Xero Accounting Software – Our Review
If you’re looking for a comprehensive review of Xero Accounting Software, you’ve come to the right place. In this post, we’ll take an in-depth look at this popular cloud-based accounting software and cover everything from its features and benefits, to pricing and support. So, whether you’re already using Xero or considering making the switch from […]
20 tips and tricks for Xero users
Xero is an excellent piece of accounting software, providing many business owners, both big and small, with quick and practical solutions for their accounting problems. However, due to the sheer volume and breadth of it’s features, it may take time to get to grips with every single feature. In this article, we look at 20 […]
How do I record computer expenses in Xero?
There is no one single Xero account code that should be used to record any outgoing that relates to computers. This is because computer expenses come in all shapes and sizes. The type of computer expense will determine which Xero account code is the correct code to use in each circumstance. In this article, we […]
How do I record a customer deposit in Xero?
In this article, we explain how to correctly record the payment of a deposit by a customer, in Xero. Asking customers to pay a deposit up front to secure a supplier’s services (or product) is commonplace in many industries. The deposit may be used to secure a booking where resources are scarce (for example, for […]
A Guide to Bank Loans in Xero
Welcome to Xenon Connect’s definitive guide to recording bank loan transactions in Xero Cloud Accounts Software. Business owners sometimes struggle to account for bank loans correctly and, due to the size of the transactions involved with bank loans, this can mean that the financial data and reports produced can be incorrect and misleading. In this guide we […]
A Guide to Share Capital in Xero
Introduction In this article, we take an in-depth look at share capital, as well as a full explanation regarding how to record share capital introduced in Xero’s cloud bookkeeping software. Specifically, we discuss: What is share capital? Which type of businesses can have share capital? Are there different types of share capital? Is all money […]
How do I send automatic invoice reminders to customers in Xero?
Introduction In this article, we look at the process of sending out automated invoice reminders to your customers – along with the considerations that you need to make before doing so. Specifically, we discuss: Why does being able to send out automatic invoice reminders matter? What do I need to be aware of before sending […]
How do I Invite my Accountant to my Xero Account?
Introduction There is no disputing it, cloud bookkeeping packages, such as Xero, have revolutionized the business owner to accountant relationship. Gone are the days when business owners had no option but to use pen and paper, spreadsheets or clunky desktop bookkeeping software packages. Take the most advanced of those three older systems, desktop bookkeeping software. […]
How do I delete a contact in Xero?
It’s Time to Clean Up Your Xero Contacts If you’re accounting with Xero, you’ll know that keeping your contact list in check is essential if you want an easy time maintaining the financial side of your business. But like many cloud accounting software users, you may have run into some trouble when it comes to removing […]
A Guide to the Director’s Loan Account in Xero
Here is our definitive guide about how to manage the director’s loan account in Xero. From setting up your director’s loan account code, coding payments to the director’s loan account, to tax issues on overdrawn loan balances etc. Let’s get started… Whether you’re the director of a tech firm, gym, or a beauty salon, we […]
