Up to 10 staff could be freely set up in your Xero Practice Manager if you are a Xero Gold or Silver Partner. You would already know that Practice Manager supports task based billing but a little lesser known fact is that differential rates can be recognized for each staff based on the value they generate, by virtue of their experience and expertise. Superior staff performance can be the result of higher productivity – where they do the same job in lesser time, or greater expertise, where only they can do the job. If you have not been recognizing differential rates across your staff yet and putting it to strategic use in your management, here is what you should consider. 5 steps to turbocharge your Staff Management using your Xero Practice Manager: Step 1 : EASY – First get your staff into Practice Manager: Go into your Settings and click on Staff and hit Invite Staff. Enter in all the information followed by all the privileges you wish your staff should enjoy in practice manager and Click Save. Helpful Tip : Even without any privileges set, a staff can look at his/her task and fill in the time corresponding to that task. Step 2 : Sharpen your Pricing Model In Practice Manager: As Mentioned above this is less known information about Practice Manager that it can accommodate different pricing as well as types of billing: Hourly and Fixed Rate Billing Task and Staff Rate Billing Choose the one your practice has been using earlier or find out if you can improve profitability trying out another type of billing available to you in Practice Manager. Helpful Tip : Set up both the Staff and Task hourly […]
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