Name: iCompass
Address: 84 Hotham Street, Preston, VIC, 3072, Australia
Telephone: 1300 554 948
Price range: $$
Rating: 4.9

Why Xero bookkeeping for small and medium business?

Xero is a comprehensive and easy to use system that changes the way you manage your business financials. Xero is beautiful online accounting software that’s a breeze to use, anytime, anywhere.

Xero provides iCompass with all the information we need to complete your tax and compliance work as well as making it easier for you to manage your day-to-day business financials.

In addition to being a great accounting system, with Xero, you have a great tool to take care of everything from quotes and invoicing, to inventory management, expense reconciliation and even payroll. Mobile and cloud accessibility enable you to run your business both in an office and on the go.

Powerful reporting

Xero also has a simple but powerful reporting dashboard and a range of reporting tools. The reporting functionality gives both you and iCompass real insights into how your business is running. This means that we have the information we need to analyse your business and give you meaningful advice to improve your effectiveness.

What Exactly Does Xero Do?

Xero has all the financial tools you need to run your business in Melbourne;

Tax, Compliance, & Reconciliation

Automatically links and syncs with your bank account

Prepares for BAS and Annual returns with simple and easy reconciliations

Provides iCompass with all the information needed for tax and compliance work

Quotes, Invoicing, & Payments

Takes care of invoicing with online invoices and payment tracking

Lets clients pay invoices online using debit/credit cards or PayPal

Provides a professional template for quotes that convert to invoices

Records payments and reconciles to invoice

Payroll

Handles payroll including super contributions and timesheets

Automatically updates with the latest changes to PAYG tax and super rates

Inventory

Tracks inventory and stock on hand so you can quote with confidence

Cash-flow Management & Reporting

Gives a real time view of your cash-flow

Provides a dashboard and easy to use reporting to keep track of your finances

Convenient

Works in the cloud and operates from desktop and mobile devices

Reconciliations, quotes and invoicing can all be done in minutes

Let’s you run your business on the go

You can find out more about Xero bookkeeping by visiting their website www.xero.com.au

Setting-up Xero

iCompass is an accredited Xero partner in Melbourne. We have chosen Xero as our primary accounting software for our clients because it is powerful, easy to use, and cost effective. It streamlines your business financials, letting us work with you more effectively and efficiently, and provides everything your business needs in one package.

When you choose iCompass and Xero, we will manage the set-up and integration to ensure a smooth transition so you can start enjoying the benefits of iCompass and Xero as quickly as possible.