners to Realise their Business Dreams”