Xero Set-up, Bookkeeping, Accounting, & Reporting | Accounting & Bookkeeping Online Course by Udemy

Finance & Accounting Online Course by Udemy, On Sale Here

From Set-up to Bookkeeping, Accounting, Reporting, & Financial Statements in Xero with a Certified Xero Advisor

An excellent training about Accounting & Bookkeeping

Xero Set-up, Bookkeeping, Accounting, & Reporting

Technology has revolutionized everything, and, Accounting and Bookkeeping are no exception. Thanks to modern Accounting Software Xero (and few others), the complex accounting entries and jargon like debits and credits are all managed by the system. Initial Set-up: Setting up the Chart of Accounts (the key income, expense, assets, and liability categories).Setting up contacts (customers, suppliers, employees)Setting up our business branding on Invoices Defining opening balances on accounts Setting up banks and integrating the bank for bank feed (automatic import of bank statement). Sales and Receivables Management: Creating customers in XeroCreating (our business branded) invoices and emailing to customers from XeroFollow up customers for payment (from within the Xero) Automating the follow-up schedule within XeroSending monthly summaries (statements) from XeroReceiving full/partial payments and issuing receipts (payment acknowledgment) to customers from within the Xero Reconciling the payments received in the bank (within Xero).Running Sales and Receivables Reports and analyzing important bits aging analysis, key customer analysis, trend analysisPurchases/Expenses and Payables Management: Recording bills/invoices/receipts in Xero where payment has already been made. Recording unpaid bills in XeroAttaching the image/soft copy of the bill with expense created in Xero (to meet the legal requirements). Applying full/partial payments to the bills Reconciling the payments made in the bank (within Xero).Automating the bills data entry using Xero partner add-onsAutomating the expense recording by creating bank-rules Bulk recording of expenses using Xero cash-coding, saving hours of bookkeepingRunning Purchases and Payables Reports and analyzing important bits aging analysis, analysis, trend analysisBank Reconciliation: Reviewing other key Business Reports: About the Teacher: Certified Chartered Accountant from the United Kingdom Xero Certified Advisor since 201450+ Xero, QuickBooks, SAP, and Oracle implementations 12 years of teaching experience as visiting facultyEx PwC Consultant

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