xero inventory control
By Katie Insights • • • • • • • • • • 0 Comments

XERO introduces inventory control and management for your business

We were ‘born in the Cloud’ which continues to enable an unmatched pace of innovation to the ongoing benefit of our customers. Our fast SaaS model has delivered over 150 new features and improvements so far this year,

said chief product officer Angus Norton.

Our latest innovations allow customers to manage cash flow through effective stock management, easily convert new business prospects through online quotes and manage their receipts, expenses and payments.

And CEO Rod Drury said

Today we’ve not only matched most of the features of traditional desktop software, but taken it beyond in terms of ease-of-use, mobility, value and performance. This is about ensuring more small businesses have the opportunity to succeed through a constant wave of innovations.

XERO release their brand new inventory control management upgrade available to all today, well within the 90 day timeframe that managing director Chris Ridd had informed iTWire that they would. This latest upgrade to the XERO platform may just be the final blow to the cloud accounting market place – leaving their competitors laps behind and shaking their head in amazement.

The latest addition to the power packed and intuitive user control features of XERO allows the real time tracking of the quantity and value of stock held by any small to medium sized business. The integration allows very easily items of stock to be added to quotes and sales invoices from within the XERO dashboard. For companies with multiple warehouses and more complex stock control needs there are literally hundreds of XERO approved apps to integrate alongside such as UNLEASHED and other XERO approved partner add-ons.

xero inventory managementTodays release sees XERO allow existing businesses who sell finished products to easily track, monitor, and seamlessly integrate into your accounting records your business stock.

Now, whether you are in the office, or abroad on holiday and only have access to your smart phone, you can login 24/7 and monitor your business inventory in the cloud. Each time you enter a transaction you can see instantly how much inventory you have on hand. You can also at a glance see the average sale price of any item, alongside reporting of the value of your stock holding. In an instant you can see which products are selling well, and which are not. The ramifications on purchasing and promotions are huge for the small business owner, and the power and flexibility of having this information at the touch of a button at any time, anywhere is powerful beyond words.

Flexibility with Tracked and Untracked inventory

XERO makes the distinction between tracked and untracked inventory and you can assign physical tangible stock to tracked, and things like services, drop-ship items, freight and so on can be assigned to untracked for anything you don’t need to keep count of.

With tracked items, Xero does all your inventory accounting for you. We continually update the inventory on your balance sheet so you always know the real-time value of your items. Your cost of goods sold is calculated for you, this allows you to keep an eye on your profit

Look out for even more inventory updates from XERO

XERO are not stopping there. We’ve got a lot planned for future releases, including additional reports, archive of inventory items, setting and managing minimum re-order levels and inventory count (stock take).

Xero added quoting to the system in January, and according to the company “Online Quotes complements Xero’s Online Invoicing capability, enabling small businesses to improve business efficiency and cash flow by making it easier and faster for quotes to be provided and approved on site and online, and for invoices to be sent and paid quickly.”

Xero_Side_by_Side_Files

Last October, XERO, also added the XERO Files online storage feature, that is now enhanced by Side by Side files (pictured above). This functionality allows things such as receipts to be kept alongside and linked to the relevant purchases inside the dashboard.

By Katie Insights • • • • • • • • • • • • 0 Comments

Unleashed Certified Consultant

Now you can let your XERO account become UNLEASHED!

We’re proud to announce that here at A&C Chartered Accountants we are officially an Unleashed Certified Consultant.

unleashed certified partner ukWhat is Unleashed Software and how can it benefit your business?

Unleashed offers Powerful Inventory Management which means you can accurately manage your inventory online in real time for your business. And what’s even better, is we can make your Unleashed setup integrate and “talk” in real time to your XERO accounting software. This means now you can manage your business 24/7 in the cloud and see a true and accurate position of your stock and inventory movements alongside your financial position.

The power of Unleashed combined with XERO means that you can now have a direct communication between all elements of stock control, inventory management, your Point of Sale and your e-Commerce platform.

Unleashed Reviewed

unleashed-1Before we began working with Unleashed, we had already been hearing about the merits and benefits from the many reviews and testimonials online. Unleashed is an online inventory management software. It makes it easy to get accurate costs, margins and stock control. There is a true wealth of positive Unleashed reviews that piqued our interest in the product. When we learned of the power of truly integrating Unleashed and XERO together that was the deal done. We had to become a certified Unleashed consultant and we’re very glad that we have done so.

With a growing number of clients in our portfolio looking for cloud based solutions in the e-commerce field, we highly recommend the power of integrated Unleashed with Xero. Here are just a few platforms that Unleashed integrates alongside:

Magento

XERO

OneSaas

Zeald

Neto

StarshipIt

QuickBooks

Vend

GeoOp

unleashed xero integrationWith Unleashed you can gain powerful and accurate insights into your business performance and analysis of stock data. You can store an unlimited number of stock SKUs in any number of multiple warehouse locations. And you can synchronise inventory across multiple sales channels (website, amazon, ebay, third tier).

This includes raising supplier purchase orders, as well as sales, all beautifully imported real time into your XERO control panel. This means you don’t have to re-enter supplier and customer invoices in Xero or work through the accompanying inventory and cost of goods sold changes. Pilot customers have reported significant savings of time using both Unleashed and Xero together.

Unleashed Integrated with XERO accounting

Unleashed provides online inventory software for Xero, allowing accurate costs, margins and stock control. The two systems integrate so that all information is shared across into your accounting system in real-time. There are over 70 Unleashed Reviews in the XERO Community alone that have awarded Unleashed a 4+ star rating consistently with positive feedback when combined with the power of XERO.

You can read more about UNLEASHED SOFTWARE here, as well as contacting a member of our team at A&C Chartered Accountants to discuss how we can hook up your business with cloud based solutions. We’re here to take the sting out of traditional accounting, while streamlining your processes to help you grow more efficiently and faster.