If you’ve decided to move your company to Xero, there is always a transition to make. Here are the main issues to take note of:

Customisation of invoice templates. Xero sends invoices. This eliminates the extra step of entering invoices into your accounting system. But of course, these invoices need to look trusted to your customers, with your corporate look and feel. Also, they need to reflect your existing billing practices.

Opening balances. You need to close the books on your old accounting system and import the opening balances. At the same time, this may be a good time to review your chart of accounts and do a soft audit of your accounting practices, to make sure they keep up with your company’s development.

User access and training. Which tasks are going to be done by whom? Every employee with administrative tasks needs to have the right level of access to Xero, and needs to be trained on how to use the system. While Xero is very user friendly, it’s important to ensure the same practices are followed consistently.

We have done Xero implementations for numerous customers. This means that we are very aware of the best practices in a Singapore context. Would you like us to take care of your Xero implementation? Feel free to get in touch!