Xero With Us

July 12, 2019

Advantages of using Xero Accounting Software Xero Accounting software is designed to be simple and easy to use. As a cloud software, it allows users to have access to their real-time reports online while on the move. It integrates an invoicing system where you can send your clients their online invoices and track whether they have viewed the invoice. You can also integrate online payment methods to allow clients to pay online. Xero also implemented an automated invoice reminder, to send overdue invoices to chase for payments. When you receive an invoice or make a payment to a supplier/vendor, Xero allows you to take a snapshot of the receipt or upload a pdf receipt conveniently. By doing so, all records are kept digitally and there will be no need to send the documents to your accountant/bookkeeper. Furthermore, Xero Accounting Software works with other cloud solutions so that you can integrate other systems into the business model – such as Shopify, ZOHO CRM, Square Space and many more. Giving you the flexibility to combine systems and have an automated and easy-to-use system.

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Accounting/Book-keeping

July 12, 2019

Accounting/Book-keeping To run an efficient and legal local business in Singapore, accounting and other records that will sufficiently explain the transactions and financial position of the Company must be kept and carefully maintained so as to enable true and fair financial statements to be conveniently and properly audited if required. Examples of such records to be kept are the following: Trial Balance Detailed General ledger Accounts payable Fixed assets register Accounts Receivable Bank reconciliation Statement of Cash flow and budgeting Financial statements Monthly Sales reports General Journal Statement of Comprehensive Income Statement of Financial position Financial analysis report

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