September 2020

Xero Shortcuts You Need to Try
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Xero Shortcuts You Need to Try

Accounting, Xero

Xero Shortcuts You Need to Try

By Virtual Heights|2021-10-24T09:53:15+00:00September 26th, 2020|Accounting, Xero|

If you’ve read any of our other posts about Xero, you're probably aware of the time you can save a by linking your bank account to the app. But there are a number of Xero shortcuts that offer even more time savings. Try some of these common Xero shortcuts to reduce your bookkeeping time so you can get back to the part of your business you enjoy the most. Xero Shortcuts for Bookkeeping Bank Rules Bank rules allow you to set parameters on money spent, money received, and transfers. Once a bank rule is set up, Xero will recognize the rule, [...]

How to Ask Your Accountant a Question in Xero

By Virtual Heights|2021-10-24T09:53:15+00:00September 22nd, 2020|Accounting, Xero|

Have you ever wondered how to ask your accountant a question in Xero? If you’re new to Xero, you might have questions as you get started using this amazing cloud accounting app. Even if you’re not new to Xero, you may come across something in your bookkeeping you haven’t seen before or aren’t sure how to properly record. Thankfully, Xero makes it really easy to ask your accountant a question without leaving the app, saving you precious time. But before you can start asking your accountant questions in Xero, you’ll need to make sure your accountant has access to your Xero [...]

Common KPIs and How to Monitor Them in Xero

By Virtual Heights|2021-10-24T09:53:15+00:00September 10th, 2020|Accounting, Business, Xero|

Common KPIs (key performance indicators) are whatever numbers you determine are critical to your business’s success. They can vary depending on your industry and how you run your business. An online marketing company isn’t going to have the same KPIs as an automobile manufacturer. Choosing the right KPIs can be tricky. Start by looking at your financials. Are there any numbers that jump out at you as being way too high or low? If so, you’ll want to keep an eye on those. Do you notice any trends when comparing the same numbers over different time periods? This is something else [...]