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. We are keen 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.
Xero do an online course and tests for accountants, and offer Xero Certified Advisor as a designation which isn’t too easy to get. This gives accountants something to do in February when they are not busy and gives them an introduction to the unfamiliar world of online bookkeeping. You are likely to find that a search on Google such as “xero accountant carlisle” yields more choice than similar searches for other online systems.