Course curriculum

    1. 1012 30 Day Free Trial & Purchase Options

    2. 1080 Dashboard

    3. 1100 Bank Feedsbf275d.autosave

    1. Data Files to Download

    2. 1140 Vendor, Expense, or Payments Cycle

    3. 1160 Bills To Pay and Suppliers

    4. 1180 Bill Form42dfb0.autosave3bcfe3.autosave

    5. 1200 Payment Form to Pay Bill

    6. 1220 Purchase Order Form P.O.

    7. 1222 Bill With Inventory Connected to P.O.

    8. 1227 Inventory Adjustment1457f64.autosave

    9. 1260 Check Form or Spend Money Form14d16512.autosave

    1. 1300 Customer, Revenue, or Account Receivable Cycle

    2. 1320 Invoice Center & Customer Information

    3. 1340 Invoice Form

    4. 1360 Receive Payment on Invoice

    5. 1380 Receive Money or Deposit Form

    6. 1400 Receive Money Form – Cash Basis Sale6d7ea3.autosave

    7. 1405 Barter Sale Transaction10cfef9.autosave

    8. 1433 Quote or Estimate

    1. 1480 Payroll Overview

    1. 1580 Chart of Accounts

    2. 1600 Products & services

    1. 1640 Reports Overview

About this course

  • $49.99
  • 48 lessons
  • 12.5 hours of video content

Description

This course will cover the fundamentals of Xero 2023, the things you need to know to get up and running.

We will first talk about how to get access to Xero, possibly with the 30-day free trial often offered by QuickBooks, the 30-day free trial being a perfect tool for a course like this.

Using the test drive company file provided by Xero, we will practice navigating the software, locating the settings, the general ledger and other core lists, the reports, and the primary forms used to enter financial transactions.

We will break the accounting process down into accounting cycles, including the revenue or accounts receivable cycle, the purchases or expense or accounts payable cycle, and the payroll or employee cycle.

Thinking about the accounting process by cycle is much easier to visualize, the data input forms falling into place, the order and linking of many data input forms becoming much clearer.

This course will demonstrate the core financial statement reports, the balance sheet, and the income statement or profit and loss. We will then look at many other reports, considering how most will expand on, and provide more information to line items on the primary financial statement reports, the balance sheet, and income statement, or profit and loss.