Xero
Xero is a leading cloud-based accounting platform used by businesses to manage their finances in real time. It brings day-to-day bookkeeping into one place, helping owners and finance teams stay on top of invoicing, bank transactions, bills, VAT, reporting, and payroll integrations—anytime, anywhere. Because it’s cloud-based, data is securely stored online and can be accessed by you and your accountant simultaneously, making collaboration faster and reducing the need for manual spreadsheets and back-and-forth emails.
Cheylesmore Accountants are Gold Xero Partners, which recognises firms with strong experience in implementing and supporting Xero for clients. This means we can help you get set up correctly from the start, tailor Xero to suit the way your business works, and provide ongoing guidance to improve accuracy, streamline processes, and keep you compliant. Whether you’re moving from spreadsheets or switching from another accounting system, we can support the transition and ensure you’re getting the most value from Xero’s tools and reporting.
Receipt Bank
Dext Prepare (formerly Receipt Bank) is a leading cloud-based bookkeeping and expense capture tool that helps businesses keep on top of their paperwork with far less manual data entry. It allows you to snap photos of receipts, bills, and invoices (or email them in), and Dext uses smart extraction to pull out key details like supplier, date, totals, and VAT. Everything is then organised and stored digitally, creating a clear audit trail and making it easier to find documents later—especially useful for VAT checks or year-end accounts.
Used alongside cloud accounting software such as Xero, Dext streamlines the flow of information from “paperwork received” to “transactions posted.” It helps reduce errors, speeds up processing, and ensures records are kept up to date. For business owners, that means better visibility over spending and cashflow; for accountants, it means cleaner, more consistent records and a smoother year-end or VAT return process.
Fluidly
Fluidly is a smart cashflow forecasting system designed to help businesses understand where their cash position is heading—not just where it’s been. By connecting to your cloud accounting software (such as Xero) and pulling in real-time financial data, Fluidly can create forward-looking cashflow forecasts based on your current bank balances, income, expenses, and expected payment timings.
It helps you plan with more confidence by modelling different scenarios—such as changes in sales, supplier costs, or payment delays—so you can see the likely impact before it happens. This makes it easier to spot potential cash pinch points early, manage working capital, and make informed decisions around spending, recruitment, investment, or funding needs.