
>>>> WATCH LECTURE 3 FIRST! <<<<<
Before you go any further, before you print anything, before you jump ahead... please watch lecture 3 first!
The way this course is structured (the green course) is to:
Setting up the Xero system.
NEWER VERSION OF THIS COURSE AVAILABLE FREE TO EXISTING STUDENTS
All students on this earlier edition / version of the course can jump on / access the newer version of the course completely for free. This course (green) was recorded in 2012, but the course (blue) was recorded in 2017, so it's recommended that you follow the instructions in lecture 3:
You will continue to have access to BOTH courses.
Both have a similar scenario, but because Xero has upgraded some functionality and changed slightly, not everything is in exactly the same place as before. A course announcement has been made - inviting everyone onto the newer course for free.
Setting up a new company on the system.
Enter the opening balances.
Creating initial trial balance.
Reverse opening accruals and prepayments.
Report the journals entered.
Amend the nominal ledger.
Add new customers onto the system.
Report on customer information.
Add new suppliers onto the system.
Post customer invoices.
Enter customer credit notes.
Create aged debtors reports.
Create and enter supplier invoices.
Enter supplier credit notes.
Enter supplier cheques.
Create supplier payments report.
Add receipts (monies in) from customers.
Report on the customer receipts.
Post petty cash transactions.
Report on the payments in petty cash.
Enter cash payments.
Enter sundry payments.
Xero Online Computerised 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:
You’ll learn how to set up the 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, post journals, run reports amongst over things.
This is a useful course if:
You will be given free access to Xero for 28 days - (allow 24 hours for the trial to be activated). Preferably, the course needs to be completed within the 28 day trial window (so that the software still works, as you have a go at the assigned tasks)..
The course materials includes the handout of the assignment task.
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 3-4 hours to complete.
Note: The instructor has a newer Xero course just release mid-May 2017. It includes more tasks and is longer in length.