A new report states that coastal and maritime tourism (CMT) has become a major economic sector for countries with accessible and attractive coastlines. However cruises, resorts and even ecotourism are Blue Tourism activities with critical environmental and social impacts on natural resources and local communities.[Read more…]
Only a few short years ago, I do not believe any of us would have thought we could be watching your kids play soccer while keeping on top of your business’s finances let alone something like Xero?
And doing it ALL from a smartphone in the palm of your hand?
Or that you could be travelling – across town or across the globe – and still be able to securely login to your accounting software and see where your business stands at that precise moment in time?
When running a small business one of the most dreaded and indeed time consuming tasks is looking after your books. This issue can be a nightmare of epic proportions if your small business accounting software is seriously not up to the task.
Some software seems to make an already confusing job even more so, and that’s just got to be the last thing you need when trying to run your business.
If you are running any accounting software that is over 5 years old, chances are you are using up WAY too much of your time ‘doing the books‘. You are in the Dark Ages of accounting software when it was a seriously skilled job to run the systems.
So what is this XERO thing?
Xero is a cloud accounting software that has all the features you need in an easy to understand format.
What is this “cloud” that everyone is wittering about?
Xero is ‘in the cloud’. This means that you can access it wherever you are, provided you can access the internet.
Even better, multiple people can access it at the same time as you without needing to worry about backups and version control.
If you have a problem with a bookkeeping entry, just contact your bookkeeper or accountant and they can see it LIVE can sort it out
If you’re a small business owner, here are 7 reasons you should use Xero to help you run your business.
#1 Work where and when you want to
It’s all about not being tied to a desk all the time!
Whether you want to use your smartphone or tablet, or your PC or Mac, Xero lets you keep on top of your business finances wherever you are.
Xero also works hard to ensure you – and anyone else who needs to access your finances – are working off the same data, wherever you are, whenever you want.
#2 Seamless and simple connection to your bank account
The Xero accounting system takes its information direct from your online banking.
This means that you can never make a mistake typing the numbers in!
It saves bucket loads of time and is much more accurate
#3 Apps that are intuitive and easy to use
XERO was designed as a mobile first experience knowing that we all interact with our phoens more and more nowadays, and not through the desktop.
XERO’s Expense app works on your phone to track expenses (just take a pic of that recipt from the coffee shop or stationery store, and it is automaitclly “read” and entered into your system. No more envelopes of recipts and bills to enter by typing when you get back to your office 🙂
#4 Let XERO do the heavy lifting accounts while you sleep or play
Smart software should be easy to use and also work behind the scenes to help you save time. When set up correctly, XERO auto-magically performs those tedious, repetitive tasks that take you away from doing the things that can add more value to your business.
If you use invoicing, then XERO’s automated Invoice Reminders can do the chasing for you. If your customers take a while to pay you, or you are spending hours chasing overdue invoices, then Invoice Reminders is a must-have. It will automatically send an email to your customers if an invoice is overdue (or about to become due).
#5 Collaborate with your accountants without swapping files and missing anything
We call it the Single Ledger, but think of it as the single set of data that both you and your advisor can work from. This means you’re both seeing the same set of data at the same time.
This saves you from having to export data and send it to your advisor – as soon as you sent it, it’s likely out of date. And as an advisor it saves you the trouble of importing the data into another solution, which not only means you may not be working off the latest information but, because it’s often unwieldy to do, then any problems in a client’s business may not be discovered for months.
What’s more, you’re free to invite your advisors into your file at no additional cost – we make it easier than ever to collaborate with those who matter.
#6 Xero Accounting Software continues to innovate at an amazing speed
Innovation with machine learning and AI is gathering pace following the systems migration to AWS in 2018. But it’s nothing new – over 1,500 updates shipped in the past 12 months from Xero’s global product team.
In 2014 and 2015, Forbes named Xero the World’s Most Innovative Growth Company. And in 2016, Xero Accounting Software recorded over $1 trillion across 450 million transactions.
It is only getting smarter and faster day by day to take more and more of the strain of “the accounts” off your desk, to allow you to manage and work on your actual business.
#7 XERO is actually cool to use
XERO has been designed to be a simple and indeed lovely experience, not by accountants but by User Interface professionals.
Everything Xero does started with design. The product was primarily designed to be easy to pick up and play, so the user experience is beautiful from day one.
Far from the typical accounting software experience, Xero Accounting Software makes day-to-day tasks feel like magic – for accountants in Nadi, bookkeepers and their MSME clients, it’s a pleasure doing business.
So what are you waiting for?
No matter what your business accounting needs are, Xero Accounting Software will undoubtedly be the best choice to provide you with an efficient, simple and reliable cloud accounting software. Want
Do we use it? Heck yes we do, for our multi faceted company needs XERO has been ideal to solve more problems than we even knew we had!
We are XERO Certified Advisers and XERO Migration certified!
Running your business while focusing on growth and managing your financials can be a lot to juggle.
Our services start with the Migration from your current system (be it Excel sheets or full blown Quickbooks) into a new XERO life.
Drop us a line to find out how we can help you migrate to XERO
So we spend a fair amount of time with our SME clients, most of whom are small hotel and resort owners and mangers, trying to explain simply what all the industry jargon is around the online travel selling world.
So lets see if we can run through this with a couple of diagrams, and some simple step by step instructions to explain how this jigsaw fits together[Read more…]
So we’re going to assume you have landed here because you’ve somehow heard the term “hotel booking engine“, and you’re not sure exactly how they work or most specifically, how it would work for your small hotel or resort.
A hotel website’s booking engine is the software application being used to secure online reservations with that ever present Book Now button..
This article contains information about legal frameworks and compliance related to personal data, specifically in relation to the upcoming General Data Protection Regulation (GDPR) from the EU legal eagles. Exciting huh? Yeah, okay so maybe not, but it is vital that you know about it for your business where ever you are based.