It’s no secret we love Xero! And even though the platform is super user friendly and easy to navigate, there are hidden hacks that our savvy senior accountants, use every day. Never ones to hold onto our knowledge, check out their favourite Xero hacks, that will save you time. Holly’s Tip: Repeating bills and invoices For regular bills and … Read More
New year. New Xero: What you need to know in 2019
As we enter the New Year, our friends at Xero have been hard at work making loads of planned changes to help us to even more beautiful business in 2019. Like Xero, we’re on a quest to make record keeping easier, safer and more efficient. So keeping track of improvements will ensure you are getting the most out of your … Read More
Xerocon 2017: Wrapped
Last week Stu packed up and headed south of the border to chilly Melbourne, for Xerocon 2017. We joined other accountants and finance professionals to hear loads of exciting announcements, updates and innovations for advisors (that’s us!) and end-users (that’s you!) across the two-day event. Overall, Xero in 2017 and beyond is continuing its quest to be a more automated … Read More
Converting to the blue side: Why your business needs Xero
If you want your business to work smarter and faster, cloud accounting software and specifically Xero is our recommendation. Xero’s cloud based system will not only give you a better overview of your finances but will improve collaboration with your team. Guaranteed. So what’ s this thing called the cloud? Think about when you use Internet banking. Every time … Read More
7 features of a good accounting system
We like to think of ourselves as tech-savvy, forward thinking accountants. We love a good accounting system. Nothing gives us more pleasure than transforming a business from an archaic accounting system onto slick, shiny new accounting software. But a good accounting system in 2014 needs to be more than just a super-charged excel sheet. It needs to provide easy-to-understand information … Read More
Xero announces new updates and features
From the Xero blog today… Last month I was at Xerocon Sydney where we announced some of the new Xero features being launched over the next three months. Well, it’s only a few weeks later and the first of these features are live – it’s how we roll. Batch deposits For those of you dealing with customers paying by check/cheque … Read More
Accounting Systems 101: The facts about Cloud accounting
There are oodles of accounting software packages on the market, particularly for small and medium sized businesses. And at 542 you we love our technology, so we’ve always got our fingers on the pulse looking for the best solutions for our clients. Since launching in 2006, Xero has no doubt created a stir in the accounting software market. Their stable … Read More
The grass is bluer on the other side: Why EVERYONE loves Xero
It’s an exciting time for business owners. Thinking back 20 years ago (Craig and Adam were still in high school – just and Stu was just a young whippet), accountants were stuck behind their desks, buried under reams of paper. Fast forward to 2014 and thanks to slick web applications and cloud technology, accounting is an industry that has undergone … Read More
Cloud Accounting: 5 common myths BUSTED
As paperless accountants, we make no secret of being advocates for cloud accounting. We do understand however that not all business owners are as eager to join the cloud as we are. Often clients that are tentative to join the cloud are resistant for 5 common reasons: “I don’t trust all the Aps and plugins” Sure, some aps seem to … Read More