At Meru Accounting, we are always trying to make things better, work faster, and be more efficient. Since we have been introduced to the Xero bandwagon, we have found exactly what we were looking for, all packed in one software package. Xero cannot be mistaken for just accounting software; it’s a lot more than that, and we have been able to make the most of its powerful features.
list of Xero features we appreciate the most
Find and recode function
It is a feature that was first announced at Xerocon 2015, and it saves you from double data entry. This feature enables you to transform the coding of multiple transactions with a few clicks. It helps you save a lot of time that you spend correcting errors and allocating transactions. Once you use it, you will know why this feature is our favorite.
Auto-reminders for unpaid invoices
Here’s another explanation of the great features of Xero. The software helps your company remind us about unpaid invoices, raise them, and record purchases. It keeps you updated about the account and the outstanding invoices, reducing the requirement to spend much time in bookkeeping and messing with a bunch of papers.
Bank reconciliations
The software gets you feedback from your clients on unreconciled bank issues. You can download the editable PDF and share it. Your client can enter the information in the PDF and send it to you. This successful feedback mechanism helps you save time and increase efficiency. It is linked to the bank feed. It makes bank transaction coding easier, and your business accounts are more frequently updated.
Project reporting and Custom reporting
Another Xero feature we appreciate is that you can create customized project reporting templates easily. You can create one by copying an existing report template, or you can make a completely new one and control access for your staff.
