12 months of accounting simulation in 20 hours! 200+ invoices and bills, and close to 1000 bank transactions with gradually increasing difficulty. The only online Xero Training course with real-life practice on the Xero software and test questions to monitor your progress! It’s designed to suit both experienced book-keepers, accountants with no Xero know- ledge, or complete beginners.

Included:

• Creating Sales Invoices: Learn how to create sales invoices, use the reference field, create items and choose different tax settings
• Uploading Purchase Bills:

  Learn the difference between purchase bills, receipts and expenses.

  How to upload, attach or assign bills as a cost. How to set multiple currencies.

• Expense Claims: Learn to upload expense claims directly or from your mobile app. Enable Xero’s Receipt Analysis feature. Submit expenses for approval or approve them if you have permission
• Bank Reconciliation:

  Add bank accounts and import bank statements. Master bank reconciliation.

  Reconcile sales and purchases, transactions without bills and transfer to savings

• Foreign Currency Transfers: The easy steps to follow
• Cash Withdrawals: The best and most efficient way and how to keep track of balances.
• Director’s Loan Account: Lending money to the company as a director’s loan and withdrawing it tax-free
• Salaries: Uploading salaries to Xero and reconciling
• Reporting:

  View month-end reports such as the Balance Sheet

  Create a Profit & Loss report and the different settings available

  Show the results as monthly, quarterly or yearly and compare them with previous periods