Month-End Guides
Guides for a faster, cleaner month-end
Plain-English explainers on accruals, prepayments, deferred income and closing the books on Xero.
Prepayments
How to account for prepayments in Xero (with examples)
A step-by-step guide to recording and releasing prepayments in Xero — with worked examples and a faster, automated alternative.
2 min readRead
Accruals
Accruals vs prepayments: what's the difference?
Accruals and prepayments both smooth costs across periods — but they work in opposite directions. Here's a plain-English explainer.
1 min readRead
Automation
How to automate accruals and prepayments in Xero
Stop hand-cranking month-end journals. Here's how to automate accruals and prepayments end-to-end on top of Xero.
2 min readRead
Month-end
A practical month-end close checklist for Xero
A repeatable, reviewer-friendly month-end checklist for teams running the close on Xero.
1 min readRead
Deferred income
Deferred income & revenue recognition explained
What deferred income is, why it sits on the balance sheet, and how to recognise revenue correctly — with a simple example.
1 min readRead