Empower your practice with Xero’s new product updates

This content is brought to you by Xero.

Over the last few months, Xero has released a wide range of product innovations. Accountants and bookkeepers can now enjoy powerful new tools and processes such as eInvoicing, enhanced payroll, and more convenient payment methods including bank transfers.

To keep you up-to-date, we’ve launched our ‘What’s new at Xero?’ content hub and will share everything you need to know in a single place. Here, you’ll find all the latest news, technical guides, and videos – a one-stop shop to keep up with our evolving accounting software. 

Here’s a quick look at the key highlights:

1. Simplify compliance with Xero’s tax and accounts production solution
Xero Tax is a cloud based and accounts production and tax filing software. You can quickly compile sets of accounts and tax returns for submission to HMRC and Companies House, using bookkeeping data from your clients’ Xero organisations.

It’s a collaborative tool with a step-by-step workflow, so your team can share the workload (without anyone needing to sign out of the software first). Along with personal and corporation tax, we’re also bringing you partnership tax to serve more clients. Learn more about that here.

2. Enjoy a more integrated practice management experience with Xero Practice Manager
Xero Practice Manager (XPM) is designed to be a complete solution to help run your practice more efficiently. The platform covers jobs, timesheets, invoicing, client management, customised reporting and will soon include powerful client insights.

Easily allocate tasks to your team, set deadlines, and track progress as you go. Receive timesheets from your staff, which can be used to populate client invoices for billable work. And create reports that track metrics that matter to you.

Soon accountants and bookkeepers will also see a new client dashboard with timely insights on the financial health and key metrics of their clients. All the new features of this integrated Xero Practice Manager and Tax experience are live now in beta. Learn more here.

3. Ease the payroll burden for clients with one simple system

We know how complex managing multiple client payrolls can be. Our latest update to Xero Payroll makes this easier. You don’t need to dip in and out of each Xero organisation to get the necessary information. Instead, you have a clear view of all clients with our new Payroll manager (currently in beta).

This tool gives you a simple way to view payroll data across your client base. By centralising all client jobs, Payroll manager will save you time — making it quicker and easier to address and prioritise tasks. You have a consolidated view of client pay runs and can clearly see whose payroll needs attention first. Read more here.

A single place for all the latest news and innovations

Keeping up with changes in your software is no small task. It’s easy to spend hours researching new developments without deciding what to introduce to your practice. That’s why we’ve launched our content hub – one place to learn about innovations to Xero’s accounting software.

Take a look at our content hub to learn about more upcoming product changes, such as our upcoming Tap to Pay feature, or our conversational interface Jax (Just Ask Xero) powered by genAI. We’ll share the essentials of how to empower your practice, now and in the future.

Go ahead and browse our content hub to learn more about the products mentioned above, or book a call with one of our experts if you want to learn more.

This content is brought to you by Xero.

Xero offers a cloud-based accounting software platform for small and medium-sized businesses..