Xen Accounting's Blog

Top apps to track deferred revenues for SaaS businesses

Technology, Nov 7, 2017 4:07:57 PM


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If you have a SaaS business and you charge an upfront annual price as an option to your customers, you might know that you should spread those revenues equally over the months of the service agreement in your accounting books instead of showing one lump sum in the month it was received. For some, this process is not as easy as they would like it to be. So let's check out the top apps to track deferred revenues for SaaS businesses.

3 Steps to Bookkeeping Automation for SaaS Companies

Technology, Jun 1, 2017 4:10:47 PM


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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.

Online Accounting for Tech Startups - 3 Ways it Helps You Scale

Technology, Feb 9, 2017 5:58:51 PM


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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 Canada - Settings Canadians Need to Know About

Technology, Dec 21, 2016 9:00:15 AM


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"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.

Guide to The Best Accounting Software for SaaS Businesses

Technology, May 17, 2016 8:12:20 AM

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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.

Accounting Software for Mac? Check out Xero

Technology, Feb 19, 2016 7:41:37 AM


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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.

The Top 4 Online Payroll Services for your Small Business

Technology, Jul 30, 2015 1:25:00 PM


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Making sure that your payroll is processed smoothly, accurately and on time is one of the biggest priorities in any business. One of the worst things you can as a business owner is being late on payroll or getting it wrong. As a result, choosing the right online payroll services is an important consideration to make.

What's the Best Online Accounting Software for Your Small Business?

Technology, May 5, 2015 3:38:00 PM

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It's no secret that many of you would rather gouge your eyes out rather than spend one extra minute on your accounting. It's time-sucking, administrative and detracts from your focus on the big picture. With the right tools in place though, you can make your life a whole lot easier.

Still stuck using some ancient, outdated, horrible looking piece of desktop accounting software when managing your financial affairs? It's time to upgrade. Let's take a look at the best online accounting software for your small business.

What is the Best Invoicing Software?

Technology, Nov 25, 2014 1:32:00 PM


 

 

There are a ton of different options when it comes to creating slick invoices quickly and easily now a days. But which one is the best invoicing software for your business?

Hubdoc Looks to Take Accounting Automation to the Next Level

Technology, Jul 25, 2014 10:49:00 AM

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The team at Hubdoc certainly gets it. Today, accounting automation is key for getting past the more mundane side of managing your books.

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