10 Reasons why you should use XERO Cloud Accounting in Singapore

10 Reasons why you should use XERO Cloud Accounting in Singapore

10 Reasons why you should use XERO Cloud Accounting in Singapore – There are so many reasons to work on your business to improve efficiency. There are also many reasons to outsource your accounting services in Singapore to a reliable accounting firm.

There are many accounting firms in Singapore that have been around for many years.

Just take KCA, we are a subsidiary of Koh Management Pte Ltd that has been in Singapore for 30 over years and serving hundreds of customers from startups to established businesses.

For most business owners, trying something new is not something that they will like to do. Business world requires consistency and having a change is usually hard to swallow but also necessary for business to keep growing and also becoming more efficient in the long run to fight against competitors.

So we are here to start to share with you Reasons why you should use XERO Cloud Accounting in Singapore.


 

1. Able to manage accounts 24/7

The fact that Xero Accounting is an online platform.

This allows you to access them at any time!

Whether you are in bed and wanting to make some last minute checks or decisions.

Or you will like to do it while at the bar at 10pm.

You can access it 24/7 because an online platform does not sleep!

 

2. Able to manage accounts anywhere you are 

The fact that the platform has a mobile application, this makes it awesome for the management of your accounts from anywhere.

You don’t really need to do it from a computer or from your desktop in the office.

You can be at home or at a pub and check how much you have done in terms of revenue for the month.

You could also print reports in PDF from the comfort of your car.

Or why not do it on the beach on your holiday just to make sure everything is going well.

 

3. Issue quotations or invoices the moment you are done with your appointments

The mobile application is the most convenient thing ever.

So with it, you get to really issue your quotation invoice right after you are done with your appointments.

You will impress your customers by how efficient you are when it comes to getting work done.

This will be great for a sales man that is always on the run!

 

4. Updates are pushed to you instantly

Bceause it is an online platform, the updates are often coming in every couple of months.

The good thing is, you do not need to download the patch and patch it manually.

Instead the platform does it themselves and when you log in, you didn’t even know that there are updates done.

You will just get to enjoy new features as they are developed and updates.

 

5. Bank statements are updated automatically

Xero Accounting Software supports bank feed.

Bank feed basically means connecting your Xero Software with your banks information.

The bank will push bank data into XERO every day.

This means you do not need to wait for your bank statements or login into your bank platforms to check what is going on in the bank!

You could also use the bank feed data to save time on bank reconciliation which makes life a lot easier for you or your accountant!

 

6. You get online support if you’re not sure

The fact that the platform is online, you will be able to get access to support if you need it.

24/7 you can chat with the support to find out what is going on.

Then you can solve it along the way to get your accounting done up on time.

 

7. Choice of add-ons to improve efficiency

There are many add-ons to make things more efficient.

Do you have a POS machine and need to gain access to it?

Use a POS machine that has an add-on to XERO and you get daily live updates from the many machines around the country!

There are add-ons that help you to save time scanning and keying in your receipts too.

 

8. You can transit to outsource by transferring account easily

When you are using XERO as a software, you also just need to appoint the accounting services provider through an invitation.

You do not need to use their specific software or insist on yours, they may not be familiar with the software.

You can just pass it along and move on with your life!

 

9. It cost only $20 USD a month 

$20 USD is quite a good pricing for businesses that are just budding.

For small businesses every cent counts and this is a good pricing for start-ups that are cash strapped.

For those that require multi currency, it cost $30 USD a month for the subscription.

 

10. The fees are monthly and not one big sum at a go

Same as point 9, the fact that it is monthly is good for cash flow.

Small businesses will enjoy having not needing to pay $2000 – $5000 for one software that is necessary.

Cash flow is everything for a business.

So a good monthly subscription system is great for a start-up business.

 


If you are require help with your monthly bookkeeping or financial year end closing, speak to us.

We offer sme bookkeeping services on a monthly basis so that you do not need to worry about your year end submissions.

Speak to us also if you require help with any other forms of consultancy needs.

For businesses who require additional help with Corporate Loans, speak to our friends at Avant Consulting.

For businesses that need help with Singapore Mobile App Development, speak to our friends at Originally Us.

For businesses that require help with Singapore SEO Services, speak to our friends at SEO Geek.

For businesses that require help with Corporate Gifts Printing, speak to our friends at Global Asia Printings.

Thank you for reading our article on Reasons why you should use XERO Cloud Accounting in Singapore.

10 Reasons why you should use XERO Cloud Accounting in Singapore

5 reasons small SMEs and Startups choose Xero Cloud Accounting

5 reasons small SMEs and Startups choose Xero Cloud Accounting – Xero Accounting software is now one of the more popular software around the world and in Singapore. There are many reasons why they are preferred and we will now share more about the great features of this software that allows small businesses and startups to thrive and how it will help the businesses that choose this software to do better than the rest in terms of competitiveness and reporting.

 

5 reasons small SMEs and Startups choose Xero Cloud Accounting

 

1. Having the flexibility of location and time

When you use Xero, you can issue you invoices and quotations wherever you are and whenever you want. This is one of the best features. Sales staff are always on the go and there are many requirements that only they are aware of. Customers demand fast response and also fast issuance of documentations.

There are many reasons why you should be fast, you get to close the deal and you give the customers a great impression of your service standards.

