About 'accounting software services'|Peter Thiel And Existing Investors Put Another $49 Million In Accounting Software Company Xero

About 'accounting software services'|Peter Thiel And Existing Investors Put Another $49 Million In Accounting Software Company Xero

Ａｃｃｏｕｎｔｉｎｇ               ｆｏｒ               Ｃｌｅａｎｉｎｇ               Ｓｅｒｖｉｃｅ                Ｉｆ               ｙｏｕ               ａｒｅ               ｌｉｋｅ               ｍｅ               ａｃｃｏｕｎｔｉｎｇ               ｉｓｎ'ｔ               ｙｏｕｒ               ｓｔｒｏｎｇ               ｓｕｉｔ. Ａｔ               ｆｉｒｓｔ               Ｉ               ｗａｓ               ｑｕｉｔｅ               ｉｎｔｉｍｉｄａｔｅｄ               ａｎｄ               ｄｉｄｎ'ｔ               ｋｎｏｗ               ｗｈａｔ               ｔｏ               ｄｏ. Ｉ               ｇａｖｅ               ｍｙ               ｃｕｓｔｏｍｅｒｓ               ａ               ｒｅｃｅｉｐｔ               ｆｒｏｍ               ａ               ｒｅｃｅｉｐｔ               ｂｏｏｋ,               ｕｓｅｄ               ｏｎｌｙ               ｍｙ               ｂｕｓｉｎｅｓｓ               ｃｈｅｃｋｉｎｇ               ａｃｃｏｕｎｔ               ａｎｄ               ｈｕｎｇ               ｏｎｔｏ               ａｌｌ               ｏｆ               ｍｙ               ｒｅｃｅｉｐｔｓ               ｆｏｒ               ｅｑｕｉｐｍｅｎｔ               ａｎｄ               ｓｕｐｐｌｉｅｓ               ｗｈｉｃｈ               Ｉ               ｃｏｎｔｉｎｕｅｄ               ｔｏ               ｄｏ. Ａ               ｃｏｕｐｌｅ               ｏｆ               ｍｏｎｔｈｓ               ｉｎｔｏ               ｍｙ               ｎｅｗ               ｂｕｓｉｎｅｓｓ,               Ｉ               ｒｅａｌｌｙ               ｎｅｅｄｅｄ               ｔｏ               ｆｉｇｕｒｅ               ｏｕｔ               ａｎ               ａｃｃｏｕｎｔｉｎｇ               ｓｙｓｔｅｍ.                Ａｓ               ｌｕｃｋ               ｗｏｕｌｄ               ｈａｖｅ               ｉｔ               ｏｎｅ               ｏｆ               ｍｙ               ｃｕｓｔｏｍｅｒｓ               ｗａｓ               ａ               ｆｒｅｅｌａｎｃｅ               ｂｏｏｋｋｅｅｐｅｒ. Ｉ               ａｓｋｅｄ               ｈｅｒ               ｆｏｒ               ａｄｖｉｃｅ,               ａｎｄ               ｓｈｅ               ｈｅｌｐｅｄ               ｍｅ               ｏｕｔ               ｔｒｅｍｅｎｄｏｕｓｌｙ. Ｆｉｒｓｔ               ｓｈｅ               ｇｏｔ               ｍｅ               ａ               ｃｏｐｙ               ｏｆ               ＱｕｉｃｋＢｏｏｋｓ,               ａｎｄ               ｔｈｅｎ               ｓｈｅ               ｈｅｌｐｅｄ               ｍｅ               ｔｏ               ｓｅｔ               ｉｔ               ｕｐ. Ｓｉｎｃｅ               Ｉ               ｈａｄ               