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  • Writer's pictureVJR Business Support

What is Xero and why should limited companies use it?

Computer desktop showing Xero logo.

Xero is a cloud-based accounting software that helps small businesses manage their finances. It's easy to use, even if you don't have any accounting experience.

Xero can help you with a variety of tasks, including:

  • Invoicing

  • Expense tracking

  • Payroll

  • Bank reconciliation

  • Financial reporting

Not only is it straightforward and easy to use, it is also budget friendly.

Here are some of the benefits of using Xero for limited companies:

  • Save time and money. Xero can automate many of the time-consuming tasks involved in accounting, such as reconciling bank transactions and sending invoices. This can free up your time to focus on running your business.

  • Comply with tax regulations. Xero makes it easy to comply with tax regulations, such as VAT and Corporation Tax. It also helps you to generate the financial reports that you need to submit to Companies House and HMRC.

  • Make better financial decisions. Xero gives you real-time insights into your financial performance. This information can help you to make better decisions about your business, such as how to allocate your resources and where to grow.

  • Grow your business. Xero can help you grow your business by making it easy to manage your finances and track your progress. It also integrates with a variety of other business applications, such as CRM and e-commerce platforms.

Overall, Xero is a powerful and versatile accounting software that can help limited companies of all sizes save time, and money, and make better financial decisions.

This is why as Bookkeepers we are Xero Accounting Partners.

If you're interested in learning how to use Xero, then why not book our Xero training session for yourself and/ or your team.

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