Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Sharesight Becomes a Xero Network Partner

Sharesight Limited.

Sharesight Becomes a Xero Network Certified Partner

Online share portfolio management service Sharesight has partnered with listed online accounting provider Xero, allowing Sharesight users to automatically upload share investment data into Xero’s accounting system.

Sharesight customers will now be able to link their Sharesight portfolio to a Xero account. The new partnership offers a seamless solution between portfolio management and portfolio accounting.  

Xero CEO Rod Drury has followed Sharesight’s development with interest. He says Sharesight is an excellent online portfolio management service that will extend and enhance the Xero service. “We’re delighted to have Sharesight as a Xero Partner.”

Sharesight CEO, Tony Ryburn says that this is a very exciting development for Sharesight.  He notes that there is an extensive network of accountancy and bookkeeping firms using Xero to maintain their clients’ accounting records and that a growing number are now using Sharesight to manage investments on behalf of their clients.

 Mr Ryburn says that a key benefit of using Sharesight is that it saves clients’ time and money by automatically producing all the data they need for taxation and accounting purposes.

 “The partnership with Xero takes this to the next level because clients can now have all this information automatically transferred into their Xero accounting system.”

Mr Ryburn says that a growing number of Sharesight’s customers are family trusts and private companies that own shares. By linking their online Sharesight portfolios directly to Xero’s online accounting platform they get the best of both worlds.

 Stephen Nicholas, CEO of Accounting firm Openside says the partnership will help simplify accounting for share market investments.

 “Accounting for shares causes headaches for many investors. The addition of Sharesight to the Xero network will greatly simplify the process and provide a number of benefits to individuals and professionals alike.”




© Scoop Media

Business Headlines | Sci-Tech Headlines


Stats NZ: Consents For New Homes At All-Time High

A record 41,028 new homes have been consented in the year ended March 2021, Stats NZ said today. The previous record for the annual number of new homes consented was 40,025 in the year ended February 1974. “Within 10 years the number of new homes ... More>>

Stats NZ: Unemployment Declines As Underutilisation Rises

The seasonally adjusted unemployment rate decreased to 4.7 percent in the March 2021 quarter, continuing to fall from its recent peak of 5.2 percent in the September 2020 quarter but remaining high compared with recent years, Stats NZ said today. ... More>>


Digitl: The Story Behind Vodafone’s FibreX Court Ruling

Vodafone’s FibreX service was in the news this week. What is the story behind the Fair Trading Act court case? More>>

Reserve Bank: Concerned About New Zealand's Rising House Prices

New Zealand house prices have risen significantly in the past 12 months. This has raised concerns at the Reserve Bank of New Zealand – Te Putea Matua about the risk this poses to financial stability. Central banks responded swiftly to the global ... More>>

Westpac: Announces Strong Financial Result

Westpac New Zealand (Westpac NZ) [i] says a strong half-year financial result has been driven by better than expected economic conditions. Chief Executive David McLean said while the global COVID-19 pandemic was far from over, the financial effect on ... More>>

MYOB: SME Confidence In Economic Performance Still Cautious

New insights from the annual MYOB Business Monitor have shown the SME sector is still cautious about the potential for further economic recovery, with two-in-five (41%) expecting the New Zealand economy to decline this year. The latest research ... More>>