Masterclass in Xero Accounting Software

This 4-part live online masterclass course will surely help you build that confidence to understand and navigate through the system and make it work for you!  Having a mindset of an end-user of any systems crates the difference between the recording of transactions and using transactions as building blocks for meaningful business history log.

Course Description

Online accounting is here to stay! While Robotic Process Automation (RPA) will take over the routine transactions in accounting, the skill sets needed to make any software work for the business is still dependent on the team that runs the system!

This 4-part live online masterclass course will surely help you build that confidence to understand and navigate through the system and make it work for you!  Having a mindset of an end-user of any systems crates the difference between the recording of transactions and using transactions as building blocks for meaningful business history log.

This course will provide the focus on the cloud accounting that is replacing the confined accounting systems in huge servers tucked in an office.  Online accounting provides the business owners and decision makers the access to information anytime, anyway, any gadgets.  Do the approval of purchases, sales quotes and replenishment of expenses in real-time!

Don’t you think you need to upskill your technical knowledge on these matters?

Course Outline / Overview

Part 1. Cloud Accounting Overview 

  • Foundation of accounting systems
  • Comparative features of multiple cloud accounting software
  • Understanding key business information requirements
  • Selecting the best fit
  • Introduction to Xero Accounting Software

Part 2. Introduction to Xero Accounting Software

  • Setting up an account
  • Hands-on trial account for online training
  • Setting up the company profile
  • Setting up the business calendar, users and currencies
  • VAT Setup and reporting
  • Chart of Accounts and account mapping
  • Opening balances setup
  • Sales and Receivable Process
  • Purchase and Payable Process

Part 3. Intermediate Course

  • Use of Trackers and Project
  • Setting up inventory Items and provisions
  • Payroll process
  • Fixed Assets registry
  • Bank accounts – using multiple currencies

Part 4. Advance Course

  • Bank Reconciliation
  • Financial Report generation and customizing reports
  • VAT Reporting and extraction of supports
  • Data extraction and analysis

Learning Outcomes

Technical knowledge in Xero accounting system design and implementation

Textbook and other Supplemental Material

Materials will be provided during the full course.

Teaching & Learning Methodologies

Online webinar, breakout rooms for group activities, Zoom Meeting

Expected Participants

Bookkeepers, Accountants,  CEOs, Founders, Entrepreneurs and anyone who wants to learn about accounting software

Fee Inclusion

Certificates and online materials

No. of sessions

4 sessions of 3 hours per session

Course Type

Executive Program

Attainment

CPD hours credited by PRC

About Instructor

Not Enrolled

Course Includes

  • 4 Lessons
  • 10 Topics
  • Course Certificate

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