Construction Company Bookkeeping For Contractors All Across The USA Including Alaska And Hawaii

What Is Xero Accounting Online And Why Are We Offering It?

Written by Randal DeHart | Thu, Oct 31, 2013

What Is Xero Accounting Online?

 

Xero Accounting Online Is An Established Leader In Accounting Software having been around since July 2006 and has quickly grown to over 200,000 users. Xero Accounting Online has taken a refreshing approach to accounting software by blending the best of desktop accounting software with the comfort and convenience of cloud based accounting software.

Xero Accounting Online Has eliminated the aggravation, cost and hassle of keeping on top of a hosted server environment which is designed to operate the full desktop versions of QuickBooks, Peachtree, Sage or other software solutions. And they have made obsolete some of the less useful online software which was built as a lite version of their desktop counterparts like QuickBooks Online, Wave and FreshBooks.

Do You Look Forward To The Day where you can press a button and know where all your money is because it is stressful to wing it like you are doing now? That day is now with Xero accounting online!

We Will Continue Offering QuickBooks Desktop Version In The Cloud outsourced bookkeeping services since it offers benefits to medium and large construction contractors (4 - 50 employees) that Xero Accounting Online does not.

At The Price Point Intuit Offers The Versions Of QuickBooks including QuickBooks Pro, QuickBooks For Contractors and QuickBooks For Contractors Enterprise no other construction accounting software comes close too offering the robust Job Costing Reports, Work-In-Progress Reports And Tracking (WIP) and hundreds of other combined reports and features medium and large contractors need in order to operate and grow their construction company.

For The Record We Are HUGE Fans Of Intuit the makers of QuickBooks and have used QuickBooks desktop since the first version was released in 1992. In fact in 2005 we migrated to an Intuit Approved commercial hosting environment so we could offer our clients all of the benefits of the full desktop version of QuickBooks accessible online 24/7 and it has been a huge success. The pain point is that we were forced to learn more about the inner workings of a computer server and working with remote technicians than we ever cared to know.

Xero Accounting Online Is The Global Leader in online accounting with over 200,000 paying customers in over 100 countries. Xero’s US headquarters are in San Francisco with satellite offices in Los Angeles, Atlanta, New York, and Denver.

Xero Accounting Online Is Making Small Businesses Better by saving time on back-office processes and giving their advisors the ability to provide higher-value, higher-impact services.

Xero Accounting Online Cloud Platform Approach allows market leading business applications like Expensify, ADP, PayPal, Stripe and Bill.com to integrate seamlessly and major financial institutions like City National Bank to feed transactions directly into the ledgers of Xero Accounting Online users.

Xero Accounting Online Makes Accounting Quick And Painless For Small Businesses Including Contractors

Bank transactions are automatically fed into your accounting software, eliminating the need for manual data entry. Invoices can be created, customized and sent on the fly. All your outstanding bills can be paid at once, with only a few clicks. Xero Accounting Online integrates with over 200 other applications, making it possible to connect all the tools you use to keep your business running smoothly. Our online accounting software frees up time and energy that can better invested in the operation of your business.

Xero Accounting Online And The Cloud

Xero Accounting Online is hosted in the cloud and delivered to their customers via a SaaS (Software as a Service) model. It is accessible anywhere you have an internet or wireless connection. With online accounting software like Xero Accounting Online, nothing needs to be downloaded or installed. No setup fees, upgrade costs, or contracts are required. You simply sign up, login and begin your accounting work anytime, anywhere. If you ever encounter a problem, they offer free, unlimited around-the-clock email support and a comprehensive online help center.

Do You Own A Small Construction Contracting Company?

Perhaps you own a service and repair firm that specializes in plumbing, electrical, HVAC, or maybe a handyman service or someone who does small construction projects that last from a few hours to a few days and you only need to give your customer or client one invoice?

If this describes you then perhaps Xero Accounting Online is a better fit for you than QuickBooks. We offer both Xero Accounting Online and QuickBooks bookkeeping services for construction contractors and have found the dividing line is how you get paid.

