You mention you use Xero Online Accounting, I have not heard of it before, what is it? How is it different to other accounting systems?
Xero is a cloud based accounting system. Cloud based means you don’t install any software on any computers, and the data is not stored directly on any particular device either.
Instead you access the system online, via a web browser such as Internet Explorer, Google Chrome, etc and all of the data is stored on Xero’s servers which are located in various places around the world (and continually automatically backed up as well).
Cloud computing was new a couple years ago, the truth is it is rather common place these days. Though somewhat surprisingly accounting systems have been slow to catch up, and hence Xero has become, in our view, the market leader in this area.
The other great thing about Xero is it is very nice to use. There is no comparison to the traditional market leaders in MYOB and Quickbooks.
Having said all that, the best way to understand Xero, and really the only way to fully appreciate it is to see it in action, and we would be very glad to give you a demonstration, just ask.See more faqs