Getting Prepared - Access the software and course materials
  • Introduction to the course and your tutor
  • Activating your free trial with Xero
Getting started
  • Signing up for the free trial
  • Create the organisation
  • The ficticious scenario
Setting up the system
  • Add Bank accounts to the system
  • Enter opening balances
  • Opening trial balance
Nominal ledger
  • Amend the nominal ledger
  • Chart of Accounts Report
Customers & Suppliers
  • Enter customers
  • Entering suppliers
  • Reporting customer and supplier information
Sales ledger
  • Enter invoices
  • Invoicing tips - adding logo, repeat billing
  • Entering invoices 6574 to 6610
  • Post credit notes
  • Report showing customer activity
  • Aged debtors
Suppliers
  • Post supplier invoices
  • Enter suppliers invoices 6028 onwards
  • Enter more supplier invoices no 4308 onwards
  • Credit notes suppliers
  • Supplier activity report
  • Aged creditors info
Purchases ledger
  • Receipts from customers
  • Apply customer credit notes
Sundry payments
  • Post supplier cheques
  • Apply supplier credit notes
  • Print list of bank receipts and payments
Sundry payments
  • Post sundry payments
  • Make a credit card payment
Petty Cash
  • 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
Bad Debt
  • Writing off a bad debt - print customer statement
  • Write off a bad debt
Credit Card
  • Reconcile the credit card statement
Bank Reconciliation
  • Bank statement as a csv file
  • Bank statement closing balances
  • Reconcile the Petty Cash
Payroll / Wages
  • Wages and salaries
  • Post the wages journal
  • Report wages journal
  • Payday
  • Pay the two staff
VAT - Value Added Tax
  • Depreciation journal
  • VAT Return
Reports
  • Month end reports PnL, BS, TB
Payroll unit
  • Using Payroll
  • Setting up employees
  • Running payroll - an example
Bonus - Banking
  • Bank reconciliation - setting up rules
Bonus - Automated supplier bills
  • Applying a payment to a supplier bill which is entered automatically
  • Deleting auto supplier bills
  • Checking unpaid supplier bills
Conclude
  • Recap and Next Steps
  • What happens next?