Xero Health Check: Improve your accounts to improve your decisions
SEASON 2, EPISODE 3 | OCT 4TH 2024
Have you ever done a Xero health check on your business? Little Black Books has been doing a few clean up jobs in Xero and it reminded Sarah that some businesses may not be aware of the basics of maintaining their Xero file. And you don't know what you don't know!
In this episode, Sarah talks you through 5 areas in your Xero file that you can jump into to do a health check on your own business.
Episode Highlights:
- The importance of maintaining a clean and accurate Xero file
- How to keep your Xero file healthy by linking bank accounts and tracking expenses
- Techniques to monitor sales by product or service and analyse revenue streams for profitability.
- Why it's important to review your balance sheet alongside profit and loss for a complete financial overview.
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