SETTING UP A BANK ACCOUNT

Once you’ve signed up to Xero, one of the first things you will want to do is set up your bank accounts.

It is very simple to add a bank account in Xero. You can then either manually import your bank statements or you can set up bank feeds so that Xero automatically updates daily.

In this blog we will go through how to set up a bank account, import a statement, and set up a bank feed. In the next blog post we will discuss how to reconcile the bank statement.

BENEFITS OF XERO BOOKKEEPING SOFTWARE | ADELAIDE XERO BOOKKEEPERS

Bookkeeping and financial management has come a long way since the days of stuffing receipts into envelopes and frantically getting them to your accountant the day before your taxes were due. With the invention of the internet it is now possible to manage your finances in real time.

Cloud accounting allows collaboration within your organisation as well as with your accountants and financial advisers. Real time insight means you are always on top of your cash flow and puts you in the driver’s seat of running your business.

Professional Adelaide Bookkeepers

Integral Bookkeeping Solutions utilizes the latest bookkeeping software to make the job of transferring and entering data trouble-free. We have many long-standing customers who know and trust us to handle even their toughest financial challenges. Today’s small business owner understands the importance of working with a skilled professional.

Best Bookkeeping Services Adelaide

Small business owners all have one thing in common: they need expert bookkeeping services Adelaide. Regardless of the type of business you own, it’s important that your bills get paid on time, the payroll is done correctly, and taxes get filed. There are so many important jobs that the bookkeeper handles each week but most of us don’t give it a thought unless something goes wrong. Maintaining your books is about more than just keeping up with the inventory, payroll, bank statement etc. When you know how your business is doing at all times, it can help you make wiser financial decisions.

Searching for Professional Adelaide Bookkeeping?

When trying to choose the right Adelaide bookkeeping service, it’s so important to look for companies that have been around a while and have worked with a wide variety of businesses. The accounting needs and problems in a medical practice can be much more challenging than those in a real estate firm. There are specific bookkeeping tasks associated with every type of business and some simply require more detailed record-keeping.