Interested in knowing how to run cash flow forecasting with Xero? Having an awareness of your business’s cash now and in the future is integral to staying ahead of the competition. With Xero and the tips in this blog, you can be on your way to making a cash flow forecast in minutes.
Do you enjoy your bookkeeping? Or does it make you want to rip your hair out? I would wager on the latter. So let's talk about bookkeeping automation for SaaS companies to help rid you of this pain. My team and I work with a lot of SaaS companies that simply aren't able to get control over this process. Nine out of ten times it's because the right tech stack is not being utilized and/or the tech stack is not being operated appropriately.
You are working with limited resources. You are working long hours. You are burning the candle at both ends trying to raise funding, develop your product, keep the team motivated and scale your business. Probably the last thing on your mind is to think about your accounting and collecting receipts for your bookkeeper. This is where the beauty of online accounting for tech startups comes into play...
"Xero looks good, but I heard that it doesn't work well in Canada." I hear this regularly from Canadian business owners looking to switch to Xero. That statement couldn't be further from the truth and those that say this are clearly misinformed. For Xero Canada to work, all it takes is setting things up properly from the get-go. In this article, we'll look at a few areas that need to be adjusted before starting to use Xero in Canada.
Xen Accounting is thrilled to have been selected as one of the winners of PME MTL's grants on November 11, 2016 in recognition of being an emerging, innovative business in the Sud-Ouest area of Montreal. The story was covered in the Métro newspaper and can be found by clicking here.
Is the accounting for your SaaS business a disorganized mess? Is it far too inefficient for your liking? Does it result in you not getting you your financial data when you need it? Check out our guide to the best accounting software for SaaS businesses in order to start implementing the right accounting tech stack so that you can put these headaches behind you.
Curious to quickly know whether you would be a good match for a cloud accounting firm or whether you're better off with your current offering?
After speaking to hundreds of business owners over the past 3 years, we're able to pretty easily spot who would be a good fit for a cloud accounting firm and who would be better served elsewhere.
Accounting software titan, Intuit, took the time to speak with our very own Xen Master about how we price our services and why.
I was invited by Apple & Xero to speak at Apple's flagship store in Montreal later this month about how Apple's business customers can leverage new apps & new technology to help run (and grow) their small businesses. The app to be spoptlighted at the event: Xero's cloud accounting software. As the event is approaching, I thought I would write a brief post for those out there that are looking for accounting software for Mac and how Xero is a spectacular choice for Apple lovers out there.
When you're on the hunt to start working with a new accounting firm, the decision isn't always easy. Everyone is promising you everything and it's hard to know which option to settle on. Since this will be an on-going relationship, one key consideration to make is to look at selecting an accounting firm model that jives well with the way that you like to work. Let's take a look at some reasons for why you may want to select working with a cloud accounting firm versus a more traditional model.