Xero Advanced Accounting

Tags: Xero

Become an expert at Xero's fixed assets, products and services, inventory, manual journals, expense claims & conversions

Last updated 2022-01-10 | 4.4

- Take your knowledge of Xero to the next level by going beyond the basics
- Advance your career and have greater control of your accounts
- Learn about Xero’ chart of accounts
- conversion balances
- tracking categories and expense claims

What you'll learn

Take your knowledge of Xero to the next level by going beyond the basics
Advance your career and have greater control of your accounts
Learn about Xero’ chart of accounts
conversion balances
tracking categories and expense claims
Become an expert at Xero’s products and services (inventory)
manual journals
fixed assets

* Requirements

* Access to Xero's demo company
* Access to a live Xero file or a free trial account

Description

Do you want to take your knowledge of Xero to the next level?

Do you want to advance your career and have greater control of your accounts?

Well, our "Xero Advanced Accounting" course will do that for you.

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What will I learn from this course?

In just a couple of hours, our course goes beyond bookkeeping basics and will teach you how to use Xero like an accountant.

You will learn new skills such as how to manage a fixed assets register, post manual journals and set up a full chart of accounts.


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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 charts of accounts, expense claims and more.

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?

We cover a range of advanced accounting topics in this course, including:

  • Chart of accounts

  • Conversion balances

  • Tracking categories

  • Expense claims

  • Products and services

  • Manual journals

  • Fixed assets

By the end of our course you will have an advanced knowledge of Xero, which will give you more control of your accounts.


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So what are you waiting for? Sign up today, advance your career and take your knowledge of Xero to the next level.

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

9 sections • 57 lectures

Course Introduction Preview 01:40

Instructor Introduction Preview 00:48

Reset the Demo Company Preview 00:26

Introduction Preview 00:39

Quick Tour Preview 03:16

Adding General Ledger Accounts Preview 06:15

Importing Charts of Accounts Preview 06:40

Chart of Accounts Quiz

Here are a few questions to test your knowledge on Xero's chart of accounts.

Reset the Demo Company Preview 00:26

Introduction Preview 00:37

Setting the Conversion Date Preview 02:36

Bank Accounts Conversion Balances Preview 03:26

Accounts Receivable Conversion Balance Preview 04:52

Accounts Payable Conversion Balance Preview 01:55

Other Accounts Conversion Balances Preview 04:22

Comparative Balances Preview 04:51

Conversion Balances Quiz

Let's do some questions on conversion balances in Xero.

Reset the Demo Company Preview 00:26

Introduction Preview 00:31

Quick Tour Preview 02:11

Creating, Managing and Using Tracking Categories Preview 03:24

Tracking Categories Quiz

Test your knowledge on tracking categories in Xero.

Reset the Demo Company Preview 00:26

Introduction Preview 00:31

Settings Preview 04:19

Submitting a Claim Preview 04:38

Submitting a Claim on the Mobile App Preview 03:28

Approving and Paying Claims Preview 02:07

Expense Claims Quiz

Let's do a few questions on expense claims.

Reset the Demo Company Preview 00:26

Introduction Preview 01:58

Quick Tour Preview 03:09

Adding Services Preview 02:59

Adding Untracked Products Preview 03:08

Adding Tracked Products Preview 02:59

Importing Products and Services Preview 03:29

Importing Inventory Opening Balances Preview 04:10

Inventory Adjustments Preview 05:15

Products and Services Quiz

Here are some questions on products and services to test your knowledge.

Reset the Demo Company Preview 00:26

Introduction Preview 00:33

Quick Tour Preview 01:26

Posting Journals Preview 08:36

Auto-Reversing Journals Preview 01:46

Repeating Journals Preview 03:35

Importing Journals Preview 04:52

Manual Journals Quiz

Here are a few questions on manual journals in Xero.

Reset the Demo Company Preview 00:26

Introduction Preview 01:36

Settings Preview 05:24

Adding Assets Owned Before Xero Conversion Date Preview 05:47

Running Depreciation Preview 02:45

Adding Assets from Bank Transactions Preview 03:04

Adding Assets from Spend Money Transactions Preview 02:52

Fixed Assets Reports Preview 03:33

Fixed Assets Quiz

Let's do some questions on fixed assets to see what you have learned.