Here are Xero FAQ = frequently asked questions raised by small businesses when considering moving to Xero accounting.
Do I need to be trained in using Xero?
Yes, we strongly recommend that all users of Xero complete the Xero online training. This will save a great deal of time and expense which applies to any accounting package.
Is training provided by Xero?
Yes, Xero provide a large volume of free online training and many webinars that are invaluable for first time users
What is the cost of getting started using Xero?
The cost of the subscription to Xero has three levels. Small $29 per month. Medium $49 per month. Large $64 per month – includes multi-currency and more than 20 employees.
The most popular subscription is $49 per month.
We provide a fixed set up cost of $400 incl GST per file for up to 10 employees.
We provide a fixed set up cost of $400 incl for Xero payroll where the number of employees exceeds 10.
What is the cost of conversion from other accounting packages?
The cost of setting up on Xero depends on your existing data, the opening trial balances and whether you want to bring in historical data.
We provide a fixed up front cost so you will know exactly what implementing Xero will cost you which when you compare to the cost of other options you will see why Xero is a good deal.
Do I need an experienced Xero Bookkeeper?
Yes you do. An accredited Xero bookkeeper will save you a great deal of time and unnecessary expense. Xero is straight forward and there are considerable benefits to using the program.
However, there are important differences to be aware of and Xero is not the same as MYOB or Quick Books. The online technology is new which is what drives the benefits of using the program. A Xero accredited bookkeeper is aware of these and it is an important part of the Xero Accreditation process.
Do I need an experienced Xero accountant?
Yes you do. Many accountants are not familiar with Xero and have not undertaken any training and there are a growing number that have. The early adopters.
To be using an accountant who is not familiar with Xero will add to the expense of completing your monthly, quarterly and annual financial reporting requirements.
All of our Business Advice Perth accountants and bookkeepers are trained and accredited using Xero to support our Xero clients.
We have a vast amount of experience working with other accounting packages and we prefer Xero for its ease of use and high level of integration with other programs.
Does Business Advice Perth use Xero for its own accounting?
Yes we do. We have a vast amount of experience working with other accounting packages and we prefer Xero for its ease of use and high level of integration with other programs.
How we got started was by using Workflow Max for project management which is a cloud based program that integrates with Xero.
We have provided support to many clients using MYOB and Quickbooks using a computer based files.
All of the products we use are cloud based to ensure substantial efficiency gains.
That will mean lower costs and higher productivity which means more profit.
Want to learn more about Xero?
Xero have their own Xero FAQ page which is very comprehensive – check it out here