I have to say this last week has been an amazing experience. I was privileged to be asked by Xero to help demo their payroll feature at Accountex which was being held at the Excel centre this week. Accountex is an annual event which this year saw nearly 6500 accountancy professionals coming through the doors over the two days.
Needless to say, I was pretty nervous about doing my first presentation particularly as I was ‘miked up’ and putting myself forward to be asked awkward questions. In the end, everything went really well and I was able to deal with the majority of questions – the technical questions on pensions were handled by my colleague Vikki.
The payroll function within Xero now has some really cool features that help speed up efficiencies and enable employees to collaborate with their managers and payroll team much easier. For instance, they have a portal called ‘My payroll’ which means employees can log in and change their personal details, complete their own times sheets, request time off and download previous payslips/P60 etc. An App called ‘Xero Me’ can also be downloaded free of charge on IOS or Android which means employees can complete timesheets, request holidays etc on a mobile device. If your’e anything like me I am constantly updating things on my phone or tablet and this flexibility is a real bonus.
Auto enrolment………aaaaarghhhh I hear you say! Well, providing you enter the information that is prompted to you, then Xero will automatically pick up when an employee falls within the Auto enrolment threshold and notifies you, giving you the option to accept or postpone. It will also direct you to help pages to draft employee letters. This will take the pressure off many small business owners who do not have dedicated HR or payroll departments.
Anyway, I’m really excited about Xero payroll and for once I actually enjoy doing the pay runs for my clients now I have them on Xero – how lucky am I
If you have any support or training needs on Xero payroll or indeed the core Xero accounting software, please feel free to contact me.