Category: Beginners Certificate Xero Courses

Beginner Xero Courses for most bookkeeping jobs

Data entry in most offices includes entering transactions for

  • invoicing and customer payments (Accounts Receivable), and
  • purchases and expense payments (Accounts Payable).

See Xero Course for Daily Transactions

Credit management is about making sure you get paid quickly while also managing when your expenses are paid. Credit Management Course is included in selected Bundles.

Learn about the Credit Management Course

At the end of the month these transactions are reconciled so your Xero software and bank account are the same.

See Beginners Xero Course for Bank Reconciliation and Coding for End of Month

See Beginners Certificate BUNDLE Xero Course (includes all Beginners Courses)

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Xero Boast Top Innovator in “AFR BOSS Most Innovative list”, Just Behind Telstra!

Xero wrote about their AI achievements using machine learning to predict the name and account code for your transactions when performing a bank reconciliation. Bank feeds have been a constant and regular theme in Xero’s marketing and this reinforces how they are using technology to reduce the time it takes to reconcile.

It makes sense that a bank like NAB or CBA buys MYOB because if you could automatically make sure that your finances in your MYOB or Xero software reflected exactly what your bank statements say you’d eliminate half the work that junior bookkeepers do.

Continue reading Xero Boast Top Innovator in “AFR BOSS Most Innovative list”, Just Behind Telstra!
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Bills to Pay, Past or Future, Xero or CBA

Xero-Analytics-Plus-is-a-paid-subscription-for-Short-Term-Cashflow-Projection-Online-Bookkeeping-Training-Courses-Certification-in-Xero

I was reading about some of the accounting features that Xero are building on in their software while also testing out Commonwealth Banks “Upcoming bills and payments”. What really struck me is how quickly the major banks are updating their software and systems to help small business owners manage their cashflow better.

When you use the Commbank App to access your account you can quickly setup the Upcoming bills and payments because the banks software sees that you have recurring payments that seem to happen every month, quarter, year etc. The great thing about this is that it helps you understand your liabilities in the short term and you don’t need to pay anything extra to have it or use it.

Xero on the other hand are constantly finding ways to increase their revenue and new features is naturally one BIG way they can do that. But it’s not all bad, of course.

Continue reading Bills to Pay, Past or Future, Xero or CBA
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Accounts Receivable & Payable Courses, FREE sample

women shaking hands during business payment arrangement

Are you chasing money? If so, you’ll probably know the hard way that credit management is about chasing money owed TO a business (Accounts Receivable) and managing the money owed BY a business (Accounts Payable).

Credit can be a very scary thing when money and cashflow is tight! Machines and software are replacing humans for many data entry type tasks, but nowadays this is also the case for chasing money owed (Accounts Receivable).

Continue reading Accounts Receivable & Payable Courses, FREE sample