Hello,
Below is working methodology which I generally use for bookeeping:
1. Business Understanding: Understanding of what are bookkeeping requirements of business.
2. Checklist: I shall prepare a checklist of information required from your side so that communication would be in a seamless manner.
3. Entering data and bookkeeping: We shall enter the information into accounting software more than once in a week so that the accounts remain current and updated.
4. Financial and management reports: We shall provide financials to you with stated time which can help you in decision making.
Xero Experience:
I have been working for many clients on Xero and have been managing payroll, receivables, payables, Management reporting, Cashflow, etc. in Xero for various clients.
I have managed various aspects in payroll like PAYG, Super, Leave Calculations, TFN Filing, PAYG Summaries, Commission and bonus Calculations, etc. I have set up many companies on Xero and have prepared a checklist for setting up the client on Xero.
I have worked on various addons of Xero like Fathom and Spotlight for reporting purposes.
I have been using advanced features of Xero like below:
Cash Coding
Payroll processing
Generating custom management reports
Using Xero add ons
Xero Payroll
Find and recode
Importing bank with account code.
Thanks in advance!!
Regards,
Rushabh Shah