Xero
Xero is an accounting system designed for small and growing businesses. It connects business owners with their trusted advisers and gives them instant visibility of their financial position. LAR and Associates helps set it up and keep it running cleanly.
The product
As a web-based system, Xero can be accessed from any device with an active internet connection. Invoicing, bills, bank reconciliation, and reporting all happen online, so owners and advisers work from the same numbers.
Bank feeds bring transactions in automatically, and a large marketplace of add-on apps covers needs such as inventory, point of sale, and expense capture.
Getting the start right matters: chart of accounts, tax settings, opening balances, and bank rules decide whether Xero stays tidy or needs constant correction.
Who it serves
Small and growing businesses moving off spreadsheets or a desktop ledger, and their accountants and advisers.
Our consulting approach
We set up the organisation, chart of accounts, and VAT, bring opening balances and bank feeds across, connect any add-ons you need, and train the people who will use it.
Consulting services
Every engagement is scoped to the organisation, but the work usually covers the same disciplines.
- Implementation
- New Xero organisations or moves from another package, with opening balances and bank feeds.
- Configuration
- Chart of accounts, VAT, invoice templates, bank rules, and reporting set up properly from day one.
- Upgrades
- Reviewing the setup as the business grows, including when it is time to move to a larger ERP.
- Training
- Practical training for owners and bookkeepers on invoicing, reconciliation, and reports.
- Support
- Help with reconciliation problems, corrections, and month-end.
- Integration
- Connecting Xero to add-on apps for inventory, payroll, point of sale, and expenses.