Xero update

Here is a quick summary of recent improvements to Xero Accounting Software.

All new clients now get offered Xero because we believe it is the best system on the planet. If you are not yet using it let me know and I can arrange a demonstration.

These are:

• New dashboard
• Purchase Orders
• IPhone App
• Quotes

The Xero dashboard shows the most important information where you need it. You can know what is going on in your business at a glance. This includes:

• Check your bank balances
• See the money due in and out
• Key accounts

The Xero dashboard allows you to organise the dashboard as you want it by dragging and dropping the graphs.

Later, Xero will release the Business Performance Dashboard with a choice of financial ratios and performance indicators.

Purchase Orders (PO) enable you to have complete control over expenses. Before a suppler is authorises to send an invoice they must get a PO.

Next is Receipts for iOS to help with expenses.

The App means you can easily enter business and personal expense claims when they happen, where they happen. No more sorting through lots of little receipts in the office.

Quotes help to win work.

It’s important to turn quotes around quickly and follow up on quotes to maximise your sales.

With Xero you can customise, create professional reports and send them on the spot. You can use “Estimates” if you prefer and include an expiry date.

You can copy existing quotes and easily turn a quote into an invoice with just a few clicks which customers can pay online.

As with everything in Xero, the user experience is beautiful. Down the line Xero will release the ability for prospects and customers to accept quotes online.