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Is Xero Getting TOO Aggressive?

MYOB and Xero training courses. Advanced Certificate in MYOB and Xero

The constant need for some companies to continue to grow revenue or subscriber numbers can make the employees do things too aggressively.

Xero has always done a great marketing job against MYOB because it was easy – all they had to do was have good software that was easier to use and in the cloud – now they’re ALL in the Cloud!

Xero focused on a cloud only model and the integrations between it and other online software programs. This was a marketing strategy that may have stretched the truth a little!

Xero boasted about how good their software is for Real Estate Agents but it was one of their ReLeased integration that users loved.

Why Xero is better than MYOB now?

MYOB’s problem was that is WAS a Windows based software program. This made using the software harder because you had the constraints of running only on a Windows computer and had to upgrade that software regularly. It also caused issues with their Mac version and they ended up having to discontinue that software and push their Mac users straight to their Cloud version, MYOB Essentials.

Continue reading Is Xero Getting TOO Aggressive?
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Business Office Administration Training to find Remote Work

Selling Academy Sales Training Courses logo

I recently wrote about the Internship opportunities for selected business and office administration training courses – this work can all be done online, remotely working from home.

One of the best things about running an online training business is that we can deliver our courses to the thousands of students who live in remote parts of New South Wales, Victoria and Queensland and the rest of Australia!

Read on to discover how you can up-skill and learn how to become a remote working virtual assistant performing business and office administration work from your own home

Continue reading Business Office Administration Training to find Remote Work
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Aldi specials all the way down to the toilet

Aldi Toilet Fixed Price Installation - Office Admin and Business Administration Courses - Xero & MYOB training web

One success story worth watching in Australian grocery retailing is Aldi. With their special buys, weekly catalogue and well known overseas brands (that no one knows here) they have an unbelievable advantage in price and differentiation.

One thing they did that really stood out to me a couple years ago was their $299 toilet offer, including installation. Who else includes installation as part of the sale of something that NEEDS installation!

Marketing-Academy-Joint-Venture-Training-Course-Creating-the-Perfect-Offer-Magazine-Advertisement-1-Aldi-Toilet-Suite-Installation-Package-small

Harvey Norman do and both operate a certain way to do it.

The tricky parts of this marketing strategy are:

  • Installation quality can vary from site to site
  • Installation issues can vary massively depending on how old the home is
  • Co-ordinating plumbers in every suburb is a huge job
  • Managing the ordering of trades for new purchases is a customer service hot spot

Aldi nailed it all and provided a good quality product and service. How do I know? I tried it out!

Business Course – How to create a Perfect Joint Venture

QuickBooks Online Training Courses - Acquired CreditKarma to help clients check on credit scores and get loans

Learn how they created a Joint Venture that enabled them to sell a product that is normally delivered and installed by a trades person.

Not only did they sell a good quality product at a good price but they also helped their Joint Venture partner earn some money too.

One of the biggest risks that trades people have is credit risk, particularly the credit risk of supplying a product AND a service and copping the risk on both items.

The Xero Beginners Course includes training on Credit Risk to help reduce it.

Harvey Norman and Aldi use “perfect scenario installations” to sell their products. Very few installations are perfect so most people will need extra services and that is how both parties benefit from the Joint Venture.

Digital Marketing, Customer Service and Sales Training

Creating the perfect marketing offer is a strategy to increase sales but the follow through and communications from your team is what makes it successful.

Selling Academy Sales Training Courses logo

The Targeted Ads, Customer Service and Training course gives you the knowledge and tools to create marketing strategies that provide results that you can measure.

It is built for micro businesses who sell products and services and one of the case studies is someone starting a bookkeeping business.

See the Special Offers, Customers and Sales Training Course

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Extra Training with Business Administration Courses

Online Office Administration and Business Administration COMPLETE Training Course Package Logo

I went into great details 2 years ago about the differences between Office Administration and Business Administration, including how much you can expect to earn.

To cater for students who want to find business administration jobs we created the Online Business Admin Course Combination, which includes

  • Data Entry and Microsoft Office Courses,
  • Daily Transaction bookkeeping using Xero and MYOB Courses, and
  • Courses in Payroll Administration using Xero and MYOB.

The Online Business Admin Course is well priced and includes most of the skills you need to perform the work but you also get access to the FREE Student Inclusions shown here.

Office Administration and Business Administration Complete Training Courses Combined

If you have decided to go all the way with your office and business administration skills and/or want an ongoing resource for your work or business I present to you the Office + Business Administration Certificate Course.

