Accountants Edition from Xero – the solution to save you from shoeboxes

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

Available exclusively through bookkeepers and accountants, this new version of Xero gives clients a simple interface for entering expenses and managing their bank transactions online, while the complete Xero accounting system is accessed by their accountants to ensure compliance like VAT is correct.

Not every business owner wants to do all their accounting and bookkeeping themselves, but the things that only they can do are explain to their bookkeeper or accountant what bank transactions were (if they aren’t obvious) and detail their expenses. With Xero Accountants Edition business owners get a simple online system for these tasks.

Hamish Edwards, co-founder and UK MD of Xero explains what this means in practice:

“To move on from the ‘shoebox’ situation of sorting through paper expenses receipts and bank statements, Xero has developed a simple live interface that clients can access, that inputs this information directly into their accounts. The bookkeeper or accountant managing a client’s accounts then has real time information to work from that’s already in the accounting system. With Accountants Edition there is no additional data entry or time spent inputting or asking questions about transactions.”

Edwards states that there are real benefits to working with Accountants Edition:

“It’s a huge time saver for both client and accountant. Also as an accountant you can provide clients with a simple and easy to use service that will help them keep up to date and manage their accounts better. They are likely to thank you for that.”

Accountants Edition is an exciting new way for Accountants to work closely with their clients to everyone’s advantage.

The key benefits for Accountants with clients using Xero Accountants Edition are:
• Bank statement data capture – which is easy to keep up to date

• Easy to run VAT returns and management reports

• Dramatically improved efficiency for year-end compliance (as accounts are instantly accessible throughout the year and easily kept up to date)

• Enhanced access to clients’ financial information (i.e. no shoeboxes of paper!)

• A standardised system for all clients, so training and working are simpler and quicker for all staff working on the accounts.

• National reach for your practice as everything is online

You can find out more about Accountants Edition here http://www.xero.com/partners/accountantsedition/

Accountants Edition from Xero is only available to accountants and partners who are a Xero partner.

To find out more and sign up as a Xero partner go here http://www.xero.com/partners/ . It’s free to sign up and you can take a no obligation trial to start using Xero straight away.

About Xero

Xero provides small businesses and their advisers with one, up to date, easy to use, instantly accessible set of accounts and business information.

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