What is Xero and why is everyone talking about it?

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Xero is a cloud based accounting system used by small businesses.  Clients love it because by being cloud based you can access your sales information, your contacts and your creditors from anywhere as long as you have internet access.  You can also raise invoices, pay bills and reconcile your bank account whilst you are out and about.  Xero reduces the need for data entry as the system allows for direct bank feed information to be imported automatically into Xero from your bank statements.  Bank reconciliations are a breeze as Xero can memorise regular transactions and will also identify and match income and expense amounts to any invoices you have entered.  At LMC we use Xero as it makes the processing of data much more efficient.  In addition, we and the client are always looking at the same information. Gone are the days of backing up, emailing files and restoring on various computers to be able to view and access information.

If you think Xero may be suitable for your small business or if you need further information, please contact Louise at LMC today on 07 5447 2605 or www.noosaaccounting.com.au