Whether you're running your own business, working as a book-keeper or accountant for someone else, or the the IT guy making sure the business has access to the tools they need there's one software category you have to keep in your business' application kitbag. That's accounting software. But today's applications go far further than double-entry accounting, raising invoices and producing a monthly or quarterly report for the tax office. They integrate with warehouse and logistics applications, point of sale terminals and other systems making them the heart of your business' backoffice. Two of the biggest players on the market are the veteran MYOB and the fast-rising challenger Xero.
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Every year, global cloud accounting company Xero runs a hackathon called Global Xplore. Hackathons aren't new -- you’ve no doubt heard about many of them over the years. But Xero did things a little differently this time and it has some wise words to share about what it takes to host a successful global hackathon and why it's such an important part of the company's culture.
Going digital is in vogue these days and we've talked about how to transition to a paperless office. But it appears Australian small businesses still have a love affair with paper invoices and receipts, according to a survey by cloud accounting vendor Xero.
Many small businesses rely on email to communicate with customers, suppliers and even with staff internally. Invoices are often issued and received through email so being able to easily keep track of them would be a godsend for a lot of small business owners. This is why Xero now let's small business users send and receive emails directly through its cloud accounting software through an integration with Microsoft’s Outlook REST API. Here’s what you need to know.