xero accounting software profit and loss statemnt

Monitor spending - view a record of what your business is spending instantly in one place and make informed decisions about your expenditure Stay on top of your bills - Quickly and easily create a record of money you owe and attach source documents, as a reminder of what needs actioning Manage contacts - Add individual details to personalise contacts and view useful insights, including average days to pay, along with invoice and bill activity

Get more clients - Convert quotes into invoices at a tap of a button, without needing to re-enter information Edit, preview and send via email or a messaging apps of your choice Get paid faster - Create professional looking invoices with ease. Reconcile and categorise bank transactions within seconds Reconcile Bank accounts in a flash - Start the day by knowing exactly where your business stands. It's all automated, so you can get back to business. Create invoices and view outstanding payment history at a glanceĪutomate your CIS Calculations (UK only) - Xero calculates the right amount of CIS deductions on your invoices the moment you create them. Choose when and where you do your tax accounting and stay connected to your small business on the go.Ĭreate Invoices - Unlock cash flow by putting your invoices to work and stay ahead of unpaid and overdue invoices. Running your business from anywhere with confidence is easy with this small business app.

It’s easy to keep track of your unpaid and overdue invoices, purchase orders, bank account balances, profit and loss, cashflow, bank reconciliation, bills to pay and more. As a small business owner, you don’t need to have an accounting degree to use the Xero Accounting app.

Xero accounting software profit and loss statemnt