Let Xero take the “Pain” out of purchases
Keeping on top of your cashflow means managing the money going out of your business every bit as much as the money coming in.
So while Xero has put in place a range of features like automated invoice reminders to help you get paid faster, it also facilitates better management of your bills and purchases to make sure you pay your suppliers on time.
Suppliers can even send their invoices directly into your Xero account, for you to handle from there.
Keeping your outgoings organised in this manner means getting acquainted with Xero’s ‘Purchases’ dashboard. Here’s where you’ll find a complete, easy-to-understand overview of your bills and purchase orders.
Options include creating a new one-off bill, a repeating bill or purchase order, with bills able to be saved as draft, submitted for approval or sent off once completed.
The video guide below explains in more detail on how to manage bills and purchases in Xero.
May 2016 – Email Integration
April 2016 – Recurring Sales Invoices
March 2016 – Two Step Authentication
February 2016 – Xero Search
January 2016 – File Storage in Xero
December 2015 – Invoice Reminders
November 2015 – Xero on the go, with Xero Touch
October 2015 – Invoice Payment Terms
September 2015 – Sales Invoice Customisation
August 2015 – Business Performance Review
July 2015 – Cash Coding In Xero
June 2015 – Xero to Xero Billing
May 2015 – Find and Recode
April 2015 – Online Invoicing