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Why Use Xero For Your Small Business Accounting?

Is your manual accounting taking over? Losing time and energy over the management of your accounts shouldn’t be part of running a successful business. Xero’s online accounting platform has been specifically designed to cater for small business owners, alleviating the complications and pressures of invoicing, payroll,

1. Everything Is In One Place

Consolidating your small business accounting needs in one place isn’t just convenient, it’s also a guaranteed way to add extra safety and security to your financials. Xero is an all-in-one system, and what that means is you effectively manage and tidy your accounts and records through their innovative and user-friendly interface. Through Xero’s smooth financial migration system, all of your statements, bank reconciliations, tax returns, reports and Inland Revenue filings are secure in one place and accessible wherever you may be.


2. Fully Customisable To Suit Your Needs

Xero offers small businesses a complete solution in their world of add ons. From payroll services to the integration of other companies and their products, you can rest assured you are enlisting in a platform that will take control of your finances. Xero gives you the freedom of saving and sharing information through its duplication features, making transactions, communication and collaboration easy and straightforward, allowing an increase in the possibilities for your business.

Through Xero’s add ons, you can effectively control your point of sale, reconcile your banking daily and coordinate stock all through one interface, giving you more accessibility to your records. Xero facilitates and connects all of your accounting information in a customisable way that is best suited to your needs, allowing you to access the information necessary to evolve and grow your

3. Real Time Collaboration

Small business accounting with Xero allows you the flexibility to connect and collaborate with your accountant, employees and clients from anywhere in the world. With the power of the internet and the usability of Xero’s system, you can access information at the same time as your staff, ensuring your accounting is up to date and relevant. Xero enables you to comment and discuss business data from the security of a singular online source which gives employees a space to submit expenses, manage leave and send invoices instantaneously.
With this information being accessible in real-time, you create an open space to migrate and facilitate all of your small business particulars methodically. With one click you can create financial reports and budgets using real-time data, effectively linking costs to jobs and managing tasks on the go.

4. Seamless Invoicing

Xero recognises that each small business has different accounting requirements, which is why their customized invoicing and system is unparalleled small business accounting software. Xero’s customisable online invoicing system is designed to help you to get paid faster and allows you to communicate with your clients cohesively.
Managing your invoices and quotes is made easy through Xero’s dashboard, this online tool will allow you to see how much money is expected to be coming in, and who owes you the most. This gives you the ability to prioritise bills and organise the reconciliation of older accounts.
Another great feature of Xero is its ability to send invoices straight from the platform to your customer, it also gives them the option to download, print and pay straight away with the push of a button. Xero also allows you to add files by attaching them to your invoice, so sending across contracts and summaries of work becomes one simple transaction that is fully customisable depending on your client.


5. Mobile Friendly

Accessing all of your small businesses accounting data through your mobile is essential in this day and age. The great thing about using Xero for your accounting services is that it has a user-friendly app that is simple and easy to use – if you have ever used mobile banking, you can use Xero. Some of the things you can do while using the Xero mobile app are:

  • View your balances, profit and loss, outstanding invoices and bills to pay all on the dashboard.
  • Convert quotes into invoices at the tap of a button. 
  • Manage your invoices and bills by sending invoices via email or messaging app to get paid faster
  • Reconcile accounts and code transactions within seconds.

With regular updates to improve performance and security, Xero’s mobile-friendly software system will give you the freedom to manage your accounting from the comfort of your mobile device with peace of mind

We Are Here To Help

If you have any further questions about how Xero can assist you in the accounting of your small business. , give the team at Consol a call today, we offer comprehensive small business accounting services and are proud to be a Xero Platinum partner. You’ll wonder why you hadn’t made the change to Xero sooner!

If you couldn't find your answer, or are unsure about the information provided, please don't hesitate to contact one of our dedicated accountants at info@consolgroup.co.nz today!

