Best Accounting Software for Business
Accounting Software For Business
As a company grows, the recording of transactions carried out is getting more and more complicated. Therefore, it is very important for companies to have financial statements.
Financial statements have several benefits for company management, namely:
-
Knowing the company's cash flow
-
Knowing business development
-
The company's financial condition can be monitored properly
-
As a comparison between plan and realization
Companies will find it easier to make financial reports by using accounting software. Because with this assistance, company's working time will be much more efficient so that the cut time can be diverted to other productive things.
Currently, there are 2 types of accounting software technology, namely cloud-based applications and on-premise software. One of the pioneers of cloud-based applications is Xero Accounting Software.
What is Xero Accounting Software?
Xero is cloud-based accounting software that can be accessed anytime, anywhere, on any device with the internet or online-based.
By using Xero Accounting Software, companies can monitor all types of transactions in just one application, such as automating the creation of invoices and financial reports, a complete picture of business finances, and simplifying year-end tax returns. You can also connect to your bank account so transactions are imported safely every day. In addition, companies can access the same current information at the same time even when you are in different places.
Recommendad Article.
Features in Xero Accounting Software
Paying Bills
You can track and pay bills on time in Xero Accounting Software and get a clear picture of your debts and cash flow.
Claim Fee
Simplify claims for employee costs. Know costs, file, approve and repay the claim, and view expenses.
Bank Connection
Connect your bank to Xero and transactions run securely directly to Xero every business day.
Accept Payment
Accept payments online and twice as fast by connecting to Stripe and other payment solutions.
Track Projects
Quote, invoice, and get paid for jobs, plus keep track of time, costs, and project profitability within Xero.
Pay Runs
Keep basic pay records online and do pay runs for a few employees using Xero, or else integrate a payroll app with Xero.
Bank Reconciliation
Keep your financials in Xero up to date. Categorize your bank transactions each day using our suggested matches.
Manage Contacts
Use Xero for contact management. See details of a customer’s or supplier’s sales, invoices, and payments in one place.
Capture Data
Get copies of original documents and key data into Xero automatically without manual data entry using Hubdoc.
Files
Use Xero as your online filing system. Manage and share documents, contracts, bills, and receipts safely from anywhere.
Reporting
Track your finances with accurate accounting reports. And collaborate with your advisor online in real-time.
Inventory
Keep track of what’s in stock with inventory software. Populate invoices and orders with items you buy and sell.
Send Invoices
Work smarter with intuitive invoicing software. Send invoices from your phone or desktop as soon as the job is done.
Multi-currency Accounting
Pay and get paid in over 160 currencies, with up-to-date exchange rates and instant currency conversions.
Purchase Orders
Create and send purchase orders online with purchase order software. Keep track of orders and deliveries at every step.
Quotes
Create professional online quotes using Xero software or the app. Send quotes instantly from your phone or desktop.
Sales Tax
Automatically calculate sales tax on transactions, and use reports to prepare sales tax returns.
Analytics Plus
See future cash flow, check financial health and track metrics. For extra features, upgrade to Analytics Plus.
Xero Subscription Fee
Xero accounting offers several pricing options according to the chosen plan, namely:
-
Starter ($20/month)
-
Standard ($30/month)
-
Xero Premium ($40/month).
With a choice of prices that can be chosen according to business needs, of course, Xero accounting software is perfect for small and medium businesses that need reliable financial reports.
Xero Accounting Software Services and Business Solutions at TGS AU Partners
As we know that Xero Accounting Software makes it easy for companies to manage financial information precisely and practically. TGS AU Partners is a provider of accounting and financial management services that also provides accounting solutions with Xero Accounting Software. In addition to getting easy access to financial information, you will be assisted directly by a team that has expertise and experience even in the accounting and tax fields so that you can simultaneously consult and get advice to help manage the company's financial performance.
The services we provide using Xero Accounting Software are as follows:
-
Migration and Setup. Migration of the data and setting up accounting & implementation of Xero.
-
Bookkeeping Service. We do your accounts using Xero, provide you financial statements for monthly and annual financial reporting.
-
Inventory management. We set up an inventory management system and implemented it with Xero.
-
Sales. You need an easy invoicing system, send to your customer on time, and follow up invoice payment easily. We help you to create a streamlined process and system, integrated with Xero.
-
Expenditures. We help you to perform the payment process by streamlining the receiving invoice from vendors to planning the schedule for payment.
-
Tax. We prepare the data for your tax reporting, including sales tax or withholding tax.
-
Financial Statements. We help you to get the right information about business performance, financial position, or cash flow. Any kind of information that you require, like organization level or functional level or location, or products business performance, you can have it.
Are you currently in need of a business solution that can help you access financial information in real-time and is assisted by a team of experienced and certified experts? Find the solution of Xero Accounting Services at TGS AU Partners and enjoy the convenience of running your business. For more information on the details of Xero Accounting solutions, please contact our team at 0812-1405-6672.
TGS AU Partners Accounting Team
Partner, Tax
Email: yuli.aldyanti@au-partners.com
Partner, Accounting
Email: venna.priscilla@au-partners.com
Recommendad Article.