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Normanby
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My $0.02 worth: Xero can cope with all that, the cash takings and expenses paid using cash too.
I’ve used Banklink and MYOB live accounts to evaluate bank-feed systems, and Xero left them both in the dust.
I used Xero for 12 months for my own practice’s bookkeeping before being confident to recommend it to clients. I now have a couple of dozen clients on Xero, and their BASes and tax returns are so simple that their accounting bills have come way down (unthinkable!).
Cheers,
Matt Waite
Accountant
http://www.nohassleaccounting.com.au