As a small business owner, your time is precious. You’ll want to use that time for more impactful and value-adding activities like business development and leads generation. Accounting or bookkeeping are probably not top of the list, but they are important and new technologies are making them easier and more efficient. In this post, we provide information on how moving to cloud accounting can help you work smarter and faster.

Bookkeeping is without a doubt one of the most tedious administrative tasks that consumes a significant portion of small business owners’ time. As they are not aware of the benefits of cloud-based bookkeeping, many small business owners choose to maintain their accounts in excel spreadsheets and fail to harness the power of cloud accounting. When done right, cloud-based bookkeeping frees up small business owners’ time to run and grow their businesses. In this blogpost, we outline the components of good bookkeeping and the massive cost savings it can bring you when you move your bookkeeping to the cloud.

Start-ups face a multitude of challenges, from cash flow difficulties and lack of brand awareness to time management issues and manpower crunch. These challenges are further exacerbated with Covid-19, as consumers tighten their purse strings leading to a sharp decline in market demand and opportunities. In this blog post, we explore how cloud accounting can help start-ups leverage digital technology to stay lean and mean to survive this crisis.

The quarterly filing of GST return can be a tedious and cumbersome process for small business owners without a proper accounting system. As there are heavy fines and penalties if the strict submission deadlines are missed, it is imperative that small business owners leverage cloud accounting software which can make GST filing a breeze. In this blog post, we explore the numerous benefits of using Xero to manage your GST filing workflow

The success of every service business very much depends on the timely assessment of the profitability of individual projects. In this blog post, we explore Xero Projects, a project management tool within Xero that helps business owners assess profitability of their projects in real time and make better business decisions.

Most SME owners begin managing their accounts in excel spreadsheets, when transactions are minimal and manual tracking of information is feasible. Over time, most of them begin to realize that their time is better spent growing their businesses instead of performing manual accounting duties. In this blog post, we explore Xero Cashbook and Xero Ledger, two simplified and more affordable versions of Xero’s standard cloud accounting software that can help SME owners reclaim their time and grow their businesses.

One of the frustrations of an SME owner is the administration of expense claims from employees, which could get extremely time-consuming when the process is manual and the volume is high. In this post, we explore Xero Expense, an application within the Xero cloud accounting software, and how it can help you better manage your company spending.

The Covid-19 pandemic has forced many business owners to rethink their business models and the way their accounting function is structured. In our very first blog post, we provide information on the key differences between cloud accounting and traditional accounting, and how moving to cloud accounting can help you better navigate the pandemic.