Hero Accounts is an official partner of Xero cloud accounting software.
This equips Hero Accounts to quickly and seamlessly convert your business books and data onto the Xero cloud based
accounting package.

What is cloud based accounting packages?
Think about when you use internet banking. Every time you access this data, you’re using the cloud. The cloud is a platform
to make data and software accessible online anytime, anywhere, from any device. Your hard drive is no longer the central hub.

Problems with traditional accounting software
• The data in the system isn’t up to date and neither is the software.
• It only works on one computer and data bounces from place to place. For example, on a USB drive.
This is not secure or reliable.
• Key people can't access financial and customer details from anywhere
• It's costly and complicated to keep backups (if done at all).
• It's expensive, difficult and time consuming to upgrade the software.
• Customer support is expensive and slow.

Why the cloud and accounting software are the perfect match
• You can use cloud-based software from any device with an internet connection.
• Online accounting means small business owners stay connected to their data and their accountants.
• The software can integrate with a whole ecosystem of add-ons.
• It’s scalable, cost effective and easy to use. In the cloud, there’s no need to install and run applications over a desktop
computer. Instead, you pay for the software by monthly subscription.

The benefits of Xero accounting software
• Online accounting - Log in online any time and see up-to-date business financials – from anywhere.
• Automatic bank reconciliation - Xero imports and categorizes your latest bank transactions. Simply click OK to reconcile.
• Dashboard - See all your bank balances, invoices, bills and expense claims at a glance and add new transactions with a click.
• Smart reports - View and share interactive reports and budgets in real-time – no waiting until the end of the month.
• Inventory - Inventory items speed up invoicing while tracking sales and purchases.
• Easy invoicing - Create professional recurring invoices and receive updates when they’re opened.
• Quotes - Create and manage quotes and easily turn them into invoices when the work is done.
• Invoice Reminders - Get paid easier with Invoice Reminders. Automatically prompt customers when an invoice is due and
remind customers if invoices are overdue.
• Claim those expenses - Handle personal expenses – just review and approve receipts. Take a photo of receipts from your
mobile and it’s saved online.
• Enter bills - Manage your cashflow by scheduling payments and paying suppliers.
• Simple pay runs - It’s easy to track your employee payroll information with Xero’s simple payroll tool. All data is
automatically updated to the general ledger.
• Go mobile - Use Xero’s mobile apps to manage your business while you’re on the move. Reconcile, send invoices and create
expense claims – from anywhere