Xero Accounting Software

Description

Xero Accounting Software

This course will start at the basics, assuming you know nothing about the software or accounting.

We will then go through the purchasing process, the downloading process, and the installation process. Xero often offers a free 30 day trial which is a perfect tool to practice with.

The first half of the course will be dedicated to navigating the software, getting a feel for the major components of the software, and the primary accounting cycles such as the customer section or revenue cycle, the vendor section or payments cycle, and the employee section or payroll cycle.

Once we learn the primary sections or accounting cycles we will analyze the forms and transactions within each section, considering the impact each has on the financial statements. major accounting forms will include invoice, bills, pay bills, purchase orders, deposits, and more.

The second half of the course will be in the format of a comprehensive problem, working through two months of data impute.

We will enter every standard type of transaction as we work through the comprehensive problem. The comprehensive problem format will provide context to the data entry process, so we understand how the data impute fits into the accounting workflow.

A comprehensive problem also allows us to do more than simple data entry, data entry generally being the easiest part of the accounting process. We will be able to see how to set up the system to make the data entry as easy as possible.

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We will also be able to see the impact on the financial statements of every transaction we make and be able to check our work after each transaction.

Contenu du cours
30 sections • 156 sessions • Durée totale: 28 h 9 min
Aperçu
02:47
Data Files to Download
00:01
Aperçu
13:51
Data Files to Download
00:01
Aperçu
11:31
1.16 Customer Section Invoice
20:51
1.17 Customers Section Receive Payment
14:34
1.18 Customers Section Deposit from Clearing
06:30
1.19 Customers Section Sales Receipts
14:57
Data Files to Download
00:01
Aperçu
10:24
1.22 Vendor Section Payable Payment
09:26
1.23 Vendors Section Purchase Order
09:50
1.24 Vendors Section Check
08:08
Aperçu
12:25
1.28 Others Section
12:08
1.30 Reports
12:54
1.40 Help Options
05:20
1.45 Print & Export Reports to Excel
14:49
1.50 Backup Options
08:33
Data Files to Download
00:01
2.10 Balance Sheet
15:52
2.15 Balance Sheet Report Settings
10:00
2.20 Balance Sheet Edit Layout
17:11
2.30 Comparative Balance Sheet
14:08
2.40 Summary Balance Sheet
16:46
2.50 Memorize Custom Report Group
12:27
3.10 Income Statement
15:17
3.20 Comparative Income Statement
15:35
3.25 Vertical Analysis Income Statement
10:33
3.30 % of Expense Income Statement
09:35
4.10 Statement of Cash Flows
13:25
4.20 Income By Contact Report
10:19
4.30 Aged Receivables Report
10:28

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4.35 Aged Payables Reports
10:56
4.40 Sales Graphs
10:29
4.45 AR & AP Graphs
14:00
Data Files to Download
00:01
6.01 Set Up Organization Details
07:23
6.02 Users Add & Manage
11:33
6.03 Add Apps, Currencies, & Subscriptions
04:40
6.05 Payment Services, Invoicing, & Features
05:09
6.06 Projects, Files, & Other Settings
03:06
Data Files to Download
00:01
6.09 Objective
07:18
6.10 Items – Service Set Up Part 1
08:48
6.11 Items – Service Set Up Part 2
11:51
6.13 Items – Inventory Set Up Part 1
10:03
6.14 Items – Inventory Set Up Part 2
07:50
6.14 Items – Inventory Set Up Part 3
10:05
6.15 Set Up Customers & Beginning Balances
21:33
6.20 Set Up Vendors & Beginning Balances
11:44
6.25 Add Bank Account
10:41
6.26 Add Credit Card
10:32
6.27 Add Notes Payable
13:40
6.28 Add Equipment Account
14:55
6.35 Payroll Options
06:07
6.55 Generate Transaction Detail Report
23:51
7.05 Record Owner & Loan Deposit
13:19
7.10 1 Record Purchase Furniture
12:50
7.10 2 Record Short-Term Investment
10:17
7.16 Sales Tax Set Up
08:37
7.17 Purchase Order Part 1
06:31
7.18 Purchase Order & Add Inventory Item
04:03
7.20 Part 1 Create an Invoice with Inventory Part 1
10:33
7.20 Part 2 Create an Invoice with Inventory
08:44
7.25 Part 1 Receive Payment
07:30
7.25 Part 2 Receive Payment
09:07
7.30 Part 1 Sales Receipt
10:50
7.30 Part 2 Sales Receipt Service Item
10:20
7.35 Deposit Records Group Deposits
08:12
7.40 1 P.O. Billed & Paid Part 1
11:21
7.40 2 P.O. Billed & Paid Part 2
11:44
7.45 Invoice Created From Purchase Order Part 1
08:09
7.46 Invoice Created From Purchase Order Part 2
08:02
7.50 Receive Payment & Make Deposit
10:19
7.55 Enter Check & Expense Forms
21:11
7.60 Pay Bills
07:46
7.65 Projects
02:08
7.70 Pay Employees Part 1
17:24
7.71 Pay Employees Part 2
15:56
7.75 Sales Receipt Service Item
05:57
7.80 Generate Report Export to Excel

