Do you need a virtual finance team?

Many small to medium businesses cannot afford to employ a finance director and a full finance team.  Outsourcing to a team can reduce the cost, increase the efficiency, and indeed reduce the risk (“key person risk”).  Plus, if you work within one business for a long time, you may not know it is broken and what systems advancements etc could …

Charities, Xero and us

Many charities are converting to Xero for their accounting needs, and in this article we set out the benefits of conversion and how we can help. Not-for-profit (NFP) organisations aren’t all that different from typical, for-profit companies. You’re still required to track money in and money out, you need to comply with various rules and regulations, and you’re beholden to …

our rising star

Zoe Lihou was recently nominated for the Digital Accountancy Awards “Best Rising Star” and although she didn’t win, we are celebrating her achievement of making it to finalist. After being nominated, Zoe had to answer some questions for the judges to review, and we loved her answers so we will share some extracts here. Explain what your role is in …

Open Banking and new Xero bank feeds

New EU standards, which came into effect on 14 September 2019, have changed the way some banks connect to Xero. To comply with the new requirements, many of Xero’s bank feeds are being replaced by new direct feeds using Open Banking. Open Banking means you can choose to share your bank account information securely and electronically with companies like Xero. …

Xerocon…what’s it all about?

Xerocon London 2019 provided the ‘all you can eat buffet’ of Apps fluent in Xero cloud based accounting that we have come to expect. The theme this year was a strong focus on ‘communities of purpose’. Like any great buffet – the take away was vast.

The Automatic Bookkeeper: A Genuinely Different Approach to Accounting

I think I’m still in denial about being an accountant—and it’s been my life’s work. I’ve spent my entire career in accounting and the tools that set the industry standard continue to evolve. Nothing ever stays the same, and it’s important to keep up with each new development. Here, on the small island of Guernsey, we have quite a big …

XERO GOLD status achieved – PRESS RELEASE

It’s exciting times for de garis accounting Limited, achieving gold partner status with Xero – the first in Guernsey. Diane de Garis, former FD at Northern Trust, set up the practice in 2014, after a career break to spend time with family.  Di wanted to run her own business and to empower other businesses to become more successful.  The practice …

Bill Green Award for Entrepreneurial Spirit

We are delighted to have been shortlisted for the 2017 Bill Green Award for Entrepreneurial Spirit. The Bill Green Award for Entrepreneurial Spirit is given by the Young Business Group to local businesses which have demonstrated a desire to succeed and the ambition, vision and drive to turn ideas into a successful business. We don’t just see ourselves as entrepreneurs, …

Bank Feeds

Bank feeds let you automatically import account transactions into Xero from your bank or other financial institution. Once bank feeds are up and running, you’ll no longer need to download and import bank statements to get transactions into Xero. You can either use Yodlee feeds or Direct Feeds. Yodlee feeds are a type of bank feed sent to Xero by …

Which timesheet system?

In this blog we are exploring which is the best timesheet system, particularly as a link to Xero.  There are many many options (see Xero apps), but in this blog I plan to focus on just 3 of my preferred apps. WorkFlowMax (also called Xero Practice Manager) www.workflowmax.com – watch the 2 min video demonstrating the system and see the …