Xero Cloud Accounting Beginner To Advanced Training 2026

Create a free Xero trial account without credit card details, verify your email, and start practicing with a 30-day trial, including temporary email options and step-by-step activation.

Learn how to create a new company in Xero cloud accounting, set opening balances, and move from spreadsheets to Xero using a practical trading company example.

Learn how to customize journal settings for better management and navigate post-video reviews, including rating with stars, writing a review, and saving progress to the next video.

Explore how to configure general settings in Xero cloud accounting, including organizational details, user management, currencies, connected apps, and subscription options.

Discover how to customize feature settings in Xero cloud accounting, including invoice settings, branding themes, payment and email options, templates, cheque formats, and networked connections.

Create bank accounts in Xero, connect banks when available, set currencies, enter opening balances, and perform transfers and reconciliations to manage your finances.

Learn to configure chart of accounts in Xero cloud accounting, set financial year and tax settings, and add or edit asset, liability, and equity accounts with opening balances and depreciation.

enter opening balances for the chart of accounts in Xero using conversion balances, update ledgers, and copy balances for assets, cash, and accrued expenses while understanding debits and credits.

Learn to create and update customer records in Xero, including contacts, billing and delivery addresses, financial details, sales and purchase defaults, tax settings, and credit limits.

Learn how to import supplier contacts in Xero cloud accounting by downloading the template, filling only needed fields, and completing the import to add new suppliers efficiently.

Learn to enter customer opening balances in Xero using advanced conversion balances, linking receivables to individual ledgers and backing with invoices; the same applies to suppliers and payables.

Learn to update vendor opening balances in Xero by entering accounts payable and related bills, ensuring balances reconcile with opening entries and eventual inventory linkage.

discover how to set up inventory in Xero by creating new items with opening balances matching the stock total and linking to inventory asset and cost of goods sold.

Learn to record inventory opening balances in Xero by manually creating adjustments for items, setting increase quantity, cost price, and opening balance date, then post to net owner's equity.

Verify opening balances by reviewing inventory asset and conversion balances in the chart of accounts, then post adjustments to align quantity, cost, and the opening trial balance.

Learn to extract opening trial balance report in Xero by selecting accounting, reports, trial balance, and setting the date to 1 January 2024, then validate debit and credit balances.

Learn to export and customize Xero financial reports, including the trial balance, in PDF, Excel, or Google Sheets. Rearrange columns, save custom reports as default, and access opening balances.

Learn how to record a fixed asset purchase in Xero, assign a fixed asset account, set depreciation method and useful life for the asset type, and register the asset.

Record six months of advance rent (3000 per month) as a prepaid expense asset in Xero, debit prepaid rent and credit cash, then reconcile with the journal report.

Learn to record a cash security deposit for rent in Xero by creating an asset account, using spend money, and validating a debit to security deposit with a cash credit.

Enter a 1500 paint and renovation expense paid in cash using the spend money option or a journal entry, categorize as repairs or miscellaneous, and review the journal report.

Learn how to record a cash receipt against a customer balance in xero by adding payment, updating accounts receivable, and confirming journal entries.

Enter item purchase invoices in Xero by selecting a supplier, creating or choosing items, and recording purchases as inventory assets debited and accounts payable credited.

Enter inventory purchase invoices for a new vendor in Xero by creating a bill, adding the contact, and confirming rates before approving the journal entry.

demonstrates handling cash sales in Xero by recording a cash receipt for a corolla windscreen at 560 with no tax, linking inventory and cost of goods sold via cs 001.

Learn to enter a credit sale in Xero: issue a January 12 invoice for Walter, 10 Prius rear lights at 280, approve, and verify receivables, sales, COGS, and inventory.

Receive cash in advance from a customer creates a liability called customer advances in Xero; debit cash and credit the liability, then record prepayments and settle against future invoices.

learn to record a sales order in Xero by using a quotation workaround, enter Albert's order 25 with items windscreen, headlights, and filters, save as draft, then send.

Enter a direct sales invoice in Xero for Mr. Justin, with date, items, quantities, and rates, then review journal entries showing sales, accounts receivable, cost of goods sold, and inventory.

Learn how to enter a purchase order in Xero, navigate to purchases, enter vendor details and dates, add item lines, and choose approve or draft.

Record bad debts in Xero by creating a 17,800 credit note to close two invoices, reflecting the expense in operating expenses.

Treat packing charges as a direct cost and allocate to cost of goods sold in Xero; create a packing charges service item and review the journal entry.

Learn to record a partial payment for a services invoice in Xero by cheque, updating the bill, vendor contact, and remaining balance.

Learn how to convert a sales order or quotation into an invoice in Xero, finalize it, and apply customer advances to reduce the remaining amount due.

Learn to record a purchase return in Xero by creating a credit note against a bill, adjusting items and date, and reviewing the accounts payable and inventory effects.

Learn to handle sales returns in Xero by creating and applying a credit note to the original invoice, adjusting inventory and cost of goods sold.

Learn how to settle a customer's outstanding balances in Xero by using batch deposits for multiple invoices, recording cash payments, and verifying the journal entry.

Convert an approved purchase order to a purchase invoice in Xero by copying to a bill, reviewing details, and finalizing, which updates inventory and triggers a journal entry.

Record a loss of inventory in Xero by creating a loss of inventory expense ledger (code 7200), posting an adjustment for damaged stock, and reviewing the journal report.

Adjust rent expenses against prepayments by recording a manual journal that debits rent expense for 3000 and credits prepaid rent 3000, reflecting a non cash, non trading month-end entry.

Access and export key Xero reports—trial balance, income statement, and balance sheet—via the accounting tab, with custom views, favorites, and ledger exports in PDF, Excel, or Google Sheets.