What is Xero Projects and How does Xero Projects work?

Simple way to track profit for your time and expenses for different jobs.

Never miss an expence.

What is Xero Projects?

Xero Projects makes sure you know at a quick glance if you are gaining profit on your time and expenses for jobs you do in your business, you can create invoices with a click of a button, you can separate time and materials, or join them. You can change your mark-up rates and cost rates and it’s integrated with Xero already so all you need to do is add it on and your way.

Who is Xero Projects for?

Any business that completes different jobs that want to make sure they’re making a profit from them.

For example:

• Website designers,

• Marketing professionals

• Accountants

• Any other medium sized professional services or job-based service business.

Pros of Xero projects:

• Easy to set up and use

• Mobile app -where you can add contractors or staff to certain projects through Xero so they can enter their time at different jobs for different tasks on their phone, with adjustable cost rates for each staff/contractor. Stop start timer to track time, or enter start and end hours or total hours.

• Seamless Xero invoicing with a click of a button

• Easy set up as it links to Xero

• Check your profit in real-time; Including what you have left to invoice out, what your profit percentage is, if you are over or under budget for the project

Cons of Xero projects:

• It may not have the best capacity for very large businesses as it's not an all-in-one software due to focusing on accounting more than operations side of the business like planning, employee management or shift scheduling.

• Could be expensive for very small businesses

How do I set up Xero Projects?

Check out Xero Projects video below to see how to work Xero Projects:

If you want to know if Xero Projects is for you or have any questions, book in a coaching call.

Email: contact@ladyadmin.co.nz