Chapter 18

Ten Common Mistakes Made in Xero and How to Avoid Them

In This Chapter

arrow Utilising expert help

arrow Getting your head around differences in terms

arrow Knowing how bank reconciliation autosuggestions work

arrow Keeping in mind when you can perform a period end and when to delete a user account

arrow Storing emails and owning data

arrow 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 ...

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