What you'll learn
Setup Xero Accounting file from the very beginning
Setup products, customers, vendors
Connect your bank account(s), automate transactions and perform bank reconciliation
Setup taxes
Add products, services and update inventory levels
Create quotes and invoices
Create purchase orders and bills
Analyze business snapshot and short term cash flow
Setup chart of accounts
Add fixed assets and calculate depreciation
Input manual journal entries and understand how to find and recode
Track categories
Exporting data + audit trail
Setup basic + custom reporting
Requirements
No prior knowledge required
Description
This course is taught by a designated CPA who also has over 15 years of professional experience. We will be starting from the very beginning, first by setting up a file from scratch and then working our way through every topic in Xero Accounting. We will be tackling every challenging topic but presenting it in a very digestible and understandable way. Accounting doesn't need to be hard :)This course is based on practical real-life scenarios. We will fully walkthrough end to end examples together. We'll be connecting our bank accounts so that we can automate as much as possible. We'll also be walking through how to perform a bank reconciliation. Setting up products, services, quotes, invoices, bills and purchase orders are only some of the other areas we will be tackling from a business operations standpoint.We then shift gears into the technical accounting side of things where we better understand the chart of accounts, setup new accounts like fixed assets and depreciation, along with entering manual journal entries and understanding best practices when it comes to accounting. We round out the course by understanding the out of the box reporting available to us along with setting up our own custom reporting.The end goal is to have you feeling confident and comfortable with using Xero Accounting so that you can fully utilize this in your business or implement it for other businesses. Overall, you will finish this course and be fully equipped to tackle any business problem that comes your way with Xero Accounting!
Overview
Section 1: Basic Setup & Navigation
Lecture 1 Account sign up
Lecture 2 Basic navigation
Lecture 3 Organization settings
Section 2: User Setup & Contacts
Lecture 4 Section Intro
Lecture 5 Users & permissions
Lecture 6 History & notes (audit trail)
Lecture 7 Contacts & smart lists
Section 3: Bank Accounts
Lecture 8 Section Intro
Lecture 9 Bank account(s) setup
Lecture 10 Bank rules
Lecture 11 Bank reconciliation
Lecture 12 Cash coding
Section 4: Taxes
Lecture 13 Section Intro
Lecture 14 Taxes setup
Section 5: Business
Lecture 15 Section Intro
Lecture 16 Products & services
Lecture 17 Inventory adjustments
Lecture 18 Quotes
Lecture 19 Invoicing & credit notes
Lecture 20 Sales overview
Lecture 21 Purchase orders
Lecture 22 Bills
Lecture 23 Purchase overview
Lecture 24 Expense claims
Lecture 25 Business snapshot & ST cash flow
Section 6: Accounting
Lecture 26 Section Intro
Lecture 27 Overview + Settings
Lecture 28 Chart of Accounts
Lecture 29 Fixed Assets + Settings
Lecture 30 Manual Journals
Lecture 31 Find & Recode
Lecture 32 Tracking Categories
Lecture 33 Exporting Data + Assurance Dashboard
Section 7: Reports
Lecture 34 Section Intro
Lecture 35 Basic Reporting
Lecture 36 Custom Reporting + Budget Manager
Section 8: Conclusion
Lecture 37 Conclusion
Small business owners looking for a comprehensive understanding of how to use Xero Accounting from scratch,Accountants and Bookkeepers looking to better understand functionality available in Xero Accounting,Job seekers looking to add Xero Accounting to their CV / Resume,Students or anyone interested in becoming an expert in Xero Accounting



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