Alex Hartley

                                                                     

Xero Projects: Time Tracking and Project Management Software

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Project Management Made Simple With Xero

Introduction: The Need for Project Management Software in the UK

Welcome to JacRox, a brand division of Jack Ross Chartered Accountants in Manchester. We are dedicated to offering expert Xero services to a wide variety of clients, from sole traders to large corporations. If you are in need of state-of-the-art cloud accounting software, use the contact form on the right and one of our JacRox team will be in touch to discuss next steps.

In today’s fast-paced business environment, accurate and constant project management is a necessity. If you are in the UK and looking for an all-in-one project management and time tracking software, Xero Projects could be your answer. This powerful tool within Xero offers comprehensive features for project tracking, job costing, and more, ensuring your projects are profitable. With Xero Projects, you can manage multiple projects simultaneously, ensuring that each one is on track and within budget. Plus, it integrates seamlessly with Xero accounting software, making financial management a breeze.

Why Choose Xero Projects? Track Time and Costs, Invoice Management

Xero Projects is integrated into Xero accounting software, providing a seamless way to manage your project financials. This tool allows you to track time, manage project costs, and even invoice directly within Xero. It is an excellent solution for businesses that require robust project management software. Furthermore, Xero Projects is designed for businesses of all sizes, from freelancers to large corporations. Its scalability ensures that as your business grows, your project management capabilities can grow with it.

Key Features: What Makes Xero Projects Stand Out?

Time Tracking: Record Every Minute

  • Timer and Time Entries: Use the Xero Projects timer to log time spent on various tasks and submit your time entries. The timer is highly accurate, capturing every minute spent on a project for precise billing.
  • Staff Time Overview: Get an in-depth look at how much time your team spends on projects and what proportion of that time is chargeable. This feature also allows you to adjust staffing levels or project timelines based on real-time data.

Invoice Management: Charge Right, Get Paid Right

  • Chargeable Hours and Tasks: Assign tasks and expenses that are chargeable to a project. You can even set different billing rates for different types of tasks or for different staff members.
  • Invoices in Xero: Generate invoices directly from your project details, ensuring you bill for all the time and costs associated with a project. This eliminates the risk of undercharging or overlooking billable hours.

Project Financials: Keep an Eye on Profitability

  • Project Budget and Costs: Monitor your project financials to ensure your jobs are profitable. Xero Projects offers real-time reporting tools that provide a snapshot of your financial status at any given moment.
  • Financial Reports: Run project tracking reports in Xero to get an overview of a project’s profitability. These reports can be customised to focus on the metrics most crucial to your business.

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User Experience: Xero Projects on the Go

Xero Projects Mobile App: Track Time Anywhere

Whether you are using iOS or Android, Xero Projects offers a mobile app to track time and expenses even when you’re on the move. The mobile app is user-friendly, offering a simplified interface for quick time entries and expense submissions.

Project Information at Your Fingertips

  • Project Timesheets: Keep tabs on the time your team has spent on specific projects. The timesheets can be approved in batches, streamlining the approval process.
  • Project Details: Access all essential project information right inside Xero, from project time to project financials. This centralised information hub makes it easier for teams to stay on the same page.

Cost-Effectiveness: Affordable Project Management

  • User Per Month Pricing: Xero Projects is available as an additional active user per month subscription. This pricing model provides flexibility, allowing you to add or remove users as your project needs change.
  • Xero Projects Free: You can also try out Xero Projects for free before committing to a subscription. The free trial offers a limited set of features, enabling you to test the software’s capabilities before making a financial commitment.

How to Get Started: Simple Steps to Use Xero Projects

  1. Subscribe to Xero Projects: If you have an existing Xero subscription, adding Xero Projects is straightforward. You can do this directly from your Xero dashboard, without the need for any additional installations.
  2. Assign Bills and Expenses: Assign them to a project to recover the costs. This includes not just labour costs but also any materials or overheads, providing a more accurate picture of project expenses.
  3. Snap and Submit Expenses: Use your mobile app to snap and submit expenses or mileage claims related to projects. Expense claims can be approved within the app itself, speeding up the reimbursement process.

Summary: Xero Projects for Comprehensive Project Management

Xero Projects not only allows you to manage your projects but also integrates seamlessly with your Xero accounting software. From time tracking to invoicing and monitoring profitability, Xero Projects provides all the tools you need to ensure your projects are managed efficiently and profitably.

Ready to elevate your financial management with expert Xero accounting solutions? Fill out the contact form below and a JacRox team member will be in touch to guide you through our cloud accounting services.

Alex Hartley
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Xero Projects is a project management tool integrated within Xero accounting software. It offers features like time tracking, invoicing, and real-time financial reports, making it an ideal solution for businesses looking to manage projects efficiently and profitably.

Time tracking in Xero Projects is simplified with a timer and time entries feature. You can log time spent on various tasks, and view a staff time overview to gauge how much time is spent and what proportion is chargeable, helping you manage resources more effectively.

Xero Projects offers a flexible ‘user per month’ pricing model, making it a cost-effective choice for businesses of all sizes. You can also take advantage of a free trial to explore its features before committing to a subscription.

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Speak to a Xero Expert Today!

Take advantage of harnessing the full potential of Xero for your business. Whether you're a start-up, a thriving SME, or a larger enterprise, our Xero-certified accountants are ready to guide you through every step. Please fill out the form below, and let's begin your financial transformation.

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