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Welcome to issue 12...
magazine
The independent magazine for Xero users, by Xero users
Issue 12
CEO: David Hassall (Co-Founder) Managing Editor: Wesley Cornell (Co-Founder) Strategic Partnerships: Alex Newson
Editorial/News Submissions:
If you have any editorial content (news, comment, tutorials etc.) that you would like us to consider for inclusion in the next edition of XU Magazine, please email us at editorial@xumagazine.com
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T: +44 (0)116 298 60 80 E: hello@xumagazine.com W: www.xumagazine.com
‘Xero’ is a trademark of Xero Limited (New Zealand). XU Magazine is collaboratively produced by an independent group of Xero users and is not affiliated in any way with Xero. All other trademarks are the property of their respective owners.
© XU Magazine Ltd 2014-2017. All rights reserved. No part of this magazine may be used or reproduced without the written permission of the publisher. XU Magazine is published by XU Magazine Ltd (08811842), registered in England and Wales. Registered office: 12 Jordan Street, Liverpool, L1 0BP, United Kingdom. All information contained in this magazine is for information only and is, as far as we are aware, correct at the time of going to press. XU Magazine cannot accept any responsibility for errors or inaccuracies in such information. If you submit unsolicited material to us, you automatically grant XU Magazine a licence to publish your submission in whole or in part in all/any editions of the magazine, including in any physical or digital format, throughout the world. Any material you submit is sent at your risk and, although every care is taken, neither XU Magazine nor its employees, agents or subcontractors shall be liable for loss or damage. The views expressed in XU Magazine are not necessarily the views of XU Magazine Ltd, its editors or its contributors. 6 / Xero mistakes 101: the mistakes you need to avoid when using Xero
8 / Vertical integration
but not as you know it 34 / APP COMPARISON - Point of Sale (POS)
36 / Planning successful cloud conversations in your practice 13 / COVER STORY - Outsourcing,
38 / Meet Curve: Xero’s new card trick for business spending
40 / International trade? It’s essential for business success and survival
16 / It’s not just you. The global trends in cloud accounting
18 / INTERVIEW - Amy Harris, Futrli 42 / Investing in systems repays itself during business sale 44 / Measuring recurring revenue just got easier
22 / Why consistency with Deputy Xero Education
will see your franchise thrive
24 / Globalization and mobilization
28 / Q & A - Fluidly: Intelligent
48 / Q & A - Behind the scenes with cashflow technology has arrived
52 / You’re wasting your time at Xerocon - let’s change that
customer story 54 / Event - Accountex: two important dates for your diary
32 / AppsForOps: Venter Consulting
56 / ABC: Accountants & Bookkeepers Collaborating