5 HUGE!! reasons why Xero is SO GOOD for Churches
1. XERO IS EASY
Churches often have difficulty finding willing people with appropriate computer & accounting skills to fill the bookkeeper or treasurer role
| No complicated Software Installations | Xero is completely web-based. Simply login from the Xero website and you have access. Both Mac & PC can be used |
| No updates or upgrades necessary | Xero updates the software every 6-8 weeks. All compliance changes are automatically provided. |
| No Back ups required | Xero runs offsite backups nightly, full backups weekly and transaction log backups of our database every 10 minutes |
| Xero has so many easy to use features | Easy to Navigate around the software Easy to Find information – Searching is very Powerful Easy to enter transactions & reconcile – with features to make doing bookkeeping and accounting easy |
2. XERO IS FAST – SAVES SO MUCH TIME
Church Volunteers are very busy people and often work out of business hours. Churches want to minimize the amount of time on administration without compromising the quality.
| Automatic Bank Feeds | from most major banks – automatically import yesterday’s bank transactions significantly speeds up data entry & reconciling |
| Customizable Bank Rules | automatically and consistently create and code your transactions |
| Bulk Data entry functions | Used with Bank Rules can quickly enter and catch up many transaction in a couple of clicks |
| Repeating Transactions | Xero automatically creates Journal, Sales & Purchases. Invoices can also be set up to be automatically sent to customers – eg for rental properties and weddings (say 2 weeks before the wedding) |
| Find & Recode | Errors or changes in structure can easily be found and recoded in bulk |
| Employee Portal | Employees can see payslips, Payment Summaries, submit timesheets and leave requests |
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Using a Superannuation clearing house which is SuperStream compliant |
| You can go Paperless | Documents can be emailed directly to your Xero account and attached to every transaction – so good for auditors |
| Direct ATO Lodgements | Tax File Declaration forms & Annual Payment Summaries can be lodged directly from Xero |
3. XERO EASILY PRODUCES FINANCIAL REPORTS
Churches need easy access financial reports for the total organization as well as separate ministries, departments and events
| Xero’s reporting | Profit & Loss reports can be pre-produced in many formats |
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Easy to produce financial Reports for ministries, departments, properties & events |
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Almost any Profit & Loss/Balance Sheet format can be produced for internal & external reporting |
4. ACCESS FROM ANYWHERE BY UNLIMITED USERS
Churches may have many people involved in financial management – administrators, bookkeepers, treasurers, Wardens, Parish Councilors, Auditors most in different locations
| Xero can be accessed any where there is internet | Access to your data is possible from any where there is internet. You can use other computers, iPad or smart phones. The Internet does not need to be fast |
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All approved people can have appropriate access: Office administrator, treasurer, bookkeeper, accountant, warden, parish council member & auditors. |
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Appropriate users can see supporting documentation |
5. XERO IS SECURE
Churches are concerned about the security of its data
| Xero security is far more secure than we can possibly achieve ourselves | Xero is committed to the security of our customers’ data and provide multiple layers of protection for the personal and financial information. Our own computers can crash & backups fail. Xero says: “Our software has never been breached and we have never lost any customer data. We invest heavily to protect your sensitive financial information against unauthorised access and system failures, ensuring your data is guarded to the highest level.” Data is encrypted using industry-standard data encryption, multiple layers of firewalls are in place, all access to our data centres and servers is controlled and monitored 24/7, and we perform regular security audits. |