Collaboration is a very trendy word these days in the business world. Millennials love to collaborate and it seems to be a hot topic. Gone are the days of independently working on tasks. Most tasks seem to be shared by a team and collaborated on. What exactly is collaboration, and what are the benefits to […]
Author Archives: Cindy Hovig
Today we are featuring one of our favorite industries of all times – construction contractors! We have found that using tracking categories in Xero works well for construction contractors. What are Tracking Categories? Tracking categories are used in Xero to see how different areas of your business are performing. Additionally, they allow you to run […]
Spring has sprung! There is something about Spring that makes me want to clean. The urge generally doesn’t last too long, so I try to do my Spring cleaning when I feel the motivation. Spring is a good time to look at your bookkeeping, email, and even your desk, to see what could use some […]
Have you heard of the billable expenses feature in Xero? It is a handy feature that can be especially good for construction contractors. What are Billable Expenses? Billable expenses work by being able to assign a certain expense to a customer when you are entering a bill or spend money transaction. You can opt to […]
This month we are featuring construction contractors. We love working with construction contractors and you could even say we specialize in working with contractors. Contractors face some unique challenges. Today we will talk about three challenges that contractors might face and how tools in Xero can help solve these challenges. Invoicing and Getting Paid Quickly We […]
This month we are focusing on good practices to follow when starting a new business. A basic step when starting a new business is creating a new Xero file, and one of the first steps to that is editing your settings. One of the things we love about Xero is how the settings can be […]
If you are thinking of starting a new business or recently have started a business, chances are you have thought about how you will be keeping your books. You may have thought how there was no way you would do it yourself and you started to look into outsourcing it. Or you may have thought, […]
Have you been thinking of starting a new business? Now’s a great time to do it! Here’s a quick guide on how you can use the cloud to help. Why Use the Cloud The cloud provides many benefits to you when you are starting a new business because you can have all your documents and […]
We all want to get paid as quickly as we can. Getting paid in a timely manner is very important to a small business as cash flow can make or break a business. The lifeblood of cash flow for many businesses is invoicing. It also can be the most time-consuming. Xero has many features to simplify […]
Xero is always coming out with new features! A recently released feature got us pretty excited. There is now a running balance column on the bank account transactions page. What is the Running Balance? The running balance on the Account Transactions tab includes all reconciled transactions and unreconciled spend money and receive money transactions that have […]