If you are adding lots of Xero ledgers, your Xero account manager can help you get "shells" set up. They need data in MS excel.
A shell is a Xero organisation completely empty except for your new master chart of accounts, plus a few basic details.
The value is you are saved having to add them all one-by-one.
The best way to figure out how many ledgers you need is, go into your tax software or ATO portal, export a report of "lodged tax returns". Remove individual, FBT and SMSF and you will be left with sole traders, partnerships, companies and trusts.
Get started early and use our basic template below.
Download the basic template here.