Xero Online Bookkeeping Software
3.0 (32 ratings)
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Xero Online Bookkeeping Software

Learn how to use Xero, the leading online accounting software to perform several essential bookkeeping tasks.
3.0 (32 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
221 students enrolled
Created by Lisa Newton
Last updated 8/2017
Current price: $10 Original price: $195 Discount: 95% off
5 hours left at this price!
30-Day Money-Back Guarantee
  • 2.5 hours on-demand video
  • 2 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • By the end of the course you will be able to complete various common functions using Xero software
  • In this course, you will learn how to:
  • 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
View Curriculum
  • You'll need access to Xero in order to complete the assignment
  • You'll get access to Xero for 28 days - for free, so preferably once the software trial is activated, you need to complete the assignment within that 21 day time frame
  • In lecture 1 - we show you where to download the software.

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:

  1. Read the task
  2. Watch the video
  3. Have a go at it yourself on your own system
  4. Rewatch the video (if necessary) - to reinforce the learning

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 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 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.

Who is the target audience?
  • 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
Students Who Viewed This Course Also Viewed
Curriculum For This Course
37 Lectures
Getting Prepared - Access the software and course materials
1 Lecture 00:00


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:

  • Print off the course material. 
  • Read through each task. 
  • Watch the video on how to complete the task, and then
  • Have a go at it yourself on the software.

The structure of the course - first things first!
14 pages
Setting Up The System
7 Lectures 19:19

Setting up the Xero system.

Preview 04:04


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:

  • Get your free course code and 
  • Do the newer version of Xero training. Y

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.

Revised edition of Xero

Setting up a new company on the system.

Preview 01:34

Enter the opening balances.

Preview 05:44

Creating initial trial balance.

Opening Trial Balance

Reverse opening accruals and prepayments.

Reverse Opening Balances - accruals and prepayments

Report the journals entered.

Preview 01:33
Nominal Ledger
1 Lecture 05:19

Amend the nominal ledger.

Amend the Nominal Ledger
2 Lectures 06:56

Add new customers onto the system.

Enter customers

Report on customer information.

Reporting Customer Information
1 Lecture 06:34

Add new suppliers onto the system.

Entering Suppliers
Sales Ledger
3 Lectures 14:13

Post customer invoices.

Enter invoices

Enter customer credit notes.

Post Sales Credit Notes

Create aged debtors reports.

Aged Debtors Reports
Purchases Ledger
2 Lectures 14:03

Create and enter supplier invoices.

Post Supplier Invoices

Enter supplier credit notes.

Credit Notes Suppliers
Sundry Payments
2 Lectures 08:03

Enter supplier cheques.

Post Cheques

Create supplier payments report.

Report showing supplier payments
Sundry Receipts
2 Lectures 08:57

Add receipts (monies in) from customers.

Receipts from customers

Report on the customer receipts.

Report showing customer receipts
Petty Cash
4 Lectures 25:29

Post petty cash transactions.

Post Petty Cash Cheque

Report on the payments in petty cash.

Preview 01:30

Enter cash payments.

Post cash payments to ledgers and cash reports

Enter sundry payments.

Post Sundry Payments
5 More Sections
About the Instructor
Lisa Newton
4.2 Average rating
387 Reviews
4,708 Students
100 Courses
Entrepreneur, Infopreneur & Serial Author

Lisa Newton BA MSc AAT has a masters degree in Investment Management and a first class honours degree in Accounting with Marketing. She formed her first company in 2004 with £150 in the same month of graduating from City University, London UK. Lisa has never had a full time 9 to 5 job in her life. She's a serial entrepreneur and author who holds directorships in various industries including telecoms, property management, publishing, hair & beauty as well as finance. She has won various awards in Business including: Young Entrepreneur of the Year Award 2007, in 2008 Enterprising Business Award, in 2016 BE Mogul Award and has been nominated and shortlisted in numerous others. In 2011 and in 2012 one of her companies won Best Accounting Franchisor Award. In 2015 and 2017 one of her companies won Best Bookkeeping Business London (Accountancy International Awards).

Lisa's books include: 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. Some of the books are in audio-format on itunes and audible.

Lisa hosts her own show The Authors Podcast which can be found on the iTunes channel.

Lisa supports the charity The MS Society. A speaker, coach, consultant and an avid networker, Lisa enjoys meeting people and working on projects with like-minded individuals.

In her spare time, Lisa likes traveling, dancing salsa, writing books, learning languages, meditation, yoga and cosmic ordering.