Xero Accounting - the Perfect Accountancy Solution for Small and Medium Sized Agencies and Creatives

Xero - a cloud-based accounting software platform

Designed specifically for small and medium-sized businesses, it provides a range of accounting features, including invoicing, accounts payable, accounts receivable, payroll, and bank reconciliation. Xero has become increasingly popular among businesses in and outside of London due to its user-friendly interface, real-time access to financial information and ability to integrate with other business software. 

It is also very popular with agencies and creatives who appreciate how easy it is to use and how it demystifies accounting.  

Xero - a great user experience

In fact, the biggest advantage of Xero is its user experience. The platform is designed to be easy to navigate and intuitive, even for people with little to no accounting experience. The dashboard provides a comprehensive overview of a business's financial health, including outstanding invoices, bills to pay, and bank account balances.

The platform also provides a range of reports that can be customised to provide the specific financial information the business needs.   

Real-time access

Another key benefit of Xero is its real-time access to financial information. Because the platform is cloud-based, businesses can access their financial data from anywhere with an internet connection. This allows businesses to monitor their financial health in real-time and make informed decisions based on up-to-date information. It also works with automatic bank feeds so that transactions are automatically imported into the platform, reducing the time and effort required for manual data entry. 

Xero integrations

Xero offers a range of integrations with other business software. This allows businesses to streamline their operations by integrating their accounting software with other systems such as their CRM. This helps to reduce the time and effort required to manage these systems separately and can also help to reduce errors and increase efficiency. 

Helpful business tools In terms of specific features

Xero provides a range of tools to help businesses manage their finances. Invoicing is one of the key features of the platform allowing businesses to easily create and send professional-looking invoices to their clients. The platform also provides accounts payable and accounts receivable features, which allow businesses to manage their bills and payments in one place. This can help to reduce the risk of missed payments or late fees. 

Xero payroll 

Xero also offers payroll functionality which allows businesses to manage their payroll process within the platform. This includes calculating and filing taxes, managing employee information, and generating payslips. The payroll feature can help to streamline the payroll process, reducing the time and effort required to manage payroll manually. 

Xero - mobile apps for iOS and Android

Finally, Xero provides a range of mobile apps for iOS and Android devices, allowing businesses to access their financial information on the go. The mobile apps provide many of the same features as the desktop platform, including invoicing, bank reconciliation, and reporting.

This can be particularly useful for businesses that are frequently on the move or have employees who work remotely. 

Powerful & Comprehensive Xero is a powerful accounting software platform that can help businesses to manage their finances more efficiently. Its ease of use, real-time access to financial information and integrations with other business software make it an attractive option for small and medium-sized businesses.

Whether you are looking to streamline your invoicing process, manage your payroll more efficiently, or simply gain a better understanding of your financial health, Xero provides a comprehensive set of tools to help you achieve your goals. 

Naylor Accountancy - supporting agencies and creatives Naylor Accountancy Services have been supporting agencies and creatives businesses, like yours, with Xero for many years.  We will set it up so it works for your business by providing the reports and information you need. We will automate it for you and ensure it works with your other systems. 

Finally, we’ll show you how to use it effectively so you can get the most from this powerful tool. Visit our Xero pages

Xero Accounting Software , Xero Accountants