The application of Xero allows you to issue your invoices wherever you go!

 

2. Checking cashflow and being paid at a faster pace

You are able to check how much cash you have in the bank and make a decision how to use the money and whether you even have enough to transact in certain businesses. You are also able to allow online payment through payment gate ways such as paypal to get paid faster and easier instead of just using traditional methods of cheques and cash methods. Also with the daily update of the bank statement from banks such as DBS and UOB. You are able to be aware the next day if you’re paid, when you are paid you can use the system to do your bank reconcilation easily and help you to monitor how well or how badly you are doing cash wise.

This prevents over spending and also being in the idea that you know how much cash reserves you have for doing the expansion of your business and also knowing when you are spending too much and need to watch out for it.

 

3. Work with Advisors to get better advise on accounting

Xero Advisors are accountants who are professionals in Xero software and they can advise you not only in how to use Xero to improve your business productivity but at the same time to have you work closely with them to give the best results for your business based on how your accounts are performing.

When you are working on a business sometimes you ignore things that are happening within the numbers and its the numbers that can make or break your business. Most people do not realize that if they do not take a good look at their business, they will end up in debt or be paying too much for something that does not need to cost so much.

This is one good reason why people work closely with advisors to provide them with new insights on their business to help them better manage their whole business as a whole.

5 reasons small SMEs and Startups choose Xero Cloud Accounting

4. Xero is growing as you are growing

Xero is a company that is coming up with new features every new year and there are feedback loops that allow it to continuously grow with the needs of its customers which is you and me. We as advisors are the ones that give feedback on how to better improve our productivity. Same for paying customers, the feedback allows Xero to make tweaks and also add-on features that will better help businesses to do up their accounts and at the same time be able to give a better response to the use of the software.

Xero is funded with a great vision and plan to be one of the leading cloud based accounting software in the world.

We grow with Xero and you will grow with Xero too!

 

5. Affordable and does not increase in cost as you grow

Cost is constant for Xero software and this is one thing that most people will be concern about. The price is affordable and if you use our accounting packages, the prices are actually included within the price and the software price is absorbed by us.

We aim to be affordable and also an one-stop shop for people who require help with their management services needs and this is one thing that many businesses do not realize that they can just go to one place to get everything done up properly.

 


K Cloud Accounting is proud to have become a Bronze Partner of Xero in two months and will strive to work harder for our clients to grow and build their businesses together.

We look forward to working with you and your team to provide you high quality accounting services.

Benefits of using Xero Cloud Based Accounting Software for Bookkeeping Services

Benefits of using Xero Cloud Based Accounting Software for Bookkeeping Services – There are many software that are available for businesses that wish to improve their productivity and generate more revenue and income for their businesses. The best software are those that are convenient to use and able to help you improve your business processes and able to save you time and money overall. We shall now explore some of the Benefits of using Xero Cloud Based Accounting Software for Bookkeeping Services.

Benefits of using Xero Cloud Based Accounting Software for Bookkeeping Services

Benefit 1: Xero Accounting Software updates on a regular basis

Xero accounting is a New Zealand based company which has raised quite an amount of money over the past few years. The company has worked hard to deliver quality functions that most businesses can use for their operations and there has been updates on a regular basis to include more functions as standards.

The most important thing about Xero is that it keeps all its platforms updated as well. So whether its their website or their application, you get the new functions as they are updated.

 

Benefit 2: Xero Accounting Software has multiple platforms for ease of usage

Other than just having the features of the software on the computer screen, Xero also has a multiple function application on mobile allowing you to access quite some features when you are on the go.

For business owners that are starting up, being able to be flexible to run the business is very important. You are able to issue invoices and check the receipts of payments on the go when you are on transport or waiting for the next client, helps you to improve your efficiency and sales.

You are able to take photo of receipts and send them to your accountant immediately, this is really a great feature for most owners to just make records and move on.

Benefit 3: Xero Accounting Software is affordable to most users

If you are not using most of the invoicing feature, it starts from $12 a month. For those who require invoicing features, it starts from $30 a month. This is something that most people dont realize, that the price is great for companies that are just starting up. No high up front cost, you pay the monthly usage fees and you get support all year round when you need them.

The price range is also absorbed by partners or advisor you work with when you run Xero software with this accounting companies.

Benefit 4: Xero Accounting Software is very popular in Singapore with startups

The most important thing about using a software is when most of your other friends are using them. Xero is now one of the most popular cloud based accounting software in Singapore. There are features where you can send invoices and get payment online. With you and some of your customers working on the same platform. The transaction is almost seamless.

You also get support from the strong local team of Xero when you work closely with Xero in Singapore. With a strong presence means they will have to spend more to ensure service standards are strong in Singapore.

Benefit 5: Xero Accounting Software, there is no fear of security problems 

The biggest problem is when you lose your accounting information after they are all entered into the system. This is something that is the worse nightmare for most business owners. Xero has its back up systems to ensure that they are also working strong.

Xero also has 2 factor authorization for you to go through before you can login. Ensuring that unauthorized personnel are not able to access your system data.

 


K Cloud Accounting is a Singapore based Xero Accounting Services firm. We are able to assist startups and SMEs in accounting, tax, corporate secretarial and payroll services needs.

You can find out more on our page: http://kca.sg

 

Benefits of using Xero Cloud Based Accounting Software for Bookkeeping Services