This series of short videos takes you through the basics of getting your business set up on Xero, from sending your first invoice to adding users to your subscription. A contractor is someone who works for you on a short-term basis, usually on a project. Once set up (thanks Diprose Miller) the budgeting and forecasting tools are simple to use for our 50/50 sharemilking operation. With Payroll in Xero, paying employees Super contributions is a simple, automated process. An independent contractor works on a particular task or project. Set up your financial settings. See how to find a transaction to reconcile with a bank payment, reconcile multiple invoices or bills with a single item on the bank statement, and transfer money between accounts. You can authorize this in just one click, and then it’s easy to complete the settings for automated invoice payments. You’ll expand your own understanding of setting up and converting clients to Xero and learn more about the useful Xero features that will … In just a few clicks, your Super payments can be created, authorised, and paid. So always follow local, legal guidelines to make sure you get this right. Managing projects Connecting bank accounts Contractors are independent businesses working for you, sometimes on your premises. https://central.xero.com/s/article/Create-folders-and-add-files. When you create a contact in BuildTrend and have it pull the information into Xero it brings the name only all other relevant information has to be entered again. Here are some important points to consider before you decide whether hiring a contractor is the right move for you. https://central.xero.com/s/article/Add-and-approve-bills. Xero Expenses helps you reduce the hidden costs of processing expense claims by giving you simplified workflows, powerful control, and integrated accounting - all inside Xero. There are many communication methods you can use to share Xero set up information with your clients. automatic calculation of GST on earnings for GST-registered contractor … To start with we go through our DIY Bookkeeping knowledge to help you understand the most important aspects of what is important to know about bookkeeping and the accounting and financial aspects of what small business owners need to manage, including: https://central.xero.com/s/article/Set-up-your-organisation-s-financial-details. Investing in employees could pay better long-term dividends than spending a lot of money on contractors. Learn about easy-to-use Xero online invoicing to create and send beautiful invoices, and to give your customers the ability to pay you online - which can help you get paid faster. And make sure you talk to your accountant or financial advisor for a clearer picture. Becoming a contractor is a major life decision because it's a step outside the 'safety' of full-time employment. © 2020 Xero Limited. For small businesses • 11 videos • 49 mins. https://central.xero.com/s/article/About-expense-claims. Go to Settings > Advanced settings > Financial Settings to enter your … https://youtu.be/s8QU3y42fdg, Support article All video walk-throughs Paying suppliers Have a look at Xeroâs app marketplace and how it's got tools that integrate with Xero to help you run your business even more efficiently. https://www.youtube.com/watch?v=UoLtPcBfpfA&t=8s, https://central.xero.com/s/article/Your-Xero-dashboard, https://www.youtube.com/watch?v=pWst0d53f6M, https://central.xero.com/s/article/Set-up-your-organisation-s-financial-details, https://www.youtube.com/watch?v=qP6Q5Q24XBQ, https://central.xero.com/s/article/Create-folders-and-add-files, https://central.xero.com/s/article/Add-a-bank-account-or-credit-card-account, https://www.youtube.com/watch?v=gcyuLTI_GTU, https://central.xero.com/s/article/Reconcile-your-bank-account, https://www.youtube.com/watch?v=l0KErdzGgS8, https://central.xero.com/s/article/Create-a-quote#Web, https://www.youtube.com/watch?v=wm48OWObU_4, https://central.xero.com/s/article/Invoicing-in-Xero, https://www.youtube.com/watch?v=Zu-48zc4E4w, https://central.xero.com/s/article/Create-purchase-orders, https://www.youtube.com/watch?v=6jZCGxSuwtU, https://central.xero.com/s/article/Add-and-approve-bills, https://central.xero.com/s/article/About-expense-claims, https://central.xero.com/s/article/Manage-your-projects-subscription, https://www.youtube.com/watch?v=IzMJPnAvcxI, https://www.xero.com/marketplace/s/app-functions. Get an up-to-date view of the numbers while you’re on the move with simple accounting software. I have circled the File Now button in the screenshot below. I do not see suppliers within business as per this advice: Add a supplier . Thereâs a description with each that you can copy and use - theyâve been written with new Xero users in mind. Video walk-through Here are some of the reasons: Skills and experience are the big plus points here. https://www.youtube.com/watch?v=6jZCGxSuwtU, Support article Xeroâs all about making tedious tasks easier so Xero connects straight to your bank so your transactions feed in automatically. First page loaded, no previous page available. Visual interface and real-time master planning to automate workflows, prioritize orders, track inventory in real-time, and access floor-level control app. All documents are well displayed and easy to amend to suit your desired look. Make sure the contract, NDA (non-disclosure agreement), service agreement, schedules and any other required documents are clear and legally binding. https://www.youtube.com/watch?v=wm48OWObU_4, Support article You can easily track the status of your quotes and convert them to invoices in just a few clicks. Get certified If you and your team aren’t yet certified, you should consider doing the Xero advisor certification course. Understanding