Content
Now your invoice has been created and you can click through to it from the message below that is created. As you earn more points, your partner status and rewards increase. When a partner reaches a new level, they’re eligible to get new benefits. When you create a sales invoice in Xero Practice Manager, it’s automatically pushed into Xero.
What is Xero Practice Manager overview?
- Assign work to staff. Allocate jobs and tasks together with due dates.
- Track and invoice time. Record hours worked and convert them to invoices.
- Integrate with Xero. Keep invoices, payments and clients in sync.
- Create customised reports. Run standard reports or build your own.
You can also set up custom-branded documents including quotes, invoices, job briefs, tax letters and engagement letters. Xero Practice Manager helps streamline the management of client jobs, practice workflows, timesheets, and invoicing. The software lets you assign work to staff, track and invoice time, integrate with Xero for invoicing and payments, and create customized reports. We recommend using our partner consulting team to create the optimal setup for your practice. Staff members have several options available for entering time, including the option to enter time directly from the dashboard. Time can also be entered using the timesheet option, or by entering time directly against a client, with date, the job, and the task performed the only information needed.
Connecting to XPM
To help you better understand https://bookkeeping-reviews.com/, you can use Xero Central, Xero’s customer support portal with plenty of information, including start guides and video series. You may also request help by sending an online ticket through the help icon on your dashboard. The report builder lets you create custom reports and filter reports based on the date it was created, who it’s assigned to, and who created the report. Xero Workpapers, which is free with Xero Practice Manager, enables you to streamline the compliance process using templates. You can create working papers and schedule the work that’s needed, such as requesting documents from clients. Your client list shows all contacts, even the ones that aren’t on Xero.
Invoices that flow into Xero Practice Manager against a client or job from Xero, can be brought into a final invoice along with all related jobs to wash up the WIP and create a write on or write off. The purpose of this process is to measure the profitability of your jobs when invoicing on a fixed fee basis. Workpaper packs can be assigned to staff with start and stop dates for a job, and you can also review clients’ trial balances.
IRIS Practice Management
Practices that have 3+ staff and more than 200 clients would benefit from the power of XPM. Xero Practice Manager is free for accounting and bookkeeping practices who have reached silver, gold or platinum status on the Xero partner program. If you’re an existing Xero partner, you can log in and try it free for 14 days. Customize templates to create and assign jobs to staff and look up their schedules using Xero’s practice management software. Xero Practice Manager comes with a variety of standard reporting options, including analysis, performance, and WIP reports.
Is Xero practice manager any good?
Xero Practice Manager is great if you need to streamline client job management and improve practice workflows, invoicing, and time tracking.
The great thing about this book is that you don’t lose all of the knowledge when the expert leaves, like you do with training sessions. For any users of XPM, new or experienced, I expect this to be a must-have tool that will sit on your desk and constantly be referred to. The first thing to do with the Ignition & XPM integration Xero Practice Manager is to get an understanding of how the job deployment works. You can also look at the Practice Management Report at the bottom of the reports page. We strongly recommend washing up your WIP around the key milestones of delivering your core services. For example, if you primarily deliver monthly services, wash up your WIP monthly.