Cloud Accounting – Xero

What is Xero

Xero is small business accounting software that runs in the cloud. This means all your financial data is stored online – so you can access it anywhere, anytime, from any device with an internet connection. The Xero accounting application was designed specifically for small businesses. It’s easy to use and will save you incredible amounts of time, transforming the way you run your business.

Benefits of cloud accounting

Cloud-based accounting systems like Xero run in real-time, which means your data is always up-to-date. There’s only one version of it, so you can connect from the office, at home or on-the-go – no more being tied to your desktop!

Xero features

All of Xero’s features have been created to make small business accounting easier. They include:

  • Bank reconciliation
  • Online invoicing
  • Mobile access
  • Financial reporting
  • Purchase orders
  • File attachments
  • World-class security
  • Unlimited users
  • Unlimited email support
  • Bill payments
  • Bank feeds
  • Invoicing
  • Expense claims
  • Financial reporting
  • Fixed asset depreciation

An example of how to use Xero in your business

When you issue your invoices, your trade debtor / trade receivables will be updated immediately.

If you are using the banks are compatible with Xero, you will even know when you get paid.

If you are not using the banks that are compatible, just send us the electronic bank statement at end of the month and we will update for you.

Xero Certified Advisor

As Xero Certified Advisor, we have have been assessed by Xero as proficient in the use of the Xero application. 

Pricing

If you have basic accounting knowledge and wish to DIY

Basic

S$50 Monthly
  • Send sales invoices and quotes
  • Enter bills, supplier invoices
  • Reconcile bank transactions

Basic - Multi Currency

S$70 Monthly
  • Send sales invoices and quotes
  • Enter bills, supplier invoices
  • Reconcile bank transactions
  • Handle multiple currencies

Pricing

If you wish to focus on managing your business and leaves the accounting details to us.

S$100 per 25 transactions

Standard

From S$200 Monthly
  • You send sales invoices and quotes​
  • We help you enter bills​, supplier invoices
  • We help you reconcile bank transactions​
  • Free storage of bills and supplier invoices sent to us electronically for 5 years
Popular

Standard - Multi Currency

From S$220 Monthly
  • You send sales invoices and quotes​
  • We help you enter bills​, supplier invoices
  • We help you reconcile bank transactions​
  • Free storage of bills and supplier invoices sent to us electronically for 5 years

We will assist you to set up the sales invoice template and chart of accounts. 

You will be given access to generate quotations and tax invoices and reports.

For your expenses & supplier invoices, you can:

1) Email a scan copy to a dedicated email for you

2) Take a photo with an app

We will do all the back end entry for you.

At end of every month, you need to give us a copy of the bank statements so we can update the bank accounts and transactions.