Celebrating one year of Xero in Canada
Summary
While we’re thrilled to see this progress in such a short period of time, there’s still much work to be done since less than 10% of Canadian small businesses have adopted cloud accounting. As we look back on the evolution of the Xero platform in Canada in the past year, we’re excited to partner and continue making progress on this journey together: Map your client’s chart of accounts to GIFI codes and export directly out of Xero, so they’re ready for filing with the Canada Revenue Agency (CRA). Once your client’s chart of accounts are mapped, export GIFI files directly out of Xero and upload into your tax preparation software, streamlining your end-of-year workflow and reducing the need for third party apps. Easily create year-end financial statements across your entire client base using Xero’s flexible report templates, built just for Canadian accountants and bookkeepers. Additionally, Auto Pay allows small businesses to set up and receive recurring payments for repeat billing customers directly through Xero.