Released on: October 16, 2008, 2:01 am

Press Release Author: Lucy Whittington

Industry: Accounting

Press Release Summary: Accountants Edition of Xero web-based accounting system makes
it easy for small business and their accountants to share financial information.

Press Release Body: London, UK, October 16, 2008 -- Finally, a workable solution to
the 'my receipts are in the shoebox' scenario. It's a web-based accounting system
that offers a simple process for small business owners to enter their expenses and
manage bank transactions. Then, when it's time to crunch the numbers, their
accountants simply log on to the same system and go to work.

Xero Accountants Edition is a new version of the web-based accounting system that is
earning praise for being easy for business owners to use, but also detailed enough
to work for accountants.

Xero Founder and UK MD Hamish Edwards says the Accountants Edition of the online
accounting system is a simple alternative to the traditional "shoebox" situation.
One that's quicker, easier and more effective.

"Even if you don't actually do your own bookkeeping, there's still a lot of time
caught up in getting your paperwork together and explaining transactions and
expenses. Doing your accounts online with Xero Accountants Edition you just enter
the information once and forget about it," he says.

"You don't even have to worry about getting the information to your accountant. They
simply log on to Xero and the up-to-date figures are ready and waiting in a full
accrual web-based accounting system."

Edwards says for accountants the Accountants Edition of Xero's online accounting
system is a way to help clients keep up-to-date and manage their accounts better.

"They'll thank you for that."

Moving to online accounting using Xero Accountants Edition offers other specific
benefits for accountants, including:

Bank statement data capture (that's easy to keep up to date)

Easy-to-run VAT returns and management reports

24/7 access to clients' real time financial information

Year-end compliance becomes much more efficient

Having a standard system for all clients speeds up processing time

# Everything is online so you can work with clients across the UK

Xero Accountants Edition is available via Xero accountant and bookkeeper partners.

Further links / information:

Learn more about how Xero online accounting software can help you
http://www.xero.com/overview/

Test drive Xero web-based accounting software https://www.xero.com/signup/

Contact Xero's online accounting media and marketing team ukpress@xero.com
Press Release Submission By PressReleasePoint(http://www.pressreleasepoint.com)

Web Site: http://www.xero.com

Contact Details: Lucy Whittington
Xero
London, UK
0800 085 3719
ukpress@xero.com
http://www.xero.com