Why Keep Your Data in the Cloud?

Rather than being considered as an obscure concept, cloud computing is quickly becoming the norm for small businesses everywhere. A survey conducted in 2015, found that 52% of small business owners had already adopted cloud…  Read more

Tax App – ‘X Tax’

XO Accounting has recently launched a new tax app, able to be downloaded FREE from your App or Google Play Store on both Apple and Android devices. The App has plenty of useful calculators, tools to…  Read more

Insights from your Profit and Loss account

Typically the Profit and Loss account (now more correctly called a Statement of Financial Performance) is one of the easier – if not the easiest – financial document to understand by small business owners. It’s typically presented…  Read more

Bookkeeping Basics for Small Business Owners

Small business owners spend, on average, up to 10 hours each week recording, organising, and processing their financial transactions – everything from accounts receivable and payable, to employee payments, expense receipts and supplier invoices. While…  Read more

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