Course curriculum

  • 1


    • Welcome!

    • Join our Facebook community!

    • Disclaimer

  • 2

    Getting Started

    • Reviewing and amending settings

    • Handy efficiency tips

    • Checklist:: Accessing Xero for the First Time

    • Checklist:: Setting up your Short Cut to Xero

    • Checklist :: 10 Things You MUST Do once you have set up your Xero account

  • 3


    • Bank accounts and their setup

    • Manual bank imports and error prevention

    • Fixing incorrect bank balances

    • Checklist:: Setting up the Bank Account and Electronic Bank Feeds

    • Checklist:: Refreshing and Updating Electronic Bank Feeds

    • Checklist:: Importing a manual bank statement in to Xero

    • Checklist:: What to do when your Xero bank balance does not match the statement

  • 4


    • Sales invoices, defaults and much more!

    • Invoice templates and the application

    • Email templates and the application

    • Get paid more easily - payment services

    • Applying a sales process. Quotes, drafts, awaiting approval and approved

    • How to be creative with tracking codes

    • Checklist:: Creating Sales Invoices

    • Checklist:: Setting Automatic Invoice Numbers

    • Checklist:: Email Templates and Emailing Invoices

    • Checklist:: Creating a new sales invoice template

    • Checklist:: Additional controls - submitting sales invoices for approval

    • Checklist:: Using tracking codes to account for sales

  • 5


    • Posting bills, and avoiding common errors

    • Managing bill payments as a process, batch payments and remittances

    • Printable:: Importing Bills, Receipts and Invoices to Xero

    • Checklist:: Adding A Bill

    • Checklist:: Approving and Checking Bills or Invoices

    • Checklist:: Attaching Files to Bills and Invoices

    • Checklist:: Batch paying suppliers and sending remittance advices

  • 6

    Xero File Management

    • How to make use of Xero files

    • Article:: Using Xero Files to Manage Your Documents

  • 7

    Chart Of Accounts

    • Chart of accounts and the confusion they cause!

    • Printable:: Getting your chart of accounts right

    • Checklist:: Adding or editing account codes for invoices and bills

  • 8

    Bank Reconciliation

    • Things to know when reconciling

    • How to use bank rules to save oodles of time!

    • Printable:: To Reconcile or Not To Reconcile? - Where should you post that bank transaction?

    • Checklist:: Reconciling the Bank - Cash or accruals basis?

    • Checklist:: Setting up bank rules

    • Checklist:: Posting payments on accounts

    • Checklist:: Part Paying Sales Invoices Through Bank Reconciliation

    • Checklist:: What to do when your Xero bank rules stop working

  • 9

    Customer & Supplier Reconciliation

    • How to reconcile those "messy" customers and suppliers

    • Checklist:: Reconciling supplier accounts to account statements

    • Checklist:: Reconciliation of accounts receivable and accounts payable

  • 10


    • Checklist:: Getting Started with your VAT return in Xero

  • 11

    Month End Accounting - Profit & Loss

    • Introduction to the TWO versions of the Profit & Loss report

    • P&L Version 1 (OLD) - How to manipulate your display

    • P&L Version 1 (OLD) - How to add account groupings and tweak formats

    • P&L Version 1 (OLD) - Some things you may not know

    • P&L Version 2 (NEW) - How to manipulate your display

    • P&L Version 2 (NEW) - How to add account groupings and tweak formats

    • P&L Version 2 (NEW) - Some things you may not know

    • Article:: Suggestions for your Profit & Loss layout

    • Checklist:: Running a Profit and Loss Account

    • Checklist:: Understanding your Profit & Loss

    • Checklist:: Changing your Profit and Loss layout

  • 12

    Month End Accounting - Balance Sheet

    • Getting Started with your Balance Sheet

    • Getting Clever with your Balance Sheet (Codings)

    • Getting Clever with your Balance Sheet (Tips)

    • Getting Clever with your Balance Sheet and your Profit & Loss Account

    • Article:: Suggestions for your Balance Sheet layout

  • 13

    Bonus tools

    • Getting Clever with Xero - Find & Recode

    • Checklist:: Efficiently using Find & Recode