ACCRUE and XERO With Xero we can view your information on-line. There is no need to send data files back and forth, or for either party to upgrade software to be compatible with the other. The security of financial information is important to all of us. XERO stores the data on secure corporate grade servers that are automatically backed up. The data transferred between you and the servers is encrypted and it is the same level of encryption which is used for internet banking. ACCRUE and MYOB If you are a current MYOB user you may be reluctant to change accounting software or not want your accounting data to be stored “in the cloud”. MYOB offers a package that allows bank transactions to be electronically fed into your data file without needing the file to be stored “in the cloud”. This package is MYOB AccountRight Live. MYOB AccountRight Live is a product that can be used online, offline or a combination of both. If you wish to stay ‘out of the cloud’ entirely and work offline you will need to provide us with a copy of your data file by either USB, CD or as an email attachment. This is applicable for older ‘non cloud’ versions of MYOB.