In this episode of Profits + Prosecco Podcast, I am going to be breaking down why Xero is perfect for bookkeepers and how you can potentially serve more clients when using it. I’ll be sharing all the reasons why I love Xero and the perks that come along with it, so stay tuned to hear all the details!
But before we dive right in, welcome to the Profits + Prosecco Podcast! I’m your host, Katie Ferro, CPA, reformed rule follower, creator of Booked Out Bookkeeper, mom to 3 little ones, and Kajabi enthusiast.
This podcast is for entrepreneurs who desire to change their life through their profitable business, and for bookkeepers and accountants who want to escape the 9-5 and start a simple scalable bookkeeping business like I did.
Bookkeeping increases profits and profits change lives. So pop some bubbles and let me show you how!
In this episode, we’ll be talking all about Zero for bookkeeping and why I prefer it over QBO (Quickbooks Online). For even more juicy details, listen to ALL of episode 37 of the Profits + Prosecco Podcast on your fave streaming platform.
I started out by bringing one client into Xero because the idea of learning a new software seemed really daunting to me. I didn't want to spend any more hours trying to figure out how to do bookkeeping on a different platform.
After listening to a friend and fully hoping on Xero, the learning and the switch were ALL worth it. What I realized was that while learning a new software can be daunting, it's less daunting than if you were to grow your practice without efficient software to support you.
In Xero, you can give your clients the data that they actually care about.
As an example, you can see every single line of money and all the information you need to create your rules around your clients. Xero makes it super easy to accept payments, which is a huge plus.
Another amazing thing Xero does is that it makes a distinction between funds from a bank account and funds from a credit card. Receiving money from online business owners can be complicated on the books but it is 10x easier with Xero!
Xero is constantly rolling out new features and here are some of my favorites:
These features make working with the data a lot more easy and efficient. This program is a lot less “accountanty” because it allows me to give my clients better data, keep their prices down, and keep my profit high.
I hope this episode helps you understand Xero and why it is the perfect software for bookkeepers and aspiring bookkeepers. To learn more about Xero and how you can get started as a partner for free, visit www.katieferro.com/xero! (If you join by August 31st, you’ll get a free seat to a Group Zoom training on how to get your first client in Xero!)
If you enjoyed the episode, please take a second to rate and review. Each review helps us reach and inspire more entrepreneurs and bookkeepers just like you.
Don’t forget to take a screenshot, share it in your Instagram stories, and tag me at @orderlyaccountingbykatie. Cheers to your inevitable success and I’ll see you in the next episode!
I'm a licensed CPA with 10 years of tax and accounting experience, fellow entrepreneur, & mama of three little ones.
I'm highly passionate about helping business owners increase their profits so they can live out their purpose long-term and make serious changes in their lives.
I do this by taking your bookkeeping off your plate, helping you plan for taxes, increase your profits, understand what's working in your business, and allowing you to get back to your true zone of genius.
BUT THAT LEADS TO...
💰Getting hit with hefty penalties and interest
⌛️Wasting your valuable time
🤯Stressing out over handling the mishap
🥴Lacking insight on how your business is doing and thus making poor business decisions.