ｗａｉｔｅｄ               ａ               ｆｅｗ               ｗｅｅｋｓ               ｔｏ               ｓｅｔ               ｕｐ               ａｎ               ａｃｃｏｕｎｔｉｎｇ               ｓｙｓｔｅｍ,               ｉｔ               ｗａｓ               ａ               ｂｉｔ               ｍｏｒｅ               ｃｏｍｐｌｉｃａｔｅｄ. Ｓｈｅ               ｈｅｌｐｅｄ               ｍｅ               ｉｎ               ｅｘｃｈａｎｇｅ               ｆｏｒ               ａ               ｃｌｅａｎｉｎｇ               ｄｉｓｃｏｕｎｔ.                Ｉｆ               ｙｏｕ               ａｒｅｎ'ｔ               ａｓ               ｌｕｃｋｙ               ｉｎ               ｆｉｎｄｉｎｇ               ａ               ｂｏｏｋｋｅｅｐｅｒ               ｆｏｒ               ａ               ｃｕｓｔｏｍｅｒ,               ｈａｖｉｎｇ               ｓｏｍｅｏｎｅ               ｓｅｔ               ｕｐ               ｙｏｕｒ               ｂｏｏｋｋｅｅｐｉｎｇ               ｉｓｎ'ｔ               ｐｒｏｈｉｂｉｔｉｖｅｌｙ               ｅｘｐｅｎｓｉｖｅ. Ｑｕｉｃｋｅｎ               ｃｏｍｅｓ               ｗｉｔｈ               ｈｅｌｐ               ｓｃｒｅｅｎｓ               ａｎｄ               ｔｕｔｏｒｉａｌｓ               ｔｈａｔ               ｍａｋｅ               ｒｕｎｎｉｎｇ               ｙｏｕｒ               ｂｕｓｉｎｅｓｓ               ｆａｉｒｌｙ               ｅａｓｙ               ｅｖｅｎ               ｗｉｔｈ               ｏｎｌｙ               ａ               ｒｕｄｉｍｅｎｔａｒｙ               ｕｎｄｅｒｓｔａｎｄｉｎｇ               ｏｆ               ａｃｃｏｕｎｔｉｎｇ.                Ｉ               ｄｅｆｉｎｉｔｅｌｙ               ｒｅｃｏｍｍｅｎｄ               ｕｓｉｎｇ               ｓｏｍｅ               ｔｙｐｅ               ｏｆ               ｃｏｍｐｕｔｅｒｉｚｅｄ               ａｃｃｏｕｎｔｉｎｇ               ｓｏｆｔｗａｒｅ               ｏｒ               ａ               ｐｒｏｆｅｓｓｉｏｎａｌ               ｂｏｏｋｋｅｅｐｅｒ. Ｋｅｅｐｉｎｇ               ａｃｃｏｕｎｔｉｎｇ               ｂｏｏｋｓ               ｂｙ               ｈａｎｄ               ｉｓ               ｈａｒｄ               ａｎｄ               ｔｉｍｅ-ｃｏｎｓｕｍｉｎｇ.                Ｂｕｓｉｎｅｓｓ               Ｃｈｅｃｋｉｎｇ               Ａｃｃｏｕｎｔ                Ａｌｌ               Ｉ               ｎｅｅｄｅｄ               ｔｏ               ｏｐｅｎ               ａ               ｂｕｓｉｎｅｓｓ               ａｃｃｏｕｎｔ               ａｔ               ｔｈｅ               ｂａｎｋ               ｗｈｅｒｅ               ｍｙ               ｐｅｒｓｏｎａｌ               ａｃｃｏｕｎｔ               ｗａｓ               ｌｏｃａｔｅｄ               ｗａｓ               ａ               ｃｏｐｙ               ｏｆ               ｍｙ               ｔｒａｄｅ               ｎａｍｅ               ｒｅｇｉｓｔｒａｔｉｏｎ               ａｎｄ               ＩＤ. Ｏｎｌｙ               ｕｓｅ               ｙｏｕｒ               ｂｕｓｉｎｅｓｓ               ａｃｃｏｕｎｔ               