Each party can be given appropriate access the system. First “You are the CEO – have factories in Anuradhapura and Polonnaruwa with assistant accountants at each location and a head office in Colombo with a Finance Manager. 3,000) upwards, depending on the usage, Xero can be accessed from anywhere at any time, with all that is needed being an active Internet connection and a computer.Īdditionally, two scenarios have been put forward wherein Xero could prove useful. Meanwhile, with three packages priced from NZ$ 29 (around Rs. Xero allows only designated financial advisors / controllers to input journal entries. It downloads and uploads from Excel easily and memorises coding reducing data entry”. Xero advantages include a monthly fee making it ideal for start ups. It is revolutionising small business accounting, in New Zealand, Australia, the UK and USA. Said to be the “world’s easiest accounting system”, Xero has also been described as an “online accounting system that gives small businesses and their advisors easy access to bank transactions, invoices, reports and VAT”, according to a media statement issued by local partners, chartered accountants Wijeyeratne and Co.įurther “Xero offers small, real time reports, integrated invoicing, corporate grade security and unlimited user logins. A product developed by New Zealand-based Right Click Accountants, Xero is also currently available online to try for free. Web-based accounting software service Xero will be demonstrated in Sri Lanka on Wednesday, December 12, at the Postgraduate Institute of Management, Colombo. Web-based account software Xero to be demonstrated in SL

Xero accounting software in colombo