It is that time of year for me. I have no idea when I set my company up why I would choose November as year end. Pretty short sighted in hindsight.

There are only a few things in this world I fail to spend time on and that is year end accounting. Why? I don't see spending time on it as a valuable use of my time. There are a lot of better ways to become more efficient at what I do other than pushing my nose through balance sheets. Don't get me wrong - a sound understanding of what went where and how it can be financially improved is very useful. I am interested in the end result. But having an Accountant pull this information together for me makes sense.

Anyway...enough of that...back to compiling receipts for my Accountant...

Xero are making changes. I've talked about kashflow and freshbooks in more detail and I have touched on Xero before in another post.

They seem to have listened to recent complaints about pricing and have created a tiered structure to allow small business and freelancers to use the service for less. If you ask me they should have tried harder. 5 invoices and 5 expenses a month + 20 reconciled statement lines a month. It's not awful and it may suit a lot of freelancers but it isn't enough to make me feel safe. How about 10, 10 and 100. That would be better if you ask me, which no one did but that doesn't matter as this is my blog.