Xero changes to classic invoicing
Extension of ‘classic’ invoicing to 27 Feb 2025 Xero has announced an update to its invoicing system: the classic invoicing product, initially set to retire, will now remain available until 27 February 2025 to allow a smoother transition to the new invoicing platform. Registering for e-invoicing does not mean you automatically have to send e-invoices. […]
ATO issues warning about false invoicing arrangements
SFCT Alert: Beware of Illegal Financial Schemes Businesses Warned Against False Invoicing Tactics to Evade Taxes and Super Obligations The Serious Financial Crime Taskforce (‘SFCT’) is warning businesses about using illegal financial arrangements such as ‘false invoicing’ to cheat the tax and super systems. False invoicing arrangements may consist of the following: an entity (the […]
Xero add-ons for your business
3 profit-boosting Xero add-ons every business should know about So what add-ons should be on your hit list? In simple terms, an add-on is a piece of technology (usually software) that enhances and customises applications. Here’s a few of our favourite profit-boosting Xero add-ons every business owner should know about. Vend Hailed as the world’s top Point of Sale […]
What you need to know about e-invoicing in Australia
Electronic invoicing, or e-invoicing, has sometimes been touted as a simpler, faster way to get paid. But what options are available? Let’s have a look. If you’re a small business, being paid late is one of the biggest impediments to success. Unpaid invoices crimp cash flow and can make it hard to settle your own […]
5 tips to avoid the summer cash slump
For many businesses summer can be a tricky time for cash flow. In fact, the quiet summer period can be incredibly productive. We hear from Xero’s small business advisory panel who suggest some small changes that can have a big impact on the traditional summer slump in cash. #Tip 1: Don’t get spooked over summer If you’ve […]
