Introduction To Xero Accounting Software - Beginners Guide

Xero Basic functionalities
What you'll learn
Setting up Xero for your organisation
Chart of Accounts
Invoicing
Bills to Pay
Balance Sheet tips
Setting up bank accounts in Xero
Manual Journals
Requirements
No experience required
Description
This course will allow you to setup Xero correctly for your organisation and perform basic accounting functionalities. Xero is an off the shelf accounting software used by startups and SME's to raise invoices, pay their bills, bookkeeping, to run their P&L statements, budgeting and forecasting. After watching this video you will be able to do the day to day functions required for bookkeeping.The course will take you through how you can setup your organisation details correctly, setup your users, correctly choose your base currency, setup invoicing templates, integration with various payment services and setup email reminders.It will allow you to setup your Chart of Accounts, choosing income and expenses accounts, assets and liabilities accounts correctly.It will take you through how to invoice your clients, how to track invoices and then how to pay your bills through Xero in different currencies.It also includes tips for setting up your balance sheet and the classification of different items on the balance sheet and how to setup your balance sheet correctly.There are tips to pass manual journals, advice on who should be passing journal entries in your organisation and finally how to setup bank accounts on Xero and their classifications.
Overview
Section 1: Xero beginners
Lecture 1 Introduction
Lecture 2 Chart of Accounts
Lecture 3 Invoicing
Lecture 4 Bills to Pay
Lecture 5 Setting up Bank accounts and Balance sheet tips
Lecture 6 Manual Journals
Beginners guide to Xero
Screenshots

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