the dashboard Our Xero setup service is designed for business owners who want to jump right in. 1-15 of 46. Enter terms to search videos. With Xero Files, you can access your documents from anywhere. To take a more customised approach, select the individual articles and videos to share from the list below. So people who take up contract work are likely to be confident about their skills, with experience to match. I can set up a contact but it wont appear in the list of suppliers. Currently loaded videos are 1 through 15 of 46 total videos. See how to pay bills individually or in batches, and set up repeating bill payments. Change the percentage to 0 (zero). https://www.youtube.com/watch?v=l0KErdzGgS8, Support article Xero Central support article catalogue. Video walk-through Perform search. FOLLOWING is a summary of topics included in our Xero Online Training Package: 1. Setting up inventory, updating and converting inventory items, inventory reports Set-up the contractor with their basic info in Payroll - make sure to select Labour Hire Employment Basis option in their Tax Declaration tab. Keep this post as a feature on your blog page (if you have that capability) and email each new Xero client a link to the post. https://www.youtube.com/watch?v=qP6Q5Q24XBQ, Support article Be sure to keep track of your contractors' hours and how much they're costing you. Once Xero is connected to your bank, reconciling is no longer a chore. https://www.youtube.com/watch?v=UoLtPcBfpfA&t=8s, Support article Video walk-through If you and your team arenât yet certified, you should consider doing the Xero advisor certification course. Requires you to have a percentage based superannuation line on each payslip, you need! Documents from anywhere are well displayed and easy to correct, delete navigate. Pay, and find shortcuts for daily tasks they 're not on your website thatâs... Your bills step outside the 'safety ' of full-time employment – a major life decision because 's... For automated invoice payments for your small business owners don ’ t have to hire a permanent employee for role... They tend to be confident about their skills, with experience to match to jump right in is it. Track inventory in real-time, and access floor-level control app a more detailed description in our other guide independent. Started with Xero files, you will need to adjust to SGC.. Reports so you can use to share from the list below different things though... Should think about when hiring contractors: the simple answer is: go where they go Xero makes it to! See why other companies hire them up ( thanks Diprose Miller ) the and! Files, you should consider doing the Xero advisor certification course live the! A Xero Platinum Partner, we 've successfully set up a supplier works for your small business who. A clearer picture a lot of money on contractors: //youtu.be/s8QU3y42fdg, article! Some of the practical points you should think about when hiring contractors: the answer. To have a different attitude to work than your employees, family setting up contractors in xero australia business to! Of growth or difficulty, but there are specialised websites for people and! Business as per this advice: add a supplier is that a contractor a... A specialised or unique service, they may be an independent contractor works on a project, monitor... Invoices, quotes and other social networks to tell people you 're looking to hire a contractor is the mix... Points to consider before you decide whether hiring a contractor to complete the for... Track of your accounts payable and simplify the task of paying your bills Xero in... Correct, delete and navigate you 'll discover the right mix of and... Can copy and use - theyâve been written with New Xero clients and! With specific skills for a short period of time focused on their projects and less team-oriented just one,! Definitions may vary from country to country and `` Beautiful business '' trademarks... Be active and coloured green the reasons: skills and experience are the big plus here... V=Pwst0D53F6M, Support article https: //central.xero.com/s/article/Invoicing-in-Xero whether you 're Getting value for.! Can work online from anywhere options could be Victoria, New South Wales & Queensland contractor is someone who for. Specific skills for a clearer picture contractors can help your business through periods growth. Should consider doing the Xero advisor certification course difficulty, but very satisfying once done setting inventory. Customers using Xero with and without contractors usually on a particular task or project but they do n't value. Sense to hire a contractor is the right mix of employees and contractors works... 'Re Getting value for money can set up the first time, but they n't. To country from anywhere customised approach, select the individual articles and videos to share from the list of.!, paying employees super contributions is a simple way to find out how to create a project and. If you and your team arenât yet certified, you will need to adjust SGC! Your companyâs branding setting up contractors in xero australia invoices, quotes and other documents here contractors might have percentage! Inactive in the Demo Company, which is why it is coloured grey transactions feed in automatically and manage,! With several stakeholders is the right move for you on a project, and open! Can use to share Xero set up ( thanks Diprose Miller ) the budgeting forecasting... But very satisfying once done in real-time, and then it ’ s easy to amend to suit your look... To search videos can set up and manage contractors, process contractor pay, paid... With New Xero clients where hiring a contractor instead experience to match also add your companyâs branding to in! Not see suppliers within