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Xero, Quickbooks & Payroll Management

Free Recognise 3 E-Certificate Included + 3 Course Bundle + Video Training + No Additional Fee

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Neutron Skills

Summary

Price
Save 96%
£17 inc VAT (was £525)
Offer ends 20 April 2021
Study method
Online, self-paced
Duration
12 hours
Access to content
12 months
Qualification
No formal qualification
CPD
12 CPD hours / points
Additional info
  • Tutor is available to students

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Overview

Xero, QuickBooks & Payroll Management Bundle will help you get to know everything necessary about the Xero Accounting Software which helps in organizing and carrying out standard accounting and bookkeeping functions and Payroll management which not only help you attract prospective candidates but also helps in employee retention, to look at and manage your purchases, sales, and expenses in one spot.

Learn the various tips and tricks, advantage and disadvantages of Xero Accounting, how this cloud-based accounting system can help you in your job and make your life happy and easy with our Xero, QuickBooks & Payroll Management Bundle. As a business, Xero is on a platform that highlights how critical small businesses are to our global economy. With our Xero Accounting & Payroll Management bundle you can learn to do various things such as currency conversion, automated bank feeds, payroll management etc.

Our Xero, QuickBooks & Payroll Management bundle gives you the overall picture that you as a Payroll Manager would need to know, in order to be proficient in doing the payroll. You’ll learn how to become an employer, how to set up a new starter (employee), how to enter opening balances if they’ve given you a p45 from a previous employer, how to run payroll for various time slots – weekly, fortnightly, 4 weekly or monthly, how to calculate the net and gross, various terminology such as gross, net, NI, PAYE, cut off days, wages, salary, attachment of earnings, pension.

By using our Xero, QuickBooks & Payroll Management Bundle, you will be able to learn quickly and easily to manage your clients better, streamline your processes, keep your data safe and sound, grow your knowledge, manage various actions like income and expenses, tax deductions, reporting, cash flow and so on.

Learning Benefits of Xero, Quickbooks & Payroll Management

  • Boost your career in a Bookkeeping profession, HR and payroll management
  • Introduce to Xero software and how the payroll system works
  • Learn to activate Xero software and get an overview of payroll
  • Study the benefits between different payroll systems
  • Acquire knowledge on how to define payslip components like basic, variable pay, HRA, and LTA
  • Learn to post customer invoices and credit Notes to the sales ledger
  • Learn post-petty cash transactions
  • Boost your career as an accountant
  • Learn how to create a Supplier invoice and credit note
  • Learn how to create Customer invoice and credit note
  • Gain knowledge on fixed assets
  • How to make a bank payment and transfer
  • Learn how to make DD Payments
  • How to turn discretionary funds in the form of Petty cash

CPD

12 CPD hours / points
Accredited by CPD Accreditation Group

Course media

Description

Xero, Quickbooks & Payroll Management Certified by CPD Accreditation Group

Why Choose Neutron Skills?

  • 1-year full access to the course
  • Quality course developed by qualified professionals out of high quality and updated resources
  • Easily demonstrated and interactive lessons almost diminish the gap between virtual and physical training
  • 100% online self-paced courses with 24/7 tutor/customer support
  • Study in a user-friendly, advanced online learning platform
  • Quickly adaptable and always available courses designed to learn on any device

Course Curriculum

Xero Online Bookkeeping

Module 01: Getting prepared

  • Introduction to the XERO and your tutor
  • Activating your free trial with Xero

Module 02: Getting Started

  • Signing up for the free trial
  • Create the organisation
  • The fictitious scenario 01

Module 03: Setting up the system

  • Add Bank accounts to the system
  • Enter opening balances
  • Opening trial balance

Module 04: Nominal Ledger

  • Amend the nominal ledger
  • Chart of Accounts Report

Module 05: Customers & Suppliers

  • Enter customers
  • Entering suppliers
  • Reporting customer and supplier information

Module 06: Sales Ledger

  • Enter invoices
  • Invoicing tips – adding logo, repeat billing
  • Entering invoices 6574 to 6610
  • Post credit notes
  • Report showing customer activity
  • Aged debtors

Module 07: 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

Module 08: Purchase Ledger

  • Receipts from customers
  • Apply customer credit notes

Module 09: Sundry Payments

  • Post supplier cheques
  • Apply supplier credit notes
  • Print list of bank receipts and payments
  • Post sundry payments
  • Make a credit card payment

Module 10: 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

Module 11: Bad Debt

  • Writing off a bad debt – print customer statement
  • Write off a bad debt

Module 12: Credit Card

  • Reconcile the credit card statement

Module 13: Bank Reconciliation

  • Bank statement as a csv file
  • Bank statement closing balances
  • Reconcile the Petty Cash

Module 14: Payroll/Wages

  • Wages and salaries
  • Post the wages journal
  • Report wages journal
  • Payday
  • Pay the two staff

Module 15: VAT- Value added tax

  • Depreciation journal
  • VAT Return

Module 16: Reports

  • Month end reports PnL, BS, TB

Module 17: Payroll Unit

  • Using Payroll
  • Setting up employees
  • Running payroll – an example

Module 18: Conclude

  • Recap and Next Steps
  • What happens next?

*Quickbooks Online Training*

Module 01

  • Quickbooks Online – 1

Module 02

  • Quickbooks Online – 2

Module 03

  • Quickbooks Online – 3

Module 04

  • Quickbooks Online – 4

Module 05

  • Quickbooks Online – 5

Module 06

  • Quickbooks Online – 6

Module 07

  • Quickbooks Online – 7

Module 08

  • Quickbooks Online – 8

Payroll Management

Module 1:Introduction

  • Introduction to Payroll Management and your Tutor
  • An Overview of Payroll

Module 2:The UK Payroll System

  • Find software per HMRC Brightpay
  • Installing Brightpay
  • Add a new employee
  • Add 2 more employees
  • Payroll settings
  • Monthly schedule – 1 Sara
  • Monthly schedule – Lana
  • Monthly schedule – James
  • Directors NI
  • Paying HMRC
  • Paying Pensions
  • RTI Submission
  • Coding Notices
  • Journal entries
  • Schedule
  • AEO
  • Payroll run for Jan & Feb 2018
  • Leavers – p45
  • End of Year p60
  • Brightpay conclude

Module 3: Paye, Tax, NI

  • PAYE TAX
  • NI
  • Pensions
  • Online calculators
  • Payslips
  • Journal entries

Module 4:Conclusion and Next Steps

  • Conclusion and Next Steps

After you successfully finish our ascribed training course Xero, Quickbooks & Payroll Management, you have developed new sets of skills that can contribute to your personal and professional development, improve your job prospects and evolve in your career. Now can obtain a PDF copy of your certificate free of cost.

Requirements

Xero, Quickbooks & Payroll Management is open to all, with no formal entry requirements. All you need is a passion for learning, a good understanding of the English language, numeracy and IT, and to be over the age of 16 to study our Xero, Quickbooks & Payroll Management.

Career path

After successfully completing our course Xero, Quickbooks & Payroll Management, Candidates may choose to pursue an extensive range of careers including:

Xero Expert - Average income between £104K - £108K

Finance Officer - Average income between £55K - £62K

Payroll Officer - Average income between £56K - £61K

Finance Administrator - Average income between £51K - £59K

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FAQs

What does study method mean?

Study method describes the format in which the course will be delivered. At reed.co.uk 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.

What are CPD hours/points?

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.co.uk, many of which can be completed online.

What is a ‘regulated qualification’?

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.

What is an ‘endorsed’ course?

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.

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