Xero Accounting Essentials by IOA

International Open Academy

Proof of Completion

Digital certificate - Included

Module Exams

Included in course price

Do you run a business but spend too many hours poring over the accounts? Would you love a career change adventure in a high-growth, in-demand job? Would you like to use Xero to its full potential to seriously help your business?

You need to learn about cloud-based SaaS Xero accounting software, which simplifies business finances.

How do I set up Xero? It has so many features, where do I start?

By asking the expert.

You’re the very reason we teamed up with accountant and Xero expert Simon Gawn to compile this course. With his help, you will have your Xero account up and running quickly and efficiently.

What does Xero accounting software do? Be able to:

• Set up a Xero account and find your way around the dashboard
• For new clients, know how to add Xero account to the system and also know how to delete Xero account
• Add sales invoices, bills and expense claims
• Add your bank accounts to Xero so you can monitor your transactions and financial status in real-time
• Automate invoices so they are sent out on time. The sooner clients receive an invoice, the faster they will pay it
• Set up your payroll, pay run and timesheets
• Run and publish many financial reports
• Use other handy features such as:
  
  • creating budgets
  • working in multiple currencies
  • using fixed assets
  • sharing access in Xero with your work colleagues
  • Seeing how to give accountant access to Xero

If you are ready to use Xero to free up your time to do the job you love, start this course now.

How is the Xero Accounting Essentials course assessed?

There is a short multiple-choice exam at the end of each module for you to take and you’ll know your score immediately.

By studying Accounting online with IOA, you do not pay an extra fee for sitting an exam or have to wait for a set date to sit an exam.

Xero Accounting Essentials Course Syllabus

Module 1: Getting Started With Xero

• 1.1. Meet your tutor, accountant and Xero expert, Simon Gawn
• 1.2. Course overview and first steps
• 1.3. Setting up your company
• 1.4. Your Xero dashboard
• 1.5. Chart of accounts
• 1.6. Your products and services
• 1.7. Branding your invoices

Module 2: Invoices, Bills, And Expenses

• 2.1. Adding a sales invoice
• 2.2. Adding bills to pay
• 2.3. Credit notes
• 2.4. Other features on bills and invoices
• 2.5. Expense claims

Module 3: Bank Accounts

• 3.1. Introduction to bank accounts
• 3.2. Bank reconciliation - Matching
• 3.3. Bank reconciliation - Transfers
• 3.4. Bank reconciliation - Create transactions
• 3.5. Bank rules
• 3.6. Cash coding

Module 4: Payroll, Other Features And Settings

• 4.1. Setting up payroll with Gusto
• 4.2. Find and replace function
• 4.3. Manual Journals
• 4.4. Budget manager
• 4.5. Fixed assets and depreciation
• 4.6. Multicurrency

Module 5: Reports

• 5.1. Reports overview
• 5.2. Running and publishing reports
• 5.3. Custom reports
• 5.4. Tracking

• Everyone who did not start their business in order to become a bookkeeper. Learn to use Xero to simplify accounts and automate many financial transactions
• Online sellers, entrepreneurs and business owners who want to streamline and automate their accounting
• Anyone thinking of working with the software or who wants to apply for jobs where you need to use Xero
• Accountants and bookkeepers who want to offer Xero services to their clients
• Finance officers and payroll officers who can see the advantages of using a cloud-based accounting service which can be shared throughout the organization

This Xero Accounting course is open to all, with no formal entry requirements.

• Existing employees in the accounting industry could earn a promotion or raise by increasing their skills and knowledge
• Confidently do the books and accounting for your own business
• Help other businesses or entrepreneurs set up and work with Xero