The benefits of using Xero include simplifying the processes of managing and tracking your finances, and saving time by eliminating repetitive tasks. With Xero you'll be able to easily manage your finances in one place and view the trends, including revenue and expenditure. You can also integrate your bank account to save time manually posting bank statements.

If you have a small business, you may be thinking of going online with your accounting. Many people say that if they had to do it again they would just go for an online accounting solution from the beginning. Imagine being able to manage all aspects of your business from a single dashboard!

Xero is a cloud-based accounting software with a simple interface. It was created for small businesses and freelancers so they don't need to worry about complicated, clunky software. Xero also allows you to sync your bank accounts, integrate with PayPal, analyze sales data, and create invoices.

Moving to Xero is easier than you think. Whether you already use an existing accounts package and need to migrate your data over, or you've been using excel spreadsheets to track your taxes, DoMyBooks are one of Ireland's most trusted Xero partners and we're here to help you future-proof your accounts in the most painfree way possible.

Online card payments with Xero are quick and easy to setup, and enables you to get paid twice as fast - in the most secure way possible. 

With Xero you can also setup automatic card payments, and direct debits with ease.

Paypal integrates seamlessly with Xero - and as one of the world's most trusted payment platforms it's an important and valuable addition to your invoicing system.

Unfortunately at the moment Xero does not do Irish payroll, but many Xero Accountants in Ireland recommend https://www.parolla.ie/ as it is fully online and integrates with Xero. If you use another payroll software package and need to post your payroll to Xero you can do this easily with manual journals. DoMyBooks can provide assistance to ensure that your payroll transition is a smooth one. 

Yes Xero does not charge extra for multi user access. If you need to give your accountant or book keeper access to your Xero accounts you can click your business name, click settings and click users. It's important to regularly review who has access to your Xero to ensure it's always up to date. 

As Xero is fully online it allows accountants to easily collaborate with their clients, Xero has an intuitive bank reconciliation facility which helps speed up day to day book keeping and ensure real time financial information for small business owners. Xero simplifies the process of managing finances for small businesses. It does this by automating what used to be a long list of manual tasks so accountants don't have to spend as much time on tedious work. If you are an accountant who's tired of doing things the old way, Xero may be the solution you're looking for.

Xero Analytics Plus is a short term cashflow and business snapshot tool. The tool allows business owners to view a projection of their bank balance 7, 30, 60 and 90 days into the future. 

A cash flow forecast is a projection of the business's expected cash inflows and outflows. This is done in order to understand how much money should be coming in, where it will come from, and when it will happen. It provides the owner with a better understanding of what they should expect for their business, so they can plan ahead accordingly.

If you have your balance sheet reconciled and books and records in an electronic format it typically costs €250 + VAT for us to prepare and file a VAT return for a micro business