Daily and End of Month Transactions & Credit Management
The Xero Beginners Courses are now available separately or as part of our COMPLETE Package scroll down to learn about the Bookkeeping Academy course prices
The Xero Beginners Certificate Training Course is designed to give you the skills to perform transactions and entries that normally occur daily within a business. Our Xero Beginners Course includes business tasks performed by both a
- Professional services business, and
- a products and services provider such as a plumber, builder, pest control, installer etc.
The skills taught in the Xero Beginner Essentials course will give you the skills to work in the accounts department of a medium sized business performing Accounts Receivable, Accounts Payable and other daily transactions which form part of the job description of someone working in Credit Management. IF you are a small business owner or manage these skills will give you everything you need to know about performing the daily transactions when dealing with your customers and suppliers and enables you to perform your bookkeeping in house and at a low cost.
The topics covered here include time saving features which will make your business appear professional, enable instant payment using Paypal or Credit Cards and save hours or even days in the reconciliation stage so you can reconcile your accounts quickly to generate the important reports you need to see how well you’re performing and also lodge compliance information to your bank or other authorities.
Daily Transactions, Quotes, Invoices, Purchases and Credit Management
Watch the Video (Turn on Sound)
You’ll go through a typical day and cycle in a business, including:
- Purchasing stock items
- Waiting for delivery
- Receiving partial deliveries
- Making part payments
- Exploring payables reporting (A/P)
- Quoting customers
- Converting quotes to orders
- converting quote to invoices
- receiving pre and part payments
- Exploring Receivables reports (A/R)
- Managing inventory
- Inventory reporting
Journals, Transaction Coding, Bank Feeds, Monthly Reconciliation and Reporting
- Enter transactions not entered by staff
- exploring bank feeds
- Journal entries
- editing journal entries
- Working with transactions with different GST, GNR and GST-FREE codes
- Bank Reconciliation
- Looking at monthly reports like P/L, Balance sheet
Real World Xero Case Studies
All Xero Training Courses are based on real world scenarios and in the Xero Beginners Certificate Course one of the results from your purchases and other data entry is to explore what inventory you have on file. The business example we use is a VoIP telephone system installer who purchases and keeps in stock the most common VoIP Handsets, Consoles and Adaptors and sells those to lots of different sized businesses.
We use the information from a VoIP Telephone Systems supplier because our CEO was involved in that business for a short time. It is very similar to a plumbing business, electrical business and most other trades which keep an inventory of regular items that they know they’ll use at most customers and enables you to explore the functionality for your business or a typical client.
Learn more about our Micro Courses and Case Studies
Courses created by experts
Our Xero (& MYOB and QuickBooks Online) Courses are written by experienced bookkeepers who use the software in their daily working life. These case studies are based on individually crafted scenarios where our team contribute to the learning journey so we cover as much of the potential issues that a bookkeeper will face in a given day, week, at end of month etc.
Learn more about Accredited Xero Training Courses
The Xero Beginners Courses comprise 2 of our Xero Accounting Software training courses and you can choose to enrol into these separately via the Online Course Catalogue website from just $99
Xero COMPLETE Beginners to Advanced Training Courses
If you would prefer to receive a massive discount by enrolling into the COMPLETE Xero course package use the enrolment form at this website..
Discounts and Special Offers for Cheap Xero Courses
Pathway to Advanced Certificate in Xero Course
One you have mastered the basic, daily and end of month transactions and journal entries you’ll be able to learn, understand and use the more advanced tools in Xero relating to BAS, GST, Reporting and Payroll and work through thorough more complex business scenarios of a typical entrepreneur who makes a lot of quick decisions based on his gut instincts and you’ll have to make sense of them accounting wise and use the real world data.
If you want to learn the full suite of skills and master Xero for your business bookkeeping, choose the COMPLETE package and save money.