Category: Xero

Reimbursing yourself for out of pocket expenses

Reimbursing yourself for out of pocket expenses

As a business owner it’s not uncommon for you to have to pay business expenses from your personal funds. While we have previously written about the importance of keeping business and personal transactions separate we also know that in reality it happens. Whether it’s...

Working with Petty Cash in Xero

Most businesses deal with Petty Cash at some stage. For the sake of clarity here I will define “Petty Cash” to refer to managing disbursements from a central pool of cash. The following are not meant to be addressed in this article as they are covered elsewhere:...
Fixing Common Bank Reconciliation Problems in Xero

Fixing Common Bank Reconciliation Problems in Xero

The Bank Reconcile screen is one of my favourite places in Xero. It was, and still is, what makes Xero a clear leader over the other cloud-based accounting systems. If used properly it puts an end to unnecessary data entry and reconciliations. But there is always a...

Xero’s Most Valuable Professional

Fuel Accounting is pleased to announce that it’s founder, Peter McCarroll, was awarded Xero’s “Most Valuable Professional” Award at XeroCon 2013 (Auckland).  Peter’s award was for his contribution to the Xero Community where advisors and...
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