We’re still excited about XeroGo and have been enjoying seeing how much of a difference it’s made to our clients already. Because we’ve received several questions from landlords lately, we wanted to create a blog that explains the benefits of Xero Go for landlords. There are plenty of them! Read on to find out why Xero Go could be brilliant for you.
Why should a landlord use Xero Go?
It’s free! Yes, really!
It’s free – making it a very affordable way for smaller businesses to access the powerful tools that Xero provides and that could otherwise be cost prohibitive. Invoicing is the only element that requires a subscription, which is a modest amount. If you’re someone who doesn’t need to invoice, (yes, we’re looking at you, landlords), then you’ll be able to effectively manage your accounts for free on an ongoing basis.
Compliant with Maxing Tax Digital
We know that finding straightforward ways to comply with HMRC filing deadlines and rules is invaluable. It can be a minefield, but it doesn’t need to be that way, especially with the help of Xero Go and a good accountant.
Available wherever you go
With the app, you can handle your finances wherever, whenever. To help speed up payment, there is a ‘pay now’ button that can take immediate payment via Stripe using Apple Pay or G Pay. Imagine how much of a relief it would be to have prompt payment! If that’s not enough, you’ll also be able to track overdue and/or unpaid invoices more easily.
Easy to understand financial dashboard
It gives you a comprehensive financial snapshot – with a business dashboard available at-a-glance from your phone wherever you are, you can stay on top of your business. Information is powerful: it stops you from getting caught out by last-minute nasty surprises. You’ll also be able to view your cash flow along with simple reporting.
Remove the need for paper (scan expenses within app)
You’ll be able to directly scan your receipts (no third-party integration needed), which simplifies and speeds up the management of receipts and expenses. What a time saver! Not just that, but Xero Go can connect directly with your accountant through the Xero partner plan. Direct access to your financial information will enable your accountant to provide more timely, tailored, and informed financial guidance.
How can I get started with Xero Go?
Need help getting started with Xero Go? Feel free to get in touch!