Xero business accounting software connects you to your bank, accountant, bookkeeper, and other business apps. It’s a useful and straightforward application with which Nevcon Accounting is very familiar and prepared to use with any of our clients. Xero is designed to allow business owners and their accounting professionals to collaborate seamlessly and securely.

The Xero Accounting mobile app works in tandem with the Xero accounting software so you can run your small business online from anywhere. Xero helps you keep track of your unpaid and overdue invoices, bank account balances, profit and loss, cash flow and bills to pay – plus reconcile bank accounts and convert quotes to invoices.

Take a look on the Xero web site for more information. If it sounds like Xero would work well for you, Nevcon can assist you in moving to their system. Contact us for a meeting to review how we can get you set up!

Do you already use Xero, and would like to collaborate with us using the application? For us to work together in Xero, you first need to invite us into your Xero organization to take a look at how you’re set up. Here’s how to do it:

1. Go to your Xero settings.

2. Go to Xero to Xero settings to allow us to work with you.

3. Give us Advisor settings to work with you in Xero.

Looking forward to working with you!

We learned a lot last time …

… so we’re heading again to Accountex Canada this November 5-6, 2024. Will we see you there?

As always, Accountex Canada will have its eye on the latest updates in the accounting and finance services. The format of the events over two days allows for knowledge sharing and networking opportunities with industry experts. The event will cover essential topics such as financial planning, taxation, auditing and more.

I know I also enjoy and benefit a lot at events like this as I reconnect with colleagues, network with new accounting professionals, and gaining new information and important insights into the trends, technologies and more that can benefit accountants and their clients. That, in turn, benefits all Nevcon clients!

At the beginning of this year, Nevcon Accounting changed the way we do our work processes to make it more efficient and informative to you, with the use of email messages and questionnaires depending on the type of service you receive or are seeking from us. Most of you have gone through these changes by completing your T1 personal tax returns and you probably noticed the process was very different from last year. It has also been implemented in all business areas of Nevcon.

One particular area of change was the transition of our back end portal from Sharefile to TaxDome. With TaxDome’s automation, it allowed us to efficiently move from using five different services to run the business to two. The ability to have automations happening within the questionnaires, with more or fewer questions being asked depending on the answer is a big improvement, along with uploading all the relevant documents at the same time as questions were answered.

Being able to use an app on your phone or tablet was functionality and convenience we have wanted to add for our clients for a few years. But the most important feature was being able to let you know where in the process your tax return was. Before you would only get an email message when the return was done, but now you get them along the way to keep you informed all through the process. More changes are still coming, like the back end for invoices, which will also make it easier for you, our clients. We’re also carefully considering more AI to craft our communication to assist in responding quickly to your questions.

During these changes, all your historical documents have been moved over to the new system. Please let us know if your area of the portal does not seem to have everything you expect.

In early November, I was very pleased to attend the Accountex Canada conference and trade show in Toronto. What an amazing event, from which I’ve returned rejuvenated with all kinds of great new ideas for providing and enhancing the services Nevcon offers.

The Accountex conference presented over 60 leading financial/tech companies and a continuing professional development (CPD) accredited education program. As they described it – and I wholeheartedly agree! – the conference was tailored to provide attendees with the latest updates in the accounting and finance services, allowing for knowledge sharing and networking opportunities with industry experts. The event covered essential topics such as financial planning, taxation, and auditing.

Once again, I so enjoyed reconnecting with colleagues, networking with new accounting professionals, and gaining valuable insights into the trends, technologies and more that can benefit accountants and their clients. Ask me how what I’ve learned can help you and your business thrive!

I’m excited to announce that I’ll be attending CPA (Chartered Professional Accountants) Canada’s The ONE Conference in person in Halifax!

As CPA Canada describes it, “The ONE National Conference was created to connect and inspire accountants as members of one unified profession. Now in its tenth year, The ONE continues to grow and evolve – offering a dynamic program of cutting-edge content to help CPAs build new skills and keep up with the pace of change.”

I’m looking forward to reconnecting with colleagues, networking with new accounting professionals, learning about trends, technologies and more that can benefit accountants and their clients … and returning refreshed and inspired to handle all your accounting needs!