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Are you fully confident in the accuracy of your Xero accounts?

Are you fully confident in the accuracy of your accounts?

Xero Health Check

Can you rely on the information you are getting out of your Xero to make business decisions? A Xero Health Check is like an annual boiler service or MOT for your car and it’s a great way to check your Xero bookkeeping is being recorded efficiently and accurately.

Be fully confident in your Xero package with our FREE Xero Health Check worth £149.00.

xero-health-check

Some of the benefits
of a Xero Health Check are:

  • Be 100% confident that your core bookkeeping practices are accurate and you can rely on the information to make business decisions
  • Streamline your year-end processes between your business and your accountant
  • Identify areas to increase the efficiency of your system and save time.
More on End of Year Accounts

Our Xero
Health Check includes:

  • Data Cleanup alerts to identify areas that need attention such as Multi-Coded Contacts, Unreconciled Transactions, Contact Defaults and Dormant Accounts
  • Insights into your Xero setup, customer debtor days and supplier issues
  • Highlights Accrued Taxes over the analysed period
More on Corporation Tax

After the Health Check

Accountancy-Careers-Peterborough

Once we have completed your Xero Health Check, you’ll receive a report from us showing you all the areas we have reviewed. The report will include:

  • Issues that need to be fixed. We will provide guidance on how to do these fixes
  • Areas that need your attention and how to work through these
  • Recommendations of features that you are not currently using which benefit your business and where to find more information

You can then decide what you would like to do next. If you would like further support or training to take action in response to our recommendations then please ask and we can arrange a consultation.

Book your FREE Xero Health Check with us now:

    The need to check accountancy packages

    The accuracy and reliability of accounting information generated by software packages like Xero is of paramount importance for businesses. Xero and similar accountancy software are powerful tools that streamline financial processes, record transactions, and generate reports essential for decision-making. However, their effectiveness is contingent upon accurate data entry and proper setup. Mistakes in data entry or improper configuration can result in misleading financial information, potentially leading to incorrect decisions being made by business owners or stakeholders.

    Having a system of checks and balances in place is crucial to mitigate the risk of errors. This involves regular reviews and audits of the data entered into the software, comparing it to source documents and ensuring consistency and accuracy. An internal or external audit can help identify discrepancies and validate the integrity of the financial data being produced by Xero. Professionals with accounting expertise should carefully examine the financial statements and reports generated by Xero to ensure compliance with accounting standards and regulations.

    Additionally, proper training and ongoing education for the individuals responsible for managing Xero can significantly contribute to the accuracy of the financial data. Ensuring that the users have a strong understanding of the software’s functionalities, as well as accounting principles, can help reduce errors and improve the quality of the data being inputted and extracted.

    While accounting packages like Xero offer efficiency and automation in financial management, they should be subject to regular checks and reviews to guarantee the accuracy and reliability of the financial information they generate. This oversight involves careful scrutiny by knowledgeable professionals like Direct Peak Accountants and the implementation of adequate training and processes to maintain data integrity and produce meaningful financial insights for effective decision-making.

    Looking for an accountant who can help

    Steve Marshall
    Steve Marshall
    2023-08-01
    The whole team at Direct Peak have been amazing to work with. Everything we have been looking for from an accountant. Thank you from Acoustic Associates
    Luke Tyler
    Luke Tyler
    2023-06-20
    The Direct Peak team are exceptional in all they do. They demystify my questions on accounting, offer clear, sound advice, and help me to make informed decisions about my business.
    Don Wiid
    Don Wiid
    2023-05-10
    Karl Newman and his team help us with our Xero accounts system, making sure it is accurate and up to date. The real value though, is Karl's experience as a management accountant, providing indispensable advice on a monthly basis to ensure we keep growing.
    Craig Sawyer
    Craig Sawyer
    2023-03-09
    Direct Peak are the perfect accountants for me. Always helpful and friendly. They take away any of my accountancy headaches which allows me the time to focus on my business. Would highly recommend them and do to any business owners I can. Thank you all !
    Kelsey Brace
    Kelsey Brace
    2023-02-20
    I've worked with Karl & Direct Peak for years. They have always provided great service and advice. Highly recommeded!
    Sana Hanassi-Savari
    Sana Hanassi-Savari
    2023-02-10
    Great service, I would highly recommend them. The team are friendly, always around to help and very knowledgable.
    Simply Antivirus
    Simply Antivirus
    2022-10-11
    Direct Peak was the right choice for us. Outstanding friendly service. The team are highly knowledgeable regarding tax and financial matters, and they have been an asset to the running of our business. Very approachable and have an answer to all my questions. Highly recommend them! Very well done guys!
    catherine Johnson
    catherine Johnson
    2022-10-11
    I recently changed my Accounting to Direct Peak, mainly due to Karls brilliant support with advice regarding making Tax Digital and around my business growth intentions. Having run my own small business and being with my previous accountant for 13 years, I have been SUPER impressed with every aspect of the move - the advice, the support, and mostly the friendliness of the team and their willingness to want to help. Eve has been so amazing at supporting me to make the transition to Digital VAT returns - I cannot recommend Karl and his team at Direct Peak highly enough - Thanks Guys!
    Peter Baker
    Peter Baker
    2022-09-21
    Karl has been outstandingly patient and generous with his time. I cannot recommended Karl enough. He has helped massively in starting up my own company.
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    Dedicated Contact

    Direct Peak provides a dedicated business tax accountant, who will prepare your annual accounts and tax returns. They will be on hand to answer any tax queries you have.

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    Tax Efficient

    Your business tax accountant will ensure that the company is set up in the most tax-efficient way and that you are claiming for all the correct expenses to maximise your earnings.

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    Quick Turnaround

    We aim to turn around the annual accounts and tax returns quickly to give you visibility of your tax bill well in advance of it being due.