Xero for School Accounting Michelle Taggart Xero Community - PowerPoint PPT Presentation

Xero for School Accounting

Michelle Taggart Xero Community Education Manager Craig McWilliam Executive Officer - Wellington East Girls College Business Manager - Onslow College

○ Who is Xero & what do we do ○ Our benefits for schools in NZ ○ Our ecosystem & business platform ○ Xero Demonstration ○ Case study - Wellington East Girls College ○ Q & A

Who is Xero ?

Single Ledger

7 000 17 , subscribers worldwide

1st accounting experience people Global love Recognised leader 1st 3 markets Responsive and trusted relationship with customers Best in class availability Innovative support model – World class delivering high customer satisfaction Uptime Industry leading resiliency experience 500+ 20% attach rate 40% attach rate across premium editions Ecosystem applications Over 20,000 registered developers

500 +

"Xero has totally ‘revitalised’ our school School’s Say…. accounting and financial practices! We can now make better decisions based-on accurate, up- to-date information. The biggest surprise is how easily staff have made the transition – they have found it straightforward and intuitive! Now we are “Xero has made a significant difference to our school in spending less time but getting better outcomes. a very short time. We have reviewed our internal financial systems and we now have efficient and highly Changing to Xero is one of the best decision effective systems in place. we have made.” Staff have found it very, very easy to use and Roy Sye - Principal understand, very easy to navigate around and have Tamatea Intermediate School, Napier said it requires less work on their part while giving us very up to date financial information. In a word we believe it is brilliant!” Rohan Pearse – Mayfair school, Hastings

Xero Demo • Overview of key features - dashboard, bank rec, invoices & bills • More processing power - bank rules, files & contact groups • Customisable reporting - tracking filters & reporting tools

Let’s take a look….

Case Study - Wellington East Girls College • Drivers for change • Why Xero • Lessons learnt

Drivers for change ● Maintenance and support ● Efficiency and optimisation ● Features ● Compliance ● Cost

Why Xero? ● Mature cloud based product with fantastic support resources ● Inexpensive ● User focussed with an emphasis on reducing re-keying of data ○ Invoice reminders ○ Purchase orders ○ Assign expenses ○ Find & Recode ● Grant your auditor read-only access

Add-ons in action

Reporting

Detailed tracking reports

Customised management reporting

Lessons learnt ● Spend some time with the product ● Consider whether you want to work the way you have in the past or make changes to take advantage of Xero’s features ● Xero files - changes your team’s workflow ● Tracking codes - worth the investment ● Student invoicing - in Xero or SMS?

and …. there’s help

www.xero.com/training

www.xero.com