ｆｏｒ               ｂｕｓｉｎｅｓｓ               ｔｒａｎｓａｃｔｉｏｎｓ               ａｎｄ               ｙｏｕｒ               ｐｅｒｓｏｎａｌ               ａｃｃｏｕｎｔ               ｆｏｒ               ｐｅｒｓｏｎａｌ               ｔｒａｎｓａｃｔｉｏｎｓ. Ｄｏｉｎｇ               ｔｈｉｓ               ｗｉｌｌ               ｋｅｅｐ               ｙｏｕｒ               ａｃｃｏｕｎｔｉｎｇ               ｃｌｅａｎｅｒ               ａｎｄ               ｅａｓｉｅｒ               ｆｏｒ               ｒｅｃｏｒｄｓ               ａｎｄ               ｔａｘ               ｐｕｒｐｏｓｅｓ. Ｉｔ               ａｌｓｏ               ｌｏｏｋｓ               ｆｉｓｈｙ               ｔｏ               ｔｈｅ               ＩＲＳ               ｉｆ               ｙｏｕ               ｄｏｎ'ｔ.                Ｂａｓｉｃ               Ａｃｃｏｕｎｔｉｎｇ                Ａｃｃｏｕｎｔｉｎｇ               ｉｓ               ｌｉｋｅ               ａ               ｃｏｎｔｉｎｕａｌ               ｓｃａｌｅ               ｉｎ               ｗｈｉｃｈ               ｂｏｔｈ               ｓｉｄｅｓ               ｍｕｓｔ               ｂａｌａｎｃｅ. Ｄｅｂｉｔｓ               ａｎｄ               ｃｒｅｄｉｔｓ               ａｒｅ               ｔｈｅ               ｗｅｉｇｈｔｓ,               ａｎｄ               ｅｖｅｒｙ               ｌｅｄｇｅｒ               ｅｎｔｒｙ               ｈａｓ               ａｎ               ｅｑｕａｌ               ｄｅｂｉｔ               ａｎｄ               ｃｒｅｄｉｔ               ｓｉｄｅ. Ｄｏｉｎｇ               ａｃｃｏｕｎｔｉｎｇ               ｂｙ               ｈａｎｄ               ｗｏｕｌｄ               ｈａｖｅ               ｂｅｅｎ               ａ               ｎｉｇｈｔｍａｒｅ               ｆｏｒ               ｍｅ;               ａｎｄ               ＱｕｉｃｋＢｏｏｋｓ               ａｓ               ｗｅｌｌ               ａｓ               ｍｏｓｔ               ｏｔｈｅｒ               ａｃｃｏｕｎｔｉｎｇ               ｓｏｆｔｗａｒｅ               ｅｉｔｈｅｒ               ｄｏｅｓ               ｔｈｉｓ               ｆｏｒ               ｙｏｕ               ｗｅｎｔ               ｅｎｔｅｒｉｎｇ               ｉｎｃｏｍｅ               ｏｒ               ｒｅｃｅｉｐｔｓ               ｏｒ               ａｔ               ｌｅａｓｔ               ｈｅｌｐｓ               ｙｏｕ               ｔｏ               ｄｏ               ｔｈｉｓ.                Ｂａｌａｎｃｅ               ｓｈｅｅｔｓ               ａｒｅ               ｃｏｍｐｏｓｅｄ               ｏｆ               ｙｏｕｒ               ａｓｓｅｔｓ               ａｎｄ               ｌｉａｂｉｌｉｔｉｅｓ. Ａｓｓｅｔｓ               ａｒｅ               ｗｈａｔ               ｙｏｕ               ｏｗｎ               ｓｕｃｈ               ａｓ               ｙｏｕｒ               ｃｌｅａｎｉｎｇ               ｅｑｕｉｐｍｅｎｔ               ａｎｄ               ｃａｓｈ               ｉｎ               ｔｈｅ               ｂａｎｋ. Ｌｉａｂｉｌｉｔｉｅｓ               ａｒｅ               ｗｈａｔ               ｙｏｕ               ｏｗｅ               ｓｕｃｈ               ａｓ               ｓｍａｌｌ               ｂｕｓｉｎｅｓｓ               ｌｏａｎ               ｐａｙｍｅｎｔｓ.                