If you are an individual or a business based in Sydney and currently utilising Xero, it is advisable to incorporate the online payment system to make the most of the software. This is particularly important if you want to maximise the benefits of Xero with the help of accountants in Sydney.
The online payment system helps you save time and makes collecting money faster. The more options you offer the customers, the less time you will spend chasing them for payment. Adding a compatible payment system online is very easy and quick within Xero. Once it is set up, all you do is email the invoice to your customers, and they will view the invoice online and then have the option to select the “Pay now” button to pay you securely using the payment systems you have chosen and set up. The popular payment systems (with the link to their websites for more information) used within Xero are:
Stripe – https://stripe.com/au/pricing –
Paypal – https://www.paypal.com/au/
Eway – https://www.eway.com.au/xero
Square – https://squareup.com/au
If you need help connecting the online payment system on Xero, please do not hesitate to contact our bookkeeping team or Quang Tat, who heads up the bookkeeping division.
Kreston Stanley Williamson Team
*Correct as of May 2018
*Disclaimer – this article has been produced by Kreston Stanley Williamson as a service to its clients and associates. The information contained in the article is of general comment only and is not intended to be advice on any particular matter. Before acting on any areas in this article, you must seek advice about your circumstances. Liability is limited by a scheme approved under professional standards legislation.