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Local Life - Wigan - October 2019

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70 Business View<br />

Xero the Hero<br />

by Chris Alcock - CMA Accountancy<br />

5 Reasons why your business needs Xero<br />

Xero is the leading online accountancy software<br />

for small businesses in the UK. The development<br />

of online software has seen a shift from desktop<br />

products such as Sage to modern, intuitive online<br />

products such as Xero and Quickbooks. CMA have<br />

been partnering with Xero since 2010 and here are<br />

some of the reasons why we love it:<br />

1. Real time information - Xero’s focus is on realtime<br />

information and not on giving you a historic<br />

view of your business. The dashboard gives you a<br />

current view of your cash and bank balances and<br />

outstanding bills and invoices.<br />

2. Daily bank feeds - Your bank transactions feed<br />

directly into the software, showing incoming and<br />

outgoing transactions as they happen.<br />

3. Automated bookkeeping - By linking Xero with<br />

products such as Receipt Bank and Auto Entry,<br />

purchase invoices can be automatically scanned<br />

and uploaded into your Xero data, so no manual<br />

input is required. This not only saves time but<br />

reduces the risk of human inputting errors. No<br />

need for files of paper invoices, as all documents<br />

are saved in the cloud.<br />

4. Online sales invoices - No need to print and<br />

post out sales invoices as these can be sent<br />

automatically online. This saves on printing and<br />

postage costs and also avoids postage delays so<br />

you many even get paid quicker! Xero has a credit<br />

control function and can send out automatic<br />

chaser emails for unpaid invoices.<br />

5. Access anywhere, anytime - Unlike desktop<br />

accounting packages, Xero can be accessed from<br />

any device with an internet connection. So when<br />

you need those numbers fast, they’re always<br />

available.<br />

In addition to these features, Xero is fully compliant<br />

with Making Tax Digital and therefore submitting<br />

your VAT return via the software ensures that<br />

you are staying on top of the changes being<br />

introduced by HMRC.<br />

We have seen first-hand how Xero can<br />

revolutionise businesses. It enables CMA to work<br />

closely with our clients and proactively help them<br />

make better decisions. We can assist you in a<br />

number of ways by either helping you set up the<br />

software, train you and your staff to get the most<br />

from it or you can leave everything to us and we’ll<br />

process your bookkeeping and send you a report<br />

at the end of each month so you can see how your<br />

business is performing<br />

Special Offer<br />

For a limited period we are offering all new<br />

clients Xero software free of charge for<br />

6 MONTHS if they sign up for our services<br />

before the end of <strong>October</strong>.<br />

We offer a free consultation for anyone that would<br />

like to speak to us about these changes – just drop<br />

by our office on Skull House Lane in Appley Bridge.<br />

The kettle is always on and there will be no charge<br />

for the initial meeting.<br />

Chris Alcock ACMA - CMA Accountancy<br />

39 Skull House Lane, Appley Bridge,<br />

<strong>Wigan</strong>, WN6 9DR<br />

Tel: 01257 255521<br />

Email info@handsonaccounting.co.uk<br />

web www.handsonaccounting.co.uk

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