Learn how to create accurate records and reports using Xero cloud-based accounting software.

Accurate bookkeeping is required by all businesses. Complete and correct records will allow you to make better and quicker decisions to improve your business and ultimately increase profit. Using online accounting software like Xero will make this quicker and easier.

Bookkeeping can be daunting but with the right preparation it can be handled with confidence.

What will I learn?

This course is designed to provide you with an understanding of the function of online accounting software and how to develop the skills to accurately record your accounting transactions and produce relevant and timely financial reports.

You will gain the confidence and skills required to record transactions and produce reports that are meaningful to you and your business. You will leave with a better understanding of the meaning of the figures your software produces and the confidence to manage your bookkeeping successfully and professionally.

By the end of the training you will be able to:

• Raise and send invoices to customers
• Record customer payments against invoices issued, showing who you need to chase for payment.
• Record expenditure including supplier invoices
• Transfer information from your bank directly to the software
• Reconcile your bank to ensure accuracy of information within the accounting software
• Produce reports that you require to keep track of the success of your business.
• Identify how best to record your income and expenditure to ensure it is meaningful
• How this information is transferred to your accountant at year end

Is it for me?

If you are responsible for bookkeeping and wish to enhance your skills, then this is the course for you.