Transition to Xero ? Climb aboard....
Strategies for a successful transition to Xero..... OR come and join the cool kids in accounting!
So you have heard all about Xero and how it is the next BIG thing in accounting software - well you would be correct !
Do you want to get on board – come and play with the ‘cool kids’ of accounting to manage your small business…
A successful changeover needs planning so I gotta ask ….
Are the odds in your favour?
Here is how to tip the balance in your favour to get it right!
Key ingredients
- Clear start date – also known as a conversion date - let’s be sure we get this right from the get go - no confusion - a clear plan
- Manage expectations – what is the end result? – what is the time frame? Who is doing what ?
- Cleaning starting point – garbage in – garbage out - make sure you tidy up the old file before converting
- Harness the power – once you are onboarded– don’t lose momentum – use it – be guided by your bookkeeper or accountant to ensure you are set to succeed.
Now onto the plan :
Stretching
Get the basics nailed -
- bank feeds
- reconciliations
- payroll processing
Flexing muscles
Are the wages balancing ?
Has the super been processed ?
Are you opening balances correct ?
Are we OK ? Time to check in with the experts!
Workout - rinse and repeat
Processing – daily, weekly, monthly – do you have your workout schedule organized ?
Compliance – lodging IAS and BAS – is this planned to be executed by due dates? Who is in your 'corner"?
Super – check it is paid and lodged in Xero
Finally
Manage the emotional - fear, hope and excitement - contain it but let it breathe!
We are here to help you – bookkeepers and accountants can do conversions in their sleep – they are the experts at ensuring you can execute the transition seamlessly!
Harness that power and the odds will always be in your favour
