How can Xero help your business? What does Xero have to offer?

Xero has many features designed to save you time and keep you in control of your business’s finances, including:

  • Online invoicing
  • VAT returns
  • Expense tracking
  • Real-time financial insights
  • Multi-user collaboration

Online invoicing

You can simplify your invoicing process with time-saving tools:

Customised invoices

  • Send personalised invoices with your logo, payment terms, and messaging pre-sets.

Automated reminders

  • Send email reminders for overdue invoices, reducing late payments.

Real-time payment tracking

  • Know when invoices are sent, opened, or paid.

VAT Returns

Effortlessly file your VAT returns online:

MTD-compliant filing

  • Submit directly to HMRC securely and meet all MTD requirements.

Automated VAT calculations

  • Xero calculates VAT for you, no matter which rate or scheme your business uses.

Track and adjust transactions

  • View VAT transaction details and make adjustments to invoices or bills as needed.

Tracking expenses

Manage your business’s expenses anytime, anywhere:

Snap and record expenses on the go

  • Capture receipts using the Xero app, which automatically records key details.

Streamline reimbursements

  • Employees can submit claims easily, and you can review, approve, and pay them with minimal effort.

Real-time cash flow insights

  • Track expense claims instantly.

Real-time insights

Track your business’s performance with clear, customisable reports:

Up-to-date reporting

  • Access financial statements like balance sheets, and cash flow instantly.

Customise reports your way

  • Add, remove, and reorder data or include tracking categories to analyse key areas.

Compare and calculate

  • Use formulas to compare actuals to budgets and gain insights into performance.

Multi-user collaboration

Collaborate securely in real-time:

Invite multiple users

  • Share access with your team or accountant, while controlling their permissions.

Secure collaboration

  • Keep data safe with user-specific access levels.

Real-time updates

  • Work together on the latest financial data, ensuring everyone is on the same page.

Unlock the full potential of Xero with Nicklin!

 

As a Gold Partner, Nicklin will help your business:

  • Set up Xero tailored to your business needs.
  • Provide training to get you and your team started.
  • Offer ongoing support to max

Get in touch with our friendly team today to find out more!

Posted in Blog.