Your Profit and Loss is more than just numbers on a page, and if you were to really examine it you will find it provides some really valuable insights into your business. It's often surprising how much you can tell about a business from it's numbers.
They both work with financial data; they’re both essential for managing a successful business. Yet the roles and duties of a bookkeeper and accountant rarely overlap.
Running a business is not easy. If it was then everybody would do it. There is a reason why over 50% of businesses fail within the first 5 years. If you don’t want to be one of those businesses, then avoid these common small business mistakes.
Rex Hutton travels multiple times a year for work, and knows he wouldn't be able to run his business without Xero accounting software.
Hear from a painter, plumber and a tradie service on why they chose Xero as their preferred online accounting software.