Xero Accounting Bookkeeping 2023

Xero Accounting + Bookkeeping

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