This includes all skill levels from beginners to advanced skills in the leading bookkeeping software programs and Microsoft Office – including the Microsoft Forms bonus course.

Enrol into and complete this course and if you join the Bookkeeping Academy we’ll take you on as an intern!

We’ll create an online profile for you to help you get discovered online and pass on leads for bookkeeping work or tutoring clients.

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How will Xero and MYOB Training get me a job?

Re-leased-property management software integration image at Xero partner integration website - smart digital marketing

The most challenging question we receive when students need to upskill in how to use Xero and MYOB relates to getting work. The question of how our online bookkeeping courses will help students find work can be answered in different ways but the only real answer is that it will give you knowledge and practical skills using Xero and MYOB to do bookkeeping work and this increases your confidence.

Some students ask us if there is a guaranteed job after completing our bookkeeping courses and I am still surprised when I hear that question.

Bookkeeping Interns

The closest thing a bookkeeping course graduate will get after completing any course is an internship with an accounting or bookkeeping business. Some training companies that I have seen offer internships but the bookkeeping courses cost close to $10,000 – in other words you are paying for the ability to work for free for an accounting company.

What a Xero and MYOB course offers you is leverage. The ability to pay a small amount of money to get an advantage that can result in you earning much more money.

When you complete a Xero and MYOB Course combination with EzyLearn you get discounted membership to the Bookkeeping Academy where we create a digital profile to help you get discovered online by potential employers.

Leverage is how people make money in real estate.

What is Leverage?

In property investment leverage is the ability to borrow a large sum of money to buy an asset that you don’t have enough money to buy by yourself. The cost of borrowing that money is the interest that is charged every week or month and this is called the holding cost.

The main benefit of having debt when buying an investment property is that the debt stays constant even if the value of your property increases.

Here’s a scenario:

  1. You use your own savings of $100,000 to buy a property worth $1M
  2. You borrow the difference which is $900,000
  3. Your equity in this transaction is 10% and you are borrowing 90% of the value of that asset
  4. In 5 years that property is worth $1.5M
  5. During those 5 years you have been paying the interest to hold onto the asset
  6. If you have been paying interest only then your debt is still $900,000
  7. You now have $600,000 equity in that property
  8. Your equity in that property is now 60% as a percentage
  9. If you sold that property for $1.5M you have turned $100,000 into $600,000

What I haven’t factored into this scenario is all the other costs associated with property investment, including:

  1. You need a good job or 2 incomes to get the loan in the first place
  2. Income rates can increase and property prices can go down
  3. Rental income from the property usually helps pay the mortgage
  4. There are transaction costs like stamp duty,
  5. You’ll need to pay council rates and utilities costs
  6. You will need to pay agent fees if you use a real estate agent to sell the property
  7. You’ll need to pay capital gains tax on the profit from your sale

If you’ve followed this blog or completed one of our Xero and MYOB courses you would have come across some case studies around property investment. There are more articles and training content coming that relates to property investment so make sure you subscribe.

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Do I need to be a bookkeeper or have accounting experience to learn Xero and MYOB?

ezylearn-bookkeeping-basics-training-course-workbook-logo

We receive a lot of inquiries from students who are interested in changing careers to do accounting work or become a bookkeeper and you DO need to know about bookkeeping to do this work.

That is why we include basic bookkeeping training in our Xero and MYOB Complete training courses. The Basic Bookkeeping Training Manual is available to all EzyLearn bookkeeping course students.

ezylearn-bookkeeping-basics-training-course-workbook-logo

This training manual goes through and explains common transaction types that relate to:

  • Assets,
  • Liabilities,
  • Income, and
  • Expenses

You don’t need bookkeeping knowledge to do an EzyLearn Xero or MYOB Course

Apart from the bonus Basic Bookkeeping training manual the reason you don’t need to have prior bookkeeping knowledge is because we lead you through all the transactions in a logical, well explained course.

Jerry profile startup course and social media marketing for small business entrepreneur

We’ll show you step-by-step how to perform the bookkeeping transaction you’ll enter when you work for an employer.

One of the hardest things about creating an accounting course is designing the flow of transactions for students to enter to ensure that they receive comprehensive knowledge. We’ve been refining our office admin and bookkeeping courses for over 25 years using case studies of different business types and with the help of our humorous business owner, Jerry Lame.

Watch some video testimonials from EzyLearn students to see how easy it is to learn Xero and MYOB.

Learning bookkeeping can be fun and we try to combine serious knowledge with humorous and REAL case studies of what really goes on in many businesses.

Bookkeeping Academy MYOB & Xero Courses

MYOB and Xero are completely different software programs and MYOB has several versions! For the most comprehensive bookkeeping training we offer these courses in a combination package and at a discounted price.

