QuickBooks Online vs Xero Accounting Software 2020
3.8 (11 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,177 students enrolled

QuickBooks Online vs Xero Accounting Software 2020

Compare leading online software packages with a practicing Certified Public Accountant (CPA)
3.8 (11 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
1,177 students enrolled
Last updated 2/2020
English
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Current price: $139.99 Original price: $199.99 Discount: 30% off
5 hours left at this price!
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This course includes
  • 64 hours on-demand video
  • 10 articles
  • 10 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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What you'll learn
  • Set up QuickBooks Online & Xero accounting software
  • Navigate QuickBooks Online & Xero accounting software
  • Enter normal business transaction into accounting software
  • Reconcile bank accounts using accounting software
  • Generate and analyze reports including a balance sheet, an income statement, and supporting reports
  • Export Reports to Excel
Requirements
  • None
Description

This course will compare two leading online accounting software applications, QuickBooks Online and Xero, in a step by step format.

This is a comprehensive accounting course.

We will discuss the purchasing options and the best tools to learn these accounting software packages at the lowest cost.

Learners will understand how to set up a new company file in each software package.

The course will demonstrate how to navigate each software package and how to generate, analyze, and customize common financial reports.

We will learn how to create inventory and service items and how they are used to create invoices, purchase orders, and sales receipts.

The course will show how to enter two months of data in a step by step process, comparing the two accounting software packages at every level along the way.

The course will demonstrate how to complete bank reconciliations and enter adjusting and reversing entries.

We will also learn how bank feeds work. Bank feeds are the ability to connect directly to the bank and download financial information into the accounting software.

The course will provide practice data to learn how bank feeds work. Learners will also understand how to make bank rules to automate the bookkeeping process further.

