Xero Online Bookkeeping
What you'll learn
- By the end of the course you will be able to complete various common functions using Xero
- 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
- Use credit card to make payments and reconcile the credit card account
- Write off bad debt
- Use the payroll function in Xero
- Import a bank statement
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)
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 proficient 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:
Read the task
Watch the video
Have a go at it yourself on your own system
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 off 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 sufficient The instructor is online to answer student queries daily and is in the middle of writing a book about this software.
The course materials includes:
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 certificate in computerised accounts.
The course will take about 7 hours to complete.
Who this course is for:
- Bookkeepers and Accountants who will be using this for their clients
- 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 find employment
- Previous knowledge of accounting is not presumed or required
Instructor
- 4.3 Instructor Rating
- 7,031 Reviews
- 30,058 Students
- 96 Courses
Lisa Newton, BA MSc AAT, is an award-winning entrepreneur, author, and businesswoman with a first-class honours degree in Accounting with Marketing and a master’s degree in Investment Management. She launched her first business in 2004 with just £150, immediately after graduating from City University in London—and has never looked back or worked a traditional 9-to-5 job.
A dynamic and serial entrepreneur, Lisa holds directorships across a diverse range of industries, including property management, publishing, car membership, and finance. Her ventures have earned her numerous accolades, including the Young Entrepreneur of the Year Award (2007), Enterprising Business Award (2008), and the BE Mogul Award (2016). One of her companies was recognised as Best Accounting Franchisor in both 2011 and 2012, while another received the Best Bookkeeping Business – London title from the Accountancy International Awards in 2015 and again in 2017. She has also been shortlisted for several other prestigious business honours.
Lisa is the author of multiple books, including How to Write a Book in Two Weeks, Constant Cashflow, Make the Most of Your Money, How to Start Your Own Bookkeeping Business, Cosmic Ordering with Vision Boards, How to Franchise Your Business, and QuickBooks Online: The Handbook. Many of her titles are also available as audiobooks on iTunes and Audible.
She previously hosted The Authors Podcast, where she interviewed writers and offered insights into the writing and publishing process.
As a global educator, Lisa has taught over 30,000 students worldwide through various digital learning platforms. She also runs a YouTube channel dedicated to answering accounting-related questions and provides coaching on money management and entrepreneurship.
A lifelong learner, avid reader, and consultant, Lisa is passionate about helping others succeed in business. She actively supports the MS Society, reflecting her commitment to giving back.
In her spare time, Lisa enjoys travelling, salsa dancing, writing, learning languages (spanish & french), practicing meditation and yoga, and exploring the principles of manifestation and the law of attraction.