No Cost Online Course: Xero Complete Accounting & Bookkeeping Training

Learning Outcome

• Learn how to set up and confidently navigate Xero for efficient day-to-day financial record management tasks.
• Master essential accounting functions in Xero, including bank reconciliation, VAT submissions, and automated payroll processing.
• Gain the skills to apply accruals, prepayments, and depreciation accurately in your financial statements.
• Learn how to generate insightful management reports, prepare budgets, and create cash flow forecasts using Xero tools.
• Develop the ability to use Xero’s multicurrency features to handle international payments and foreign exchange transactions.

• Understand how to correct common accounting errors within Xero and adjust entries for accuracy and compliance.
• Manage business credit card expenses and petty cash entries efficiently to maintain accurate expense tracking.
• Learn how to integrate Xero with payment platforms and other tools to streamline your accounting workflow.

Course Link: No Cost Online Course: Xero Complete Accounting & Bookkeeping Training

Course Overview

The Xero Complete Bookkeeping and Accounting course is designed to provide a comprehensive understanding of Xero, one of the most popular cloud-based accounting software platforms. This course is structured to cater to all levels, from beginners to advanced users, ensuring a step-by-step approach to mastering the software.

The course begins with the Beginner Level, where you’ll learn the fundamentals of setting up and navigating the Xero system. You’ll gain hands-on experience in managing Customers and Suppliers, recording Bank Payments and Receipts, and handling Petty Cash. The module also introduces the management of Fixed Assets, helping you keep track of business property and equipment.

As you progress to the Intermediate Level, you’ll dive deeper into more complex features, starting with Bank Reconciliation to ensure your financial records match your bank statements. You’ll learn to manage Business Credit Card Accounts, generate Aged Reports, and understand the importance of accurate Payroll and Journals. This level also introduces VAT Returns, allowing you to navigate tax compliance with ease.

The Advanced Level focuses on more sophisticated accounting techniques. You’ll master CIS Returns for construction industry schemes, as well as understand Accruals and Prepayments to recognise income and expenses more accurately. You’ll also learn how to post Depreciation Journals, prepare Management Reports, and develop Budgets and Cash Flow projections. This level further explores Payment Services on Xero and how to use Bank Rules to automate processes.

Additionally, you’ll learn to manage Multicurrency transactions, enhancing your ability to work with international clients and suppliers. The App Marketplace module introduces third-party tools to extend Xero’s functionality, while the Resources Available During Covid-19 guide you through the financial implications of the pandemic. You’ll also be taught the techniques for Error Correction in your accounting records, ensuring your financial data is always accurate.

Throughout the course, you’ll also have access to the Xero Coursebook, and upon completion, you can Order Your Transcript to showcase your expertise. Whether you are managing your business finances or working as an accountant, this course will provide you with the practical skills needed to utilise Xero effectively, boosting your productivity and accuracy in accounting.