Learn Xero Bank Accounts The Complete Training

Tags: Xero

Become an expert at bank accounts in Xero bookkeeping & accounting software using Xero's Australian demo company

Last updated 2022-01-10 | 4.6

- Save time by learning how to set up Xero’s powerful automatic bank feeds
- Find out how you can speed up your bank reconciliations with bank rules
- Learn how to set up and manage bank accounts PayPal account and credit cards

What you'll learn

Save time by learning how to set up Xero’s powerful automatic bank feeds
Find out how you can speed up your bank reconciliations with bank rules
Learn how to set up and manage bank accounts PayPal account and credit cards
See how you can easily fix reconciliation mistakes with the click of a button

* Requirements

* Access to Xero's demo company

Description

Are you wasting time manually importing bank transactions?

Is reconciling your bank accounts time consuming, inefficient and painfully repetitive?

If any of that sounds familiar, then this course about Xero’s innovative bank accounts features is for you!


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What will I learn from this course?

Our complete “Xero Bank Accounts” course will teach you how to use Xero’s automated bank accounts system - one of the cloud-based accounting software’s best selling features.

In just a few hours, you will learn how to navigate the bank accounts section of Xero, how to add bank accounts and PayPal accounts and how to set up automatic bank feeds.

You will also learn how to manually import bank transactions, find out the different ways Xero allows you to reconcile bank account lines and discover ways to fix reconciliation mistakes.


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What is the course structure?

** This course uses the Australian version of Xero however most concepts apply in all countries **

We use Xero’s amazing demo company to show you how to set up and manage bank accounts in Xero for your business.

Because we use the demo company, you can practise your skills in real time as you watch each lesson.

That way, you can learn by doing, as the whole course is one big interactive exercise!


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What topics are covered?

In the beginning of the course, we learn how to navigate the bank accounts section of Xero.

Then, we take a look at how to add bank accounts and PayPal accounts.

We also learn how to set up automatic bank feeds and how to manually import bank transactions.

Finally, we learn all the different ways Xero allows us to reconcile bank account lines. We also look at a few ways to fix up any reconciliation mistakes we make.

By the end of our course you should have the confidence and know-how to set up and use bank accounts in Xero for your business.


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So what are you waiting for? Sign up today and get control over your bank accounts in Xero.

See you on the course!

Who this course is for:

  • Bookkeepers and accountants who use Xero for their clients
  • Business owners who use Xero for their business

Course content

5 sections • 24 lectures

Course Introduction Preview 01:27

Instructor Introduction Preview 00:48

Bank Accounts Screens Tour Preview 05:11

Manage Account Button Preview 07:15

Setting up Bank Accounts Preview 02:05

Setting up PayPal Accounts Preview 02:23

Importing Bank Statements Preview 04:33

Automatic Bank Feeds Preview 05:21

Managing Bank Accounts Quiz

Let's go through a few questions to make sure you understand some of the basic concepts of how to manage bank accounts in Xero.

Bank Reconciliation Tour Preview 03:42

Matching to Invoices (Sales) Preview 04:31

Matching to Bills (Purchases) Preview 04:39

Receive Money Transactions Preview 06:54

Spend Money Transactions Preview 05:14

Creating Fixed Assets Preview 04:00

Existing Bank Rules Preview 04:29

Creating Bank Rules Preview 08:28

Suggest Previous Entries Preview 03:01

Cash Coding Preview 06:20

Final Matching Preview 02:22

Reconciling Bank Accounts Quiz

It's time to check your knowledge on the bank reconciliation process in Xero.

Unreconcile and Remove & Redo Preview 03:48

Fixing Reconciliation Mistakes Quiz

Test your knowledge on how to fix problems with reconciling bank accounts.