How do Outsourced Xero Bookkeeping and Accounting Services work?

Cloud accounting has become the new normal for doing accounting and bookkeeping tasks for businesses owing to the outreach of digital technology across the world.

Businesses are looking for effective and faster accounting processes by investing in cloud-based accounting software. But they might find managing in-house accounting services expensive, complex, and time-consuming. Outsourcing to an external partner with a reliable and experienced accounting service provider using cloud accounting software is the best solution. And if you are looking for one, then you are in the right place.

Accounts Junction is a leading outsourced Xero accounting services provider with expertise and experience in Xero accounting software. We provide services starting from migrating your accounts to Xero, setting up your Xero account to using Xero for managing your accounts. With our outsourced Xero accounting services, we help companies to have a better and more in-depth view of their financial transaction for informed decision-making. We also provide outsourced Xero bookkeeping services so our clients have accurate and proper books of accounts from the beginning.

Outsourced Xero Accounting and Bookkeeping services

Accounts Junction provides outsourced Xero bookkeeping services to clients across all industries and or all scales. We work in close association with the client to understand their unique needs and provide a customized solution that fits their business requirements

We provided the following services:

1. Xero accounting and bookkeeping services:

• -Setting up charts of accounts.
• -Recording receipts and expenses.
• -Generation of PO.
• -Verification and recording of vendor’s bill.
• -Creation and sending of online invoices.
• -Payment to vendors.
• -Bank and credit card transaction
• -Adjustment entries
• -Preparation of monthly reports.

2. Xero Bank Reconciliation services:

• Sequencing of checks.
• Reconciliation of balance sheet.
• Reconciliation of bank books with the bank statement.
• Reconciliation of credit card with statement accounts.

3. Xero Accounts Payable Service:

• Scheduling of payments.
• Handling of online bills.
• Approval and processing of payments.
• Processing of batch payments.
• Receipt of bills.

4. Xero Accounts Receivable Services:

• Collection and management of receivables.
• Recording of payments from the customers.
• Creation of AR aging reports.
• Processing of online services.
• Cashflow forecasting and reporting services.
• Recording payments from the customer.

5. Xero Financial Reporting Services:

• Preparation of income and cash flow statements.
• Preparation of general ledger reports.
• Creation and checking of trial balance.
• Management of fixed assets.
• Creation of bank reconciliation reports.

6. Xero Payroll Services:

• Payroll Setup services.
• Calculation of pay of employees and contractors.
• Filing of Sales tax.
• Calculation of payroll taxes.
• Filling out tax returns.
• Direct deposit services.

Why Accounts Junction for Xero Accounting and Bookkeeping Services?

Real view of Cash Flows:

Categorize bank transactions as soon as they flow into Xero every day so that you easily track your cash flows and be tax ready.

Gets your payments faster:

We help to reduce the time to get paid with online invoices with pay now options. With Xero, you can chase payments with automated reminders.

Keeps a close watch on financial health:

Get real-time information:

We help our clients to track the movement of money flowing in and out daily wherever they are, with simple and easy-to-read charts showing up-to-date financial figures.