Is anyone using the virtual FD service in xero.We intend to but are new to this for pricing Has anyone got any advice for us
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Not a Xero feature
Hi MissAccounting
I think what Eamonn is referring to is the concept that's often referred to Virtual FD or Virtual CFO which actually isn't a feature of Xero as much as it a cloud based service method or philosophy.
On the basis of the fact that practices can utilise the fact they can log to client data remotely and play a virtual overwatch role on their clients' behalf, possibly with monthly or quarterly management reporting and other services akin to what a regular FD would offer a business.
We recently gathered up all the points we've observed in our travels together with some anecdotes from accountants that are working this way into a PDF that's available through AccountingWeb here.
Gary Turner
Managing Director, Xero
@garyturner