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Log in to Xero Accounting Software | Xero UK
Xero is an online accounting software designed for small businesses. Here are 13 steps to get you started using Xero to get a better handle on your finances.
If you have a limited company, ensure that you have a registration number and registered office address. This information needs to be displayed on any invoices you issue. Next, you can set up your invoices with terms of payment, contract, and logo.
Nailing down your terms of payment can help you to improve your cash flow. Having shorter payment terms can help you to get paid earlier. If you are switching from another accounting software, then you can import your chart of accounts into Xero, or modify the default chart of accounts.
If you have an accountant, you can seek their help with this decision. You can add, customise, or delete these accounts to match the needs of your business.
For more information on customising your chart of accounts, click here. The next step is to set up your bank account feeds, including credit card and PayPal accounts, if you have them. This video shows you how to do that:. Xero makes bank reconciliation easier than ever. Just a few minutes a week spent approving pre-matched items ensures your data is up to date. As Xero is connected to your bank, transactions are pulled through automatically.
You should reconcile weekly, if not daily, to ensure that your accounts are as accurate as possible. Regularly updated invoices give you a clearer picture of cash flow. With a clear picture of your cash comes the ability to make better business decisions and avoid falling behind on outstanding payments.
Watch this video to find out more about Xero bank reconciliation:. Xero Payroll can help you to monitor your staff costs. This function allows you to keep payroll costs in one place rather than having to pull in information from a separate system.
The payroll overview is a comprehensive guide to take you through each step of the setup. You also need to link to any active payment services to your Xero account. With a larger variety of payment options, it is easier for customers to pay you.
Getting paid quickly is crucial to any business. Setting up payment reminders and organising your credit control systems can help you to get paid faster. Only set up payment reminders when you get into the habit of reconciling receipts daily.
Chasing payment from customers that have already paid can tarnish your reputation. You can come back to this step once daily reconciliation is part of your routine. Add your accountant, bookkeeper, and other necessary stakeholders.
This video can show you the roles that can be assigned to your users:. You can find more information on users here:. Xero offers apps with a wide range of functionalities from cash flow forecasting , to document management, and many more.
The Xero app marketplace is the best way to explore your options. Finally, if you work with one, ask your accountant to check your set up. They may need to add year-end conversion balances and can ensure that your year-to-date figures are as expected.
Float is one of the highest-rated Xero apps available on the marketplace. It is an award-winning cash flow forecasting tool that creates accurate and visual reports for you, and your business. Float pulls through the bills and invoices from your accounting software, using them to populate your forecast on a rolling-basis. To learn more about how to use Float sign up for a free trial today. Have you signed up yet?
Try Float for free. Set up your organisation details If you have a limited company, ensure that you have a registration number and registered office address. Set up your chart of accounts If you are switching from another accounting software, then you can import your chart of accounts into Xero, or modify the default chart of accounts.
Set up your bank account feed The next step is to set up your bank account feeds, including credit card and PayPal accounts, if you have them. Free Download! The Ultimate Guide to Cash Flow Forecasting Get our top tips on how to forecast your cash to make better decisions for your business. Email Address. Phone number. Which accounting software do you use? Forecast your cash with accuracy and make business decisions with confidence.
Try Float for free today. Get cash flow tips straight to your inbox! Sign up.
Small Business Accounting Software | Xero UK.
More about the Xero dashboard. Collaborate with your accountant and team Give your staff access to the areas they need to do their job and invite your advisor to collaborate with you on your business in real-time. Find an accountant or bookkeeper in the Xero advisor directory. Get paid faster for better cash flow Easily create and send invoices, with online payments and invoice reminders for quicker payment.
More about online invoicing. Protect your business data Xero protects your data with multiple layers of security, including encryption, secure data centres and multi-factor authentication. More about data protection at Xero.
Help when you need it If you need help, our support team can provide advice. Get expert help on Xero Central. More about online accounting with Xero. Run your business on the go Use Xero anytime on any device and run your business wherever you are. Small business guides Find guides and articles to help you do better business and understand the world of accounting.
Start using Xero for free. Staff picks See all Staff picks. Time tracking. Scheduling, timesheet, tasking and communication.
Generate Xero invoices in one click from worked time! Cloud based with native iOS and Android apps. Accountant tools, Reporting. Payroll HR, Time tracking. Build employee schedules faster with factors like availability, wage costs, compliance and vacation in mind using Planday from Xero.
Accurately track time and keep control of costs using Planday, and sync your employee and payroll data using Xero Payroll.
Xero apps and add-ons Apps, add-ons, and integrations that are built and owned by Xero. Staff picks Consider these apps that have been hand-picked by the Xero team.
Payments See all Payments. Stripe makes it easy to accept payments from debit cards, credit cards, Apple Pay, and Google Pay for online invoices sent from Xero—so you can get paid faster. End late payments. Lower-cost alternative to card payments. Give customers more ways to pay with PayPal - and automatically view and reconcile transactions within Xero.
Payments, Point of sale. Square helps sellers of all sizes start, run, and grow their business. Take payments any way you want. Whether online or in-person, get paid quickly and securely with a variety of hardware and software to process credit cards, Apple Pay, and Android Pay, including touch-free options. Invoicing and jobs See all Invoicing and jobs. Accountant tools, Invoicing and jobs. Hospitality focussed invoice processing and book keeping software.
Invoicing and jobs, Time tracking. Manage leads and clients, create quotes, track time, send invoices and tap into rich financial data reporting and insights. Maximise your business profitability, team productivity and performance — all in one place.
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