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A few weeks ago, Xero announced a competition to win 5 tickets, flights & accommodation to Xerocon 2015 in Melbourne. The brief: submit a creative and persuasive reason why you should win.The lure of the challenge could not go unmet, and Anthony Courtney & Sharna immediately started throwing ideas around which grew and grew until they took on a life of their own. Not quite believing any of those ideas would actually get put into place I sat in my dutiful corner seat nodding and smili... More...
By Sharna CouperXero has recently announced a number of exciting new Payroll features, which are coming in their update this month. The feature that we are most excited about is the automatic integration of payroll transactions into your General Ledger. We have found in the past that the process of creating and approving bills for pay runs has been a source of confusion for many of our clients. This new release will mean that once you have posted your pay run, Xero will do the rest for you -... More...
With the new financial year rapidly approaching employers need to be aware of tax and superannuation changes that will affect their employees.Superannuation rateFrom 1 July 2014 the superannuation guarantee rate will increase from 9.25% to 9.5%. For employers using Xero, whose employees are set up to receive the 'statutory rate' of superannuation, this change will automatically be applied for the first payroll after 1 July 2014. If you are using Xero, it is worth reviewing your employee list... More...
Written by Adele WardleyWe are all back in the office after a fun time at XeroCon last week (yes, accountants can have fun!).Xero GrowthXero now has over 200,000 paying customers worldwide with 75,000 of those in Australia. Over 40% of new customers in Australia have never used accounting software before. Growth is continuing at a rapid rate (customer numbers are doubling each year) and Xero expect this growth to increase along a typical bell curve - which means there is still a lot of accel... More...
Written by Adele Wardley. If you employ staff you need to make sure you meet any fringe benefits tax (FBT) obligations. FBT is paid on certain benefits employers provide to their employees or their employees associates in place of salary or wages. The most common types of fringe benefits include motor vehicles, expense payments and entertainment. FBT is separate to income tax and  is based on the taxable value of the fringe benefits provided. Employers are liable to pay the FBT and will rece... More...
Written by Adele Wardley. We know book keeping has traditionally been time consuming and boring, but it doesn't have to be that way any more.Xero is a fantastic product centred around the user (YOU) not the accountant that helps business owners get organised and stay organised with their book keeping and invoicing. Our first xero seminar of 2013 was extremely well attended, so book in quickly for our April session to ensure you reserve your spot. There is no cost to come, and we will provide... More...
Written by Adele Wardley. It isn't very often that I (Adele) think "wow - that's cool". I'm actually a pretty good cynic most of the time (yes, I am an accountant).But, yesterdays release of the iPad app for Vend definitely had me excited - so excited I even watched the promo video twice! I'll leave it to you to decide whether you think it's cool too - check out the new video below. More...