Ｏｗｎｅｒ'ｓ               ｅｑｕｉｔｙ               ｉｓ               ｓｉｍｐｌｙ               ｙｏｕｒ               ａｓｓｅｔｓ               ｍｉｎｕｓ               ｙｏｕｒ               ｌｉａｂｉｌｉｔｉｅｓ.                Ａｔ               ｔｈｅ               ｅｎｄ               ｏｆ               ｔｈｅ               ｙｅａｒ               ｙｏｕｒ               ｉｎｃｏｍｅ               ｉｓ               ｎｅｔｔｅｄ               ａｇａｉｎｓｔ               ｙｏｕｒ               ｅｘｐｅｎｓｅ               ａｃｃｏｕｎｔｓ               ｇｉｖｉｎｇ               ｙｏｕ               ｙｏｕｒ               ｐｒｏｆｉｔ               ｏｒ               ｌｏｓｓ               ｆｏｒ               ｔｈｅ               ｙｅａｒ. Ａｎｙ               ｒｅｔａｉｎｅｄ               ｐｒｏｆｉｔ               ｂｅｃｏｍｅｓ               ｏｗｎｅｒ'ｓ               ｅｑｕｉｔｙ               ａｎｄ               ｙｏｕｒ               ｂａｌａｎｃｅ               ｓｈｅｅｔ               ｉｓ               ｚｅｒｏｅｄ               ｏｕｔ. Ｓｏ               ａ               ｂａｌａｎｃｅ               ｓｈｅｅｔ               ｉｓ               ｗｈｅｒｅ               ｙｏｕ               ａｒｅ               ｔｏｄａｙ               ａｎｄ               ａｎ               ｉｎｃｏｍｅ               ｓｈｅｅｔ               ｉｓ               ａ               ｓｕｍ               ｆｒｏｍ               ｔｈｅ               ｂｅｇｉｎｎｉｎｇ               ｏｆ               ｙｏｕｒ               ｆｉｓｃａｌ               ｙｅａｒ.                Ａ               Ｐｒｏｆｉｔ               ａｎｄ               Ｌｏｓｓ               Ｓｔａｔｅｍｅｎｔ               ｏｒ               Ｉｎｃｏｍｅ               Ｓｔａｔｅｍｅｎｔ               ｉｓ               ａ               ｑｕａｒｔｅｒｌｙ               ｏｒ               ａｎｎｕａｌ               ｆｉｓｃａｌ               ｒｅｐｏｒｔ               ｓｈｏｗｉｎｇ               ｔｈｅ               ｎｅｔ               ｐｒｏｆｉｔ               ｏｒ               ｌｏｓｓ               ｄｕｒｉｎｇ               ｔｈｅ               ｐｅｒｉｏｄ               ｏｆ               ｔｉｍｅ               ｓｔａｔｅ               ｉｎ               ｔｈｅ               ｒｅｐｏｒｔ. Ｉｔ               ｉｓ               ｕｓｅｄ               ｆｏｒ               ｔａｘ               ｐｕｒｐｏｓｅｓ               ａｎｄ               ｔｏ               ｓｅｅ               ｈｏｗ               ａ               ｃｏｍｐａｎｙ               ｐｅｒｆｏｒｍｅｄ               ｄｕｒｉｎｇ               ａ               ｐｅｒｉｏｄ               ｏｆ               ｔｉｍｅ.                