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19:51
Data Files to Download
00:01
8.02 Consolidate Loans
05:21
8.03 Loan Amortization Table
13:48
8.05 Make Loan Payments
13:20
8.10 Short Term Investment Deposit
08:25
8.15 Purchase Order With New Inventory Item
06:45
8.20 Receive Inventory Requested With P.O. Enter Bill
09:21
8.25 Sales Receipts & Deposit
11:31
8.30 Advanced Payment From Customer
09:48
8.35 Apply Credit Or Advanced Payment to Invoice
12:14
8.40 Record Sales on Account
06:21
8.45 Advance Customer Payment or Deposit
08:22
8.50 Bills Track & Pay
07:39
8.55 Customer Payment & Deposit
09:27
8.60 Pay Sales Tax
08:20
8.65 Pay Payroll Taxes
09:42
8.70 Enter Bills & Pay Bills
15:14
8.75 Enter Service Items & Invoices
18:01
8.77 Purchase Equipment with Debt
11:08
8.80 Payroll
17:18
8.90 Rental Income New Service Item New Income Account
07:58
8.95 Comparative Financial Statements
18:33
9.02 Bank Reconciliation Objective
14:28
9.10 Bank Reconciliation First Month Part 1 Deposits
14:05
9.11 Bank Reconciliation First Month Part 2
24:28
9.14 Bank Reconciliation Second Month Part 1 Deposits
08:37
9.15 Bank Reconciliation Second Month Outflows
21:52
10.10 Short Term Loan Adjusting Entry
08:27
10.11 Short Term Portion Of Loan Adjusting Entry
10:30
10.15 Loan Payable Adjusting Entry #2
10:37
10.17 Reversing Entry Notes Payable
07:35
10.25 Accrued Interest Reversing Entry
11:07
10.25 Invoice & AR Adjusting Entry
10:36
10.26 Invoice & AR Adjusting Entry Part 2 Solution
12:47
10.35 Accounts Receivable Reversing Entry
12:56
10.40 Prepaid Insurance Adjusting Entry
07:13
10.45 Depreciation Adjusting Entry
11:25
10.57 Journal Report & Financial Statements
18:17
Data Files to Download
00:01
315 How Do Bank Feeds Fit Into My Accounting System
10:44
320 Project Outline
05:28
325 Set Up Bank Feeds
07:11

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360 Download Transactions From Bank
07:06
365 Import Bank Data
08:35
370 Add Expense transactions
24:47
375 Add Capital Expenditures
10:36
376 Add Capital Expenditures Part 2
10:13
380 Add Inventory Purchase
13:51
385 Add Amount Paid for Investment
07:54
395 Add Bank Charge
06:52
400 Sales Tax Calculation
10:15
400 Sales Tax Set Up
02:53
405 Deposit Loan
08:50
405 Deposit Owner
08:50
406 Bank Beginning Balance
16:06
415 1 Upload Bank Transactions
11:42
415 2 Add Expenses
19:04
420 Add Insurance
09:16
425 Add Payroll Checks
16:38
430 2 Add Loan Payment
11:26
435 Add Draw
08:31
440 1 Receive Payments On Invoice
14:50
440 2 One Deposit Two Invoices
13:18
445 Sales Receipt & Bank Feeds
15:53
450 Bank Reconciliation
07:24
460 Credit Card Bank Feeds Upload
05:49
465 2 Add Credit Card Data to Financial Stmts
18:16
470 1 Reconcile Credit Card
11:26
475 Bank Rules Deposit Same Customer Different Account
15:27
480 Bank Rules Amount Limit
12:30
485 Bank Rules Split Into Two Accounts
09:11
490 Bank Rules One Vendor Two Expense Accounts
11:13
495 Bank Rules More Rules
26:35

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