Xero for Dummies: Simplifying Bookkeeping for Entrepreneurs - Stephanie Crawford  - podcast episode cover

Xero for Dummies: Simplifying Bookkeeping for Entrepreneurs - Stephanie Crawford

Dec 19, 202457 minTranscript available on Metacast
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Episode description

Podcast guest Stephanie Crawford Founder of https://businessheadspace.co.nz/ Chapters

00:00 Choosing the Right Accounting Software

03:34 Maximizing Xero's Potential

06:36 Data-Driven Decision Making

09:40 Understanding Profit and Loss Statements

12:40 Setting Up Your Accounting System

15:36 Cash Flow Management

18:46 Best Practices for Invoicing

21:35 Accounts Receivable and Payable Management

24:20 Recognizing Good Bookkeeping Practices

29:45 The Value of Outsourcing Bookkeeping

31:03 In-House vs. Outsourced Bookkeeping

33:59 Recognizing the Need for a Bookkeeper

37:04 Onboarding and Supporting Bookkeepers

39:05 Understanding Business Reporting Needs

42:44 The Role of Bookkeepers During Crisis

43:45 The Importance of Tracking Financials

44:34 Navigating Payroll Complexity

52:09 Maximizing the Use of Accounting Software