ACCOUNTING AND BOOKKEEPING WITH XERO ONLINE

COURSE KEY OUTLINES:

• Create and Add charts of accounts
• Create Financial Statements and Organizational Reports
• Manage Customers, Suppliers, and Employees
• Manage Bills and Quick Expenses
• Manage Inventory – Products & Services
• Manage Sales Invoices and Sales Receipts
• Manage Payroll, Lists & Tools
• Add Conversion Balances
• Reconcile transactions with Bank and Credit Card Statements
• Use various functions using Xero accounting software
• Post the wages journal
• Enter the opening Balances
• Post customer invoices to the sales ledger
• Post supplier bills to the purchase ledger
• Add New Customer & Supplier Details
• Enter the supplier cheques and record the customer receipts
• Prepare the VAT return
• Reconcile the bank
• Post-Petty Cash transactions
• Post adjustments to the accounts and produce the month-end report

COURSE REQUIREMENTS/PRE-REQUISITES

• Accounting background – BSS(ECON), BBA/MBA
• Basic knowledge of PCs, MS Windows, internet, and online proficiency
• Basic knowledge of English (reading/writing/speaking)

SOFTWARE TAUGHT

• Xero