Xero & The Cloud

Xero is used by millions of people all over the world assisting them in running their small business’. Xero is easy-to-use accounting software and you can access your financial information via your Xero login from any Internet connected device as Xero is cloud based.

Importantly Xero connects to your bank account so every bank transaction feeds directly into your Xero account. This saves time as you no longer need to manually enter transactions. Xero makes it easy to allocate transactions and simple to reconcile the bank account.

Once you set up your Xero account, there’s nothing else to install. All upgrades are free and everything is backed up instantly. You can email invoices to your clients directly from Xero.

Your accountant or bookkeeper also has user access to help manage your Xero file. Xero also integrates with all sorts of popular business apps which offer additional tools for a point of sale, inventory, job tracking, recording receipts and more.

Services We Offer

  • Accounting software advice
  • MYOB to Xero Conversion
  • Reckon to Xero Conversion
  • Xero Certified advisors & accountants
  • Quickbooks to Xero Conversion
  • Xero Implementation
  • Xero Training
  • Xero Payroll Training
  • Xero Add-ons

Benefits of Xero

There are three main benefits:

Access and Security

The benefit of the cloud is that you can access your financial management system anywhere anytime. Also this offers more security, as if your computer crashes or is destroyed, you can access your Xero file from any device with an internet connection.

Time Saving

A lot of bookkeeping time is saved due to the bank transactions being fed directly into Xero. This means less entering of information and easy allocation of transactions making bank reconciliation a breeze. The payroll system creates a more efficient streamlined payroll process.

Financial Management

The daily bank feeds & easy bank reconciliation process now means financial information is current and accurate. Owners can easily check their current debtors, creditors and cash flow position as well as how sales have been performing.

Client Testimonials

“Computers and accounting I have never been fond of. In the past I used Excel spreadsheets to keep track of income and expenses, word to prepare my invoices and MYOB to manage my payroll. McHenry Partners demonstrated the benefits of Xero and convinced me to transfer to Xero and the only regret is that I didn’t do this sooner. Now my accountant can log into the file and assist with any of my queries. My payroll and superannuation are also simplified with Xero. McHenry Partners have helped guide me with my personal investments and to get better finance arrangements.”

www.allwrightplastering.com.au

J. Wright

All Wright Plastering

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Not getting what you need from your current accountant? McHenry Partners are here to change things for the better.

Our initial free consultation will identify whether you're comfortable with our personality, style, service & value that is to be provided so you can make an informed decision to engage us.

We will provide an ethical letter to your Accounting firm advising we are managing your financial compliance obligations from here and request any information that we may need.

We will agree with you on the services you require from us over the next 12 months and agree on a fee amount and payment terms that are suitable to both parties

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