This Xero Online Bookkeeping course is about how to use Xero based on the most popular functions which you as a Xero operator need to know how to use, in order to be proficient in using the software.
The learning is structured in a practical way. You are given a practical scenario assignment. There are various tasks to complete. You are given the task to do and have a go at, and then the video answer is available. It is suggested that you:
- Read the task
- Watch the video
- Have a go at it yourself on your own system
- Rewatch the video (if necessary) – to reinforce the learning
You’ll learn how to set up a Xero system from scratch, how to enter opening balances, post customer invoices and credit notes, post supplier bills and credit notes, pay suppliers, petty cash, prepare a VAT return, reconcile the bank, reconcile the credit card, post journals, use the payroll function, write off bad debts, run reports amongst over things.
This is a useful course if:
- You are thinking of working with the software,
- You are going for jobs which have a requirement for you to be able to use this software
- You want to put this skill on your CV
- You are a bookkeeper or accountant and will be using this for clients
- You run your own business and want to know how to use Xero for yourself.
Xero Online Bookkeeping course will cover the following topics:
Topic 1 - Getting Prepared: Access The Software And Course Materials
- Introduction To The Course And Your Tutor
- Activating Your Free Trial With Xero
Topic 2 - Getting Started
- Signing Up For The Free Trial
- Create The Organization
- The Fictitious Scenario
Topic 3 - Setting Up The System
- Add Bank Accounts To The System
- Enter Opening Balances
- Opening Trial Balance
Topic 4 - Nominal Ledger
- Amend The Nominal Ledger
- Chart Of Accounts Report
Topic 5 - Customers And Suppliers
- Enter Customers
- Entering Suppliers
- Reporting Customer And Supplier Information
Topic 6 - Sales Ledger
- Enter Invoices
- Invoicing Tips: Adding Logo And Repeat Billing
- Entering Invoices 6574 To 6610
- Post Credit Notes
- Report Showing Customer Activity
- Aged Debtors
Topic 7 - Suppliers
- Post Supplier Invoices
- Enter Suppliers Invoices 6028 Onward
- Enter More Supplier Invoices No. 4308 Onward
- Credit Notes Suppliers
- Supplier Activity Report
- Aged Creditors Info
Topic 8 - Purchases Ledger
- Receipts From Customers
- Apply Customer Credit Notes
Topic 9 - Sundry Payments
- Post Supplier Cheques
- Apply Supplier Credit Notes
- Print List Of Bank Receipts And Payments
Topic 10 - Sundry Payments
- Post Sundry Payments
- Make A Credit Card Payment
Topic 11 - Petty Cash
- Post Petty Cash Transactions: Week 1
- Petty Cash: Week 2
- Petty Cash: Week 3
- Petty Cash: Week 4
- Imprest System On Petty Cash
- Report On Cash Payments And Receipts
Topic 12 - Bad Debt
- Writing Off A Bad Debt: Print Customer Statement
- Write Off A Bad Debt
Topic 13 - Credit Card
- Reconcile The Credit Card Statement
Topic 14 - Bank Reconciliation
- Bank Statement As A .Csv File
- Bank Statement Closing Balances
- Reconcile The Petty Cash
Topic 15 - Payroll / Wages
- Wages And Salaries
- Post The Wages Journal
- Report Wages Journal
- Payday
- Pay The Two Staff
Topic 16 - VAT: Value Added Tax
- Depreciation Journal
- VAT Return
Topic 17 - Reports
- Month End Reports PnL, BS, TB
Topic 18 - Payroll Unit
- Using Payroll
- Setting Up Employees
- Running Payroll: An Example
Topic 19 - Conclusion