Bookkeeping Academy courses also include an online listing to help you get discovered by local businesses and employers.

See the MYOB & Xero Bookkeeping Course Combinations

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Is it hard to learn Xero & MYOB?

If you are looking for and applying for junior bookkeeping jobs you can learn how to use Xero and MYOB in just a few hours with a short Bookkeeping course. Learning how to use Xero and MYOB is not hard when you work through a well designed, step-by-step series of exercises where you do the bookkeeping work.

We have lots of students who come from other industries and are attracted to bookkeeping work because it can fit into their daily routine (if they have children) and because it can be performed remotely from home.

The Certificate in Xero Course for Daily Transactions teaches you how to perform these tasks, which include

  • creating invoices
  • receiving payments
  • creating purchase orders
  • paying invoices
  • tracking incomes and expenses
  • entering expenses and managing receipts
  • accounts receivable
  • accounts payable
  • profit and loss reports,
  • balance sheet reports

What makes it ezy, not hard to learn Xero and MYOB

Learning how to use accounting software like Xero and MYOB is easiest when you go through practical training exercises using bookkeeping tasks that are performed doing bookkeeping work.

EzyLearn Online Course Case Studies real world scenarios examples for Xero, MYOB, Excel, Digital Marketing Courses

This is a far better way to learn than just trying to copy what you see in a video tutorial.

When you watch an instructor tutorial that shows you how to perform a bookkeeping task and then have to enter the data for a months worth of transactions you get the theory and the practical experience.

Xero and MYOB Micro Courses help you learn bookkeeping in small and easy to manage courses which you can complete within 3 hours.

MYOB and Xero Training for Setup, Daily Transactions and End of Month

Learn how to use Xero in as little as 3 hours. Here are some short courses in Xero and what you can expect to learn.

Bookkeeping data entry work forms the biggest number of jobs available for bookkeeping work. These jobs involve a lot of data entry to get the numbers into the software from every aspect of the business.

If all the data is entered correctly then the end of month bank reconciliation is quick and easy.

Discount Coupon Code for MYOB and Xero Courses

If you want to enrol now then make sure you check out our current promotion and use that discount coupon code to get a cheaper price for your MYOB and Xero course.

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PRE COVID Bookkeeping Course Prices

Businesspeople discussing business on virtual staff meeting during pandemic

Do you remember what happened during the Covid 19 pandemic? Apart from the sick people, vaccine mandate and isolation the biggest difference has been the cost of it all and it seems like we are STILL paying for it!

Real estate prices are up a ridiculous amount as well as the cost of almost everything: Petrol, food, rent and Interest rates – all up. If you have a mortgage you will know exactly what I’m talking about.

Some people think that it is the result of the cost of all that spending by our governments but I don’t want to get political!

I’m writing to let you know of our current promotion for most COMPLETE course packages – Pre Covid pricing. Check out the offers and enrol now and learn at your own pace.

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What is the best way to learn Xero (and MYOB)?

MYOB and Xero Courses online for self-study are detailed and practical

There are several ways to learn Xero, including

Some people might find it easier to learn the software through video tutorials, and replicating what they see on the tutorial using the software. This is a good way for experienced bookkeepers to up skill quickly on a feature that they haven’t used before. It is also a good way for beginners to lose their fear of accounting software.

Watching videos and replicating what you see is very easy to do but once you get past the 4-5th video you realise it’s not the same as performing bookkeeping tasks in an office.

Others might prefer to work through a printed manual with step by step instructions and sample data.

Combining instructor video tutorials, self-study, workbooks and case studies is best

EzyLearn Premium Xero & MYOB courses combine video tutorials which compliment and explain the tasks in the step-by-step training workbooks.

At the end of each subject an online assessment test insures you remember the important parts of each skill level. Each different Xero and MYOB course covers a very specific skill level which is aligned with the job requirements for accounting and bookkeeping jobs.

You can experiment with different methods and start with just video tutorials to see what works best for you. In my experience the MAJOR reasons that people choose video tutorials over practical exercises with case studies is

  • the higher cost, and
  • time and effort required

MYOB & Xero Training Course Contents

When you enrol into a Complete training course with EzyLearn you get the Beginners to Advanced skills and everything in between. Learn more about how much MYOB and Xero Courses cost.

See what is included in these courses:

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How much does a Xero Course Cost?

The most popular Xero Course is Xero Complete and that costs $395 and includes the Beginners Certificate in Xero AND the Advanced Certificate in Xero. You can see everything that is included in the Xero Complete Training Course here.

