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Cloud Based Accounting Services in Melbourne

Artificial Intelligence-driven Services

At Cloud8, we believe the accounting service industries are transforming. Traditional accounting are being replaced by cloud based accounting solutions and artificial intelligence-driven services. As one of the leading cloud accounting firms, the Cloud8 team is at the forefront of this transformation.

We are committed to using the latest technology to provide affordable business services that help you run your business more efficiently. We also strive to equip you, our valued clients, with customised, well-researched, and affordable advisory services, offering a level of expertise traditionally available only to large businesses.

As our name suggests, we are 100% cloud-based

Based in Melbourne, we are proud to offer cloud-based accounting services that make managing your business simple and efficient. We are partnered with Xero to deliver a new, innovative, cloud-based accounting solution to our customers.

The Xero ecosystem is unique, consisting of over 700 apps, and through providing access to these, we will not only be your trusted cloud-based accountant but also your business technology and applications advisors.

We can help you implement time-saving and cost-effective cloud bookkeeping apps, drive your business to operate more efficiently, and help you achieve your goals.

What is XERO?

As a business owner with a busy schedule, Xero’s cloud accounting solution helps you manage the daily demands of a small business. Whether you’re working with cloud accounting firms or handling the finances yourself, Xero immediately connects you with live, up-to-date numbers, invoices, reconciliations, trends, and graphs.

Designed to be easy to use and accessible anytime, anywhere, across any device, Xero is perfect for businesses in cloud-based accounting in Melbourne. It will be your right-hand assistant, making short work of managing your books with its cloud bookkeeping capabilities. With cloud-based accounting services, Xero allows you to spend more time doing what you love – running your business.

Cloud-based Accounting Melbourne

Through our Xero partnership,
Cloud8 are able to offer:

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Collaboration in the Cloud

You and your business advisors can use the same data sets at the same time to review financials, identify opportunities and identify areas of concern. This means you can work with your team of advisors to collaboratively address situations in real-time, leveraging the efficiency of cloud-based accounting services.
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Mobile Access

Business today is rarely centred in one place. You are always on the move, and now Xero’s cloud-based accounting solution can move with you. You can access accounts, invoice customers, upload receipts, or check account balances anytime, anywhere, on your smartphone or tablet. This seamless access makes cloud bookkeeping an invaluable tool for your business in Melbourne and beyond.
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Online Invoicing

Shorten the time it takes to receive payments for your jobs with cloud-based accounting. Don’t waste time going back to the office to invoice clients. With Xero’s on-the-go services, you can invoice while you’re still onsite as soon as the job is complete. You’ll also be notified when clients view and pay the invoice, ensuring a faster turnaround.
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Automatic Reconciliation

Need a complete, up-to-date picture of your business? Now, you can reconcile your transactions on the go with Xero, a trusted solution among cloud accounting firms. If you have any questions, just leave a comment on the transaction, and your advisor will review it—another advantage of cloud-based accounting services.
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Painless Payroll

Payroll can be a time-consuming and complicated task for small businesses. Xero eliminates the need for manual data entry with its integrated cloud bookkeeping and payroll solution. Payment updates are automated, while the quick-view portal provides a comprehensive snapshot of staff, timings, and payroll, simplifying operations for businesses in Melbourne and beyond.

Two Must Have Xero Features
for Small Businesses

Here at Cloud8, we understand small businesses. We were in the same position once too. From experience, we know there are two must have features that small businesses need.

Single Touch Payroll (STP)

Single Touch Payroll is a new way of salary reporting to the Australian Tax Office. The purpose is to encourage more frequent digital salary reporting – and it’s changing the way employers operate.

From 1 July 2018, Single Touch Payroll became mandatory for employers with 20 or more employees. From 1 July 2019, all Australian small business employers are required to report their payroll information this way.

At Cloud8, we believe Single Touch Payroll has the potential to significantly increase compliance costs for small businesses. Instead of reporting once a year, employers are required to send employee payroll information to the Tax Office at the same time as their standard pay run. This information includes salary, wages, PAYG withholding and superannuation. We know this can be an imposition. But with the help of our partnership with Xero, we can make the process easier than ever.

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Xero Single Touch Payroll

Single Touch Payroll through Xero is incredibly easy to set up, having been developed with small business needs in mind. The tool lets you file your pay runs with the Tax Office in just a few clicks.
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Flexible Pay Calendars

The tool gives you flexible pay calendars with weekly, fortnightly, twice a month or monthly options.
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Leave Management

Xero’s Single Touch Payroll also helps you manage employee leave, tracking and managing entitlements. In addition, staff can request leave online from their phones.
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SuperStream Compliant

Xero’s payroll solution is SuperStream compliant and has received a gold certification from the Asutralian Tax Office.
Click here to See Prices

Make sure your business is Single Touch Payroll compliant today.
Enquire with us or speak to your business advisor today!

Online, Real-time Invoicing

Are you spending too much time reconciling client invoices and chasing payments? At Cloud8, a leading provider of cloud-based accounting services in Melbourne, we can help you get paid faster with Xero’s online invoicing function.

Xero’s easy-to-use online invoicing software makes it simple for customers to pay you faster. As one of the top cloud accounting firms, we recommend Xero’s online invoicing tool for its efficiency and reliability. The tool gives you the ability to:

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Create and Send Personalised, Professional Invoices

Explore the customisable templates, add or edit themes with your own branding or logo and make them yours.
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Take the Effort Out of Chasing Payments

Xero’s online invoicing tool can send automated invoice reminders to your clients. You just decide when and how often to send them. The tool also allows you to see when a client has opened the invoice and when it has been paid—in real time.
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Online Invoices are Quick and Easy to Create

No need for manual data entry—Xero’s online invoicing tool does it all for you. The tool uses pre-set inventory, replicates previous invoices, and sets up repeat invoices to make the process quicker and easier.
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Secure, Online Invoicing

The security of Xero’s system has been enhanced, with invoices automatically protected from unauthorised changes. The invoice is linked back to your system, and a record of any modifications made is kept. Xero also offers a two-step security approach, protecting both your email and your invoices from being tampered with.

Streamline your invoicing process and get paid faster. Contact us today to learn how our cloud-based accounting in Melbourne and Xero invoicing can help you.

Streamline your invoice process and get paid faster. Ask about Xero invoicing today!

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