Press

Xero announced today it has increased its customers by over 1000 in the past 50 days.

Xero’s latest update is packed full of features especially for their Accountant Partners.

Web-based accounting system Xero makes it easy for small business and their accountants to make the switch to 15% VAT – in fact, no changes are required at all.

With only 5 days’ notice of a major VAT change, most businesses will be stressing about massive changes required.

Accountants who use Xero have closer and more effective relationships with their clients, allowing them to offer additional services, adding value to their work.

A franchise owner should understand how their business is performing from day one. With many Franchisors now recommending Xero online accounting system, this is easy.

Chris Johnson is CTO of the specialist property photography franchise Red Hot Camera. His franchisees are using Xero, as Chris wants to ensure all the businesses have up to date financial information to hand:

“Xero was built totally with business owners in mind and the system presents what’s important, which is cash flow.

Watch accountant and AccountingWeb online software reviewer Nigel Harris share "The things I like about Xero".

Xero online accounting software www.xero.com is now available for the two and a half million small businesses operating in Australia.

Since listing in June 2007, Australia is the third market Xero has entered in less than 18 months.

Online accounting software provider Xero www.xero.com announces the launch of their ‘Accountants Edition’.

For businesses with geographically dispersed teams, online software is essential to overcome the barriers of distance, say two British companies.

Gis Rutten of children's food company, The Good Food Village, says the fact he is in Somerset, the accountant is in Salisbury, and the board and investors are dotted around the UK is “irrelevant” because they can all access the same set of accounts online using Xero accounting software.

It’s a similar story at online recruitment company BlueGlue which operates from three different locations in the UK.

With the current economic climate bringing major uncertainty to many businesses, Hamish Edwards, founder and UK MD of online accounting software product Xero (http://www.xero.com), is urging all small businesses to do one thing: get on top of the cash flow.

Edwards, who is an experienced chartered accountant, says the key to surviving a downturn is maintaining cash flow.

“The impact of rising interest rates and fuel prices, combined with uncertainty, means things are getting tighter for lots of small business,” he says.