Make the switch to Xero

By Tim Norton | Apr 18, 2008

If you read this blog and haven’t made the switch to online accounting software Xero for your accounting yet, then I assume it’s probably becuase your accounting year end hasn’t quite rolled around. If you’re by chance still debating whether or not Xero is ready for your business yet, or are wondering if there might be a learning curve thats going to take too much of your time, then I think you might be pleasantly surprised.

Show me the money

I’ve run PlanHQ on Xero since we started as one of the first super early beta customers, and as someone who lives on information was pretty happy from day one that at least I finally had my last set of business information online and accessable from everywhere, which is the only place I want my business information as I travel the world, work from home. I appreciate I’m bleeding edge, but this was 18 months ago, and Xero has come forward in leaps and bounds and is a great platform for managing your accounts. Xero continues to power forward, something I’m pretty sure we can all accept doesn’t happen with any competing package software products, and you can now import your chart of accounts from MYOB to help get you over the one-off switch.

I can’t believe that anyone actually likes the idea of having their accounting information sitting on a PC somewhere in the office where they have to goto to access, or getting an export of the file from their accounts person. Going online with your accounts is not rocket science, its just smart simple business.

Money Life on Xero

Bank data comes in automagically, our accounts person Komal codes them then since all of our customer billing and payments are automated through PlanHQ, we just feed Xero with monthly sales totals for International and NZ/GST customers, and thats it, accounts are up to date, Komal can to the leg work, and I can live my life around the P&L and watch us get closer to break-even. If you’re serious about money, then managing your accounts online is the only way to go, you’ll never look back, and there’s alot more coming in the future.

This isn’t about supporting a cool local company and group of people anymore, its just about managing your finances the best way you can to grow your business, so get amongst it!