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Xero Online Bookkeeping

Learn how to use Xero, the leading online accounting software to perform several essential bookkeeping tasks.
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Content

Platform: Udemy
Video: 6h 59m
Language: English
Next start: On Demand

Table of contents

Description

Xero Accounts course is about how to use Xero based on the most popular functions which you as a Xero operator needs 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 learningYou’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, or•You are a bookkeeper or accountant and will be using this for clients or even•You run your own business and want to know how to use Xero for yourself.You will need to access to Xero Online. We give you the link to access the FREE online version. This will be sufficient The instructor is online to answer student queries daily and is in the middle of writing a book about this software.
The course materials includes:
•the handout of the assignment task•show you how to access the software for freeSuccessful completion of the course is the equivalent to being at the level of having a level 2 certificate in computerised accounts.
The course will take about 6.5 hours to complete.

You will learn

✓ By the end of the course you will be able to complete various common functions using Xero
✓ Enter the opening balances
✓ Amend the nominal ledger
✓ Add new customer and supplier details
✓ Post customer invoices and credit notes to the sales ledger
✓ Post supplier invoices and credit notes to the purchase ledger
✓ Enter the supplier cheques and record the customer receipts
✓ Post Petty Cash transactions
✓ Prepare the VAT return
✓ Reconcile the bank
✓ Post the wages journal
✓ Post adjustments to the accounts and produce month-end reports
✓ Use credit card to make payments and reconcile the credit card account
✓ Write off bad debt
✓ Use the payroll function in Xero
✓ Import a bank statement

Requirements

• You will need access to Xero accounts online in order to complete the assignment (we’ll give you the link to get the free trial version of the software)

This course is for

• Bookkeepers and Accountants who will be using this for their clients
• Students who are going for jobs where the requirement is working knowledge of Xero
• Those who have studied accounting, but want practical knowledge of how to use a popular accounting software which will help them find employment
• Previous knowledge of accounting is not presumed or required
Entrepreneur, Infopreneur & Serial Author
  Lisa Newton BA MSc AAT has a masters degree in Investment Management and a first class honours degree in Accounting with Marketing. She formed her first company in 2004 with £150 in the same month of graduating from City University, London UK. Lisa has never had a full time 9 to 5 job in her life. She’s a serial entrepreneur and author who holds directorships in various  industries including telecoms, property management, publishing, hair & beauty as well as  finance. She has won various awards in Business including: Young Entrepreneur of the Year Award 2007, in 2008 Enterprising Business Award, in 2016 BE Mogul Award and has been nominated and shortlisted in numerous others. In 2011 and in 2012 one of her companies won Best Accounting Franchisor Award.  In 2015 and 2017 one of her companies won Best Bookkeeping Business London (Accountancy International Awards).
          Lisa’s books include: How to write a book in two weeks, Constant Cashflow, Make the most of your money, How to start your own bookkeeping business, Cosmic ordering with Vision Boards, How to Franchise Your Business and Quickbooks Online The Handbook. Some of the books are in audio-format on itunes and audible.
Lisa hosts her own show The Authors Podcast which can be found on the iTunes channel.
          Lisa supports the charity The MS Society. A speaker, coach, consultant and an avid networker, Lisa enjoys meeting people and working on projects with like-minded individuals. 
          In her spare time, Lisa likes traveling, dancing salsa, writing books, learning languages, meditation, yoga and cosmic ordering. 
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Platform: Udemy
Video: 6h 59m
Language: English
Next start: On Demand

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