Xero’s latest updates

Credit Control You can now set credit limits on your contacts, meaning that this function will block an invoice being raised, if your customer has reached their credit limit. The invoice will…

Xero updates

Guide to overseas transactions on VAT returns

The ‘reverse charge’ calculation often causes confusion.  It applies when a UK business buys services from abroad. The basic principle is that the customer deals with the VAT rather than the supplier,…

Xero guide: Corporation Tax

The first key thing to remember is to ensure everything is completed for the month that you are making the Corporation Tax provision for. Here is a checklist to look over before…

Guide for employers: Xero Me and payroll

It is your responsibility as an employer to provide your employees with their payslips each month.  Currently there is no automatic system for this in Xero; your staff are not notified when…