I've been using Xero for six years now, and it's great how few of the fundamental parts of it have changed.
Yes, they've made a few major improvements (probably my favorite still being Find and Recode), but the nuts and bolts of the program are still as simple and straightforward as ever.
My first in a series of "how to" Xero videos centers around reconciling bank feeds for those who are new to Xero. Their entire vision is underpinned by the notion that your financial records can and should be updated every day. Long gone are the days of waiting for a paper bank statement to show up in the mail before you find out whether your records match what the bank says you have. Every morning you can now to log into your accounting software and automatically see what cleared your bank and credit cards the day before.
More than once, our ecommerce accountants have detected fraudulent use of a debit or credit card simply by virtue of the fact that we reconcile our clients' accounts every day and have the presence of mind to ask things like, "Did you really buy plane tickets to Qatar?"
Xero makes questions like this easy. And everyone likes easy.
So, without further ado, I hope you enjoy our video, "How to Reconcile Accounts Using Xero Bank Feeds."
If you'd like more information on Xero, you can check out another one of our blog posts, "Why I Have Chosen to Work with Xero."