Understanding Xero cloud-based bookkeeping and the benefits to you

This NEW workshop is a practical approach to basic bookkeeping using user-friendly Xero cloud-based software. It will help you approach bookkeeping in a methodical, organised fashion, (taking away the fear) AND save you time and money.

Under the guidance of our bookkeeping expert, Maria, you’ll learn all about how Xero could benefit your business:

• Starting with an introduction to the basic principles of bookkeeping
• Including an overview of the main reports you need to be consulting regularly
• Understanding what information feeds through to the Balance Sheet and the Income & Expenditure Reports, and how to interpret this information to reflect on the health of your business. (invaluable planning tools!)
• By the end of the day, you’ll understand how to use Xero software

• It will help you save time, make your admin less onerous and take the fear out of a daunting task
• It will transform your bookkeeping from an annual box-ticking exercise for tax purposes to a valuable tool.  It will enable you to monitor your income and expenditure, plan for growth or difficult periods, and take early action as issues arise. 
• It will simplify your bookkeeping by using a very user-friendly, full accounting system with numerous easy-to read, valuable reports (and its low cost).
• Xero will enable you to access your accounts anywhere with cloud-based accounting
• You will save money in year-end accounting fees by providing your accountant with a good set of books to finalise.
• And ultimately this will help you prepare for HMRC’s “Making Tax Digital” where all businesses will need to evolve from spreadsheets to an accounting system capable of reporting directly to HMRC.  Initially this will affect VAT registered businesses, but will then roll out to include self-assessment and company tax reporting.

Attendee numbers are limited to 8 in this workshop to ensure we have sufficient time to provide you with the best support. Please note that participants will need to sign up for a free trial (if you aren’t already using Xero) and bring your laptop to the course.