Getting Started on Xero (introduction for new businesses)

Are you considering upgrading your accounting software to Xero or another software platform?

Accounting software like Xero can help you to better manage your finances by automate tasks such as invoicing, reconciling payments, and ….

In this workshop you will learn how investing in your accounting software can transform your financial management while saving time and resources in your business.

Throughout the workshop, Andrew will explain the main differences between Xero and its competitors, so you can choose the best fit for your business. He’ll guide you through using Xero, from keeping records to reconciling your bank accounts and managing invoices and bills.

Plus, he’ll give you tips on how to explore the Xero app store and find partners who can help you make the most of your accounting software. By the end of this workshop, you’ll feel confident deciding which accounting software is right for your business and getting started with Xero.

This workshop will cover:

Introduction to Xero and cloud accounting
Key differences between Xero, MYOB and Quickbooks
Navigating Xero
Record keeping requirements with the ATO
Reconciling your bank accounts
Invoices (and features like reminders, auto-debit), bills (and automating bill entry)
Navigating the app marketplace and working with a partner
Process of getting setup or converted

Presenter: Andrew Erkins

Andrew initially founded Digit to aid small businesses in WA with bookkeeping, payroll, and business app integration. Over the course of eight years, Digit evolved into an acclaimed enterprise, earning the Bookkeeping Firm of the Year award at the 2021 Australian Accounting Awards.

Throughout his journey, Andrew prioritised building meaningful connections, emphasising the importance of aligning with individuals who share values. He stresses the significance of hiring like-minded individuals, as well as cultivating relationships within the business community for mutual support and growth.

Andrew advocates for seeking guidance and actively participating in industry events, expanding his knowledge of financial management. His success underscores the value of networking, continuous learning, and leveraging community resources in business development.

Duration: 2 hours

This workshop is presented by the Digital Solutions Program in partnership with Pollinators - CityHive.

Please note by continuing the registration process you acknowledge and agree your information will be shared with the Commonwealth Department of the Treasury and the Commonwealth Department of Industry, Science, and Resources for program evaluation and reporting purposes.