QuickBooks Online vs Xero Accounting Software
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
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
Through working with students from many different schools, Mr. Steele has learned best practices for helping people understand accounting fast. Learning new skills and finding the best way to share knowledge with people who can benefit from it is a passion of his.
Mr. Steele has experience working as a practicing Certified Public Accountant (CPA), an accounting and business instructor, and curriculum developer. He has enjoyed putting together quality tools to improve learning and has been teaching, making instructional resources, and building curriculum since 2009. He has been a practicing CPA since 2005. Mr. Steele is a practicing CPA, has a Certified Post-Secondary Instructor (CPI) credential, a Master of Science in taxation from Golden Gate University, a Bachelor’s Degree in Business Economics with an emphasis in accounting from The University of California Santa Barbara, and a Global Management Accounting Designation (CGMA) from The American Institute of CPA (AICPA).
Mr. Steele has also authored five books that can be found on Amazon or in audiobook format on Audible. He has developed bestselling courses in accounting topics including financial accounting and QuickBooks accounting software.
In addition to working as an accountant, teaching, and developing courses Mr. Steele has helped create an accounting website at accountinginstruction, a YouTube channel called Accounting Instruction, Help, and How Too, and has developed supplemental resources including a Facebook Page, Twitter Page, and Podcasts that can be found on I-tunes, Stitcher, or Soundcloud. Mr. Steele's teaching philosophy is to make content applicable, understandable, and accessible.
Adult learners are looking for application when they learn new skills. In other words, learners want to be able to apply skills in the real world to help their lives. Mr. Steele’s formal accounting education, practical work experience, and substantial teaching experience allow him to create a curriculum that combines traditional accounting education with practical knowledge and application. He accomplishes the goals of making accounting useful and applicable by combining theory with real-world software like Excel and QuickBooks.
Many courses teach QuickBooks data entry or Excel functions but are not providing the real value learners want. Real value is a result of learning technical skills like applications, in conjunction with specific goals, like accounting goals, including being able to interpret the performance of a business.
Mr. Steele makes knowledge understandable by breaking down complex concepts into smaller units with specific objectives and using step by step learning processes to understand each unit. Many accounting textbooks cram way too much information into a course, making it impossible to understand any unit fully. By breaking the content down into digestible chunks, we can move forward much faster.
Mr. Steele also makes use of color association in both presentations and Excel worksheets, a learning tool often overlooked in the accounting field, but one that can vastly improve the speed and comprehension of learning accounting concepts.
The material is also made understandable through the application of concepts learned. Courses will typically demonstrate the accounting concepts and then provide an Excel worksheet or practice problems to work through the concepts covered. The practice problems will be accompanied by an instructional video to work through the problem in step by step format. Excel worksheets will be preformatted, usually including an answer tab that shows the completed problem, and a practice tab where learners can complete the problem along with a step by step presentation video.
Mr. Steele makes learning accounting accessible by making use of technology and partnering with teaching platforms that have a vision of spreading knowledge like Udemy.
- 4.5 Instructor Rating
- 3,181 Reviews
- 438,689 Students
- 4 Courses