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Accounting tips for all of you savvy business people
Understanding Xero’s Cash Graph & Cash
Cash flow is the lifeblood of any business, and having a clear understanding of your cash position is crucial for making informed financial decisions. Xero’s cash graph and cash reporting tools provide small business owners with valuable insights into their financial health. If you’re not already using these features, here’s why they’re worth exploring.
Bank transfers in Xero
We often see people treat transfers incorrectly in Xero, so we’ve done a wee how to video on how to do your bank transfers correctly.
Xero Analytics Plus
I’m a big fan of Xero Analytics Plus for supporting cashflow decisions and seeing if your business is on track for supporting you and your finances! It really does enable you to prosper through proactive accounting, which we are all about.
Prepayments & Overpayments in Xero
Had a client overpay you, or pay you a deposit and you don’t know how to treat it in Xero? Check out our video here on how to correctly reconcile these sorts of transactions!
Reimbursing your employees (or yourself!) and how to manage this in Xero
Check out how we recommend to reimburse you, or your team in Xero!
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