Chris Steward, the part owner of Lola's Pet Supplies, has contacted you because they are considering replacing
Question:
Chris Steward, the part owner of Lola's Pet Supplies, has contacted you because they are considering replacing their current accounting package, 'MYBP' with Xero. Chris is unfamiliar with Xero and is not sure whether their current bookkeeper will have the skills necessary to operate a new accounting software program. Furthermore, Chris is concerned about the security risks associated with using a cloud-based program. Required: a short essay including the following: A personal reflection of your experience using Xero, discussing advantages and disadvantages of using the program, including any difficulties you faced and identifying potential areas for improvement (if any). The internal controls you have identified in the use of the software, potential weaknesses (if any), and ways to mitigate these weaknesses. A recommendation to Chris as to whether you think Xero will be appropriate for their business, considering their bookkeeper's low level of accounting skills. S