The latest accountancy news
November 2024
The truth about bank feeds: Busting the top three myths
Bank feeds have transformed how small businesses manage their bookkeeping. Gone are the days of manually comparing bank statements with accounting records. Today, with cloud accounting, you can securely and automatically import bank [...]
What’s new in Xero – November 2024
Welcome to our monthly roundup of what’s new in Xero. This month, we’re excited to share updates designed to save you time, reduce errors, and give you greater flexibility. From duplicate bill detection [...]
Streamline tax time: Xero now supports partnership tax in the UK
We’re excited to announce that partnership tax has arrived in Xero Tax. You can now manage most of your clients’ tax needs – corporate, personal, and ordinary partnerships – in one simple, secure [...]
We’re extending the availability of classic invoicing to 27 February 2025
Earlier this year we announced the farewell of our classic invoicing product to pave the way for something new, and to allow us to build more of the invoicing features you have been [...]
How to tackle the top four challenges of running an agency or firm
When building a professional services business such as an accounting firm, creative agency, architecture firm or consultancy, there are four common challenges you’ll likely face: managing your ever-growing list of projects, tracking billable [...]
XSBI: Are interest rate or income tax cuts benefiting small businesses yet?
Cuts to official interest rates and income taxes have begun in some countries, with some hoping the changes would help boost consumer spending. Unfortunately, this doesn’t seem to be the case yet for [...]
October 2024
We’re ready to support you with Making Tax Digital for Income Tax
As outlined in the autumn Budget, the UK government is committed to delivering Making Tax Digital (MTD) for income tax Self Assessment, which will be mandated in April 2026. We’re pleased that this [...]
Introducing Xero Mentor Match: A mentoring program for industry partners
There is a growing movement in the accounting industry towards new services and cloud-based tools, in large part due to the talent shortage crisis being felt across the US and Canada. The number [...]
Announcing the 2024 winners of the Xero Beautiful Business Fund
We’re thrilled to announce the global and country winners of the 2024 Xero Beautiful Business Fund, who each share in the NZ$750,000 total prize pool. We were blown away by the entries from [...]
Celebrating the South African winners of the Xero Beautiful Business Fund 2024
South African small businesses pack a big punch, and despite facing ongoing challenges, they are resilient, ambitious and optimistic. Supporting and celebrating these businesses is at the heart of why Xero exists, so [...]
Celebrating the UK winners of the Xero Beautiful Business Fund 2024
Supporting and championing small businesses is at the core of our purpose, which is why we launched the Xero Beautiful Business Fund last year. This initiative provides more than £350,000 in funding globally [...]
How the Together Project is spreading joy across generations
“The UK doesn’t really have the practice of living in multigenerational homes that other cultures do. We are one of the most age-segregated countries in the world; as we grow older, we tend [...]
What’s new in Xero – October 2024
This month’s Xero product updates include exciting new features and enhancements to streamline your workflows and boost productivity. From rolling out new tools for our accountants and bookkeepers, to improvements to the Xero [...]
What new XSBI data tells us about North American small businesses
How do you think small businesses in your area are doing? New regional and provincial data from Xero Small Business Insights (XSBI) helps track differences in small business performance within Canada and within [...]
How Mutual Muse took circular fashion from trend to timeless
When you think of ‘circular fashion’ you might think of donating your old clothes and items to local charity shops, or online marketplaces. But what about consignment stores that pay you for your [...]
September 2024
Celebrating Xero success with sixth consecutive Canstar award
It’s an absolute honour to share that Xero has been awarded Canstar’s Most Satisfied Customer Award in the small business accounting software category, for the sixth consecutive year. This recognition is a testament [...]
Four tips to protect your business from cybercriminals
In this increasingly digital age, small businesses are becoming more and more vulnerable to the threat of cybercrime. In particular, there has been an increase in supply chain attacks targeting small businesses. Cybercriminals [...]
A new Xero dashboard to elevate your advisory services
As a busy accountant or bookkeeper, we know you don’t always have time to go through each client’s books to proactively identify issues or opportunities. That’s why we’re thrilled to share that we’ve [...]
Beyond automation: How AI can transform the human side of accounting
I was excited to sit down at Xerocon Nashville recently with Ashley Francis, a CPA with almost 25 years of experience, who has become an accounting expert on using artificial intelligence. Based in [...]
Xero to acquire Syft to enhance reporting and insights capability
We know how important it is for small businesses to have access to powerful insights to help them run their business better, no matter the economic environment they’re facing. To accelerate our mission [...]
Our journey to new invoicing: an update from Diya Jolly, CPTO
I wanted to reach out personally, as we officially retire classic invoicing in November after more than a year of transitioning. While we’re thrilled to introduce even more features on our new invoicing [...]