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What is Xero & How Can Restaurant Owners Benefit from It?

Xero is a cloud-based accounting system that offers an intuitive and simplistic platform. Being that Xero is completely cloud-based, financial data is readily available securely online.

Having your accounts online means they’re available anywhere you are. Information is easily retrieved through your computer or mobile app.

Available anywhere with desktop and mobile app

Another Xero benefit is that it saves you time. Monotonous procedures, such as bank reconciliation, invoicing, and categorising expenses, are easy when done on Xero.​

Time-saving functions

You can link your bank account, send invoices, and pay bills from Xero so you always have up-to-date information on your cash flow situation.

Accurate, real-time information

Xero cloud accounting software has easy-to-use, customisable dashboards so you only need to see what is relevant to your key metrics.​

User-friendly interface

Streamline your financial function and have a central location for your cash flow management and forecasts.​

Over 800+ integrations with other apps

With access to clear and accurate financial information, you'll be able to make better business decisions and plan more effectively for the future.

Make more informed financial decisions

Benefits of Xero accounting software

Get paid faster with Xero

Xero carried out a study on their clients and compared small businesses that used Xero cloud-based software to those that didn’t.

  • In the USA, small businesses were paid 25 days faster when using Xero software

  • Australia/New Zealand customers that used their payment platform got paid an average of 12 days faster compared to ones that didn’t

  • In the UK, Xero customers got paid an average of 15 days faster than non-Xero users.

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Xero?

What sets Xero Apart

Xero is a cloud-based accounting system designed for ease of use and accessibility. Because it operates entirely in the cloud, financial data is securely available anytime, anywhere. Xero goes beyond convenience by leveraging artificial intelligence to streamline bank reconciliations and efficiently process large volumes of data. Whether you're a first-time user with little to no accounting experience or a seasoned CPA, Xero’s intuitive platform simplifies key financial tasks, including invoicing, inventory management, bill payments, currency conversion, payroll processing, and more. 

With Xero as part of your technology stack, you can make informed business decisions and manage complex transactions seamlessly from a single, visually appealing platform. Here at Bookkeeper360, these are some of our favorite Xero features:

Expertly Managed - Invoicing

Ability to upload in bulk

If you use receipt tracking software already, it's likely to integrate with Xero. I you're working with spreadsheets, you can upload it directly into the software quickly and easily.

Email syncing via Xero software using HubDoc

You can sync Hubdoc up to your email address and it will automatically look for supplier invoices and upload to Xero.

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Xero Certified & Trusted Partner

Certified and Bronze partner of Xero, "accounting software helps you to stay on top of your bookkeeping" – Simplifying Finances, Automating Workflows, and Empowering Your Business for Success!

Xero Connectivity with Banking 

Banking Connectivity

Upload bank statements or link Xero directly to your bank account for real-time bank feeds and seamless transaction updates.

Swift Bank reconciliation

Easily match bank transactions to receipts and invoices in your Xero account with just one click.

Set your Bank Rules

Set bank rules to automate transactions, like assigning employee payments to wages automatically.

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