Client Profile – B&N Properties

By . Posted in Accountants and Business Advisors, Business Growth, Small Business, Xero.

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This months client profile for Sidekick is on Brent & Nikki from B&N Properties who run a specialist property management company in Blenheim, Picton, Christchurch & Ashburton. It’s their goal to free up your time and distance yourself from any tenant problems. We’ll let Brent tell you more about B&N Properties, keep an eye out for a special deal for Sidekick clients.

Tell us a little about yourselves and what you do at B&N Properties.
We make rental property ownership stress free for the investors, we take care of every aspect of property management with emphasis on tenant selection and thorough property inspections

Where can people find you?
We operate from home to keep our costs down, we can be contacted on 0800 111 252 or brent@bnproperties.co.nz

How did you get into the Property Management industry?
Firstly by investing in properties ourselves, then we started managing other people’s properties, it grew from there

What is one piece of advice for business owners in your industry? Can you share any lessons learnt from business struggles or challenges that you’ve overcome?
Don’t be convinced to sell if things are not going as well as expected, tenant problems or maintenance issues can be resolved, you don’t want to be that investor that looks back 10 years later and says “I wish I didn’t sell that property” (when the value has doubled). Either educate yourself well to manage your own property or employ an independent property manager. Independent property managers have no ulterior motive, they don’t want to sell your property.

What accounting system (if any) were you using before moving to Xero? How did that compare to Xero?
MYOB. Xero is a superior product, easier to use, more functions.

Why did you choose our Sidekick service for your business?
Ric made me! Plus our old accountant wasn’t up to much.

We hope that with Sidekick on board taking care of your accounts, you have found more time to do the things you really enjoy. So what is it that you love to do with your spare time?
Boating and fishing.

Do you have any deals that you’d like to share?
Sign with us before the end of October and pay no advertising costs for the first 12 months.

There you have it! To find out more about B&N Properties go to bnproperties.co.nz


Xero’s best kept secret – Xero Files

By . Posted in Cloud Software, Solutions, Xero.


Xero has it’s own document storage facility and we want you to be making the most of it!

Not only can Xero store online copies of your documents, but you can attach them to transactions when reconciling, invoices or bills, expense claims, or you can simply leave documents in your files inbox for your accountant to use when doing your end of year accounts.

Here are the simple steps to take to save you from keeping shoe boxes full or receipts, or clogging your email inbox with power bills. Scroll down to see how to use the phone App to add files.

On your computer:

Log into Xero, and click the Xero files icon that you can see circled below, this will take you to your files inbox.

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The email address you can see on the right is your own unique email address for your Xero account. Any documents that you send to this address will automatically upload into your Xero files inbox. Alternatively, you can upload a file from your computer, or take a photo using your webcam.

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Keep your files tidy by creating folders. How you organise them is up to you, you could create a folder per year, month, file type, or whatever makes the most sense for your business.

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Once you have imported your files, simply drag and drop them into your folders on the left or tick the box next to the file and choose a folder by clicking “Move to”. Alternatively you can open a folder and upload files directly into it. If you click “Add to new” you can add the file directly to a new invoice, bill, expense claim, or a receive/spend money transaction. To rename the file, click the cog to the right of the file and select “Rename”.

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On your phone:

Log into the Xero app on your phone, and click on the menu symbol in the top left hand corner. Click on the “Files” option to open your Xero files inbox.

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Click “Upload Files…” then select “Take Photo” to use your phone camera to take a photo, or select “Choose Photo” to pick a photo from your camera roll. To upload a file into a particular folder, click on “Inbox” at the top of the screen to bring up a list of your folders.

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