Simplify Your Book Keeping
For most business owners, book keeping can be a time consuming, boring and thankless task. But it is essential to keep accurate records in your business, so it’s all something that must be done.
The good news is that times are changing! We want to show you a way to simplify your book keeping that you will absolutely love…
Introducing Xero and Receipt Bank – a winning combination of cloud-based software that will revolutionise how you work forever.
So here’s some more information on each of these products:
This is an award-winning cloud accounting system that helps you to manage your business finances effortlessly anywhere you have internet access. One of its main features to help you simplify your book keeping, is that it links to your bank accounts and pulls through your transactions every day. This makes bank reconciliation a breeze – something that used to be really time consuming in the past.
Amongst other things, it allows you to raise invoices on the fly, chase up overdue payments and see at a glance how your business is performing.
This add on to Xero will do away with the need to manually input all your purchases and receipts. You simply upload your purchases to the system and sit back whilst it works its magic. Before you know it, all your receipts will be entered into Xero in the correct category waiting to be matched off when you reconcile your bank!
Getting receipts into the system is a doddle. Just photograph them using the free app or forward them via email to the address provided. The system captures all the information (such as VAT amount, payment method) and keeps a permanent electronic copy in case HMRC want to take a look at a later date.
Does that sound like a clever way to simplify your book keeping? We think so.
It certainly beats the old-fashioned method of manually entering purchases, losing receipts, struggling to read ancient yellowing bits of thermal paper and spending all Friday night surrounded by piles of documents!
If you would like to see this simple book keeping method in action, then please give one of our friendly team a call and we’ll set up a free online demo for you.