Xero Accounting Software

Making Tax Digital is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs – meaning the end of the annual tax return for millions.

As a Xero Partner, KM Chartered Accountants are well-placed to support your transition to cloud-based accounting software, allowing you to access your data anytime, anywhere, from any device.

The key features of Xero include automatic bank and credit card account feeds, invoicing, accounts payable, expense claims, fixed asset depreciation, purchase orders and standard business and management reporting.

Cloud Based

Cloud accounting allows your business to work smarter and faster, providing you with access to real-time accounting information at your fingertips. Unlimited users can be created and assigned permission levels, streamlining communication between accountant, book keeper and client.

Easy Invoicing

Get paid faster, receive updates when the invoice is opened and connect seamlessly with customers through online invoicing. Create professional repeating invoices and schedule bill payments to manage cash-flow. Payments, returns and credits are all tracked automatically.

Comprehensive & Flexible

Over 40 reports cover basic and advanced financial reports: profit & loss, balance sheet, management reports, sales tax return, depreciation schedule, foreign currency gains & losses – all prepared with a single click or completely configurable.

Expense Claims

Easily keep records of your expenses by uploading a photo of each receipt, even on the go. You can mark expenses as billable to a customer as well as reimbursing employees for business costs.

Bank Reconciliation

Connect your bank accounts to Xero and automate transaction matching for easy bank reconciliation. You can reconcile large numbers of transactions, quickly.

Data Security

With industry-standard data encryption, multiple layers of firewalls and 24/7 server monitoring, you can rest assured your details are safe with Xero.