Direct HMRC integration
Xero offers direct integration with HMRC, making tasks like filing VAT returns directly from the software and connecting to Making Tax Digital (MTD) more streamlined.
Xero HQ Ask
This feature allows your accountant to send you questions or requests for information directly through Xero.
You can respond within your Xero dashboard, making communication streamlined, ensuring that all financial information is kept within the system.
Automated bank feeds
Xero allows for automatic bank feeds, which means transactions from a bank account are imported directly into Xero daily. This saves time in data entry and ensures that financial records are always up to date.
Cash flow management
Xero provides tools that help manage cash flow effectively, including visual dashboards and detailed reports that forecast cash flow based on current data and trends.
This can help businesses make informed financial decisions.
Security and compliance
Security is taken seriously with multiple layers of data protection and regular updates to ensure compliance with financial regulations.
It uses advanced security measures such as two-factor authentication and encryption to protect sensitive financial data.
Want to find out more about the benefits of using Xero?