Ｙｏｕ               ｍａｙ               ｗａｎｔ               ｔｏ               ｓｅｐａｒａｔｅ               ｙｏｕｒ               ｉｎｃｏｍｅ               ａｃｃｏｕｎｔｓ               ｉｎｔｏ               ｔｙｐｅｓ               ｓｕｃｈ               ａｓ               ｏｎｅ-ｔｉｍｅ               ｃｌｅａｎｉｎｇｓ,               ｗｅｅｋｌｙ               ｃｌｅａｎｉｎｇｓ,               ｅｔｃ. ｏｖｅｒ               ｔｉｍｅ               ｋｎｏｗｉｎｇ               ｗｈａｔ               ｓｅｒｖｉｃｅｓ               ｂｒｉｎｇ               ｉｎ               ｍｏｒｅ               ｍｏｎｅｙ               ｃａｎ               ｈｅｌｐ               ｙｏｕ               ｄｅｃｉｄｅ               ｏｎ               ｗｈａｔ               ｓｅｒｖｉｃｅｓ               ｙｏｕ               ｗｉｌｌ               ｏｒ               ｗｏｎ'ｔ               ｐｒｏｖｉｄｅ               ｉｎ               ｔｈｅ               ｆｕｔｕｒｅ.                Ｅｘｐｅｎｓｅ               ａｃｃｏｕｎｔｓ               ｉｎｃｌｕｄｅ               ｔｈｉｎｇｓ               ｌｉｋｅ               ｃｌｅａｎｉｎｇ               ｓｕｐｐｌｉｅｓ,               ｏｆｆｉｃｅ               ｓｕｐｐｌｉｅｓ,               ｔｅｌｅｐｈｏｎｅ               ｂｉｌｌ,               ｉｎｔｅｒｅｓｔ,               ｒｅｎｔ,               ｕｔｉｌｉｔｉｅｓ,               ｅｔｃ. ｋｅｅｐｉｎｇ               ｔｒａｃｋ               ｏｆ               ｙｏｕｒ               ｅｘｐｅｎｓｅｓ               ｉｓ               ｖｉｔａｌ               ｔｏ               ｔｈｅ               ｈｅａｌｔｈ               ｏｆ               ｙｏｕｒ               ｂｕｓｉｎｅｓｓ. Ｂｅｃａｕｓｅ               Ｉ               ｆｉｎａｌｌｙ               ｔｏｏｋ               ｔｈｅ               ｔｉｍｅ               ｔｏ               ｓｅｔ               ｕｐ               ａｎ               ａｃｃｕｒａｔｅ               ａｃｃｏｕｎｔｉｎｇ               ｓｙｓｔｅｍ,               Ｉ               ｗａｓ               ａｂｌｅ               ｔｏ               ｄｅｔｅｒｍｉｎｅ               ｔｈｅ               ｃｏｓｔ               ｄｉｆｆｅｒｅｎｃｅ               ｂｅｔｗｅｅｎ               ｕｓｉｎｇ               ｔｈｅ               ｃｕｓｔｏｍｅｒ'ｓ               ｃｌｅａｎｉｎｇ               ｓｕｐｐｌｉｅｓ               ａｎｄ               ｕｓｉｎｇ               ｍｙ               ｏｗｎ               ｗｈｉｃｈ               ｃａｕｓｅｄ               ｍｅ               ｔｏ               ｓｌｉｇｈｔｌｙ               ｒａｉｓｅ               ｍｙ               ｒａｔｅｓ               ｗｈｅｎ               ｕｓｉｎｇ               ｍｙ               ｏｗｎ               ｓｕｐｐｌｉｅｓ. Ｉｔ               ａｌｓｏ               ｓｈｏｗｅｄ               ｍｅ               ｔｈａｔ               ｕｓｉｎｇ               ｃｏｕｐｏｎｓ               ａｎｄ               ｓｔｏｃｋｉｎｇ               ｕｐ               ｄｕｒｉｎｇ               ｓａｌｅｓ               ｗａｓ               ｅｘｔｒｅｍｅｌｙ               ｃｏｓｔ               ｅｆｆｅｃｔｉｖｅ.

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