An accurate accounting system is essential to a successful business. In the absence of this, businesses would have difficulty chasing accounts payable, paying employees, and filing accurate taxes.

Xero, the global small business platform, has announced it has implemented a Generative AI (GenAI) solution in Xero Central to help deliver accurate support answers faster for its millions of customers and users.

Business ownership entails paying taxes. In order to stay in business, all companies, even sole traders, must keep up with their tax payments.

Policymakers have a golden opportunity to help small firms make the most of tourism season this summer as the holiday season kicks off, according to the Federation of Small Businesses (FSB.)