Who this course is for:
  • Business owners
  • Accounting professionals
  • Accounting students
  • Anybody who wants to learn accounting software
  • Anybody who wants to learn accounting software
Course content
Expand all 325 lectures 63:57:42
+ Getting Started - Getting Setup
7 lectures 01:04:36
QuickBooks .10 Purchase With 30 Day Trial
10:40
.10 Xero Free 30-Day Tral
02:47
Xero .12 Bank Feeds Overview
08:29
QuickBooks 1.05 Navigation Overview
16:48
Xero 1.05 Navigation Overview
13:51
+ Customer Cycle , Cycle, or Accounts Receivable Cycle
10 lectures 02:08:26
QuickBooks 1.15 Customers Section Flow
11:57
Xero 1.15 Customers Section Flow
11:31
QuickBooks 1.16 Customers Section Invoice
13:33
Xero 1.16 Customer Section Invoice
20:51
QuickBooks 1.17 Customers Section Receive Payment
10:52
Xero 1.17 Customers Section Receive Payment
14:34
QuickBooks 1.18 Customers Section Deposit
11:19
Xero 1.18 Customers Section Deposit from Clearing
06:30
QuickBooks 1.19 Customers Section Sales Receipts
12:22
Xero 1.19 Customers Section Sales Receipts
14:57
+ Vendor Cycle, Purchases Cycle, or Sales Cycle
9 lectures 01:20:29
QuickBooks 1.20 P1 Vendors Section Flow
07:01
QuickBooks 1.20 P2 Vendors Section Bill Form
09:39
Xero 1.20 Vendors Section Bill Form
10:24
QuickBooks 1.22 Vendors Section Pay Bill Form
10:53
Xero 1.22 Vendor Section Payable Payment
09:26
QuickBooks 1.23 Vendors Section Purchase Order
05:22
Xero 1.23 Vendors Section Purchase Order
09:50
QuickBooks 1.24 Vendors Section Check
09:46
Xero 1.24 Vendors Section Check
08:08
+ Employee Cycle and Other Core Features
13 lectures 02:32:29
QuickBooks 1.25 Employee Section
11:39
Xero 1.25 Employee Section
12:25
QuickBooks 1.28 Others Section
17:13
Xero 1.28 Others Section
12:08
QuickBooks 1.30 Reports
20:12
Xero 1.30 Reports
12:54
QuickBooks 1.35 Lists
06:29
QuickBooks 1.40 Help Options
08:35
Xero 1.40 Help Options
05:20
QuickBooks 1.45 Print & Export Reports to Excel
15:53
Xero 1.45 Print & Export Reports to Excel
14:49
QuickBooks 1.50 Backup Options
06:19
Xero 1.50 Backup Options
08:33
+ Balance Sheet Reports
15 lectures 02:51:46
QuickBooks Data Files to Download
00:00
Xero Data Files to Download
00:00
QuickBooks 2.10 Balance Sheet
18:25
Xero 2.10 Balance Sheet
15:52
QuickBooks 2.15 Balance Sheet Report Options
15:29
Xero 2.15 Balance Sheet Report Settings
10:00
QuickBooks 2.20 Header Footer Options
04:02
Xero 2.20 Balance Sheet Edit Layout
17:11
QuickBooks 2.22 Formatting Options
06:47
QuickBooks 2.30 Comparative Balance Sheet
20:12
Xero 2.30 Comparative Balance Sheet
14:08
QuickBooks 2.40 Summary Balance Sheet
14:57
Xero 2.40 Summary Balance Sheet
16:46
QuickBooks 2.50 Memorize Custom Report Group
05:29
Xero 2.50 Memorize Custom Report Group
12:27
+ Profit and Loss or Income Statement Reports
11 lectures 01:56:56
QuickBooks Data Files to Download
00:00
Xero Data Files to Download
00:00
QuickBooks 3.10 Profit and Loss
18:54
Xero 3.10 Income Statement
15:17
QuickBooks 3.15 Income Statement Custom & Memorize
09:33
Xero 3.20 Comparative Income Statement
15:35
QuickBooks 3.20 Comparative Profit & Loss
16:21
QuickBooks 3.25 Vertical Analysis Profit & Loss
11:30
Xero 3.25 Vertical Analysis Income Statement
10:33
QuickBooks 3.30 % of Expense Profit & Los
09:37
Xero 3.30 % of Expense Income Statement
09:35
+ Statement of Cash flows & Other Common Reports
14 lectures 02:44:11
QuickBooks Data Files to Download
00:00
Xero Data Files to Download
00:00
QuickBooks 4.10 Statement of Cash Flows
19:46
Xero 4.10 Statement of Cash Flows
13:25
QuickBooks 4.20 Sales By Customer Report
13:54
Xero 4.20 Income By Contact Report
10:19
QuickBooks 4.25 Sales by Product Or Item Report
11:45
QuickBooks 4.30 Accounts Receivable Aging Report
16:52
Xero 4.30 Aged Receivables Report
10:28
QuickBooks 4.35 Accounts Payable Aging Report
14:38
Xero 4.35 Aged Payables Reports
10:56
QuickBooks 4.40 Sales Graphs
17:38
Xero 4.40 Sales Graphs
10:29
Xero 4.45 AR & AP Graphs
14:00
+ Course Project Start - Set Up New Company File, Preferences, & Users
10 lectures 01:20:53
QuickBooks Data Files to Download
00:00
Xero Data Files to Download
00:00
QuickBooks 6.05 Set up Company Information & Preferences Part 1
15:40
Xero 6.01 Set Up Organization Details
07:23
Xero 6.02 Users Add & Manage
11:33
Xero 6.03 Add Apps, Currencies, & Subscriptions
04:40
Xero 6.05 Payment Services, Invoicing, & Features
05:09
Xero 6.06 Projects, Files, & Other Settings
03:06
QuickBooks 6.07 Set up Company Information & Preferences Part 2
23:31
QuickBooks 6.08 Manage Users Custom Form Styles
09:50
+ Set Up Service & Inventory Items & Enter Inventory Beginning Balance
12 lectures 02:16:47
QuickBooks 6.09 Objective
10:22
Xero 6.09 Objective
07:18
QuickBooks 6.10 Items - Service Set Up Part 1
15:46
Xero 6.10 Items - Service Set Up Part 1
08:48
QuickBooks 6.11 Items - Service Set Up Part 2
11:17
Xero 6.11 Items - Service Set Up Part 2
11:51
QuickBooks 6.13 Items – Inventory Set Up Part 1
13:58
Xero 6.13 Items – Inventory Set Up Part 1
10:03
QuickBooks 6.14 1 Items – Inventory Set Up Part 2
17:49
Xero 6.14 Items – Inventory Set Up Part 2
07:50
QuickBooks 6.14 Items – Inventory Reports
11:40
Xero 6.14 Items – Inventory Set Up Part 3
10:05
+ Add Customers & Vendors - Enter AR and AP Beginning Balances
5 lectures 01:18:57
QuickBooks 6.15 Set Up Customers & Beginning Balances Part 1
10:50
Xero 6.15 Set Up Customers & Beginning Balances
21:33
QuickBooks 6.16 Set Up Customers & Beginning Balances Part 2
19:08
QuickBooks 6.20 Set Up Vendors & Beginning Balances
15:42
Xero 6.20 Set Up Vendors & Beginning Balances
11:44