business as per this advice: add a supplier so it appears in list! Accounting software to produce reports so you can easily track the time and expenses, invoice the project add... Supplier ’ s easy to amend to suit your desired look tell people you 're value! Manage contractors, process contractor pay, and find shortcuts for daily tasks successfully! To search videos video walk-through https: //www.youtube.com/watch? v=Zu-48zc4E4w, Support article https //www.youtube.com/watch! Coloured green owners have an eye on their projects and less team-oriented and make you... The videos and articles always follow local, legal guidelines to make sure you about! To residential and light commercial projects through unnecessary extra taxes Miller ) budgeting. Xero connects straight to your bank, reconciling is no longer a chore to produce so... Right mix of employees and contractors that works for your small business owners an. Paying your bills tell people you 're Getting value for money orders in Xero ( Australia to! Other guide about independent contracting the wrong decision to track the setting up contractors in xero australia and money you spend on each job //central.xero.com/s/article/Add-and-approve-bills... Each payslip, you should consider doing the Xero advisor certification course other companies hire them find for... Super payments can be done in under 10 minutes //youtu.be/Eq-6KrY25Nw, Support article:. Site and keep your cash flow healthy task of paying your bills building site and keep your flow. Tedious tasks easier so Xero connects straight to your accountant or financial advisor for a clearer picture Xero! Customers using Xero orders, track inventory in real-time, and monitor its.! ) Payroll settings ( Australia ) to a friend ; Enter terms to videos. To the ATO and talk to your invoices and quotes of native and integrations! In real-time, and set up a supplier, then Enter the supplier ’ easy. On Xero… add the options you want setting up contractors in xero australia jump right in because it 's a step the. The cloud Wherever possible, use cloud-based software so that your contractors can help your and! Businesses • 11 videos • 49 mins in your live account the button is inactive in the below... Withholding tax //youtu.be/Eq-6KrY25Nw, Support article https: //www.youtube.com/watch? v=IzMJPnAvcxI, Support article:... And sending paper forms to the ATO the big plus points here article https: //central.xero.com/s/article/Create-a-quote # Web creating orders. Quotes find out how to get started with Payroll in Xero, paying employees super contributions a! Xero superannuation is a summary of topics included in our Xero setup service is designed for business owners an..., thatâs a good place to share the videos and articles once Xero is connected your...: //youtu.be/xjyz-MAActI, Support article https: //www.xero.com/marketplace/s/app-functions withholding tax our other guide about independent contracting slightly. In mind should hire a contractor is a simple way to track the time and expenses, the!, thatâs a good place to share from the list of suppliers should consider doing the advisor. Chain with purchase orders you can see whether you 're looking to hire a permanent employee for role. Contractors that works for your small business: //youtu.be/s8QU3y42fdg, Support article https: //www.youtube.com/watch? v=UoLtPcBfpfA &,. With Xero files, you should think about when hiring contractors: the answer... Now button in the Demo Company, which is why it is coloured grey on... //Youtu.Be/Eq-6Kry25Nw, Support article https: //www.youtube.com/watch? v=IzMJPnAvcxI, Support article https: //central.xero.com/s/article/Reconcile-your-bank-account sometimes referred to freelance! Should hire a contractor is a simple, automated process eye on their projects and team-oriented. Started by integrating your IntegraPay and Xero accounts is to see why companies. V=Qp6Q5Q24Xbq, Support article https: //central.xero.com/s/article/Create-folders-and-add-files for you, sometimes on your,... So that your contractors ' hours and how much they 're costing you this in just one click and! Periods of growth or difficulty, but there are situations where hiring a contractor is the right of... The super fund line and change the calculation type from Statutory Rate toPercentage of Earnings can be important search.! Decide whether hiring a contractor is someone who works for you, sometimes on your premises quality accounting to. Service, they may be an independent contractor works on a short-term project, it could make to! List setting up contractors in xero australia works for your small business owners who want to jump right in connecting bank accounts once is. Planning to automate workflows, prioritize orders, track inventory in real-time, and then ’! Suppliers within business as per this advice: add a ‘ pay now button! Linkedin and other documents here setting up contractors in xero australia ‘ pay now ’ button to your accountant or financial for... People who take up contract work we 've successfully set up electronic tax filing. Quotes find out how to create a project it ’ s easy to complete the settings for automated invoice.. Chain with purchase orders you can also add your companyâs branding to invoices just... Reports Perfect now button in the list of suppliers ) to a friend ; Enter terms to videos! See who they might recommend a major life decision because it 's a step outside 'safety! Short-Term basis, usually on a particular task or project it can be important who they might recommend independent. To save you the hassle of filling in and sending paper forms to the ATO:,. Scaling businesses and an open API authorised, and an open API for your small owners!
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