QuickBooks Desktop Version In The Cloud Is Best If You:

  1. Take Job Deposits

  2. Have Change Orders

  3. Issue Multiple Invoices

  4. Need Job Costing Reports

  5. Need Payment Applications

  6. Periodic Invoices For Bank draws

  7. Need Complex Construction Accounting Reports

Xero Accounting Online Is Best If You:

  1. Have Simple Jobs With One Invoice

  2. Need Basic Key Performance Indicator Financial Reports

We Make Getting Started With Xero Accounting Online Painless!

Xero Accounting Online Conversion

Do you want to use Xero Accounting Online, but dread moving everything from QuickBooks or some other accounting software? We can do it all for you:

  • Enter all of your year to date transactions

  • Enter all of your Accounts Receivable (Sales)

  • Enter all of your Accounts Payable (Purchases)

  • Previous year end bank, credit card and other account balances

  • Activate your bank and PayPal feeds for downloading into Xero

  • Enter all your customer and vendor contact information

Xero Accounting Online Setup

If you are a new company just starting out, if you qualify we can set up your company in Xero Accounting Online and give you 30 days of Xero Accounting Online for FREE so you can find out if Xero Accounting Online is right for you!

  • Set up your organization in Xero Accounting Online

  • Prepare an application for Tax-ID number, if needed.

  • Set up your Chart of Accounts

  • Connect your bank and PayPal feeds

  • Give you a tour of the system and how it works

  • Provide ongoing virtual CFO support (We are more than bookkeeping services provider!)

  • Contact Sharie 206-361-3950 or sharie@fasteasyaccounting.com

Xero Contractors Bookkeeping Services Online

Our Contractors Bookkeeping Services include:

  • Invoicing

  • Daily reconciliation of bank feeds

  • Weekly reporting

  • Monthly reporting

  • Year-end reporting for your tax preparer

  • Year-end updates and adjustments from your tax preparer

  • Options for payroll

  • Options for time keeping and project management

  • Options for receipt storage

  • Contact Sharie 206-361-3950 or sharie@fasteasyaccounting.com

Pricing Depends Upon the number of accounts, invoicing frequency and number, average daily transactions, number of employees, the amount of business coaching and virtual CFO services you want. We offer MANY other customization options so please ask.

Profitable Construction - Companies have known about the value of outsourced bookkeeping services for a long time and now you know about it too!

We Scan Your Receipts And Invoices link them to Xero Accounting Online transactions where it is appropriate and give you back a CPA-ready packet for your tax return and we provide ongoing Cloud Based Contractors Bookkeeping Services by accountants who understand construction.

Need Help Now?

Call Sharie 206-361-3950

sharie@fasteasyaccounting.com

 

We Are Xero Accounting Experts Specializing In Construction Bookkeeping Services

 

Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. He is the leading expert in outsourced construction bookkeeping and accounting services for small construction companies across the USA. He is experienced as a Contractor, Project Management Professional, Construction Accountant, Intuit ProAdvisor, QuickBooks For Contractors Expert and Xero Accounting Specialist. This combination of experience and skill sets provides a unique perspective which allows him to see the world through the eyes of a contractor, Project Manager, Accountant and construction accountant. This quadruple understanding is what sets him apart from other Intuit ProAdvisors and Xero accountants to the benefit of all of the construction contractors he serves across the USA. Visit http://www.fasteasyaccounting.com/randal-dehart/ to learn more.

Our Co-Founder Randal DeHart - Is a Certified PMP (Project Management Professional) with several years of construction project management experience. His expertise is construction accounting systems engineering and process development. His exhaustive study of several leading experts including the work of Dr. W. Edward Deming, Michael Gerber, Walter A. Shewhart, James Lewis and dozens of others was the foundation upon which our Construction Bookkeeping System is based and continues to evolve and improve. Follow Randal on Google+