Xero Online Bookkeeping by Udemy
Learn how to use Xero, the leading online accounting software to perform several essential bookkeeping tasks.
Course Highlights
- 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
Skills you will learn!
Curriculum
2 Topics
Introduction to the course and your tutor
Activating your free trial with Xero
3 Topics
Signing up for the free trial
Create the organisation
The ficticious scenario
3 Topics
Add Bank accounts to the system
Enter opening balances
Opening trial balance
2 Topics
Amend the nominal ledger
Chart of Accounts Report
3 Topics
Enter customers
Entering suppliers
Reporting customer and supplier information
6 Topics
Enter invoices
Invoicing tips - adding logo repeat billing
Entering invoices 6574 to 6610
Post credit notes
Report showing customer activity
Aged debtors
6 Topics
Post supplier invoices
Enter suppliers invoices 6028 onwards
Enter more supplier invoices no 4308 onwards
Credit notes suppliers
Supplier activity report
Aged creditors info
2 Topics
Receipts from customers
Apply customer credit notes
3 Topics
Post supplier cheques
Apply supplier credit notes
Print list of bank receipts and payments
2 Topics
Post sundry payments
Make a credit card payment
6 Topics
Post Petty Cash Transactions - week 1
Petty cash - week 2
Petty cash - week 3
Petty cash - week 4
Imprest system on petty cash
Report on cash payments and receipts
2 Topics
Writing off a bad debt - print customer statement
Write off a bad debt
1 Topic
Reconcile the credit card statement
3 Topics
Bank statement as a csv file
Bank statement closing balances
Reconcile the Petty Cash
5 Topics
Wages and salaries
Post the wages journal
Report wages journal
Payday
Pay the two staff
2 Topics
Depreciation journal
VAT Return
1 Topic
Month end reports PnL BS TB
3 Topics
Using Payroll
Setting up employees
Running payroll - an example
1 Topic
Bank reconciliation - setting up rules
3 Topics
Applying a payment to a supplier bill which is entered automatically
Deleting auto supplier bills
Checking unpaid supplier bills
2 Topics
Recap and Next Steps
What happens next?
Xero Online Bookkeeping
Thank You!
Your review has been submitted successfully.