Cloud based accounting
The cloud is where the modern business puts their data. By having your company’s data in the cloud you can access it from any computer or device. Before the cloud, your financial data was only available to you when you were physically at the bank or stuck on a spreadsheet on your computer. With internet banking, your financial data is available anywhere you have an internet connection.
Once Xero is connected to your bank, transactions automatically populate to your admin area, ready for you to reconcile; or when you partner with Xendoo, we’ll do all that for you. Xero automatically imports your bank transactions every business day.
Together with Xendoo you can save hours on admin and just get updates on the financial state of your business. Xero integrates with numerous banks globally so, chances are, your bank is one of them.
Are you a global business? All foreign currency transactions are converted into your local currency in real time. Foreign exchange rates are updated hourly keeping you aware of exactly how gains and losses are affecting your cash flow. Xero also allows you to create invoices using an automatic exchange rate, or you can enter your own rate manually.
Multiple user software
The Xero subscriber, is the person managing the organization’s subscription. As the subscriber you’re the only person with access until you invite another user. You can invite new users at any time.
Your Xero software subscription fees are included within your Xendoo monthly service.
Also, with Xendoo’s convenient online portal and mobile app, data and reports are at your fingertips with an on-the-go CPA team to back them up. Are you at the bank applying for a loan? Your Xendoo team is a touch away.