Online Accounting With Xero

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Why would you want to even consider using or continue using a conventional accounting system after viewing the above video?

Imagine

No more purchase and installation of accounting software, and best of all, no more massive fees for ongoing maintenance and upgrades. With Xero, you pay a monthly fee based on your requirements and that’s it. No upfront cost and you pay as you go. You, your staff and your external accountant can run your business from a PC, a Laptop or your IPhone. All you need is a Internet connection.

Access Anytime, Anywhere

Your system is available anytime, anywhere on-line with awesome support from us and the Xero team. A small business can have a complete system from as little as $29 per month. If you want us to do the actual Bookkeeping , we can provide that too for a fixed monthly fee which includes the use of Xero.

As you can see, you can practically run you business from you IPhone now.

• Track your finances

• Easily manage your cashflow

• Check bank balances

• Invoice customers

• Upload receipts

All while you are on the go, Xero is the worlds easiest accounting software.

In Summary The Features Are

Xero helps to power small business, their accountants and bookkeepers by offering everything you’d expect from a full accrual accounting system, including invoicing, managing payables & receivables, stock control, banking, advanced reporting, BAS returns, expense claims, payroll and more.

For public accountants,  Xero provides a complete practice management suite, “WorkflowMax”, that integrates with a tax preparation and lodgement module. Just think of all the time you can save when doing your clients year-end tax and lodgement. It even has a full set of compliance reports that can be modified to suite each client.

On-Line Bank Feeds 

Avoid the stress and work of having to manually enter your bank or credit card transactions into your accounting system, with Xero,  you can choose to have your bank or credit card transactions automatically updating your Xero accounting system. Imagine having your transactions automatically appear in your accounts every day. It certainly makes reconciling your Bank and Credit cards a breeze.

How is Accounting in the cloud done?

With online accounting a,  “Cloud” service provider host the accounting system and the data on THEIR own system.  Cloud providers deliver applications via the Internet, which are accessed from a web browser, while the business software and data are stored on servers at a remote location.

Oracle, IBM and SAP all have major initiatives to deliver a broader range of cloud services over the next two years. As Microsoft continues to expand its cloud offering, and these traditional enterprise players expand offerings, users will see competition heat up and enterprise-level cloud services increase.

But How Secure Is My Data?

Here are just some of the security precautions we take.

SSL

Our servers have SSL Certificates signed by global leaders in certificates, Entrust & GTE Cybertrust, so all data transferred between the users and the service is encrypted. The encryption is the same as that used for Internet banking.

User Access

No one has access to your organisation unless invited by you and with a level of user permission selected by you.

User Passwords

Users must choose a strong password and automatic lockouts are enforced when incorrect passwords are repeatedly entered. We don’t allow the browser to save your login, which eliminates access from a stolen or compromised computer. If you leave your computer unattended for an extended period, you will be automatically logged out.

Physical Security

Our servers are located within Rackspace tier-one, enterprise grade hosting facilities. Access is restricted to authorised Rackspace staff by a combination of biometric systems and 24/7 onsite security guards, and is continually audited to meet SAS 70 Type II standards.

Firewalls & Network Security

External access to our servers is controlled by multiple layers of firewalls, intrusion protection systems and routers, which are configured and monitored according to industry best practice.

Third Party Audits and Inspections

Our security is reviewed regularly and audited by external specialists. This includes penetrative testing and automated server port security scanning.

Third Party Access

Transfer of data to any third parties can only occur with your consent and to organisations that provide adequate data protection.

Data Protection

We run off site backups nightly, full backups weekly and transaction log backups of our database every 10 minutes so we can immediately recover your data if necessary.

How is Xero more secure than desktop software?

With Xero your data isn’t stored on your computer – if your laptop crashes, or gets lost, or stolen, all your data remains completely safe and unaffected.

By allowing your accountant or financial advisor to have secure access to your data within Xero, it’s much more secure than emailing your accounting data files or sending out discs with your data on it.

Interested?

Well here is the real good news, you can subscribe to the Xero system from as little as $29 per month and do your own Bookkeeping, or you can let BPOdomain pay for your subscrition plus do all your Bookkeeping/Financial Control for you too. See below for our service rates.