Contacts on Xero

Setting up contacts in Xero significantly enhances your ability to manage customer relationships more effectively. By establishing credit limits, applying discounts, and defining payment dates, you can customise your financial dealings to align perfectly with both your business strategies and your customers’ unique needs.

This setup improves overall oversight, enabling you to easily identify which contacts contribute the most in terms of spending and which ones generate significant revenue for your business. By diligently tracking these vital details, you are better equipped to make informed and strategic decisions that will ultimately enhance your financial management practices.

Watch this video, here we learn how to set your contacts up:

Making sure your business is set up in Xero correctly before using it is crucial to ensure accurate and reliable financial information, which allows you to understand how your business is doing and make smart choices.