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It’s wise to include Sage One in Bookkeeping Academy (pst.. free samples available)

Sage One Accounting Training Course - Compare Xero to Sage or QuickBooks and save money with discount coupon codes

Pardon the pun but it’s true, Sage One training course materials will now be included in the Bookkeeping Academy Training Course Package along with Xero Accounting, MYOB & QuickBooks. 

Many bookkeepers use EzyLearn to keep up to date with the various accounting software programs now available and this latest announcement is for you. Training Course materials and support for Sage One and Reckon One.

See who trusts EzyLearn for accounting and office administration software training!

Continue reading It’s wise to include Sage One in Bookkeeping Academy (pst.. free samples available)

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Accounts Receivable & Payable Courses from $99, 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 from $99, FREE sample

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Website and marketing campaign up and running in one day

With all the right information (content) and systems in place, you can setup a website, optimise it for search engines and create a Google Adwords campaign in one day. Doesn’t that sound nice?

An experienced 123ezy website designer can setup a website for you using the sitebuilder (so you can log in at any time to make changes), create a Google account, create a Google Adwords campaign and get your business online quickly. Your consultant can also code up your 123ezy website with Google Analytics code so that you can measure your statistics from your Google Account interface.

To learn more about what is included in a 123ezy website hosting solution, visit this link: http://www.123ezy.com/website_designer/page_whats_included_whats_included.html

If you’d like to book a consultation remember that it comes with a one month followup on the phone to go through and see how successful the campaign has been. For more information, follow this link: http://www.123ezy.com/website_designer/page_education_consulting.html

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Thriday slyps past Xero directly to NAB Bookkeeper trial

NAB Bookkeeper uses Thriday to Fight Xero for tax obligations and reconciling

The one thing I’ve found fascinating in accounting and bookkeeping is watching technology companies try to win clients. I’m not just talking about the special offers, features and pricing but how they use technology to make bookkeeping seamless – to replace some of the bookkeeping tasks!

The most recent event I’ve witnessed is NAB bookkeeper service that has a six month free trial and is $20 per month thereafter. 

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

When you read the fine print it is revealed that Thriday is the technology behind NAB bookkeeper. After a bit more research I discovered that they want to capture a massive part of the micro and small business market by reducing the business administration tasks.

I’ve written in the past about how NAB use Slyp for for smart repeats and this is another example of a technology investment aimed at helping small business owners replace the cost of accounting software and even having to have a bookkeeper. 

Friday is a service that uses technology to combine data entry from transactions with your actual bank account. One of the biggest challenges for small businesses it’s all the data entry involved to reconcile their accounting software like MYOB and Xero to the actual bank statement.

This represents the majority of bookkeeping jobs and can be learnt in our Beginners Certificate in MYOB and Xero.

We are a long way from the majority of businesses using Thriday, Hnry and services like Slyp but with their laser focus to help to eliminate the data entry and time wasting admin tasks and inaccuracies it is good to be aware of these companies and their technology.

The big question now for companies like Xero is can they continue to increase the monthly cost of their subscriptions when services like NAB bookkeeper a targeting the time costs inaccuracies of doing your bookkeeping. 

Perhaps in the future bookkeepers will have to focus on customer service, sales and more of office administration type tasks as well as simply reviewing the data and financial reports and information that are created automatically by services like NAB Bookkeeper.

Is this how artificial intelligence will replace manual labour by Australian bookkeepers 

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Congratulations! What’s next?

EzyLearn Office Admin Course student testimonials

Is your name on this list?

I want to thank the following students for choosing EzyLearn and graduating from their Office Admin and Bookkeeping short courses.

At this point we don’t speak with some students again because they have the new skills they want and they use them to find work or do better in their jobs. That is a sad part of the training business for me.

Some students take advantage of our Career Academy services and stay around to get exposure to employers and other students.

Continue reading Congratulations! What’s next?
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Who do you trust less? Microsoft, Mailchimp, Google or Apple?

The features that each of these companies provide is invaluable for businesses. We can’t do without most of them in some way and when they started you, like me, probably turned on all the features and opted into their “labs” to test out new features. Then things changed.

These companies are now mature and they command respect as market leaders. Their financials are also very healthy because they’ve managed to monopolise some aspect of their market. These are some of the things that has happened to me over the years, has this happened to you?

Continue reading Who do you trust less? Microsoft, Mailchimp, Google or Apple?
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MYOB is better than Xero Payroll for some things

Aussie Timesheets is a Xero Bookkeeping Connected App - MYOB and Xero Courses Online - enrol now, learn fast - EzyLearn

All the marketing messages I hear is how much better Xero is than MYOB but that isn’t always the case.

MYOB and QuickBooks both had more in-build inventory features than Xero but Xero has always promoted their integrations to fill gaps in their core software. I wrote about this several times:

QuickBooks-MYOB-Xero-Integrations-Training-Course-Certificate-Hubdoc-HubSpot-Planday-Harvest-Deputy-EzyLearn

The Integrations for Xero Courses reveals some of the powerful features that other companies do better than the accounting software companies!

Continue reading MYOB is better than Xero Payroll for some things
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How to earn $50 per hour

Learn bookkeeping with MYOB and Xero courses to earn money as a virtual assistant and remote tutor with EzyLearn

Are you earning $50 per hour at the moment? If you aren’t it can seem almost impossible to believe that you could, particularly when you look at your boss and imagine yourself asking them for a pay rise.

I searched online to see who earns $50 per hour and most of the search results in Seek and Indeed showed up saying you have to be a doctor, pharmacist or HR Manager but bookkeepers earning this much regularly.

Continue reading How to earn $50 per hour
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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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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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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.