January has been Xero's month, with a lot of new features becoming available in 2018. Given that the South African Roadshow was a couple of weeks ago, I also thought a focus on Xero, for this month's newsletter, would be appropriate.
1. Xero Projects
I am sure you have already noticed the new "Projects" button at the top of your screen!
The new project module is a great tool for business owners and has a number of uses. One can now do projects and costings that span over a period of time. Costs such as labour can easily be assigned to a project giving a clear view of profitability.
My favourite feature, of this new module, is that you can now do multiple invoices as part of a whole or "estimate". This gives a nice view of what has been invoiced and what still needs to be invoiced. We are currently working on a large implementation for a customer who will most likely be our first customer to adopt this feature. See screenshot below:
If you'd like to try Xero projects, it is free for the first month (for any amount of users), thereafter it's $7 per user per month (for the first user) and $5 for additional users.
2. Xero Expenses
(Please Note: The app has been rebranded as "Xero Expenses" since this video)
Xero Expenses serves a similar purpose to Receipt Bank and it's Xero's way of trying to capture that market share. The concept is basically the same Photo -> Publish -> Bill. Since we all use Receipt Bank I won't go into too much detail about this one.
At the moment the app is free to download and use, but I get the feeling it may become a paid service later. It is now available on the South African AppStore and PlayStore.
3. Xero Shopify Integration
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