Bookkeeping
Xero bookkeeping
Full-service bookkeeping delivered inside Xero for Hong Kong companies, in a file that stays in your name, using Xero's own bank feeds, rules and reporting, kept to a standard your practising Hong Kong CPA can audit directly at year end.
Bank reconciliation summary
Illustrative client · August 2026
HKD
| Account | Difference | Status | ||
|---|---|---|---|---|
| Operating account··4821 | 184,220.16 | 184,220.16 | 0.00 | Reconciled |
| Reserve account··0937 | 60,000.00 | 60,000.00 | 0.00 | Reconciled |
| Company card··1006 | (12,418.52) | (12,418.52) | 0.00 | Reconciled |
| Card processor clearing | 8,905.40 | 8,905.40 | 0.00 | Reconciled |
| Payroll clearing | 0.00 | 0.00 | 0.00 | Reconciled |
Last weekly runFri 28 Aug, every account agreed to its statement.
Two open itemsTwo card receipts requested from you, marked on the card account until they arrive.
Illustrative. An example of the document, not a client's figures.
Why Xero fits many Hong Kong companies
Xero is one of the two most common ledgers among Hong Kong companies, particularly those with foreign directors, multi-currency operations, or a Hong Kong entity sitting inside a wider regional structure. Its multi-currency handling and open bank feeds suit a jurisdiction where a single company can easily transact in HKD, USD and RMB in the same month.
What we set up and maintain
We set up or tidy your Xero organisation under your own subscription, connect bank rules and app integrations to speed up coding over time, and carry out the full monthly categorisation, reconciliation and close inside Xero itself. Where your company holds MPF, payroll or intercompany balances, those get their own tracked accounts rather than being buried in general ledger lines.
Kept ready for your statutory audit
Because every Hong Kong company needs an annual audit by a practising Hong Kong CPA regardless of size, we keep the Xero file at a standard that auditor can work from directly: consistent coding, reconciled accounts, and Xero's own reports plus custom reports where the standard set does not cover what your auditor asks for.
Access and control
You add us as an advisor at whatever access level you choose, and you can revoke that access at any time. The Xero subscription and the underlying company data stay yours throughout; nothing about the engagement changes who owns the file.
Moving into Xero
If your company currently runs on another platform, we migrate the chart of accounts, contacts, open invoices and bills, and prior-period balances across, then continue monthly bookkeeping inside Xero going forward. See pricing for how plans are structured.
Questions
Frequently asked questions: Xero bookkeeping
Can you migrate us from another platform into Xero?
Yes. We move the chart of accounts, contacts, open invoices and bills, and prior-period balances across.
Does Xero handle Hong Kong's multi-currency needs well?
Yes. Xero's multi-currency handling suits companies transacting in HKD alongside USD, RMB or other currencies, which is common for Hong Kong entities.
Will our Xero file be ready for our statutory audit?
We keep it reconciled and consistently coded each month so your practising Hong Kong CPA can audit directly from the file, without a separate cleanup pass.
Do we need to buy the Xero subscription ourselves, or does Finbryn provide it?
You hold and pay for your own Xero subscription, in your company's name, so the file and its history stay yours regardless of who is doing the day-to-day bookkeeping inside it at any given point in time.
Can you work alongside Xero add-ons we already use, such as Dext or A2X?
Yes. Existing connected apps stay in place, and we work from what they push into Xero rather than asking you to remove or replace tools your business already relies on for receipts or marketplace payouts.
Do you need to be added as our advisor in Xero?
Yes, at whatever access level you choose, and you can revoke it at any time.
Can you move us from another platform into Xero?
Yes. We migrate the chart of accounts, contacts, open invoices and bills, and prior-period balances.
How is xero bookkeeping priced?
Pricing for xero bookkeeping depends on your transaction volume, the software you use, and how much cleanup is needed before ongoing work starts. Current ranges are published on the pricing page, and your exact fee is confirmed in writing before anything begins.
What software works with xero bookkeeping?
Xero bookkeeping runs inside Xero or Dext, whichever you already use. If you are not yet set up in either, we can configure a file in your name so you keep ownership of it once the engagement is under way.
Related services
- BookkeepingMonthly bookkeepingOngoing monthly bookkeeping: transactions sorted into categories, accounts reconciled and month-end reports delivered in the software you already use.
- BookkeepingQuickBooks Online bookkeepingFull-service bookkeeping delivered inside QuickBooks Online, in a file that belongs to you, using the app connections and reports the platform already offers.
Industries
- Ecommerce (Amazon and Shopify)Bookkeeping for online sellers on Amazon, Shopify, Etsy and their own storefronts, built around clean payout and sales tax data.
- Professional servicesBookkeeping for professional service firms such as engineering, architecture and IT consulting billing clients by project or retainer.
Next step
Talk to the team that would run your books
A short call covers your setup, your software and what a first month would look like. You get a written scope and price after it.