The setup process is as follows:

1. Authenticate your Xero account. For details of the data flow between Xero and Xenon Connect, view this. Click the “Allow Access” button to authenticate your Xero account.

2. Confirm your name and email address (automatically pulled in from your Xero account) and choose a password. Then, click “Create Trial”.

3. Select the “Get Started” button to personalize your dashboard and settings to your own business.

4. The wizard will walk you through a few simple (optional) steps to tailor your Xenon Connect account to your business. The screenshot below shows the “Sales Target Tracker” setup screen. Click “Next” on each screen when complete.

5. Once you have completed the short setup wizard, and Xenon Connect has finished the initial data sync with Xero, an “Open Dashboard” button will appear. Click the button to be taken to your Xenon Connect Dashboard.

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With ‘Making Tax Digital’ (MTD) already here for VAT in the United Kingdom and MTD for Income Tax due to arrive soon, it has never been more important that businesses ensure that their bookkeeping is free from error.

Improving the accuracy of bookkeeping

Built by Chartered Accountants in practice, Xenon Connect contains a host of automatic bookkeeping checks that detect issues that require attention.

Each bookkeeping check provides clear guidance on why the issues detected matter, along with providing support to quickly fix the issues.

The growing list of bookkeeping checks include:

• Unreconciled Bank Items
• Duplicate Invoices
• Duplicate Bills
• Old Unpaid Invoices
• Old Sales Credits
• Old Unpaid Bills
• Old Purchase Credits
• Duplicate Contacts
• Contact Defaults
• Unexpected Account Used
• Unexpected Tax Code Used
• Inactive Contacts
• Bill or Direct Payment
• Invoice or Direct Deposit
• Low Cost Fixed Assets
• Capital Item P&L Review
• Unapproved Invoices
• Unapproved Bills
• Multi-Account Suppliers
• Multi-Tax Code Suppliers
• Misallocated Items
• Opening Balance Differences
• Sales Tax Missing
• Purchase Tax Missing

with more checks being introduced regularly.

Providing insight into financial performance indicators that matter

Once your bookkeeping data has been cleansed using the tools mentioned above, you can place greater reliance on the information and reports produced within Xero and QuickBooks Online.

Xenon Connect uses your accurate bookkeeping data and feeds it into an ever-expanding set of financial performance and position insight features.

The Dashboard Insights make sense of your bookkeeping data and produces the following accounting insights that form the life blood of your financial business machine:

• Sales Tracker
• Cash Health Check
• Bookkeeping Health Check
• Profitability
• Corporation Tax Estimate
• Directors’ Loan Accounts
• Business Valuation
• Working Capital Cycle
• Dividend Availability

Xero Integration

Xenon Connect integrates with Xero Accounting Software, with a regular automatic data synchronisation process running in the background.

QuickBooks Online Integration

Xenon Connect integrates with QuickBooks Online Accounting Software, with a regular automatic data synchronisation process running in the background.

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