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Xero Accounting and Bookkeeping Diploma Level 3 *Early Christmas Offer Only £24*

CPD certification I Exam included I Lifetime access


London Institute of Business & Management

Summary

Price
£309 inc VAT
Study method
Online
Duration
Self-paced
Qualification
No formal qualification
Additional info
  • Tutor is available to students

Overview

Learn to use a cloud-based accounting software platform which is designed for small and medium-sized businesses with the Xero Accounting and Bookkeeping Diploma Level 3 course.

Xero is online accounting software that connects you to accountants and bookkeepers, your bank, and a huge range of business services. Xero provides various types of services such as

  • Creating invoicing and quotesUsing Xero, you can create professional recurring invoices and receive updates when they’re opened.
  • Bank reconciliation – The software can import and categorize your latest banking, credit card and PayPal transactions.
  • Inventory – You can easily control your stock using Xero’s inventory software where you can see how much profit you are making and use this information to make the right decisions about what to order and how to price it.
  • Pay your employees – You will able to calculate the payroll, pay employees and manage payroll taxes.
  • Pay bills – Manage cash flow by scheduling payments along with monitoring personal expenses.
  • Purchase orders – Can create a purchase order or can easily convert one to an invoice.

The course covers all the procedures of using Xero software for the above mention purpose. The course adopts a practical approach to teaching. After the basic information, you will be given a task that you need to solve using Xero software. You can rewatch the video tutorial for reinforcing your learning. The answer will be provided further with an explanation in the video. In this way, you will be better acquainted with the software and its use.

By the end of the course, you will be able to use the software professionally and in the office setting.

The course is designed to make you an expert and professional user of Xero software. It will add a great value to your resume if you want to pursue your career in the accounting field. The course helps you to set up a Xero system from scratch. The techniques of entering opening balances, posting customer invoices and credit notes, posting supplier bills and credit notes, paying suppliers, preparing a VAT return, reconciling the bank, reconciling the credit card, posting journals, using the payroll function, writing off bad debts, running reports amongst over things, - everything will be discussed in the course.

Key features of the course:

  • Lifetime access to the course
  • No hidden fees, only pay the price of the course which includes exam fees.
  • Recognised qualification upon successful completion of the course
  • Study from anywhere, anytime, whenever it is convenient for you.
  • Affordable and engaging e-learning study materials
  • Study at your own pace from tablet, PC or smartphone
  • Online tutor support when you are in need.

Course media

Description

What Will You Learn?:

  • Get acquainted with the Xero software and get familiar with the interface.
  • Learn various common functions using Xero software.
  • Know how to set up the system, add bank accounts, enter opening balances, and opening trial balances.
  • Able to amend the nominal ledgers.
  • Know how to enter customer’s information, supplier’s information in the software.
  • Understand the sales ledger and know how to post customer invoices and credit notes to the sales ledger.
  • Learn how to post supplier invoices and credit notes to the purchase ledger.
  • Able to simplify your purchase order process and maintain control using Xero software
  • Able to enter the supplier cheques and record the customer receipts.
  • Learn to prepare VAT return, reconcile the bank, post the wages journal, and more.
  • You will also able to post adjustments to the accounts and produce month-end reports.
  • Understand payroll system including using payroll, setting up employees, and more.

COURSE CURRICULUM

Getting Prepared - Access the software and course materials

  • Introduction To The Course And Your Tutor
  • Activating Your Free Trial With Xero
  • Xero The Book – Coming Soon!

Getting started

  • Signing Up For The Free Trial
  • Create The Organisation
  • The Ficticious Scenario

Setting up the system

  • Add Bank Accounts To The System
  • Enter Opening Balances
  • Opening Trial Balance

Nominal ledger

  • Amend The Nominal Ledger
  • Chart Of Accounts Report

Customers & Suppliers

  • Enter customers
  • Entering suppliers
  • Reporting Customer And Supplier Information

Sales ledger

  • Enter Invoices
  • Invoicing tips – adding logo, repeat billing
  • Entering Invoices 6574 to 6610
  • Post Credit Notes
  • Report Showing Customer Activity
  • Aged Debtors

Suppliers

  • Post supplier invoices
  • Enter suppliers invoices 6028 onwards
  • Enter More Supplier Invoices No 4308 Onwards
  • Credit Notes Suppliers
  • Supplier Activity Report
  • Aged Creditors Info

Purchases ledger

  • Reciepts from Customers
  • Apply Customer Credit Notes

Sundry payments

  • Post Supplier Cheques
  • Apply Supplier Credit Notes
  • Print List Of Bank Receipts And Payments

Sundry payments

  • Post Sundry Payments
  • Make a credit card payment

Petty Cash

  • Add Petty Cash Transactions – Week 1
  • Add Petty Cash Transactions – Week 2
  • Add Petty Cash Transactions – Week 3
  • Add Petty Cash Transactions – Week 4
  • Imprest System on Petty Cash
  • Print a Copy of Petty Cash Receipts and Payments

Bad Debt

  • Writing Off A Bad Debt – Print Customer Statement
  • Write Off A Bad Debt

Credit Card

  • Reconcile The Credit Card Statement

Bank Reconciliation

  • Bank Statement As A CSV File
  • Bank Statement Closing Balances
  • Reconcile The Petty Cash

Payroll / Wages

  • Wages And Salaries
  • Post the Wages Journal
  • Report Wages Journal
  • Payday
  • Pay The Two Staff

VAT - Value Added Tax

  • Depreciation
  • VAT Return

Reports

  • Month End Reports PnL, BS, TB

Payroll unit

  • Using Payroll
  • Setting Up Employees
  • Running Payroll – An Example

Conclude

  • Recap And Next Steps
  • What happens next

Assessment and Certification

The course is assessed online with a multiple-choice test, which is marked automatically. You will know instantly whether you have passed or not. Those who pass this test will have the qualification of Xero Accounting and Bookkeeping Diploma Level 3. Certificate will be produced in PDF format at an additional cost and sent by email.

Who is this course for?

There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.

Questions and answers

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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.

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