Money in, money out; cash flow is important
Do you really want to be sitting there day in, day out, cash flow modelling what’s coming in and what’s going out on your spreadsheet?
Xero gives you the tools to see how your business is performing right now, in real-time, without having to slowly and methodically add everything to a spreadsheet. It works directly with your bank account, so you can be confident the figures you are seeing are accurate.
In addition, you can project your cash flow forward and model what the situation will be in many months’ time. This means you can plan for future investments and purchases and know when your cash flow is expected to spike or trough.
At Essendon Accounts & Tax, our team are all highly experienced with the different aspects of Xero and can help you with your cash flow modelling needs.
Other services to help you
Personal tax returns
Many people find it time consuming and complicated to file their own personal tax return, and still ensure they only pay the right amount of tax.
Capital gains tax
If you sell assets that have increased in value, then you are going to be liable for Capital Gains Tax on the profits.