At Melbourne Tax Advisory we are all about Xero.  Cloud accounting software has revolutionised the way we do business. Below is a list explaining why we love Xero and why we recommend it to our clients:

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Real time data 

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Xero is cloud software, which means it provides users with auto-updated, real time financial information about your business. You no longer have to wait for the latest version of your accounting software. Now our clients can see the inflow and outflow of money 24/7. They can access this information from their smart phone or laptop.

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Time saver

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Xero has allowed for a streamlined and automatic financial data management. This allows business owners to focus on running their business and allows us accountants more time on advising clients.

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Reduced costs

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Easy access to financial information and less time consuming processes means less time taken for the accountant. This will in turn reduce your bill for accounting fees.

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Let your accountant advise you

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By having access to real time date with Xero, this enables your accountant insight into your figures straight away. Your accountant could tailor a simple phone call or comprehensive monthly management meeting to discuss your business performance. This kind of service provides a business health check to see what is going wrong, what needs to improve and where the business is performing. This ensures your business is heading in the direction of your goals.

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Add Ons

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An Add On is a system that integrates with Xero to provide deeper and more advanced management of a certain operating task. There is guaranteed to be an Add On that can benefit your business. Some of the Add Ons we use include Hubdoc, Stripe, Go Cardless, Receipt Bank to name a few.