Xero Cloud Accounting Software
Xero is one of the most popular cloud accounting systems for small and medium-sized enterprises, allowing shop owners to quickly and easily record incoming and outgoing accounts and complete accounting statements/tax returns, etc.
Mshop App is the first officially certified partner of the Xero Cloud Accounting Software in Hong Kong. It uploads online store information to Xero, allowing merchants to quickly handle online store accounting matters.
Functions
Automated Bank Reconciliation
Sales Order
Purchase Order (PO)
Traditional accounting system functions
(Eg: Invoicing, food calculation, taxation…)
Automated Bank Reconciliation
Xero can currently connect to HSBC, Hang Seng Bank and DBS Bank.
Xero will automatically match the online store’s Invoice & PO with the same amount of bank income/expense records, saving a lot of audit time.
Sales Order
Mshop can upload all sales orders to the Xero system.
Customer banks can quickly reconcile payments in batches after receiving Payment Gateway transfers.
Purchase Order (PO)
Mshop can upload all purchase orders to the Xero system.
After customers pay the purchase order amount at the bank, they can quickly reconcile with the corresponding PO.
Traditional Accounting System Functions
- Invoicing / Reporting Function (Create quotation / regularly issue orders)
- Calculate Taxes and Refunds
- Calculate Employee Salaries and Send Electronic Pay Slips
- Fast Processing of Routine / Non-Routine Expense Payments
Learn more about Mshop x Xero Cloud Accounting Software
It’s great to be able to make money online, but spending a lot of time every month worrying about bank reconciliations, calculating salaries, sorting out receipts and expenses, etc. will affect the development of your business. The Xero Cloud Accounting Software can help you organise daily company bills and amounts, and synchronise the,. Online store data can be easily reconciled to the incoming and outgoing amounts, allowing store owners to reduce the annual tax filing problem.
Click now to learn more about Mshop x Xero Accounting Software
