From here you will be able to enter payments, receipts and reconcile your bank account; if you have Bank Feeds set up you won’t need to enter payments and receipts.
From this module you will learn how to raise quotes, invoices and credit notes to your customers, import sales invoices from another program as well as send out statements and reminder letters. If you send out the same invoice to your client weekly, monthly, quarterly, half-yearly or yearly will learn how to set up repeating invoices in Xero.
All of these functions can be automated; leaving you to get on with other tasks. You also get a snapshot of which invoices are outstanding.
Very similar to the sales module you will learn how to post supplier invoices and credit notes as well as posting repeating invoices and raising purchase orders. As with the sales module you will also be able to import supplier invoices from other programs.
This function is effectively the equivalent to stock and it enables you to keep track of your stock items; you will learn how to set up new items with costs and quantities. Again, you will also learn how to import stock items from other software programs.
You will be taught how to set up an expense claim for you and your staff and how this will appear on your dashboard within Xero.
Keeping track of all your fixed assets is easy within this function of Xero and you will be shown how to add new assets and set up depreciations. As with previous functions you will also be able to import your fixed assets from other types of software.
Probably the most enjoyable part of your training will be producing meaningful reports; you will learn how to run aged debtors, creditors and all the usual financial reports including Profit & Loss, Balance Sheet and Trial Balance to name a few.
Within this module you will be able to run extensive management reports including VAT returns, abbreviated accounts, reconciliation reports and annual accounts.
In this section of Xero is where you will set up your customers and suppliers.
Under this part of Xero you will be able to enter all of your organisation details including your invoices and payment methods.