Updated: Nov 28, 2022
Harness technology to show a clear path ahead for your finances
The world of finances has gone digital, inevitably. Gone are the days of neatly printed letters and numbers in thick ledger books. Some of you may lament the passing of real accounting ledger books and feel the resistance to be propelled into the digital space.
The fear is one that is shared by many, and it's a very valid concern. There are so many financial aspects of a business. Where does one start using technology to manage one's finances?
Thing is, anything that is unknown will always feel intimidating. I suggest we get to know a little bit better, how technology can really give a boost to the way we organise our finances. By the time you finish reading this you'd probably get curious enough to want to know how to get started!
XERO Accounting Software
You might have heard of XERO. It's a fast, simple and powerful online accounting software solution. It helps to keep things running smoothly, keep records tidy and very importantly, it makes compliance easy.
Just take a look at some of its main benefits:
See invoices, contacts and accounts online
Automate invoicing and reporting
Obtain a full financial picture of your business
Make end-of-year tax filing and tax returns easy
Sync bank and financial information
Automate bank transactions into Xero
Get updates of cash flow
Collaborate in real time if you are working with an advisor
Allow employees to submit expenses, leave periods, invoices
Can be customised and connected to other apps
XERO has multiple layers of protection for the personal and financial information on the XERO platform so your data is safeguarded.
XERO certified advisor and trainer
CATS4TAX is a XERO certified advisor and we can help you set up your accounting system as well as provide XERO training. Speak to us to learn more about how XERO can work for you.
Technology in the financial world can help organise data and information so everything is clear and you know exactly where your business and its financial health is right this very minute.
It is a way to know if things are working or not, and if there is anything that does not add up, an accounting software can pick that up immediately. It's no longer buried underneath a pile of pages and volumes and just trying to find that one mistake was a nightmare in the past.
With XERO, your numbers are clear, they don't lie and you can have peace of mind knowing that everything is in order. Nothing is left out, amiss or late. When your finances are well looked after, you can have more headspace to focus on growing your business, creating new projects, and just simply, have precious personal time to enjoy life.
Get in touch with CATS4TAX:
0404 483 685