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Company Final Accounts Prepation Using Xero, Bookkeeping and Payroll

CPDQE Accredited | Dual Certificates | Lifetime Access | Easy Refund


Skill Arts

Summary

Price
Save 19%
£12 inc VAT (was £14.99)
Offer ends 31 May 2024
Study method
Online, On Demand What's this?
Duration
6.5 hours · Self-paced
Qualification
No formal qualification
Certificates
  • CPDQE Certificate on Xero Training - Free
  • Reed Courses Certificate of Completion - Free
Additional info
  • Tutor is available to students

2 students purchased this course

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Overview

Why Study This Company Final Accounts Prepation Using Xero, Bookkeeping and Payroll Diploma?

  • Job postings mentioning Xero in the UK grew by 80% year-on-year in 2023.
  • A survey by Robert Half found that 72% of UK finance professionals consider Xero skills "highly desirable"
  • The average salary for a Xero-certified accountant in the UK is £42,000.
  • 56% of small businesses worldwide are actively seeking to hire individuals with Xero expertise.

Learning Outcomes:

  • Efficiently set up and manage business accounts in Xero.

  • Master Xero's chart of accounts, tracking categories, and project management.

  • Effectively handle Xero-based supplier and customer transactions, including invoices and credit notes.

  • Proficiently manage fixed assets, inventory, and perform bank reconciliations within Xero.

  • Successfully execute payroll, handle VAT returns, and manage multicurrency transactions using Xero.

CPDQE Accreditation

This Xero Training Diploma is CPDQE accredited. CPD is a globally recognised parameter for continuous professional development acknowledged by thousands of professional bodies, employers and academic institutions in the UK and around the world.

Dual Certificates

After completing this Xero Training Diploma, you will receive a course completion certificate from Reed. Also, you will receive a CPDQE-accredited signed certificate from SkillArts.

Curriculum

5
sections
37
lectures
6h 32m
total

Course media

Description

Company Final Accounts Prepation Using Xero, Bookkeeping and Payroll Course Syllabus

  • Beginner Level

    • Introduction to Xero and Company Setup: Understand the basics of Xero and setting up a company.
    • System Configuration in Xero: Learn to configure Xero for company financial management.
    • Managing Customers and Suppliers in Xero: Acquire skills in setting up and handling customers and suppliers.
    • Fixed Assets and Inventory Management with Xero: Understand managing fixed assets and inventory in Xero.
    • Bank Transactions and Reconciliations in Xero: Learn to manage bank payments, receipts, and reconciliations.
    • Petty Cash Handling in Xero: Master the management of petty cash transactions using Xero.
  • Intermediate Level

    • Advanced Bank Reconciliation in Xero: Enhance skills in performing detailed bank reconciliations.
    • Managing Business Credit Card Accounts in Xero: Learn the specifics of handling business credit card transactions.
    • Creating Aged Reports in Xero: Develop the ability to create and analyze aged debtors and creditors reports.
    • Payroll Processing and Journaling in Xero: Gain proficiency in processing payroll and posting payroll journals.
    • VAT Return and Compliance in Xero: Master the preparation and submission of VAT returns using Xero.
  • Advanced Level

    • CIS Return Handling in Xero: Learn to manage and file Construction Industry Scheme (CIS) returns.
    • Understanding Accruals and Prepayments in Xero: Acquire knowledge about accrual and prepayment accounting.
    • Managing Accrued and Deferred Income in Xero: Learn to handle accrued and deferred income effectively.
    • Depreciation Journals and Reporting in Xero: Master the creation and management of depreciation journals.
    • Advanced Management Reporting with Xero: Gain skills in producing detailed financial and management reports.
    • Budget Preparation Techniques in Xero: Learn the process of preparing and managing budgets in Xero.
    • Cash Flow Management in Xero: Acquire expertise in preparing and analyzing cash flow statements.
    • Utilizing Payment Services in Xero: Understand how to integrate and use payment services with Xero.
    • Effective Use of Bank Rules in Xero: Learn to create and apply bank rules for transaction efficiency.
    • Multicurrency Transactions in Xero: Gain insights into handling multicurrency transactions in Xero.
    • Exploring the Xero App Marketplace: Understand how to leverage the Xero App Marketplace for enhanced functionality.
    • Navigating Xero Resources During Covid-19: Access and utilize Xero resources relevant to Covid-19 challenges.
    • Error Correction and Troubleshooting in Xero: Learn techniques for identifying and correcting errors in Xero.

Who is this course for?

  • Payroll Manager
  • Payroll Administrator
  • Financial Analyst
  • Tax Accountant
  • Bookkeeper
  • Payroll clerk
  • Payroll Officer

This course will pave the way for higher study in the field of Xero. You can enrol on higher level Xero courses, such as:

  • Level 2 Certificate in Bookkeeping with Xero
  • Level 3 Advanced Certificate in Accounting with Xero Practice
  • Level 4 Advanced Diploma in Xero Payroll Management
  • Level 5 Diploma in Cloud Accounting with Xero Specialisation

Questions and answers

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Certificates

CPDQE Certificate on Xero Training

Digital certificate - Included

Reed Courses Certificate of Completion

Digital certificate - Included

Will be downloadable when all lectures have been completed.

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.