12 months of accounting simulation in 20 hours! 200+ invoices and bills, and close to 1000 bank transactions with gradually increasing difficulty. The only online Xero Training course with real-life practice on the Xero software and test questions to monitor your progress! It’s designed to suit both experienced book-keepers, accountants with no Xero know- ledge, or complete beginners.
Included:
- Creating Sales Invoices: Learn how to create sales invoices, use the reference field, create items and choose different tax settings
- Uploading Purchase Bills:
Learn the difference between purchase bills, receipts and expenses.
How to upload, attach or assign bills as a cost. How to set multiple currencies.
- Expense Claims: Learn to upload expense claims directly or from your mobile app. Enable Xero’s Receipt Analysis feature. Submit expenses for approval or approve them if you have permission
- Bank Reconciliation:
Add bank accounts and import bank statements. Master bank reconciliation.
Reconcile sales and purchases, transactions without bills and transfer to savings
- Foreign Currency Transfers: The easy steps to follow
- Cash Withdrawals: The best and most efficient way and how to keep track of balances.
- Director’s Loan Account: Lending money to the company as a director’s loan and withdrawing it tax-free
- Salaries: Uploading salaries to Xero and reconciling
- Reporting:
View month-end reports such as the Balance Sheet
Create a Profit & Loss report and the different settings available
Show the results as monthly, quarterly or yearly and compare them with previous periods