What is it?
Developed in New Zealand, Xero is a complete online accounting system and business management tool designed to suit the needs of small business. It gives easy access to bank transactions, invoices and reports anytime they are needed and from anywhere in the world.
More specifically, Xero offers a full range of financial data and support from invoicing, managing payables, banking, expense claims, credit notes and contact management through to the preparation of monthly reporting including budget and variance reporting and annual financial accounts. Xero also enables you and your accountant to have access to up-to-date financial information simultaneously, enabling this relationship to work as efficiently as possible.
At Deloitte, we believe that the provision of financial accounting services goes beyond the preparation of financial statements and tax returns into assisting you interpret your financial results to identify key financial business drivers and how they link into your business strategy. A product, such as Xero, with its real-time, multi-user interface means we have accurate, instant information to provide a quick response to accounting and tax queries. We can also help interpret what these results really mean to your business.
Deloitte and Xero
Deloitte will assess whether or not Xero is the right product for your business, and assist with the implementation and any required conversion of your established systems. We also offer training, and ongoing advisor packages dependant on your needs.
Deciding if Xero is right for you
We are able to help assess the suitability of Xero for your business through an initial meeting to review your requirements at no charge.
Implementation and conversion
We can implement a customised Xero product that not only suits your business, but ensures you get the most out of the software. The investment in converting to the new system is not onerous, but will depend on the complexity of your data. For example, the treatment of historical data and the ability to convert your existing accounting system. Once we have spoken, we can provide you with a customised conversion quote.
The level of training will usually depend on the experience of the person using the software. We are happy to discuss your requirements with you.
Ongoing accounting and advisor needs
On an ongoing monthly basis, Deloitte can provide the following services depending on the level of support you require.
Deloitte Virtual CFO
|Perfect for small businesses that just need their compliance taken care of||Perfect for start ups and developing businesses who want bi-monthly accounts to help them run their business||Perfect for fast growing businesses who want the support of a CFO to challenge and help them understand the numbers|
We offer competitive pricing from implementation and conversion through to the provision of ongoing services. Please call us for more information.
To contact us
If you would like to find out more about Xero, please contact our Certified Xero Advisors: