Xero Accounting Software 2023

Xero 2023 #2 Create New Company File & Enter Two Months of Data

This is the second in a series of courses covering Xero 2023; comprehensively.

Buy $50.00

Course curriculum

1. Data Files to Download
2. 6010 Comprehensive Practice Problem Introduction
3. 6040 Free 30 Day Trail
4. 6060 Navigation Overview & Company Settings
1. 6080 Settings - Profile & General
2. 6100 Organization Settings - Features
1. 6240 Entering Beginning Balances, Customers, Vendors, & Items Overview
2. 6280 Inventory Tracking Options
3. 6260 Enter Service Items
4. 6300 Set Up Inventory Items
1. 6320 Sales Tax Set Up
2. 6340 New Customers Setup & Accounts Receivable Beginning Balances
3. 6360 New Vendors Setup & Accounts Payable Beginning Balances
1. Data Files to Download
2. 6380 Add New Accounts & Opening Balances
3. 6400 Adjust Opening Balances
4. 6420 Payroll Set up
5. 6440 Generate Reports After Entering Beginning Balances_backup59f9b9c.autosave
1. Data Files to Download
2. 7020 Deposits - Owner Investment & Loan
3. 7040 Record Investment
4. 7043 Purchase of Fixes Assets
1. 7060 Enter Purchase Order P.O.
2. 7080 Payment for Inventory Linked to Purchase Order P.O.
3. 7083 Transaction Correction
1. 7100 Invoice Selling Inventory
2. 7120 Receive Payment Or Deposit From Invoice
3. 7140 Receive Money Form Payment Received at Point of Sale (1)
4. 7160 Deposits From Cash Clearing Account
1. 7180 Invoice Created from a Spend Money Form with Assigned Expenses to Customer (1)
2. 7200 Receive Payment From Invoice & Make Deposit
3. 7220 Write Checks for Expenses & Prepaid Assets
4. 7240 Bill Pay
1. 7260 Projects Set Up
2. 7280 Pay Employees
3. 7300 Enter Billable Time to Projects & Invoice
4. 7310 Assign Expenses to a Customer or Project
1. 7320 Month One Reports
2. 7325 Bundle Month One reports for a Client
1. Data Files to Download
2. 8020 Make Amortization Table
3. 8022 Make Loan Payments
4. 8040 Short Term Investment Sales & Gains
5. 8060 Change Account Categorization to Other Expense
1. 8080 Purchase Order Adding New Items
2. 8120 Receive Money Sales Receipt & Deposit
3. 8122 Record Receipt of Inventory with Bill Linked to P.O.
1. 8130 Populate Invoice Using Information From Purchase Order P.O.
2. 8140 Advanced Customer Payment or Unearned Revenue
3. 8160 Apply Customer Deposit (Credit) to Invoice
4. 8200 Quote or Estimate & Advanced Customer Payment or Unearned Revenue
1. 8320 Bill for Hourly Services of Staff, Set up Items, & Enter Billable Time
2. 8322 Create Invoices for Projects Using Billable Time
1. 8340 Rental Income Set Up Items
2. 8342 Rental Estimate & Customer Deposit
3. 8344 Rental Income Invoice from Estimate or Quote & Customer Credit Applied
1. 8360 Purchase & Finance Equipment & Organize Multiple Loan Accounts
2. 8362 Organize Fixed Asset Account Categories
1. 8365 Bills - Enter, Sort, & Pay
2. 8370 Pay Sales Tax
1. 8380 Enter Payroll For Second Month
2. 8385 Pay Payroll Taxes
1. 8420 Create Reports After Second Month of Data Input

About this course

$50.00
63 lessons
20 hours of video content

Description

This course is the second in a series of classes covering Xero 2023; comprehensively.

We will create a new company file and populate it with two months of data input.

The data input will cover every significant form in each operating cycle, including the revenue cycle, the payables cycle, and the payroll cycle. The primary operating cycles are also commonly grouped as the customer, vendor, and employee cycle.

As we enter financial transactions, populating forms, we will analyze the impact on the financial statement and related reports.

Entering two months of data will allow us to see the difference in complexity of entering data for the first month of operations, a time when we have no historical data to help us, and entering data in following months, a time when we do have prior history and transactions to help simplify the process.

Xero 2023 #2 Create New Company File & Enter Two Months of Data

Course curriculum

2023 Start a New Company File

2023 Company Preferences & Settings

2023 Adding Service Items & Inventory Items

2023 Sales Tax Setup, Add Customers, & Add Vendors

2023 Opening Balances, Adjustments to Equity, & Manual Payroll Setup

2023 Month 1-Record Short-Term Investment & Purchase of Fixed Asset for Cash

2023 Month 1-Enter Purchase Order & enter check or Expense Form from P.O.

2023 Month 1-Enter Invoice, Sales Receipt, & Deposit

2023 Month 1-Enter Invoice, Receive Payment, & Bill

2023-Month 1-Create Customer Job, Pay Employees, & Create Sales Receipt for Job

2023-Month 1 Reports

2023 Month 2-Enter Loan Payments, Create Amortization Tables, & Investments

2023 Month 2-Enter Purchase Order, Sales Receipt, & Bill for Inventory

2023 Month 2-Invoice from Billable Item, Advanced Customer Deposit

2023 Month 2-Invoicing for Hourly Service

2023 Month 2-Invoicing for Rental Income with Advanced Customer Deposit

2023 Month 2-Purchase & Finance Equipment & Recategorize Fixed Assets

2023 Month 2-Enter & Pay Month End Bills & Pay Sales Tax

2023 Month 2-Enter Payroll & Pay Payroll Tax for Prior Period

2023 Month 2-Generate Month End Reports & Review Work

About this course

Description