Getting Started with Xero

Polaris Tax & Accounting uses Xero as our cloud accounting platform which allows you and our team to collaborate, manage, and update in real-time your business accounting records. This allows all of us to view the same financial information you see and be more proactive in everything we do.

Below are a few key videos we want to share with you, these videos will allow you go gain a better understanding of our system and provide you with the basic information you need to get started. You will notice that Xero is very intuitive. However, if you have any questions regarding key tasks like Creating or Editing Invoices, Creating Bills, Quotes, or generating reports please do not hesitate to contact us and we will be happy to schedule some time to walk you through this powerful system.

The Xero Dashboard

The Xero Dashboard displays all of your most important financial information – so you don’t need to trawl through all of your data to get a clear view of your business. Stay on top of cash flow and see all your bank balances, invoices, bills and expense claims at a glance.

The Xero Profit & Loss Statement

The profit and loss report in Xero accounting software shows your organization’s net income by deducting expenses from revenue for the reporting period.

Sales and online invoicing in Xero

Xero accounting software helps make your sales and invoicing process easy to manage. Even invoicing your clients and getting paid is a fast and seamless process.

Edit Invoices & Bills

This video tutorial shows you how to edit or delete invoices and bills in Xero accounting software. The example used is an invoice – but a bill works in the same way.

Sending Quotes in Xero

With Xero, you can send your customer an online quote, which they accept with the click of a button.