Basic Complete XERO Training 2022

sign up for a zero account or country-based offer, then navigate the Xero dashboard to access organization settings, exploring organization details, user management, multicurrency, and invoice settings.

Enter your organization details by providing basic and contact information, upload a high resolution logo, select your nature of business and organization type, and save changes.

Invite new users, assign access levels from invoice-only to standard or read-only, and manage, edit, or remove users on the Xero user management page.

Learn how to add currencies in Xero, enable multicurrency with the premium plan, select currencies such as GBP, set custom exchange rates for a date range, and save updates.

Create and manage multiple invoice templates with customizable terms and statement titles. Configure default numbering, payment terms, expiry dates, and optional fields on invoices, and set automated overdue reminder emails.

Activate PayPal or Stripe for invoices to let customers pay by card; customize email templates and reply-to addresses for invoices, credit notes, receipts, and quotations.

Configure the financial settings by entering the financial year end, selecting accrual or cash basis for tax, adding bank accounts and opening balances, then lock changes.

Create a new tax rate, set a percentage such as 6%, and save it to apply to accounts for tax management in Xero.

Create, edit, and delete chart of accounts in Xero, including current and fixed assets, current and non-current liabilities, and a revenue account with code 201 and a 6% tax rate.

Learn how to create a new bank account in zero and enable CMB bank integration, with daily transactions pushed after 2 p.m., and manual import for non integrated banks.

Set opening balances by validating the date and recording total accounts receivable and accounts payable. Create opening sales invoices and supplier bills to reflect a December 31, 2021 closing balance.

Create and manage customer and supplier contacts in Xero, including adding new contacts, editing details, archiving, and import via CSV. Learn how invoices and bills affect contact grouping and filters.

learn to create products and services in Xero, assign codes, set prices and revenue accounts, and import items via CSV while configuring inventory tracking and opening balances.

Create purchase orders by selecting a supplier, setting delivery date and terms, and adding items with price and tax. Approve and convert the purchase order to a bill to pay.

Learn to create a bill to pay from a purchase order and a supplier, manage bills to pay with drafts and approvals, and issue credit notes to offset invoices.

Create a new repeating bill in Xero by selecting recurring bill, setting monthly frequency, and choosing a due date and status, then save to auto-generate monthly bills with month-year references.

Record a payment to a supplier by selecting the supplier, entering 5000 and the date, and generating a payment voucher; view the bill update and print remittance.

Forward supplier invoices by email to create bills in Xero. Use the OCR feature to extract date, due date, reference, and supplier details for faster bill processing.

Create and manage quotations in Xero, including selecting customers, setting dates and credit terms, applying templates and discounts, adding products and services, and converting accepted quotes into invoices.

Learn to create and manage sales invoices and credit notes, apply templates, reflect stock, approve entries, allocate credits to invoices, and send documents by email or print.

Record a customer payment in Xero, apply it to the invoice, view the linked invoice, and send a PDF sales receipt using a standard template.

Create and automate recurring sales invoices by setting frequency, start and due dates, and contract end dates, while managing credit limits and emailing customer statements.

Learn to send customer statements on a monthly basis by selecting activity or outstanding statements, including invoices, credits, and payments, and export to PDF to chase payments.

Learn how to adjust invoice reminders, sort invoices by date or status to view paid and unpaid items, and include deleted or voided invoices when searching.

Learn to record monthly payroll and expense claims using the bills to pay feature or journal entries, including receipts, debits and credits, and keeping ledgers in sync.

Import bank statements into zero using the csv template to enable accurate bank reconciliation, map dates and amounts, and manage sales, purchases, expenses, and payroll within one workflow.

Reconcile sales receipts in zero by importing a CSV and matching bank data to invoices using reference numbers and amounts. The bank reconciliation feature moves awaiting payments to reconciled efficiently.

Learn how to reconcile purchase payments with bank statements in Xero, match invoices, confirm payments, and move bills from waiting to paid, with examples and next steps.

Learn to reconcile payroll and expense claims in Xero by matching invoices, bills, and payments, using pay features to ensure accurate, complete payroll and claims.

Learn to use bank reconciliation features to record bank charges, perform transfers between accounts, add capital injections with new contacts, and share notes for team-ledger accuracy.

Speed up bank reconciliations by applying tips for bank statements and account transactions, such as batch edits of bank charges, copy-paste descriptions, and safely reconciling selected items.

learn to set up fixed assets in Xero, create asset types such as office equipment and computer equipment, configure straight-line depreciation and rates, and define disposal settings.

Learn two practical methods to register fixed assets in Xero, from preexisting assets to post-implementation entries, and configure asset type, depreciation, and automatic monthly depreciation.

Learn how to run monthly depreciation in Xero by using the run to position button for each month. Confirm updates reflect debit, credit, and accumulated depreciation.

Learn to create repeating journal entries in xero by setting the first date and recurrence, choosing accounts, then save as draft or post for automated monthly postings.