Hi all,
I recently started using Xero for my accounting needs as a small business owner. My life has become so much easy after buying the subscription since I am able to manage the recordkeeping all by myself. However, I know that this is not sufficient, and I will need a bookkeeper as the company will grow and the number of transactions will increase. I know this for sure because online tools cannot provide the financial advice offered by accounting experts. They are well-versed in the laws, tax concessions, compliance regulations, cost-cutting measures, budgeting, cash flow forecasting, etc. You cannot replace them. Here is an article that will explain this better.