Xero Accounting software is a cloud based accounting system that enables users to work from anywhere in the world, on any computer or mobile device. Its features and functions include but are not limited to the following:
- Banking/cash book
- Sales
- Purchases
- Fixed Assets
- Managing Inventory Items
- Foreign Currencies
- Expenses Claims
- General ledger
Competitive advantage of Xero:
- Live bank feed function to integrate with UOB, DBS and HSBC bank
- Fixed Asset module allows automatic processing of depreciation with various depreciation formulas/methods, also has fixed asset register
- Go paperless function allows softcopy documents to be stored into the accounting system or side by side an invoice or bill.
- Friendly integration with various applications such as inventory systems, CRM systems.
- Allows accounting entries to be saved as draft entry before being approved by the next in line.
- Quotation and Invoice have their own numbering series. eg 20170001 for invoice and 20179001 for quotation.
Our Xero Training course will provide the necessary knowledge, skillset and experience to operate xero accounting software to meet your business requirements.
If your company is in the trading business and handle inventory, you can consider using Million accounting software which can handle complex inventory management requirements.
