We’ve got…fixed assets!

It’s great to hear from our accounting partners that by using Xero, they are achieving what we’ve always dreamed of – spending less time cutting the numbers and more time improving them.

Today we’ve raised the bar again, by releasing a fixed asset register within Xero that allows business owners to manage their asset register so that accountants can keep depreciation up-to-date monthly, or annually with minimal work.

This is another example of how the web is changing the way we do accounting.  Managing fixed assets has always been a job done by the accountant at year-end, which means that the business only gets full visibility of their financial performance & position once a year.  By bringing this information into Xero, you are one step closer to having complete numbers at your finger-tips anytime, anywhere.

For accountants this means you can spread the workload for your clients during the year. With the numbers always up to date and accurate (and now including depreciation), year end will be much faster.

Click here to see the detailed help for Fixed Assets.

We’d love to get your feedback.

4 Comments

Jared Roussel
March 3, 2009 at 9:29 am

Thanks for the awesome new features, especially the invoices. Makes me love Xero even more than I already do. Keep up the good work!

Ben Kepes
March 3, 2009 at 9:53 am

Well done team – I got all my assets in and set for 31 March in about 20 minutes this morning (there are only a dozen or so line items but still). And it worked beautifully – kudos

Raza Rizvi
March 3, 2009 at 10:19 am

Great addition, and just as others in my company were asking about how to handle depreciation.

I’ll take the opportunity to thank the support teams (UK and NZ) for not stressing about the suggestions I make :-)

Emily Coltman
March 3, 2009 at 12:42 am

That’s good that – and having read the help, I like the fact that you have to be a Financial Adviser to post depreciation.

M

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