Xero - Become A Master In Accounting

Learn how to streamline your accounting tasks & improve financial management with Xero's cloud-based software

What you'll learn

Learn about Xero with features

Create an Account in Xero

Create a New Company

Learn about the Xero Dashboard, Menus, Icons & Tabs Learn about Organization Settings (Organization Details, Manage Users, Invoice Settings & Email Settings)

Learn about Advanced Settings (Financial Settings, Tax Rates, Chart of Accounts & Conversion Balances)

Add Contacts (Manual & Import) )

Add Inventories (Manual & Import

Add Opening Balances of Inventory

Create a Quote & Convert a Quote to an Invoice

Create an Invoice & Record a Payment

Create a Repeating Invoice

Create a Credit Note

Record Prepayment & Overpayment

Record Bad Debts

Create a Purchase Order & Convert a Purchase Order to a Bill

Create a Bill & Record a Payment

Create a Repeating Bill

Create an Expense Claim & Record a Payment

Create Bank Rules

Import Bank Statement

Use Cash Coding

Generate Bank Reconciliation Report

Register Fixed Assets

Run Depreciation

Record Disposing of Fixed Assets

Use Pay Run to pay Employees

Create Projects & examine Profitability

Create a Budget

Generate Custom Reports

Requirements

Basic Computer

Skill Basic Accounting Knowledge

Basic Search & Internet Skill

Description

Description: Xero is a cloud-based accounting software that has become increasingly popular among small business owners, bookkeepers, and accountants. This comprehensive course is designed to teach you how to use Xero effectively and streamline your accounting tasks to improve your business's financial management.The course will cover the following topics:Introduction to Xero and its features: You will learn about the key features of Xero, its benefits, and why it is an ideal solution for small businesses. You will also get an overview of the Xero dashboard and the basic navigation of the software.Setting up your Xero account: You will learn how to set up your Xero account, including adding users and setting up permissions, configuring your organization settings, and customizing your chart of accounts.Creating and managing invoices, bills, and purchase orders: You will learn how to create and send invoices to your customers, manage bills and expenses, and generate purchase orders. You will also learn how to set up recurring invoices and automate your billing process.Reconciling bank and credit card accounts: You will learn how to reconcile your bank and credit card accounts in Xero, including importing bank statements and matching transactions.Generating financial reports: You will learn how to generate financial reports such as profit and loss statements, balance sheets, and cash flow statements. You will also learn how to customize these reports to meet your specific business needs.Managing inventory and tracking expenses: You will learn how to manage your inventory and track your expenses in Xero, including setting up inventory items, tracking stock levels, and recording expenses.Integrating Xero with other applications: You will learn how to integrate Xero with other applications, such as PayPal, Stripe, and Shopify. You will also learn how to use the Xero API to connect Xero with custom applications.By the end of this course, you will have a solid understanding of how to use Xero and its various features to streamline your accounting tasks and improve your business's financial management.

Overview

Section 1: Introduction

Lecture 1 Introduction

Section 2: Setting up Xero

Lecture 2 Part-01 Creating an Account in Xero

Lecture 3 Part-02 Creating a New Company in Xero

Lecture 4 Part-03 Organization Settings

Lecture 5 Part-04 Managing Users

Lecture 6 Part-05 Invoice Settings

Lecture 7 Part-06 E-mail Settings

Lecture 8 Part-07 Financial Settings

Lecture 9 Part-08 Tax Settings

Lecture 10 Part-09 Adding Chart of Accounts (Manually & Import)

Lecture 11 Part-10 Adding Conversion Balances

Lecture 12 Part-11 Recording Spend, Receive & Transfer Money

Lecture 13 Part-12 Shortcut Keys of Xero

Section 3: Managing Sales & Income

Lecture 14 Part-01 Adding Contacts

Lecture 15 Part-02 Adding Inventories

Lecture 16 Part-03 Creating a Quote

Lecture 17 Part-04 Converting a Quote to an Invoice & Receiving a Payment

Lecture 18 Part-05 Creating a New Invoice & a Credit Note before Receiving a Payment

Lecture 19 Part-06 Creating a Credit Note after Receiving a Payment

Lecture 20 Part-07 Recording Direct Payment & Repeating Invoice

Lecture 21 Part-08 Recording Prepayment & Overpayment

Lecture 22 Part-09 Recording Bad Debts

Section 4: Managing Bills & Expenses

Lecture 23 Part-01 Creating a Purchase Order

Lecture 24 Part-02 Converting a PO to a Bill & Giving a Payment

Lecture 25 Part-03 Creating a New Bill & a Credit Note before Payment & Recording Discount

Lecture 26 Part-04 Creating a Credit Note after Giving a Payment

Lecture 27 Part-05 Repeating Bill & Recording Direct Payment

Section 5: Expense Claims

Lecture 28 Part-01 Expense Claims

Lecture 29 Part-02 Mileage Claims

Section 6: Bank Reconciliation

Lecture 30 Part-01 Creating a Bank Rule

Lecture 31 Part-02 Importing Bank Statement

Lecture 32 Part-03 Reconciling Bank Statement

Section 7: Fixed Assets & Depreciation

Lecture 33 Part-01 Registering Fixed Assets

Lecture 34 Part-02 Run Depreciation

Lecture 35 Part-03 Recording Disposal of Fixed Asset

Section 8: Pay Run

Lecture 36 Part-01 Adding Pay Items & Employees

Lecture 37 Part-02 Recording a Payment

Section 9: Project

Lecture 38 Creating a Project

Section 10: Budget

Lecture 39 Creating a Budget

Section 11: Reports

Lecture 40 Generating Custom Reports

Section 12: Downloadable Materials

Lecture 41 All Projects & Supporting Materials

Business owners,Accountants and Bookkeepers,Job seekers,Accounting Students,Freelancers,Anyone interested in becoming an expert in XERO