Xero Advanced

Course Overview

Once you have mastered the basics on Xero you may feel that you need to take that next step to start really maximising the efficiencies that can be gained from the software.

This course is for those who want to get to know Xero in more depth, to brush up on the basics and then take that next step. Come find out what you could and should be doing with this incredible software

By the end of the day we will have covered this and more…

• Review of basic knowledge
• Understanding the shortcuts
• Repeating invoices
• Using Bank Rules
• Use of Quotes, Purchases Orders and Fixed Assets
• How to spot common bookkeeping errors
• How to use budgeting feature
• Setting up automation
• Linking Xero to third part applications
• Introduction to producing management accounts

Contents

Anticipated

1. What do you want from today
2. Introduction – Why is Xero making a difference
3. Review of basic knowledge
   1. Dashboard – Modifying
   2. Quotes – Sales
   3. Purchase Orders – Purchases
   4. Bank
   5. Inventory
   6. Report
4. Settings
   1. Chart of Account
   2. Tracking
   3. Financial Settings
   4. Invoice Settings
   5. Email Settings
   6. Xero to Xero
   7. Add-ons
5. Sales – without an invoice
   1. Sales vis the web
   2. Payment Gateways
6. Understanding the shortcuts
   1. Date
   2. Inventory
   3. Copying
   4. Multiple Screens
   5. Repeating invoices
7. Bank
   1. Using Bank Rules
   2. Petty Cash
   3. Cash Coding
   4. CIS
   5. Credit Cards
   6. PayPal
   7. Finding Bank Errors

Management Accounts

8. Getting the most from Journals
   1. Posting
   2. Reversing
   3. Repeating
   4. Copy
9. Accruals
10. Pre-payments
11. Fixed Assets
12. Control Accounts
13. Reporting
    1. Smart Reports
    2. Management Report
14. How to use budgeting feature
    1. Budget Manager
    2. Budget Variance
15. How to spot common bookkeeping errors
    1. Review the P&L
    2. Review the Balance Sheet
    3. Control Accounts