Blog

The main news in the Xero-sphere over the summer is the way bank feeds will be operating. New EU standards, that are due to take effect from 14 September 2019, will change the way that some banks connect to Xero. Specifically, Yodlee & Barclays bank feeds (in the way that they are at the moment) will no longer be available, so to comply with the new requirements, Xero will be migrating existing...

  Setting up a payment service through Xero (so your customers can pay you using their debit card or credit card) can have AMAZING effects on both your cash flow and your time. Buyers are used to paying instantly when online shopping - one-click payment makes this easier. When a payment service IS offered to your customers: Invoices are paid on average 35% faster * Your waiting time for payment is cut by 13...

  Managing all of your projects from very start to very end can be very easy! Xero Projects has been developed with the small business in mind - to capture, track & report the time and money spent on each job you undertake - which makes it easier to plan ahead, stick to your budget & manage all of your jobs & projects more effectively. With the ability to start your project, record...

  The new Xero Expenses was launched at the end of 2017, and we want to keep you up to date with developments!   The best things about Xero Expenses: Business owners & employees can easily capture expenses on their phone using the Xero Expenses mobile app, which sends data directly to Xero in the form of an expense claim. Set permission levels, so different people in the business can approve & pay, as well as the...

  Keeping your data secure (especially your financial data) is as important as ever before. Find out why two-step authentication is important Two-step authentication is used by many internet banking and online services to provide an additional layer of security, where you use a device to generate a random code to access your account. In this case, by using the Google Authenticator app on your phone. I'd also recommend that you ask all users in your organisation...

Doing work for your customers is one thing. It's another to ensure that you're paid, and on time. Unfortunately for many small businesses, the latter takes up as much time as the work did itself, and it's likely the task that gets done in the evening or weekend to keep your working day free to do jobs (or the other way round depending on your trade) - but in almost all...

When you haven’t got an automatic bank feed set up, here’s a quick guide on how to manually import the bank transactions… log in to your internet banking and download as a csv file open up the spreadsheet and delete any unwanted columns (the ones you want are date, description, amount - things like balance are irrelevant) save as a csv from the Xero dashboard, on the bank account you want to import a...