Xero and Xerocon 2016

How many of you get excited when the topic of accounting is mentioned? (Crickets…) I know I do, but I will admit to being an accounting nerd. The last few years, I have been using a cloud-based solution called Xero.  It has transformed how I have managed my own business, which is why I get excited to share it with others.  I have been assisting clients make the move to Xero from other platforms or getting them set up with an accounting system for the first time for their new or existing businesses.


Xerocon 2016 - San Francisco, CA

Xerocon 2016 - San Francisco, CA

This past week was Xerocon in San Francisco.  This is an annual gathering of accounting professionals who come together to learn about the direction of the company (Xero), the way technology is being harnessed to provide efficiencies, and share ideas with each other, excited to bring home our learnings to our firms and our clients.  (It was also 40 degrees cooler in San Francisco than back home in Phoenix, so that was another plus!). What I love about Xero is their passion for supporting the business owner.  By harnessing the power of the Internet and mobile technology, we business owners can manage our businesses while also living our lives.  Xero being in the cloud gives you access on whatever device you have available at the moment...computer, tablet, mobile phone.  As a parent of four, I am frequently waiting for someone.  In a matter of minutes, I can log in and reconcile bank transactions or check on outstanding invoices from my clients.  I can even invoice from my mobile device without having to wait to return to my office.  Do you track a lot of expenses on the go?  Xero’s mobile app allows you to snap a photo of the receipt and upload to your accounting system without even being at your computer.  The beauty of Xero is having real-time access to your accounting.  

Our passion is for helping business owners improve their efficiencies.  By improving your accounting efficiencies, you can better plan for tax preparation as well, whether you prepare them yourselves or have them prepared for you.  Over the coming weeks, we will share with you more of what we learned at Xerocon.   Topics to include: structuring an effective cloud platform, managing payroll through Xero, Energy vampires, the power of collaboration, and so much more.

Interested in getting your accounting (business or personal) in order?  Now through August 31, I am offering free account setup into Xero (2016 transactions only) and your first 3 months free.  Imagine getting to January 1 and being ready to turn your information over to your CPA.  No last minute panic and scramble to provide business or personal information.  Don’t miss out on this opportunity!

We look forward to hearing from you.  Comment below if you have questions.

Michele Simphoukham, CPA



Top Ten Reasons to Use Xero

Happy New Year 2016!  January is here and it is a busy month for sure! It is time to organize 2015 information for taxes and also to start fresh for 2016.  Are you satisfied with how your 2015 business or personal financial records were organized?  If not, what are you struggling with?  For 2016, why not consider a fresh approach for your business or personal accounting.

Here are ten reasons why Xero may be a great solution for you

  1. Xero is based in the cloud, so you can access your information from any device with connection to the internet.

  2. Xero offers real-time collaboration with other team members or with your accountant or bookkeeper.  No longer do you need to exchange files and wait for the other person to finish their entries before you can continue working.

  3. The Xero dashboard provides real-time information on account balances as well as other information that is important for your business.

  4. Updates and upgrades are done automatically without you having to purchase new software.

  5. Xero reduces manual data entry by allowing you to create transaction rules which will automatically categorize your transactions.

  6. Xero uses bank-level security to protect your financial information.

  7. Xero integrates with hundreds of other business applications to increase your efficiency.

  8. With Xero, you have the ability to create beautiful client invoices from your computer, smartphone, or tablet.

  9. Xero can also be customized to manage your personal finances.  Often times, our personal finances can be more complicated than our business finances.

  10. Xero is a great tool for managing your rental properties.  By managing income and expenses throughout the year, year-end reporting for taxes is easier.

Contact us if you would like to try a free 30 day trial to see how Xero can help you!

Michele Simphoukham