Xero Accounting and Bookkeeping Certification

Course details

Xero Payroll Certification  Course In Islamabad (Rawalpindi)

Institute of Professional and Technical Studies (IPATS)

COURSE DETAILS


Basic Training
Xero basic training is to make an individual understand the finances and how to monitor them. We will teach the basics of book-keeping and how to apply that understanding immediately. We will make sure that each individual learn how to get the best out of Xero, the most popular cloud accounting software for small to medium sized businesses.
Course Contents for Basic Xero Training:
Introduction to Xero Accounting Software
How to set up the system
How to create Contacts
Raising sales quote and invoices
Entering purchase invoices and credit notes
Prepare and filling your VAT return
Setting up bank feeds, how to reconcile the bank, bank rules
Manage Accounts payable and receivable
A review of reporting functionality within Xero
Understanding the chart of accounts in Xero
Advanced Training
Learn the advanced functionality of the software, and how to create management reports and tricky parts of Xero. Learn all the advanced bank feeds, standard reporting, working papers and financial controls.
Course Contents for Advanced Xero:
Setting up companies using different VAT schemes
Modifying chart of accounts and tracking
Import Bank statement in qif and csv format
Multicurrency Bank reconciliation
How to delete bank statement
Merging Contacts in Xero
Repeating Invoices and expense claims
Managing debtor (Auto reminder set up)
Supplier payment run in Xero
Conversation balance setup- areas to be aware of
Adding payment gateway in Xero (Paypal, Stripes, Worldpay etc.)
Financial controls- lock dates, audit report, journals
Posting wages and PAYE
Management reports
How to run and review reports
Fixed asset register and depreciation
Accounting for prepayment and accruals
Contra trade debtors and creditors
Intercompany reconciliation

Learning objectives

In this Certification, you'll learn about:
Xero HQ
Setting up
Contacts
Fixed Assets
Inventory
Projects
Banking
Quotes & Invoices
Purchase Orders & Bills
Expenses
Advanced Tools
Reporting


How To Set Up Xero
How to Set Up Organization and Financial Settings in Xero
How to Customize Invoices, Quotes, Purchase Orders, and Receipts in Xero
How to Set Up Multi Currency in Xero
How to Set Up Sales Tax Rates in Xero
How to Set Up a Chart of Accounts in Xero
How to Import a Chart of Accounts into Xero
How to Set up Products and Services in Xero
How to Import Products and Services in Xero
How to Set Up Customers in Xero
How to Set Up Suppliers in Xero
How to Import Customers and Suppliers in Xero
How to Import Customer Invoices
How to Import Supplier Bills in Xero
How to Set Up Account Balances When Converting from Another Program
How to Invite Multiple Users to Xero
Managing Banking and Business Credit Card Transactions in Xero
How to Set Up Bank Feeds in Xero
How to Reconcile Downloaded Bank & Credit Card Transactions
How to Manually Enter Bank & Credit Card Transactions in Xero
Managing Sales and Income in Xero
How to Create an Online Sales Quote, Bid or Estimate in Xero
How to Invoice a Customer in Xero
How to Create a Credit Note in Xero
How to Receive Customer Payments in Xero
How to Create an Accounts Receivable Aging Report in Xero
Managing Bills & Expenses in Xero
How to Create and Manage Expense Claims in Xero
How to Create a Bill in Xero
How to Mark Bills as Paid in Xero
How to Pay Bills with a Check in Xero
How to Create an Accounts Payable Aging Report in Xero
Managing Online Payments in Xero
How to Accept Online Payments from Customers in Xero
How to Reconcile Online Payments & Fees Received from a Credit Card Processor
Reporting in Xero
How to Create an Income Statement in Xero
How to Create a Balance Sheet Report in Xero
How to Create a Cash Flow Statement in Xero

​​​​​​​Xero Payroll Certification  Course In Islamabad (Rawalpindi)

Institute of Professional and Technical Studies (IPATS) Updated on 27 May, 2019