answersLogoWhite

0

Xero means dry

User Avatar

Wiki User

9y ago

What else can I help you with?

Continue Learning about Accounting

What are some of the best accounting software companies around?

There are a number of good accounting software companies around. Some of the better one's include 'SageOne', 'Harvest', 'Xero', 'WorkingPoint' and 'FreeAgent'.


What accounts payable applications are you familiar with?

I am familiar with several accounts payable applications, including QuickBooks, Xero, and SAP Concur. These platforms typically offer features such as invoice management, expense tracking, and automated workflows to streamline the accounts payable process. Additionally, tools like Bill.com and Zoho Books provide integrations with various accounting systems to enhance efficiency and accuracy in managing supplier payments.


What tools and equipment do chartered accountant use?

Chartered accountants typically use a variety of tools and equipment to perform their duties effectively. Key tools include accounting software like QuickBooks, Sage, or Xero for managing financial records and generating reports. They also utilize spreadsheet applications, such as Microsoft Excel, for data analysis and financial modeling. Additionally, they may use tax preparation software and financial planning tools to assist clients with compliance and strategy.


What types of accounting system are you most familiar with using?

I am most familiar with several types of accounting systems, including cash-basis and accrual-basis accounting. Cash-basis accounting records transactions only when cash is exchanged, making it straightforward for small businesses. In contrast, accrual-basis accounting recognizes revenue and expenses when they are incurred, providing a more accurate financial picture, particularly for larger organizations. Additionally, I have experience with various accounting software, such as QuickBooks and Xero, which streamline financial management and reporting.


Where can I get a Chart of accounts for a real estate broker?

You can obtain a chart of accounts for a real estate broker from several sources, including accounting software providers like QuickBooks or Xero, which often offer templates specific to the real estate industry. Additionally, industry associations such as the National Association of Realtors (NAR) may provide resources or guidelines. You can also find customizable templates online through accounting websites or forums dedicated to real estate professionals. Lastly, consulting with a CPA familiar with real estate can yield a tailored chart of accounts for your specific needs.