Uncategorized Archives | Advance Accounting

November182024

Streamline tax time: Xero now supports partnership tax in the UK

posted in Uncategorized

We’re excited to announce that partnership tax has arrived in Xero Tax. You can now manage most of your clients’ tax needs – corporate, personal, and ordinary partnerships – in one simple, secure platform. No more juggling multiple tools or battling complicated software. By managing partnership tax in Xero, you can remove some of the… [Read the full article »]

November112024

What’s new in Xero – November 2024

posted in Uncategorized

Welcome to our monthly roundup of what’s new in Xero. This month, we’re excited to share updates designed to save you time, reduce errors, and give you greater flexibility. From duplicate bill detection to streamlined GST reporting, we’ve been busy making Xero even better. So sit back, and read on to learn how these enhancements… [Read the full article »]

November112024

How to tackle the top four challenges of running an agency or firm

posted in Uncategorized

When building a professional services business such as an accounting firm, creative agency, architecture firm or consultancy, there are four common challenges you’ll likely face: managing your ever-growing list of projects, tracking billable hours, getting paid on time and keeping a handle on your cash flow and revenue forecast. Fortunately, if you’re aware of these… [Read the full article »]

November102024

We’re extending the availability of classic invoicing to 27 February 2025

posted in Uncategorized

Earlier this year we announced the farewell of our classic invoicing product to pave the way for something new, and to allow us to build more of the invoicing features you have been asking for, on a single platform going forward. We’re confident that this change is the right move longer term for you and… [Read the full article »]

October302024

XSBI: Are interest rate or income tax cuts benefiting small businesses yet?

posted in Uncategorized

Cuts to official interest rates and income taxes have begun in some countries, with some hoping the changes would help boost consumer spending. Unfortunately, this doesn’t seem to be the case yet for small businesses, according to the latest Xero Small Business Insights (XSBI) data. What cuts have happened? Central banks have been busy in… [Read the full article »]

October302024

Introducing Xero Mentor Match: A mentoring program for industry partners

posted in Uncategorized

There is a growing movement in the accounting industry towards new services and cloud-based tools, in large part due to the talent shortage crisis being felt across the US and Canada. The number of US accountants decreased by around 17% in the last couple of years, and this talent shortage crisis is causing pressure to… [Read the full article »]

October212024

How the Together Project is spreading joy across generations

posted in Uncategorized

“The UK doesn’t really have the practice of living in multigenerational homes that other cultures do. We are one of the most age-segregated countries in the world; as we grow older, we tend to move away from family, forming bubbles of people who are the same age, who think like us and talk like us.… [Read the full article »]

October72024

What’s new in Xero – October 2024

posted in Uncategorized

This month’s Xero product updates include exciting new features and enhancements to streamline your workflows and boost productivity. From rolling out new tools for our accountants and bookkeepers, to improvements to the Xero Accounting app, and tools for managing inventory, Xero’s October updates offer valuable enhancements for both small businesses and advisors alike. Read on… [Read the full article »]

October32024

What new XSBI data tells us about North American small businesses

posted in Uncategorized

How do you think small businesses in your area are doing? New regional and provincial data from Xero Small Business Insights (XSBI) helps track differences in small business performance within Canada and within the US. This data provides a more granular look at each country by sharing a richer, more nuanced perspective when compared to… [Read the full article »]

October22024

How Mutual Muse took circular fashion from trend to timeless

posted in Uncategorized

When you think of ‘circular fashion’ you might think of donating your old clothes and items to local charity shops, or online marketplaces. But what about consignment stores that pay you for your most-loved items and offer credit notes that allow you to refresh your wardrobe at the same time? That’s exactly what Kirsta Hawkins,… [Read the full article »]