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Xero

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Solutions

12

Contributors

Xero develops cloud-based accounting software for small and medium-sized businesses. The key features of Xero include automatic bank and credit card account feeds, invoicing, accounts payable, expense claims, fixed asset depreciation, purchase orders, and standard business and management reporting. It offers a free API that enables customers and 3rd-party software vendors to integrate external applications with Xero. It also incorporates a payroll feature for users in the Australian and United States markets. All financial data is stored in the cloud on a single unified ledger, allowing users to work in the same set of books regardless of location or operating system.

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Hi - we are developing an online service to which users will be able to buy subscriptions and purchase additional ad-hoc services. We are weighing up whether to build a subscription management solution or use something like Chargebee.com. Alternatively we could build this logic ourselves and link through to an online accounting package such as Xero. Advice greatly appreciated. PS - we are in the UK and in addition to taking card payments we also need to be able to setup direct debits and are planning to use Go Cardless to achieve this - just something to throw into the mix. Cheers Ed.
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Attached is the spreadsheet I am working on, in the Xero Template worksheet in column Q I have created the following formula: =IF(ISBLANK(A2),"","1")

I works ok but I would rather not see the 1 if A2 is blank, unfortunately i am using the same formula in Column A2 so column Q does thing there is something there. Is there a viable substitute that would accomplish the same thing and avoid having the 1 generated across all records?

Also, in column T I have the following formula: =IF(P2="Product charges",400,501) again it works ok but I am trying to avoid having any numbers show if the fields in column P2 are blank. Column P however has a ISBLANK formula as well.
Amazon-Export-to-Xero-Sample.xlsm
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What do other people using for bookkeeping tools?  I know companies have things like Certify.  There you can snap a photo of your receipts from the mobile app and organize it (date/expense) and it goes straight into the system for approval.  So you don't have to keep physical receipts and papers.  
What about personal or like independent consulting firm.  Is there other free tools like that or cheaper ones?
Please advice.

Thanks.
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I'm looking for recommendations on what a good cloud accounting / erp solution would be.  We want to move off of our Quickbooks platform.   Recommendations would be great.  If the system has manufacturing / inventory aspects that would be fantastic.
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Xero

4

Solutions

12

Contributors

Xero develops cloud-based accounting software for small and medium-sized businesses. The key features of Xero include automatic bank and credit card account feeds, invoicing, accounts payable, expense claims, fixed asset depreciation, purchase orders, and standard business and management reporting. It offers a free API that enables customers and 3rd-party software vendors to integrate external applications with Xero. It also incorporates a payroll feature for users in the Australian and United States markets. All financial data is stored in the cloud on a single unified ledger, allowing users to work in the same set of books regardless of location or operating system.

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