Bank Reconciliation Archives - Page 2 of 3

Posted on May 4, 2022May 13, 2022 by Xero Training

Why is Xero Saying Your PayPal Bank Connection Needs Updating?

If you’ve connected PayPal with Xero, and have been using it for quite a while, it might come as a bit of a surprise when you get an email from Xero telling you that your existing PayPal direct bank connection will no longer be supported and will stop importing transactions into Xero.

Why is Xero emailing you this? Especially considering there’s a timeframe in which you need to switch to the new PayPal bank connection, you’re probably eager to figure out what it all means.

Don’t stress, here’s what you need to know.

Posted on April 13, 2022April 13, 2022 by Xero Training

Xero Asks Nicely for Feedback using NPS, But EzyLearn Interviewed Xero Course Students via Zoom

If you’re looking into a business, maybe you’re thinking of buying a product from them, subscribing to a service, or even just doing a bit of research, one of the places you’ll want to go is the ratings and reviews page.

I’ve written before about how reviews and testimonials are more valuable than number ratings when it comes to revealing important things about a business but for medium and larger companies, who aren’t able to have a personal relationship with their customers, they have to rely on these ratings. They’re also used an opportunity to measure what matters to their clients.

One of the ways they do this is through Net Promoter Scores (NPS), and you’ve probably contributed to one even if you don’t know it!

Posted on March 7, 2022March 7, 2022 by Xero Training

Pandemic Digitalised Small Businesses more than NBN, Xero Report Reveals Numbers?

The pandemic has seen huge changes to the way businesses run, with Zoom meetings and remote working becoming the new normal and working parents are loving it (if they have the space for it).

The common factor here, of course, is the move to digital solutions for businesses. Whilst ICT expenditure has always formed part of a business’ expenses, the pandemic has contributed to an increase in this area of spending.

Businesses are becoming increasingly digital, and it’s actually improving their performance. One of the areas I’ve noticed is the use of website chat has increased and customer service work can be performed by anyone running a micro business from their own home.

Posted on September 24, 2021September 24, 2021 by Steve Slisar

This is Why Businesses Love Cloud Accounting and not MYOB AccountRight so much

Network setup for multiple users on your network using MYOB AccountRight Multi-user - MasterClass in MYOB AccountRightand MYOB Essentials - EzyLearn

If you have worked in an office you know how frustrating IT issues are. If you are now working from home you know how frustrating IT support issues are. If you have ever experienced an IT support issue installing software (like MYOB AccountRight) you know how frustrating IT issues are.

We stumbled upon the technical support help page for MYOB AccountRight and all remembered why we LOVE online accounting programs like Xero, QuickBooks Online and MYOB Essentials!

Attn: We’ve just BUNDLED all the MYOB AccountRight BEGINNERS Certificate Courses together for those students looking for junior accounts and general office support and admin jobs.

Posted on September 15, 2021September 21, 2021 by Steve Slisar

NEW: MYOB In Tray and Receipt Capture training course materials for MYOB Essentials

Learn how to upload tax invoices and receipts to MYOB Essentials using MYOB Intray and Capture App - EzyLearn Online Training Courses

Receipt scanning and capture is now a normal feature in MYOB Essentials. MYOB have chosen to add this feature as part of the core software rather than Xero’s approach since buying Hubdoc.

I announced in July 2021 that we were creating training materials for MYOB In Tray and Capture and If you are a current MYOB Essentials course student or Bookkeeping Academy member these training course resources are now available to you for free.

You can find them in the MYOB Essentials Bank Reconciliation Training Course.

Posted on August 20, 2021August 20, 2021 by Steve Slisar — 2 Comments

NAB Slyps past Xero Hubdoc to integrate Smart Receipts for Merchants and Customers

NAB, CBA, ANZ and WBC Slyp under Xero to provide smart receipts before Hubdoc gets them - Learn MYOB, Xero, QuickBooks to find accounts jobs - EzyLearn

One of the most publicised recent acquisitions for Xero was Canadian Receipt Capture, Scan and Coding software HubDoc. Rather than send a “bank-like” email informing users that the monthly fee to use Xero was increasing, Xero “sold” the value of the pesky increase of $2 as a saving of $27.50 because they included the Receipt Capture features in the software! That’s smart marketing.

In the meantime, MYOB forged an alliance with Bunnings as every large fintech, accounting and banking organisation tries to get into the Smart Receipt marketing at the source. Here are some of the things that have happened.

Posted on August 4, 2021August 4, 2021 by Steve Slisar

Xero Status: “Can’t log in to Xero” Caused Global Problems

Issues with Xero login prevents UK users from sending invoice and bookkeepers from working - Online Xero Training Courses EzyLearn Bookkeeping Academy

We’re so used to everything online being available all the time that we don’t think about the risks associated with a website being down. Xero experienced a MASSIVE issue relating to the ability for their users to login and use the software on the 27th July 2021. This meant that

Invoices couldn’t be created
Pay runs couldn’t be made
Accounts Receivable staff couldn’t see if customers had paid
Accounting staff couldn’t use Xero for their work

We all take for granted the benefits of having multiple staff logging in at the same time from different locations as well as automatic backups of our information, but this issue lasted from 8:25AM until 7:04PM – that’s 12 hours!

Xero is transparent about any issues and fixes about their software so you can see exactly what happened that day.

Posted on July 26, 2021July 26, 2021 by Steve Slisar — 1 Comment

MYOB In tray for Receipt Scanning, Capture and Storage

MYOB is starting to get their act together providing much desired features in their accounting software.

I’ve written about some of the major receipt scanning programs like Dext/Receipt Bank and Auto Entry in the past and happy to say that we have some new MYOB training course resources in development for our MYOB bank reconciliation Training courses.

