Xero – Add Opening Balance to Bank Account, Credit Card, PayPal

Xero – Add Opening Balance to Bank Account, Credit Card, PayPal

After setting up a bank account, credit card or PayPal account in Xero, you may need to add the opening balance of the account before importing the transactions. This is done through Xero’s conversion balance settings. In this tutorial, we will add opening balances for a newly set up bank account, credit card and PayPal…

Xero Payroll – How to Add a Self Managed Superannuation Fund (SMSF)

Xero Payroll – How to Add a Self Managed Superannuation Fund (SMSF)

In this tutorial, you will learn how to add a self-managed superannuation fund (SMSF) in Xero payroll. To achieve this, we will set up an SMSF in Xero’s demo company. To add a self-managed superannuation fund, first go to the Superannuation tab of the payroll settings area: Go to Settings → Payroll in the main menu. Click on the Superannuation tab….

Xero Payroll – How to Add a Regulated Super Fund

Xero Payroll – How to Add a Regulated Super Fund

In this tutorial, you will learn how to add a superannuation fund in Xero payroll. To achieve this, we will set up a regulated super fund in Xero’s demo company. To add a superannuation fund, first go to the Superannuation tab of the payroll settings area: Go to Settings → Payroll in the main menu. Click on the Superannuation tab. If…

Australian Business Number (ABN): Do You Need to Apply for One?

An Australian Business Number (ABN) is an eleven digit number that is unique to your business or organisation. The government, other businesses and organisations, and the general public use your ABN to identify your business. ABNs are issued by the Australian Business Register (ABR) which is a branch of the Australian Tax Office (ATO). Although…