We thought about recycling the famous Game of Thrones line “Winter is coming”, but looked out the window and realised it’s well and truly arrived. Although the season doesn’t do great things for your tan, it does provide the perfect climate for getting your Xero up-to-date; whether than be on the laptop beside the fire, or on the smartphone beneath the duvet. For some winter is also the time to think about your finances for your upcoming summer break, so that also means thinking about tax.
That’s right, it’s time to bring your accounts up to speed again. Before you check out of work mode to head off and honor the Queen this weekend; can you please snuggle up to Xero and sort it out ready for us to start crunching away from Tuesday the 7th of June. Expect Rose to give you a hurry up if it’s looking like a dog’s breakfast next week.
Xero Tip #261562
If you have your fingers in a few pies; ‘pies’ being clients, markets, projects, regions, sites etc, then logically you’d want to know how each pie is cooking. You would want to know if your finger is going to get burnt so you can pull out; and equally, you’d want to know which pie came with sauce so you could focus your efforts there.
As amazing as it sounds, Xero can do this for you through a sweet function called Tracking. It’s easy to set up and can produce some handy pie stats that could help your business. Check it out here, and get in touch if you want a hand setting it up in your own Xero.
Motor vehicles – how much is deductible?
This is a question that has a few different answers depending on your situation.
Missed our last blog post? check it out here.
Your Outside team