How To Spot Items That Cost Too Much At Your Company

Effective pricing could break or make your business. Selling well-established merchandise at a cost similar to competitors is an option for retailers if you wish to attract clients to your business. However, retaining customers frequently implies differentiating yourself on bases besides price. A number of businesses adopt competitive pricing, which denotes the practice of setting […]

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User Roles in Xero: How to Define Them

June 2015 If you have multiple users in Xero, you’ll probably want to restrict them to specific areas of the site. If you were still using a paper accounting system, it’s unlikely that you would let everyone dig through file folders, peer at your checkbook register, or look at other employees’ pay stubs. Xero knows […]

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5 Accounting Warning Signs That Your Business Is In Trouble

Waking to a failed business can be very frustrating. However, there are various warning signs of trouble that could help you take the necessary measures before it’s too late. Gaining a better understanding of your business’s financial performance will help you notice developing trends before a crisis takes place. Here are some red flags to […]

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Use Xero’s Tracking Categories for More In-Depth Reporting

May 2015 Use Xero’s Tracking Categories for More In-Depth Reporting Xero offers numerous ways for you to sort and analyze your financial accounts. Tracking categories provide one kind of insightful filtering. Once you’ve spent some time working with Xero, you realize that your paper-and-Excel system was woefully inadequate. Instead of scribbling notes, hunting for documents, […]

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How To Choose A Bank For Your Small Business

Are you wondering which bank to turn to for your banking needs and financial goals? Selecting a bank goes beyond opening a new account or choosing the branch office closest to your company. Picking a bank for your small business can be a frustrating and overwhelming process. However, it can also affect your success considerably. […]

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Creating Item Records in Xero

April 2015 Creating Item Records in Xero If your business buys and sells products, Xero can help you with the necessary record-keeping. When it comes to keeping track of inventory, product-based small businesses are probably a little envious of companies that sell services. Service companies may have occasional scheduling and staffing difficulties, but they don’t […]

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3 Common Issues with QuickBooks (And How to Fix them)

QuickBooks is a vital business tool. It helps businesses manage their money, pay bills, and employees. The accounting software has become a standard for those who seek a simple means of tracking their business. You can run it on your business or home computers. Alternatively, you could use the online option. Small and mid-sized businesses […]

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Xero Client: Your First Hour with Xero

Your First Hour with Xero Once you’ve gone through the setup process, you’ll be ready to explore Xero’s features – and start entering your company’s records and transactions. If you’ve never used accounting software before – or if you have, and you had a less-than-optimal experience – you’re probably eager to jump in and see […]

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How To Create An Invoice For Your Small Business Client

While invoicing is a significant part of operating a small business, it can be a hassle especially for fledgling startups. This process is essential for small businesses because cash flow is crucial. Small businesses must therefore implement an efficient and accurate invoicing system to ensure they receive payment for the services they provide. You should […]

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Xero – Make Xero Yours: Customize Transaction Forms and Reports

Xero – Make Xero Yours: Customize Transaction Forms and Reports Xero’s exceptional flexibility makes it a great application for countless types of businesses. Here’s an overview of some of your customization options. Clothes come in different sizes and colors. Vehicles come in a variety of makes and models. And there are enough types of mobile […]

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