If you are using Xero then we would be very happy to help you. We have our own conversion software which can take the General Ledger from Xero and transfer it to our in-house system. Once you have typed in a transaction on Xero, all subsequent processing is digital all the way through to the accounts which we prepare for you. If required, we could do your accounts at high speed. We quote a fixed fee in advance based on how long we expect your accounts to take us, which means of course that we should be cheaper. Our enthusiasm for the all-electronic way of doing things can have benefits for everybody! Xero is an Internet-based system which you log on to using a password. You can give your accountant access with a separate password and the accountant can then process transaction details after the year end. Xero has automated daily bank feeds, invoicing, VAT reporting, management reporting, budget and variance reporting, an expense claim system, contact management, multiple currencies, 24 hour access and real-time collaboration with your accountant, reports with links to source transactions, a customisable dashboard and is pay as you go. One thing about Xero we particularly like is that it is easy to download information as a CSV file, process it in an Excel spreadsheet, and then upload it again. You can see from elsewhere on this website how keen we are on using spreadsheets, and we are pleased with the way that Xero interacts happily with Excel when we need to do something extra for our clients. Some Details Xero can take bank feeds, which means that your bank reconciliation is always done automatically. Nothing should be omitted or double-counted. If you have cash transactions such as cash takings, then you will need to set up a cash account in Xero as if it were a second bank account. Please just call it “Cash Account”, or let us know what other name you have given it. The bank sort code for this cash account can be entered as 00-00-00 and the account number can be entered as 00000000. If you have been using the David Porthouse & Co bookkeeping system, then please send it in by e-mail and we will transfer it to Xero using a CSV link after setting up Xero to be able to receive your transaction data. If you wish to issue invoices from Xero, then you might like to read what we say about debt collection. We can help you to choose a letterhead, and then to set it up in Xero as a Docx Template so your invoices and statements make it clear that you are seriously in business. What we do We have a fully computerised system which is summarised in this diagram: Here also is a slide show or video showing how Xero information is processed by us: Click on the arrow to run the video. You may rerun it as often as you wish.