Testimonials

"When I first found Consol accounting on Google I thought that they must be too good to be true. Then I talked to them on the phone and I was almost certain they were too good to be true. Luckily for us they weren’t. The customer service, price and ease of use make this company out of this world. I could not recommend them any more. They are utterly seamless to integrate and effective as can be. "

Curtis and Katie Hacon Director, FiTiki Limited

"I had put off finding an accountant for a while because of the cost and perceived hassle however after my first consult with Consol, I immediately wished I had connected with them sooner. Consol are responsive, affordable and easy to deal with. Being able to outsource this aspect of my business has allowed me to focus more energy on the parts of my work that I love. "

Dr Rebecca Herald Clinical Psychologist

"I have been most impressed with Consol accounting team since I made the switch last year. The ‘Switching over’ process was really simple, after the initial set up process I can track and log my company’s financial activity with ease and accuracy. By far the most efficient and helpful service I’ve had with accounting companies. Thank you"

Vivien Ye Aesthetic Nurse Specialist, Vivip Limited

"I started out in full-time private practice over a year ago and also registered as a limited company. I love doing my work and seeing my clients, but I soon discovered just how much time doing the financials could take up. In the first year, I worked on my own tax returns and company statements, but was unsure I had done them “right” and really wanted an accountant’s expertise and guidance. From my first phone call to Andrew Joo of Consol Accounting Limited, I could tell that this service would meet my needs. He has been quick to respond, patient with me, great at teaching lots and is a Xero master user. I find the system easy to use now, and feel encouraged to get the most out of my business and confident in knowing that I will meet my tax obligations. Compared to how long it took me to struggle at doing this on my own, there is clear value in getting the professionals to do my accounting."

Dr. T Melanie Lage, MNZCCP Clinical Psychologist, Lakes Psychology Limited

“I had been searching for an option for my accounting for my business I found Consol to be so easy to get started with the team being available at nearly every point in the day! Highly recommended all those that have busy lives and need to free up some time.”

Andre Stewart Tremains Real Estate, Bay of Plenty

"Consol are great to work with responsive when I have questions, quick to prepare any necessary document and always willing to help if there's anything I'm unsure of. Very happy to have found them."

Stefan Dyke Director, SLHE Consulting Limited

"I would genuinely recommend Consol for all your financial and accounting needs. I needed an accountant quickly to help me find my feet starting up a rapid business. I genuinely had hundreds of thoughts and questions and wanted to do things right first time ... it was all a bit daunting, exciting and a steep learning curve. Andrew Joo was so supportive as he instantly responded to all my needs and then coached me through a solution and helped me understand the minefields at first . It’s really easy now the business is booming and all my accounting is taken care of so I can enjoy the fruits of my labour. I still reach out occasionally and have the answer super quick.. thanks to Consol."

Karl Jones Director, Retail Resilience

"I had just started out in business and soon realised that someone was going to have to help me with my accounting and tax compliance functions. I was very conscious of the need to be vigilant about incurring any new costs, consequently I did a fair bit of research. I came up with the conclusion that I could get everything I wanted, under one roof, from Consol Accounting, at the most competitive rate I could find on the market. It was a win-win. After joining their team I discovered there were a lot of loose ends to sow-up before I could start functioning effectively, and focus solely on running the business side. Andrew, the Founder from Consol Accounting, was an absolute God-send. He was very personal and approachable, and made setting everything up from scratch so easy and so quickly. I’ve basically been running on auto-pilot each month ever since. Just as I had planned. Thanks for your service, guys, best decision I made."

Andre Illemann Like No Other Limited, trading as GoodMooty

"I operate 3 businesses. As a busy owner I needed reliable accountant. I have been using Andrew as my accountant almost for a year and this is my second accountant. I commited transition as one of my friends recommended him and now I thankful to him. Andrew and his team provide a prompt sound and reliable service that is always professional. Andrew is always on hand to answer my queries and it is very professional and prompt in replies even on weekends and publicholidays. He has wide range of knowledge and experience in service of accounting and taxation. He has been helping me out with tax deduction and meximisation of profit. I can highly recommend him to others as he is very motivated and trusted. I would like to make longtime relationship with him and his team."

Steve Kong Director, Katsubi Hamilton & Tauranga

"When I need to get help with my finances and taxation since starting my own business, Andrew at Consol Accounting has advised me on the right approach. Professional and a great experience overall, I strongly recommend Consol Accounting to everyone who needs to get support for taxation."

Michael Park Director, Renewcar East
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