Cloud Accounting with Xero

Symmetrii Cloud Accounting

Ever wish you could get a better handle on your business finances?

That’s where bookkeepers and accountants come in! A business is like a well-oiled clock. You have to keep it ticking over for the profits to click in. Business owners are the mainspring that provide momentum. But it’s the bookkeepers and accountants who sit between the cogs of business who provide the balance, structure and stability. These days bookkeepers and accountants are high tech, and the role of the bookkeeper is augmented by the BAS Agent, certified by the government to keep you compliant with the Tax Office. The modern accountant, bookkeeper and BAS agent now have new tools to make your life and theirs much simpler.

It all starts with a system of SAAS. SAAS stands for Software As A Service! Software As A Service (SAAS), sometimes referred to as "on-demand software", is a software delivery model in which software and associated data are centrally hosted on the cloud. Cloud computing is accessed by users via a web browser. Cloud Accounting was one of the first uses of SAAS, and is one of the most innovative and flexible applications of SaaS. Instead of having one set of accounts under the control of a bookkeeper you now have an online Cloud system that can be accessed instantly by multiple users, including YOU - the business owner - all the time, from your office, while travelling, or wherever you choose to be.

The difference between traditional forms of bookkeeping accounting and SaaS couldn’t be clearer. Traditional bookkeeping focuses on tax compliance, while SaaS focuses on CASHFLOW. No more a back office function, no bulk loading of work driven by lodgment dates! Traditional processes are Manual. SaaS systems are automated! Traditional User Experience is painful, boring and tedious. SaaS is fun and addictive! SaaS reduces the total cost of ownership, and being Internet based boosts productivity. No need to invest in servers, back-up data, purchase upgrades and tax tables Mobile apps are changing the way we work and access information. FaceBook, Gmail, internet banking. Moving a back office function like accounting to the forefront of your business is the next logical step.

Xero Silver Partner

The Benefits of cloud accounting are immediate and obvious:

  • Automation of common tasks
  • Simplified data entry
  • Financial performance obvious and up-to-date
  • Online collaboration with your accountant and advisors in real time
  • No software installation, upfront costs or additional maintenance
  • Software enhancements free and instantly available
  • Open source system, integration with other applications

Foremost of these cloud computing systems is XERO.

With XERO you can see your cashflow in real-time with online accounting, payroll, invoicing, billing & banking.

Run your business and access your accounts from work, home or on the go. Invite others to view your accounts and provide valuable real-time advice. Your data is completely secure even if your computer is lost or stolen. Collaborate online. Work together as a team on financials. Collaborate with your accountant and bookkeeper to get the advice you need, when you need it. Invite an unlimited number of people for free. You control what each person can see.

It's private and secure! Your data has never been safer. XERO operates multiple redundant servers at tier-one data centres, guarded 24/7/365 and run database backups every 10 minutes. Xero used the same 128bit SSL Encryption standards used by major banks. Offsite backups are run nightly, full backups weekly and transaction logs every 10 minutes. Software updates are free and automatically available when you login. Every 3-6 weeks XERO releases innovative new features and enhancements based on ideas from our customers. Always up-to-date. All your invited users have access to the latest version of your financial data. You never need to worry about installing software or files getting corrupted and being out-of-date. You can work on any system – Mac, Windows or Linux. Plus, there’s a mobile version designed for smart phones like iPhone, Android and Blackberry. With XERO, it's a pleasure doing business. Symmetrii was one of the early adopters of XERO and we can offer you a demonstration and show you the future for you right in your own office or workplace!