Buying your iPhone 4 in Xero

We’re sure that many business owners are thinking about upgrading to a shiny new iPhone 4 over the next few months. Accounting for selling your old 3GS and bringing your new iPhone 4 into the books is a great way to see the power of Xero.

Managing Fixed Assets is an area where people often get stuck in accounting. We recommend leaving your pending asset transactions for your accountant to review each month, but for those who feel adventurous or have black belt Xero skills, you can see that handling fixed assets is a breeze.

You can use the Journal Report to see what’s happening under the hood – all the underlying debits and credits that hit the Xero accounting engine.

Let us know if this is useful.

3 Comments

Ian
July 7, 2010 at 5:14 pm

Anyone want to buy an iPhone??

Chris Dawes
July 7, 2010 at 12:46 pm

nice article…

@Ian yeah right…

Who would want an iphone 4 for business? it’s already obsolete compared to it’s competitors and the signal strength is woeful. When it comes to business, forget anything apple, especially this underwhelming piece of rubbish.

Dane
July 7, 2010 at 7:47 pm

Except if Apple systems are integral to your business – like me as a designer. Anti-Apple much??

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