Whether you’re a small business or an advisor working with one, it’s important to know which jobs deliver the best return on investment and which ones need to be reined in. Cue Xero Projects: the simple way to capture, track and report on the time and money spent on each job so you can proactively invoice, make informed decisions and manage your project financials more efficiently – all with one Xero login.
Projects makes it easy to track and understand your numbers
Profitability and time are the linchpin of service businesses and Projects was built with this in mind. It’s geared at businesses with straightforward time and job cost tracking needs and will really appeal to those still fiddling around in spreadsheets, or who find most project management software too complex.
With everything working together in Xero, and real-time information, it’s simplicity that really sets Projects apart:
- Fully integrated with Xero
- Unlimited number of projects
- Supports fixed price and time and expenses invoicing
- Available on iOS on Android
- Assign your actual invoices, bills and bank transactions
- Visibility across all jobs and how they’re tracking
- Monitors budgets and job costs
- Out-of-the-box reporting
- 3 levels of user permissions to manage access levels of your team
- Real-time view of all your Projects in one place
If your job costing and tracking needs are more complex, watch this space because we’re working on even more awesome functionality. Going forward, everyone from architects, engineers and tradies, larger accounting and legal firms and more can make use of this helpful tool.
Coming in 2018
- Timesheet insights and reporting
- Inform Payroll timesheets from your Project timesheets (later 2018)
- Create projects from your Xero Quotes (later 2018)
Take a peek
Xero Projects is a great tool for small accounting and bookkeeping businesses, and it’s open to all Xero Partners at no charge. You can explore Projects for your own practice using the Xero Practice Organisation – and be sure to invite your clients to try it, too.
Simply pop into the explorer feature in Xero HQ to find clients most suited to Projects. Then flick them an invite directly from the Projects tab in their Xero organisation. If you’re the subscriber, you can enable projects for them right then and there. Not only is this a fantastic way to improve your client’s business, you’ll soon earn partner points for clients using Projects where you hold the subscription.
If you’re a small business with simple costing needs, Projects is likely the perfect solution for you. Simply have your subscriber add Xero Projects to your subscription via MyXero.
Unsure if Xero Projects is right for you? Reach out to your Xero bookkeeper or accountant and let them know you’re keen to learn more. They can help you decide if it’s a good fit, then activate Projects and you’re good to go.
Small businesses and Partners can experience how Xero Projects works before adding it to their plan in the Xero demo company.