Digital Solutions Monthly Round Up – August 2024

Welcome to August’s round up featuring exciting app features and updates that’s been happening in our Digital Solutions Team…

✨ Software Highlight ✨

The following software solutions are now available to promote and circulate with our e-commerce client base, who will most benefit from the services they offer. The pointers have been carefully selected to enable you to understand the key features and benefits.

Please follow these below and if you have an e-commerce seller client on your portfolio that could benefit from a process review, & A2X, then please reach out to Emma.

A2X

A2X is for ecommerce businesses, accountants and bookkeepers. If businesses sell on Shopify, Amazon, eBay or Etsy, A2X has them covered. Sync and automate directly into Xero.

• Save hours… and headaches – Since 2014, A2X users saved between 2-20 hours/month and avoided unnecessary bookkeeping fees.
• Automagic accounting sync – Never waste another minute manually matching bookkeeping entries. A2X automatically posts settlement summaries to Xero, with all income/expenses automatically corresponding with payouts – reconciling perfectly. A2X splits out settlements, even if they span over 2 months.
• With A2X, it’s easier to make sense of Amazon, Shopify, eBay and Etsy financials.
• A2X posts as invoices to enable Xero’s auto-reconciliation capability, so that when the Shopify, Amazon, Etsy or eBay settlement or payout amount appears in the bank feed, the amounts posted by A2X reconcile precisely to the bank statement.

xLedger

Xledger is a comprehensive cloud-based accounting and enterprise resource planning (ERP) system designed to streamline financial processes.

• Automation: The software offers robust automation features, reducing manual data entry and enhancing accuracy in financial reporting.
• Best for Growing Businesses: Ideal for businesses with a turnover of £2 million+ that have outgrown simpler accounting solutions like Xero and require more advanced financial management capabilities.
• Real-Time Reporting: Provides real time visibility into financial data, enabling better decision-making and quick access to critical business insights.
• Multi-Currency and Multi-Entity Support: Perfect for global businesses, xLedger supports multi-currency transactions and multi-entity consolidations.
• All-in-One Platform: xLedger eliminates the need for third-party integrations, as it comes with built-in tools and features, providing a complete solution within the platform.

Showcase: Automated System and App Integration Stack

To give you a glimpse into the work the Digital Solutions team is currently undertaking, as well as an example of an automated system, please find below a demonstration of a fully operational app integration stack:

Referral League Table

We are pleased to announce the current standings in referrals made to the Digital Solutions Team. Your enthusiastic participation has been fantastic, and it’s time to celebrate the leaders by office so far:

Well done to Ipswich this month! ??

Please keep those referrals coming in and remember, every referral is a step towards more innovative solutions and improved processes across our client base.

Thank you for your continued support as always!

Emma