Running your company
After you've signed up, completed your application, got approval, and got your bank account, you
can start running your company. As you've signed up with Xolo Leap, and we're taking care
of the daily administrative tasks, you'll be able to serve your clients more efficiently,
without worrying about your taxes or the legal sides of running your business.
The first thing you
'll get once everything is completed, is access to your Xolo self-service dashboard. Here
also be able to create or upload invoices, to match every incoming payment to your company.
you'll also need to upload any expense documents, matching all outgoing payments you make. If
have business expenses, you may need to explain the expense and why it was necessary, and you
see more information about expenses in our FAQs.
If you do choose to create your invoices within the self-service dashboard, it's helpful to know
that we'll calculate the correct taxes for you. You're also able to duplicate invoices from
previous ones, and choose your customer from a predefined list so you don't need to write
everything out every time.
It can't be overstated how important it is that your finances are conducted correctly and
according to the law. Whilst we take care of a lot of this, these are the things you'll need to
do monthly to assist us:
- If you're not with LHV, upload copies of your bank statements
- Make sure all incoming payments have a corresponding invoice (either created in
self-service, or uploaded)
- Make sure all outgoing payments have a corresponding expense document
- Make sure all business expenses are proper and correct
- Reply to our emails or requests in a timely manner
- (Annually) Review and sign documents when requested
Using the self-service dashboard should keep your life simple, and you shouldn't need to use any
other accounting software for your company. We try and keep the complexity to a minimum so
everything is displayed cleanly and simply, and you aren't in any doubt about your company's
finances. We're also always happy to assist with any questions you have, so don't ever hesitate
to drop us an email.
The same people who'll be assisting you, are the people who run your account, prepare payments,
declare taxes, contact you for documents, compile your annual reports, and request your digital
signature when needed. The human aspect of Xolo is crucial, and ensures you receive the
best possible service and support at all times.
And we're always open to feedback. The work never stops for you, and it never stops for us
either. We're constantly looking for ways to improve our product and add new helpful features to
our self-service dashboard, so if you have any suggestions, let us know. We want Xolo Leap, and
Xolo itself, to be the best it can be, so you can be even better.