Ten Common Mistakes Made in Xero and How to Avoid Them
In This Chapter
Utilising expert help
Getting your head around differences in terms
Knowing how bank reconciliation autosuggestions work
Keeping in mind when you can perform a period end and when to delete a user account
Storing emails and owning data
Understanding the differences between Xero and your old system
In this chapter, I highlight mistakes, myths and misconceptions about working with Xero. And I explain how you can identify and avoid them — ensuring you’re working efficiently and effectively.
Not Making Use of Expert Help
The philosophy behind using Xero is, because it’s in the cloud, you can invite experts to work on your data and provide ongoing advice during the year about your financial position. No longer do you need to wait till the end of the year to speak to your accountant!
So make sure you take advantage ...