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How can Xero training help a Melbourne business owner?

Monday, December 05, 2016 - by Max Business

The traditional hard drive or desktop computer is no longer the main hub of technology. There’s this thing called the cloud. In its simplest terms, the cloud can be described as a network of servers.

Cloud-based technology is based on the premise of anytime-anywhere access. The cloud is a solution offering businesses advantages across a range of business needs.

One such need is business bookkeeping.

Cloud-based bookkeeping and accounting offers a multitude of advantages, including:

  • Anytime-anywhere access
  • Programs are always up to date
  • Accessible by a number of people
  • Security
  • Affordability

Xero bookkeeping arms a business owner with the power to gain transparent and accurate insight into all facets of a business’s finance. To build confidence in cloud accounting software like Xero, though, requires a bit of help.

Maximum Business Solutions provides thorough Xero training for Melbourne small business owners or managers who want to take control of their finances. Find out what we cover in Xero training, available to Melbourne clients.

Xero training Melbourne

Setting up

First thing’s first: before getting into the details, we need to help set you up. Correct and accurate set-up – right from the get-go – positions your business optimally for all future Xero interactions.  

We can also provide you with an overview of Australian taxation laws and codes, as well as changing regulations.

We’ll walk you through the Xero dashboard, set up necessary users, help you add your employees, and add all your important financial details, like credit card numbers, bank accounts, and PayPal account. This is the part of the training where you’re simply getting to know Xero.


Day-to-day business finances

You and Xero know each other a little better now, and you’re confident that this could be the start of a beautiful friendship!

Subsequently, we delve slightly deeper into the wonderful capabilities of Xero’s software.

Below, we cover four of the most popular and common tools used by small business owners or small business bookkeepers.

Payroll

Ahh, ‘automation’. That’s a word we like to hear when it comes to accounting software.

Paying employees just got a whole lot simpler thanks to a completely cloud-based program! Employees can also easily manage their leave applications, timesheets, and payslips.

Bills

Never miss a bill payment again thanks to simple scheduling. Coordinate recurring bills, new bills, and purchase orders. Best of all, Xero is a complete secure system, offering a multi-layered security solution that includes data encryption.

Invoicing

Keep the cash flow moving with instant card payments. Go paper-less with Xero; quickly and easily create and send invoices to your customers.

Paper invoices become a thing of the past thanks to Xero’s cloud-based program.

Banking

Make banking and bank reconciliation easier when you connect your bank accounts to your Xero account. What was once a dull chore is now a simple task.


Reporting

What good is accounting and bookkeeping software without accurate and useful reporting, too?

Monitor cash flow, inputs and outputs, expenditure, outliers, and more with clear and valuable reporting. Gain great insight into your business’s spend.

Xero will also help you prepare monthly, quarterly, and yearly reports and budgets.

(If you’d rather outsource reporting, Max Business can prepare periodic reports for you. View our account management packages here or contact us today if you have any questions.)


Xero training Melbourne

Accounting software needn’t be daunting: Xero training from Melbourne’s Maximum Business Solutions arms you with the tools and knowledge to accurately and easily manage your business’s books.

Max Business is a verified Xero Silver Partner helping small and medium-sized business owners and bookkeepers – just like you! – take back control of your finances. Call us now to organise a consultation, or fill in this contact form and we’ll be in touch.