Xero Accountants for Construction Companies

Xero online accounting software gives you greater control over your cash flow, allows you to manage your invoices with ease, and helps you keep track of expenses. Get started with the Xero specialists at Empowered by Cloud.
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What is Xero?

In short, Xero is online accounting software that connects you with your accountant and bookkeeper, giving you real-time visibility of your financial records.

Xero accounting software allows you to easily monitor your cash flow, bank transactions, business finances, and account details from anywhere with an internet connection. It’s ideal for small businesses looking to grow as well as large businesses with complex accounts.

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Xero construction accountants

Why choose Xero as your online accounting software?

Quite simply, Xero is the best accounting software for construction firms and trades.

There are so many things to think about in construction – costing jobs, buying materials, sending invoices, tracking expenses, bookkeeping, payroll, and banking. And that’s before you even get into managing CIS deductions and VAT returns.

Even for a small business, keeping your financial records up to date is challenging. For a larger, well-established business, it can be an absolute headache.

Getting the right accountancy support is the key to your future growth. But getting the right support doesn’t mean engaging the services of chartered accountants and leaving them to manage everything. You need to feel in control of your finances.

Xero allows you to give your accountants and bookkeepers access to your accounts so they can take care of keeping you compliant and up to date. But you still have complete visibility over the day-to-day transactions, bank feeds, and invoices.

Benefits of Xero accounting software

The construction industry is constantly busy and always evolving. Managing your finances can be tough, even if you’re only a small business.

That’s where Xero comes in. Xero can automatically handle tasks that used to take up all of your time. From importing bank transactions to sending invoice reminders and paying your contractors – it can all be done in a few simple clicks.

  • Provides access to relevant, accurate, and real-time financial information
  • Has over 850 integrated apps, so you can tailor the software to fit your business needs
  • Cloud-based, so you can access it from wherever you want, whenever you want, on any device
  • Connects with your bank feeds and will automatically import information from your bank accounts
  • Update your accounts and monitor your business performance from anywhere with an internet connection
  • Completely versatile, offering everything from simple bookkeeping processes to more complex reporting functions
  • Submit tax returns online and comply with Making Tax Digital

What is a Xero accountant?

There are many cloud-based accounting software solutions on the market. While some chartered accountants will be familiar with all the options, most will have a preferred software they recommend to all clients.

A Xero accountant is an accountant that specialises in Xero. They will understand how to use Xero to its full potential and show you how to use it too.

Empowered by Cloud are Xero accountants. Not only that, we are Xero gold partners, which means we are experts in Xero accounting. We can get you set-up, transfer or import your accounting data, and show you how to use it confidently.

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Setting up Xero

Our Xero accountants will get you set up on Xero so you can start accessing all the great features. Our set-up starts with a scoping call where we learn how your construction business works so we can help you get the most from your accounting software. Then we get to work setting you up, including:

  • Linking bank accounts
  • Importing accounting data
  • Setting you up for Making Tax Digital
  • Creating templates for your invoices
  • Integrating the best apps for your needs
  • Setting up payroll and CIS functions
  • Providing full Xero training
  • Automating accounting tasks for increased efficiency

Once you’re up and running, we’re on hand to answer any questions, provide ongoing training and manage your online accounts. You can also find answers to the most frequently asked questions on our blog.

What integrations does Xero accounting software have?

Xero has over 850 integrated apps and can be customised to suit the way you operate. We’ll make suggestions on which apps are most suitable in order to help your business run efficiently.

Can you move from Sage to Xero?

Absolutely! You can move to Xero from any of the alternative accounting platforms such as Sage.

There are two ways to move data from Sage to Xero. The first is to do it manually, and the second is to use a conversion tool such as Movemybooks. We can help with both.

Moving all that data and learning a new system might seem like a headache, but we promise you Xero is worth it. And with our help, it takes no time at all.

Why choose Empowered by Cloud as your Xero accountants?

Empowered by Cloud is not your average firm of chartered accountants. We specialise in helping our construction clients grow efficiently, sustainably, and profitably, with a focus on process automation and accounting software.

As well as helping you use Xero to its full potential, we offer a whole range of accounting and bookkeeping services, including managing your day-to-day accounting tasks, payroll, invoices, and credit control.

And that’s not all. We use our in-depth knowledge of the construction industry to offer proactive advice on how to achieve your business objectives.

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What’s included in our Xero accounting services?

All our services are tailored to your business, so you get the support you need. Some of the additional services our accountants offer include:

Performance ratios

This is a self-assessment of a business’s revenue performance and determines how assets are turned into revenue.

Customer activity

Our team can create specialist resources that offer advice on increasing customer activity through sales assessments.

Budget comparisons

Budget comparisons can be very useful as a tool to help predict future financial patterns for your business. A budget comparison can show financial predictions to help meet the expectations of the business in either monthly or yearly comparison statements. These estimates can include everything from accounts receivable payments, budget analysis for future spending, as well as tax planning based on the amount of tax owed and any returns.

Suggestions and predictions

Our accountants provide expert suggestions and recommendations to ensure you can meet your objectives. Whether you’re a small business growing fast or a larger business managing multiple clients at once, we’re here to support and advise you.

Experts in construction accounting services

A generalist accountant may be able to help a construction business keep on top of their accounts, but they won’t have the in-depth knowledge that our specialist accountants and bookkeepers have.

Construction businesses have many financial challenges, and often a generalist accountant cannot provide the range of support services that our team can.

Don’t settle for any old accountant. Get a finance team that is invested in your business success. Get Empowered by Cloud.

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What services do you offer?

Every business is different, so we tailor our packages to suit. Here are just some of the ways we can support you.
Virtual Finance Department

Virtual finance department

Access the skills you need, as you need them, rather than trying to train and sustain an in-house team.

From the everyday finance operations involved in running a busy business to the ins and outs of your company accounts, we ensure you stay HMRC compliant and remain agile.

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Virtual finance director

Your virtual finance director will help you stay on track and achieve your business goals by ensuring you have the information and support you need to make sensible business decisions.

We help you see the bigger picture, safeguard the growth of your business and reduce risk through our expertise.

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Xero set up

Xero set up

If you’re not already using Xero, you should be – it makes managing your accounts easy. We’ll get you set up and feeling Xero confident in no time, and you’ll wonder how you ever coped without it.

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Xero training

Xero Training

We tailor Xero training to the specific needs of your teams and your business. And with our expert knowledge of the construction industry, we know which apps you need to get your business running efficiently.

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Contact Empowered by Cloud today

Financial outsourcing might sound complex, but our virtual finance team make it simple. Get in touch today to discuss how Empowered by Cloud can help you build a more profitable business.
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