Cloud accounting solution Xero announced the expansion of Xero Payroll to new states, along with enhancements to its inventory tracking tools.
Xero Payroll has been extended to Nevada and Illinois, which join the states where it was previously available: California, Colorado, Florida, Indiana, Maryland, New Jersey, New York, Tennessee, Texas, Utah and Virginia. The Xero Payroll team will next focus on rolling the service out in Alaska, Hawaii, New Hampshire, North Carolina, Washington and Wyoming. More information on Xero Payroll is available here.
“The payroll team at Xero is working non-stop to ensure we deliver the best customer experience while supporting as many states as possible,” stated Mark Pinard, Xero’s director of product marketing and strategy for global payroll. “I’m thrilled that Xero is now able to serve more than half of all small businesses here in the United States.”
Xero has also streamlined inventory tracking by offering a new Item Inventory List Report, which provides a real-time snapshot of the amount and value of inventory so users can count inventory, provide an inventory audit trail, reconcile the asset ledger in terms of value at a certain date, and order new products accordingly.
“Managing inventory is an important element for any small business who sells products—and we feel passionately that detailed information about inventory should be at business owner’s fingertips at all times,” stated Angus Norton, Xero’s chief product officer.
The Item Inventory List Report also includes stock that hasn’t moved during the month, the value of each product, and the total value of the inventory.
“Our focus on developing and improving value-added features like payroll and inventory tracking is very important to our customers and us here at Xero,” stated Russ Fujioka, U.S. president of Xero. “As a cloud-based solution, we gain insights today that help us shape our product and translate to value for our customers as we help prepare them for their future.”
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