Xero Online Bookkeeping

Learn how to use Xero, the leading online accounting software to perform several essential bookkeeping tasks.

Created by: Lisa Newton
Entrepreneur, Infopreneur & Serial Author

What Will I Learn?

• By the end of the course you will be able to complete various common functions using Xero
• 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
• Use credit card to make payments and reconcile the credit card account
• Write off bad debt
• Use the payroll function in Xero
• Import a bank statement

Requirements

• You will need access to Xero accounts online in order to complete the assignment (we'll give you the link to get the free trial version of the software)

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