3 Must Have Xero Add-ons

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Using Cloud Accounting software has made the biggest difference to my life and my business. Here are the 3 must have Xero add-ons from our experience.

Business

Receipt Bank
No more collecting receipts and no more losing
receipts. Using a smartphone you simply take a
photo of a receipt and all the critical invoice
information is captured and automatically uploaded
and transferred into Xero. Receipt Bank eliminates
manual data entry and paperwork, meaning you
have more time to spend in other areas of the
business.

All done is secured in the cloud, meaning you can
download the information when you need it. And the
small monthly cost to have the app is far cheaper
than the time it takes to collect and enter receipt
information into a system.

Vistr
Cashflow forecasting requires a lot of time and some
expertise. With Vistr, all the complexity is removed.
Forecasting your debtor and creditors is no made
quicker and easier. It takes into account GST,
Superannuation and PAYG, so you don’t need a lot of
time to find out your position.

The reports are easy to understand, plus you can add
your own rules to further assist with cashflow
forecasting. Vistr is free and is integrated with Xero.
Fantastic tool that is saving a great amount of time
for business owners.

Workflow Max
Another great to tool to track time and money. If you
business that is billing on the hour and need to track
time, then Workflow Max is a great tool to help you
streamline your business. You can track
• time,
• job numbers
• costing

Best part of this is that you can invoice clients easily
without having to go though time sheets manually
and identify the different costing for different
products.

These are 3 Bookkeeping Add-ons That Will Change
Your Life that have been trialling and test my team at
iKeep. If you have any questions about these tools or
about streamlining your bookkeeping with the cloud,
then contact our office or visit our blog on Best
bookkeeping software for small business.

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Welcome to our comprehensive guide on payroll software, a powerful tool designed to streamline payroll management processes for businesses of all sizes. In this article, we will delve into the features, benefits, and importance of payroll software in today's fast-paced business environment. Whether a small business owner or an HR professional, understanding how payroll software can simplify and optimize your payroll operations is crucial for efficient business management. 1. The Significance of Payroll Software Managing payroll can be a complex and time-consuming task for businesses. From calculating employee wages and taxes to generating accurate reports, it requires meticulous attention to detail. This is where payroll software steps in to revolutionize the payroll process. With its advanced capabilities and automated functionalities, HR payroll software provides numerous benefits, including: Time and Cost Efficiency: Payroll software automates repetitive tasks, reducing the time spent on manual calculations and data entry. This efficiency translates into significant cost savings for businesses, minimizing the need for additional human resources dedicated solely to payroll management. Accuracy and Compliance: Ensuring accurate payroll calculations and adhering to complex tax regulations are vital to avoid penalties and maintain compliance. Payroll software eliminates the risk of human error, automatically calculating wages, deductions, and taxes based on pre-configured rules and regulations. Data Security: Payroll software offers robust data security measures to protect sensitive employee information. By restricting access to authorized personnel and implementing encryption protocols, payroll software ensures the confidentiality and integrity of payroll data. Streamlined Reporting: Generating detailed reports and analytics is crucial for business owners and HR professionals to gain insights into payroll expenses and make informed decisions. Payroll software simplifies this process by providing comprehensive reporting features, allowing users to generate customized reports effortlessly. 2. Key Features of Payroll Software To better understand the capabilities of payroll software, let's explore some of its key features: a. Automated Payroll Calculations Payroll software performs accurate and automated calculations of employee wages, bonuses, deductions, and taxes based on predetermined rules and regulations. This eliminates the need for manual computations, reducing errors and ensuring payroll accuracy. b. Tax Management Complying with tax regulations and staying updated with changing tax laws can be challenging. Payroll software simplifies tax management by automatically calculating and withholding the correct amount of taxes from employees' wages, while also generating reports required for tax filing. c. Direct Deposit and Payment Processing Learn more: https://quickhr.co/features/payroll

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3 Must Have Xero Add-ons

1. 3 Must Have Xero Add-ons

2. Using Cloud Accounting software has made the biggest difference to my life and my business. In fact, I feel that it has changed me as I have more time to spend on area. Apart of great Accounting software, there are many applications that have made my life easier. Here are my top three products.

3. Receipt Bank No more collecting receipts and no more losing receipts. Using a smartphone you simply take a photo of a receipt and all the critical invoice information is captured and automatically uploaded and transferred into Xero. Receipt Bank eliminates manual data entry and paperwork, meaning you have more time to spend in other areas of the business.

4. All done is secured in the cloud, meaning you can download the information when you need it. And the small monthly cost to have the app is far cheaper than the time it takes to collect and enter receipt information into a system.

5. Vistr Cashflow forecasting requires a lot of time and some expertise. With Vistr, all the complexity is removed. Forecasting your debtor and creditors is no made quicker and easier. It takes into account GST, Superannuation and PAYG, so you don’t need a lot of time to find out your position.

6. The reports are easy to understand, plus you can add your own rules to further assist with cashflow forecasting. Vistr is free and is integrated with Xero. Fantastic tool that is saving a great amount of time for business owners.

7. Workflow Max Another great to tool to track time and money. If you business that is billing on the hour and need to track time, then Workflow Max is a great tool to help you streamline your business. You can track • time, • job numbers • costing

8. Best part of this is that you can invoice clients easily without having to go though time sheets manually and identify the different costing for different products.

9. These are 3 Bookkeeping Add-ons That Will Change Your Life that have been trialling and test my team at iKeep. If you have any questions about these tools or about streamlining your bookkeeping with the cloud, then contact our office or visit our blog on Best bookkeeping software for small business.

3 Must Have Xero Add-ons

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