The Beginners Certificate in Xero includes

  • setup and configuration,
  • daily transactions and credit management, and
  • end of month bank reconciliation course.

Each of these Xero courses is called a Micro Course and you can enrol into the Beginners Certificate in Xero BUNDLE or each of the Xero Beginners Micro Courses here.

The Advanced Certificate in Xero Course includes

  • GST, BAS and Reporting,
  • Payroll Administration,
  • Cashflow & Forecasting and
  • Xero Projects.

Again, each of these Advanced Certificate Xero Micro courses are available separately or as part of the Advanced Certificate Course BUNDLE.

We created these module Xero courses so that students can

  • enrol into just the bookkeeping skills they need to learn,
  • BAS Agents and Accountants can enrol into individual micro courses to earn their CPD points, and
  • to help make the courses affordable for students on a tight budget and enrol into one micro course at a time

Learn more about how we structure our Courses.

MYOB and Xero Courses

The same setup applies to our MYOB Accountright AND MYOB Essentials courses. You also have the option to enrol into a MYOB & Xero Training Course COMBINATION which includes the COMPLETE versions of these courses at our Bookkeeping Academy.

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Are you saying the wrong things?

Bella speaking about the Career Academy Course Refresher access for Xero Bookkeeping Course students - EzyLearn

Sales is an interesting thing. It involves skills which don’t seem to be well defined enough to create a qualification for – You don’t see a Diploma in Sales or a Cert IV in Sales do you?

Sales is also a topic that scares some people who feel it invovles pushing things upon people who don’t want them but that is not the case.

The most important step in the sales process is called Qualifying and it helps a sales person understand if the person they are talking to really needs what they have available for sale.

Continue reading Are you saying the wrong things?
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Discount Coupon Code

It’s summer time and we’re on holidays but possibly like you we are open and working through the Christmas and festive season, except for public holidays.

EzyLearn Discount Voucher Coupons online training for Office, Excel, Xero, MYOB, Marketing courses 2

If you decide to use this quiet time to study good on you! As a reward please us this discount coupon code to get 25% OFF any “Bookkeeping Short Course“.

Discount Coupon Code: SUM24

Courses to choose from: https://bookkeepercourse.com.au/product-category/short-courses/

This discount is available for each Bookkeeping short course you enrol into. Just click Add to Cart, then apply the coupon code at the Basket or Checkout page.

Text us if you need help: SMS support number: 0488883655

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Are you talking to the right people?

Online sales training courses for bookkeepers, business owners and customer service

I’ve always been fascinated at the difference between sales people and accounts people. I consider myself a sales person first because I love meeting people and finding out what they need, then helping to find them a solution.

Although it just seems like sales people are just talking it is important to be aware of what you say and why and one of the most important tasks for a sales person is to quickly identify if someone is an ideal client.

If you can’t help someone or a new lead is not ideal it is best to spend less time talking to that person as possible without being rude or impolite, OR change your ad because it might be reaching the wrong people!

Continue reading Are you talking to the right people?
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Imagine having to re-enter 5 months of MYOB or Xero bookkeeping data!

Authenticate your Xero software using Google Authenticator - online Xero courses

I spent the most part of a day securing some online services recently and it frustrated the #$%@*! out of me. That time could have been spent on something much more productive for a client or the business but it helped me realise something important.

We all need to protect what we have as well as go forth and try to create more.

Continue reading Imagine having to re-enter 5 months of MYOB or Xero bookkeeping data!
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Xero share price slump but reporting focus shift to new “Rule of 40” metric

Online Xero Training Course - Rule of 40 financial cashflow reporting standard for Xero

I have to admit that I do like reading Xero’s annual reports. They are just like their software, graphical and full of simple graphs and images.

Their share price took a hit recently even though their revenue and subscriptions grew and it’s because they recorded a larger loss than they have in the past. When you read through the report though you realise that they are using a new metric to measure their success.

Could be this be a way of reporting on the profitability of your own business or where you work?

Continue reading Xero share price slump but reporting focus shift to new “Rule of 40” metric
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How do you make learning bookkeeping fun? With Jerry Lame!

Learning anything new is a challenge and students approach it in different ways. Some of the things you learn in bookkeeping are very dry and it might be like that in the workplace too! I always find it better to try and have some fun when you’re learning something new and I’ve created a bunch of characters to help in the process.

As a course creator we have flexibility over the topics we cover and I like to use real life experiences that I have gone through myself or learnt about from work colleagues and friends. Here are some examples..

Continue reading How do you make learning bookkeeping fun? With Jerry Lame!