Posted on May 11, 2021September 21, 2021 by Steve Slisar

Xero Learn. Xero software offered for $6 per month. Why are businesses paying $60+ NEW: RESUME REVIEW SERVICE

It’s interesting and exciting that Xero now offer their Xero Learn service to training course publishers like EzyLearn for $6 per month. This ongoing access to Xero Accounting software seemed exciting at first but then I realised that it’s just accounting software! AND it’s just for training! AND 30 days is MORE than enough per case study!

Most students don’t want to access Xero accounting software forever. Even business owners don’t really want to pay an ongoing fee for their accounting software – they want something else..

Posted on March 12, 2021March 12, 2021 by Steve Slisar — 1 Comment

Xero will win the struggle against QuickBooks. Here’s how.

Hubdoc from Xero for receipt scanning and data extraction for receipts and expenses via email - online Xero Training Courses

Both Intuit (QuickBooks Online) and Xero Accounting had a price increase in the last year but the way they went about announcing it was completely different.

When you study the emails you’ll see why good marketing can make a massive difference in the success of your business! QuickBooks email included..

Continue reading Xero will win the struggle against QuickBooks. Here’s how.

Posted on August 4, 2020September 21, 2021 by Steve Slisar — 1 Comment

APOLOGIES to students on behalf of MYOB Essentials Accounting Software. Attn: MASSIVE update coming for MYOB Essentials Course Materials

MYOB-Essentials-Training-Course-case-study-big upgrade from MYOB to complete with Xero Accounting Online

Creating training materials for cloud-based accounting software is a continuous process of improvement. In fact it is much like the process that the software goes through in their Continuous Innovation & Continuous Delivery process.

Two of Australia’s newest billionaires Mike Cannon-Brookes and Scott Farquhar have become wealthy because they created software that enables companies like MYOB manage a team of developers, designers and analysts in the pursuit of continuously adding enhancements, updating the software, fixing bugs and providing support for their MYOB Tax software via their company Atlassian, but I digress.

The reason for this post is because of obscure behaviour by MYOB regarding their essentials software and a recent upgrade they performed on the MYOB Essentials software.

Posted on June 25, 2020June 25, 2020 by Steve Slisar

Discount Coupon Code: Bookkeeping Academy – MYOB & Xero & QuickBooks & Reckon

Xero Course, MYOB Course, QuicBooks Course - COMPLETE Suite Training & Support - Bookkeeping Academy

End of financial year 2020, Covid19 still wreaking havoc around the world, shopping centre and even main street strip shops closed! This is the weirdest time of our lives for sure. We’ve also noticed a big increase in the number of students enrolling on the $20 per week payment plans for courses.

This announcement is for those in the bookkeeping industry who’ve trusted us for the last 2 decades (and a bit) to provide great quality pre-accredited bookkeeping courses in MYOB, Xero, QuickBooks and Microsoft Office.

Posted on May 25, 2020May 25, 2020 by Steve Slisar

Xero & QuickBooks Slug it out on Receipt Scanning Features

Xero Accounting Pricing Comparison shows extra for Projects and Expenses - Online Training Courses & Advanced Xero Certificate

I find it interesting to see the messages coming from both these companies. They seem to arrive at similar times and it shows that they are very closely watching each others digital marketing messages and fighting for your attention by revealing what they are doing for you, their clients.

This week Xero sent a message about cashflow forecasting and QuickBooks sent a message about their receipt scanning and data capture but which one is more important right now? I’ve attached the email message sent from each company for you to compare.

Continue reading Xero & QuickBooks Slug it out on Receipt Scanning Features

Posted on May 19, 2020May 20, 2020 by Steve Slisar

Learning Xero Will Help You Run An Online Business

Intuit QuickBooks Online mobile application superior to Xero Accounting smartphone app - online training courses EzyLearn

Let’s face it, when you can manage your finances from anywhere, using your phone to scan receipts and Xero Accounting to code them and store them in the cloud one of the hardest parts of managing a business is taken care of.

We’ve all been able to call, text and email from our mobile phones and use online marketing tools like Google Ads and Facebook for social media so when you finally get your back office tasks migrated to the cloud it’s easy right? Well, that’s what the marketing hype says anyway, but things aren’t that rosy really, are they? Continue reading Learning Xero Will Help You Run An Online Business

Posted on March 17, 2020April 1, 2020 by Steve Slisar

ALERT: Reckon One Training Course PRE-Launch SPECIAL

Reckon One cheap accounting software for tradies and small business - STP Payroll training courses - EzyLearn

It was in 2018 that I last wrote about Reckon One and how some of their software was far superior to Xero according to the ACCC. With competing priorities and updating our MYOB, Xero and QuickBooks course materials being our first priority Sage One and Reckon One Daily Transactions training course for tradies is now almost complete.

Reckon works with AutoEntry for receipt capture and their accounting software is also STP Payroll compliant so it’s a perfect low-cost accounting program for micro and small businesses like tradies but they’re missing one important feature..

Continue reading ALERT: Reckon One Training Course PRE-Launch SPECIAL

Posted on March 10, 2020March 22, 2021 by Steve Slisar

ALERT: QuickBooks Online Training Courses Updated

Updates & new online training course content for QuickBooks Online vs Xero training - EzyLeran

Xero, QuickBooks and MYOB are updating their software with new features every month! That’s what you get with cloud-based software that is continuously updated and improved.

We’ve recently updated our Xero Accounting software courses and have just published an updated to our QuickBooks Online Daily Transactions & End of Month training Courses. Continue reading ALERT: QuickBooks Online Training Courses Updated

Category: Bank Reconciliation