Xero Accounting Software Services in Cambridgeshire
If you are a startup, sole trader or SME looking for specialist small business accountants, then look no further than JMC Accountancy. Contact us today for a free quote and advice.
Digital solutions such as Xero deliver significant benefits to businesses. From enabling online payments to reconciling accounts, Xero accounting software has transformed the way in which financial processes are completed.
Using Xero makes financial reporting and other financial tasks more efficient for small businesses. This cloud-based software also helps VAT-registered businesses to comply with the UK government’s Making Tax Digital requirements for keeping digital tax records and makes filing tax returns a breeze using compatible software.
If you want to transform how you manage your finances, contact JMC Accountancy to discover how Xero can be tailored to meet the needs of your business.
Xero Certified accountants
As forward-thinking accountants, we have been supporting clients in the switchover to digital accounting software for many years.
As well as being an essential element of helping businesses meet the UK’s Making Tax Digital legislation, Xero has many functions that can simplify business finances and bookkeeping while saving valuable time.
As Xero Certified accountants, when it comes to this savvy software, you can relax, knowing that you are in safe hands. No matter how big or small your business may be, we can assist in setting up your accounting system, recommend third-party apps and provide Xero support and training.
While Xero is an intuitive digital solution, moving your financial processes over to the software can be complicated. Using our Xero expertise, we can ensure you are ready to unlock all of the Xero benefits and save your business considerable time each month.
What is Xero cloud accounting software?
Xero is an industry-leading online cloud accounting software, which means you can access it from any device, including mobile. So, if you need to send a quick invoice or pay a bill while on the go, the Xero app will let you do just that.
Your Xero software connects directly to your bank account feeds, which means all transactions flow into Xero, giving you full transparency of your business finances.
In addition to the functions that Xero accounting software comes with, such as cashflow management, bank reconciliation, financial reporting and expense claims, there are also add-ons that will help you to get even more from the tools.
How does Xero work?
Xero provides comprehensive support resources, including a video walkthrough on their website to show you how to get set up. However, to take advantage of its full potential and for Xero advice and support, it pays to have a specialist like us.
To get started, you will need to add your business details, including company number and bank details, and then you will need to add your VAT rates. We can ensure that your VAT tax rates are all set up correctly.
Xero also provides a software suite called Xero Payroll, which can integrate seamlessly with the accounting software to ensure that your employees are paid accurately and on time.
JMC Accountancy, Xero accounting services Cambridgeshire
JMC Accountancy are Xero accounting software experts, and we can ensure that your business benefits from all the powerful features Xero has to offer.
From setting you up with the most suitable price package for your business to providing Xero support with everyday tasks like invoicing and using the dashboard, our Xero trained accountants can help you use Xero accounting software effectively.
Xero is the ideal software for bookkeepers, making everyday tasks simpler. Recording and classifying your business transactions using Xero software is a faster and more organised process than keeping books and ledgers.
You can easily see cash flow and check that you are making more money than you are spending through up-to-date data, and this paperless system is simple and secure.
Xero VAT Return
In the UK, VAT-registered businesses must have digital records and file tax returns using compatible software. Using Xero ensures that your tax returns are filed in compliance with HMRC requirements.
Xero calculates VAT, and then your accurate VAT returns can be filed securely with HMRC straight from the software.
Xero accounting software also enables you or employees to submit expense claims and submit photos of receipts. This ensures that there are complete records for tax purposes.
Expense claims can be quickly submitted using the mobile app and can be submitted from anywhere at any time. This helps to avoid backlogs of expenses claims that can make it more challenging to understand your current finances.
Why choose JMC Accountancy?
JMC Accountancy has been providing expert support to small businesses for many years, ensuring compliance with regulatory requirements and tax obligations. As Xero Certified accountants, we can help you to choose the right Xero plan and features that will deliver the biggest benefits to your business.
Contact us today and let us assist your small business to get started with Xero accounting, meet compliance requirements and make your accounting and tax return processes as simple and swift as possible.
How much does it cost to set up Xero?
Xero provides a range of pricing options to suit different businesses. The Starter plan is perfect for new businesses and sole traders, costing £14 per month; the Standard plan, priced at £28 per month, is designed for growing small businesses, while the Premium plan, at £36 per month, is suitable for large enterprises.
You can use the free trial to see whether Xero is the right software solution for your business, and when you sign up with us, we will handle the entire migration process for you.
How many employees can Xero handle?
Xero has been designed to handle up to 200 employees, as the software is built for small to medium businesses.
Is Xero hard to learn?
While Xero is an easy-to-use software solution, using a Xero Certified accountant like us will make switching over effortless.
There are lots of videos and other support tools that we can supply employees with so that they have all the information required to become proficient Xero users.