Xero Accounting Packages
Prism Consultancy provides the following packages which include Xero subscription, bookkeeping, preparation of unaudited financial statements ready to be passed to auditors.
- Xero Starter plan subscription included
- 10 invoices, 5 bills; Reconcile 20 bank transactions
- Xero setup includes: Invoice format, chart of accounts, input of all account balance into Xero, setup guide, and daily operation instructions (** See Note 1)
- Linking bank feeds incl. HSBC, or other banks (if available)
BEST STARTER PLAN
- Xero Standard plan subscription included (+HK$185 per month to upgrade to Premium plan)
- Up to 70 transactions per month (incl. all bank transactions, invoices and bills)
- Additional transaction per month: HK$ 15 per transaction (** See Note 1)
- Xero setup includes: Invoice format, chart of accounts, input of all account balance into Xero, and one-hour training workshop
- Unlimited phone consultation
- Xero Standard plan subscription included
- Up to 150 transactions per month (incl. all bank transactions, invoices and bills)
- Additional transaction per month: HK$ 15 per transaction (** See Note 1)
- Xero setup includes: Invoice format, chart of accounts, input of all account balance into Xero, and one-hour training workshop
- Unlimited phone consultation
- Xero Standard plan subscription included
- Up to 300 transactions per month (incl. all bank transactions, invoices and bills)
- Additional transaction per month: HK$ 12 per transaction (** See Note 1)
- Xero setup includes: Invoice format, chart of accounts, input of all account balance into Xero, and one-hour training workshop
- Unlimited phone consultation
- Xero Standard plan subscription included
- Up to 600 transactions per month (incl. all bank transactions, invoices and bills)
- Additional transaction per month: HK$ 12 per transaction (** See Note 1)
- Xero setup includes: Invoice format, chart of accounts, input of all account balance into Xero, and one-hour training workshop
- Unlimited phone consultation
Benefits of Xero Packages
1. Training for your key accounting staffs:
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One hour one-to-one training (with maximum three persons) on setup and daily operations of Xero.
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Useful operational notes and videos are made available for your staffs to learn and review from time to time.
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Unlimited phone consultation for two months.
2. Xero account set up:
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Setup of the chart of account.
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Input of all the latest balance.
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Setup of invoices in the format of your preference.
3. If you would like us to convert all the contact details of your clients and/or suppliers into Xero, please provide more details and we will give you further quote:
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Which fields and/or information you would like to convert, for example, name, phone number, email, etc?
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How many contacts are to be converted to Xero?
4. If you would like us to convert all the previous accounting details into Xero, for example, all transactions, its general ledgers and others, please provide more details and we will give you further quote:
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The general ledger and audited financial report of the year.
** Note 1:
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Book all expenses and payments into Xero with attached invoices so that all expenses can be tracked.
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Record transactions such as income and outgoings, and post them to various accounts.
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Conduct banking activities.
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Produce financial reports that are ready for auditing.
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Reconcile reports to third-party records such as bank statements.
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Maintain records of financial transactions by establishing accounts, post transactions, and ensure to meet compliance requirements.
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Balance general ledger by preparing a trial balance, and reconcile entries.
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When subscribing to the monthly plan, you will be charged a 2-month deposit in advance.
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After subscribed to the monthly plan, a termination notice with two months in advance has to be submitted to Prism Consultancy. Otherwise, your deposit will be deducted on pro-rata basis due to your short termination notice.
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When the monthly plan is terminated in shorter than 12 months, HK$1,500 will be charged for the attended 1-hour training workshop.
