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Xero Online Bookkeeping - iStudy
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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 pro cient 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: 1. Read the task https://www.istudy.org.uk/course/xero-online-bookkeeping/
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Xero Online Bookkeeping - iStudy
2. Watch the video 3. Have a go at it yourself on your own system 4. Rewatch the video (if necessary) – to reinforce the learning You’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 o 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 su cient The instructor is online to answer student queries daily and is in the middle of writing a book about this software. The course materials include:
the handout of the assignment task show you how to access the software for free Successful completion of the course is the equivalent to being at the level of having a level 2 certi cate in computerised accounts. The course will take about 6.5 hours to complete.
What Will I Learn? By the end of the course you will be able to complete various common functions using Xero software In this course, you will learn how to: 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
Who is the target audience? Bookkeepers and Accountants who will be using this for their clients https://www.istudy.org.uk/course/xero-online-bookkeeping/
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Xero Online Bookkeeping - iStudy
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 nd employment Previous knowledge of accounting is not presumed or required
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) COURSE CURRICULUM
Getting Prepared - Access the software and course materials
Introduction To The Course And Your Tutor
00:04:00
Activating Your Free Trial With Xero
00:02:00
Xero The Book – Coming Soon!
00:01:00
Getting started
Signing Up For The Free Trial
00:04:00
Create The Organisation
00:08:00
The Ficticious Scenario
00:02:00
Setting up the system
Add Bank Accounts To The System
00:14:00
Enter Opening Balances
00:07:00
Opening Trial Balance
00:01:00
Nominal ledger
https://www.istudy.org.uk/course/xero-online-bookkeeping/
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Xero Online Bookkeeping - iStudy
Amend The Nominal Ledger
00:06:00
Chart Of Accounts Report
00:01:00
Customers & Suppliers
Enter customers
00:07:00
Entering suppliers
00:06:00
Reporting Customer And Supplier Information
00:02:00
Sales ledger
Enter Invoices
00:07:00
Invoicing tips – adding logo, repeat billing
00:09:00
Entering Invoices 6574 to 6610
00:16:00
Post Credit Notes
00:03:00
Report Showing Customer Activity
00:08:00
Aged Debtors
00:02:00
Suppliers
Post supplier invoices
00:09:00
Enter suppliers invoices 6028 onwards
00:14:00
Enter More Supplier Invoices No 4308 Onwards
00:06:00
Credit Notes Suppliers
00:02:00
https://www.istudy.org.uk/course/xero-online-bookkeeping/
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Xero Online Bookkeeping - iStudy
Supplier Activity Report
00:04:00
Aged Creditors Info
00:01:00
Purchases ledger
Reciepts from Customers
00:10:00
Apply Customer Credit Notes
00:05:00
Sundry payments
Post Supplier Cheques
00:08:00
Apply Supplier Credit Notes
00:03:00
Print List Of Bank Receipts And Payments
00:01:00
Sundry payments
Post Sundry Payments
00:06:00
Make a credit card payment
00:08:00
Petty Cash
Add Petty Cash Transactions – Week 1
00:16:00
Add Petty Cash Transactions – Week 2
00:12:00
Add Petty Cash Transactions – Week 3
00:07:00
Add Petty Cash Transactions – Week 4
00:08:00
Imprest System on Petty Cash
00:04:00
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Xero Online Bookkeeping - iStudy
Print a Copy of Petty Cash Receipts and Payments
00:01:00
00:02:00
00:09:00
00:09:00
Bad Debt
Writing O
Write O
A Bad Debt – Print Customer Statement A Bad Debt
Credit Card
Reconcile The Credit Card Statement
Bank Reconciliation
Bank Statement As A CSV File
00:27:00
Bank Statement Closing Balances
00:11:00
Reconcile The Petty Cash
00:05:00
Payroll / Wages
Wages And Salaries
00:09:00
Post the Wages Journal
00:07:00
Report Wages Journal
00:02:00
Payday
00:11:00
Pay The Two Sta
00:05:00
00:04:00
VAT - Value Added Tax
Depreciation
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VAT Return
00:03:00
00:05:00
Reports
Month End Reports PnL, BS, TB
Payroll unit
Using Payroll
00:12:00
Setting Up Employees
00:10:00
Running Payroll – An Example
00:14:00
Conclude
Recap And Next Steps
00:06:00
What happens next
00:02:00
COURSE REVIEWS
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6 HOURS, 28 MINUTES
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