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Xero

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Hi,

So, the time has arrived, apparently, whereby I need to start implementing software akin to the aforementioned title.

Ignoring all of the marketing hype, set by Xero HQ - How does this is all add up, in terms of running a small practice?

1) Xero isn't as cheap as VT - If you've really small clients, how are you factoring in the price of the cloud? Are you switching real terms cash, for time savings?

2) I collect / drop off - or 'tother' way around - paperwork, invoices etc. Is there a need to still do this with Xero? Or is a scanner and a iphone camera enough? I've probably completely misinterpreted the myriad of pretty videos I have seen.

3) If point two is in anyway factually correct - VAT, we all know how important VAT invoices are, these are still checked by yourselves, even if the client enters them into the software? Again, think I'm missing a trick there.

4) Bank feeds - Yep, definitely see an advantage there.

5) Workpapers - I know what working papers / schedules are in yesterdays terms. Xero offers workpapers, do they do as they say? Or am I still using the tried, tested, and loved Excel?

Thank you






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