All Extension offices with local checking accounts have transitioned their bookkeeping to a single cloud-based software platform called Xero.
Benefits of Xero:
- Creates consistency of local accounting practices across the state
- Strengthens internal controls
- Monthly checking account reconciliation can be performed directly in the software
- Chart of accounts custom built to mirror Workday
- Access managed centrally by Extension Operations
- Enhanced reporting and local checking report integration with Extension Operations’ monthly financial reports
We are excited to use this software and experience the benefits and efficiencies it will bring to our accounting practices.