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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?

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The Career Academy Addons – Course Refresher for $49pa

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

In the United States most colleges have a Career Academy attached to their education services with the goal to provide extra services that help their students.

The Career Academy Addons that are available after completing an Office Admin or Bookkeeping Course with EzyLearn can be viewed here and the most popular option is to extend course access and support.

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One Xero account gives you access to dozens of company files

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Many Xero beginners think that they only have 30 days to use the trial version of Xero but that isn’t actually correct. Xero, just like MYOB Business and QuickBooks online need you to create a “user” account and authenticate yourself using SMS or an authenticator app.

Once you’ve got your user account you are able to access dozens of different “company” files when you need to. This is how bookkeepers manage the company files for dozens of their own clients.

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When is the best time to study? Early mornings or late nights?

circadian rhythm-hypothalamus Master Xero and MYOB using EzyLearn's unique short course modular format

I’ve been getting up at 5.15am for the last 2 years – am I crazy?!

I’ve been getting up early because I work out with some friends and prefer early mornings to late nights. This means that I’m going to bed earlier and not working as much at night.

In the past I preferred to work late into the night and pushed myself to get as much work done as I possibly could. Sometimes this meant working until midnight but I noticed that the quality of the work wasn’t always the best.

The sun rises pretty early and I’d rather work with the natural light of the day than the artificial light of the night. I dug a little deeper into this and discovered that there are studies that explains how we perform at various times of the day and how that is affected by when we get up and go to bed – Circadian Rhythms.

Circadian Rhythms can affect how well you perform when studying too..

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Is Xero Training Free?

Google Search Results for Is Xero training free - Xero Certification is free from Xero directly

Yes, it’s true! You can get Xero Certification for FREE directly from Xero. Xero offer two free Certifications:

  1. Xero Certified Advisor, and
  2. Xero Payroll Certification

We had a course inquiry from someone who had already done this certification and they raved about Xero and what it can do and how it works – BUT THEY HAD NEVER USED XERO!

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FREE Courses for Business Owners/Manager who enrol into MYOB & Xero and Excel Courses

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When you already know some basic office admin skills you can improve your career prospects by upskilling and learning more advanced skills. This is something that YOU have control over and can change. When you choose to learn more about Microsoft Office or Bookkeeping and choose a COMPLETE course package you also get access to the FREE Student Inclusions for Business Owners/Managers.

Business Owners is the term we use for students who are running or managing a business and want to systemise their business as well as become more productive by using more software programs.

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New! Microsoft Forms Course – Pre Launch Discount

Microsoft Forms Training course - Online Form Builder Templates for selling your property in Morisset & Bonnells Bay NSW - EzyLearn Pty Ltd

When I operated training centres in Sydney most of the sales were made by phone. We’d advertise our course in the local paper, highlighting our phone number and encouraging students to call and enrol into a course. It was labour intensive and not that secure when you think that we were taking down students credit card details over the phone.

Then we introduced learning on demand where students could learn any topic they wanted during our opening hours and we introduced our first online form to take enrolments – the results were miraculous. We’ve subsequently made many changes to that form since then.

We didn’t have to be in the office to take enrolments, students could enrol whenever they were ready and we had a central database of all our students and the courses they enrolled into. Best still, this information was all emailed automatically into our Customer Service software system. You can now learn these skills in the Microsoft Forms Course.

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Who really cares?

Who cares if you have an Advanced Certificate in MYOB and Xero - Online Xero & MYOB courses with practical tasks - EzyLearn

Our courses all come with a Certificate upon completion but do you really think employers want to see the certificate? Don’t get me wrong a certificate is evidence that you have completed your studies not evidence that you’re the best person for any job you apply for.

I was speaking with someone recently who asked how our certificate compares to another training companies certificate. Their course was cheaper but our team could not even find detailed information about what was included in their course!

In the end an employer will be making a decision about you as a whole of a lot of little compartments and you’re better off speaking about your confidence using Xero or Excel rather than the certificate you got.

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1$ per month alternative to Xero just for invoices and daily transactions

If you are looking for computerised, online accounting software now is a great time. Just doing a Google search for comparisons between MYOB and Xero will reveal a flurry of ads to capture your attention.

Many micro businesses with one main worker/contractor etc just want to keep track of quotes, invoices, purchases and payments and there are some pretty cheap options available – cue… BillCue.

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Tips for Cash Flow Forecasting using Xero

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We’re approaching the end of the financial year and everyone will be reading and trying to understand their annual financial reports, particularly if they have outstanding Superannuation to pay (and claim) or they need funding.

I’ve written in the past about how to create a cashflow forecast using Xero and Excel and this post is a summary of good practices and recommendations when it comes to cashflow reporting

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Match these Office Admin & Accounts jobs with the courses to help you get them

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Someone made contact with us to find out which data entry and office admin courses they need to do to get a job using MYOB. It’s logical to want to know which courses will give you the skills for specific jobs so we put these guides together.

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Bookkeeping fun? Yeh, nah

failure to lodge penalties how to manage payroll in Excel online training course

I’ve often wondered why EzyLearn has become best know for MYOB & Xero Bookkeeping courses and about the students who need to do a bookkeeping course to find work. It’s not the most exciting of topics really and most students do a MYOB/Xero course because they HAVE TO, not because they want to.

When we we design the outline and case studies for our courses I’ve tried to have some fun with the accounting aspects of a business. I’m not sure about you but the best part of starting a new business is the beginning when everything is new and shiny!

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Micro Courses in Excel, Xero, MYOB from $49, or BUNDLES, COMPLETE Courses and COMBOS

Micro Courses and Stackable Micro Credential by EzyLearn

One of the disciplines I’ve tried to focus on when created online courses in bookkeeping and office admin is to keep the courses short and manageable. When we operated our Sydney training centres we tried to keep class times between 2.5-3 hours because most students can’t concentrate for a whole day.

For the MYOB & Xero Bookkeeping Courses this means that students can enrol into short courses, which are now commonly referred to as Micro Courses that cover very specific skills. We’ve recently changed how we show this information using our Learning Orbs.

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Will AI (Artificial Intelligence) Replace Bookkeeping Jobs?

Gautam Adani impressed by ChatGPT from OpenAI - will AI replace bookkeeping jobs though - EzyLearn Xero training courses feature

Everyone is talking about artificial intelligence since OpenAI introduced their “experimental” ChatGPT service and I can see why!

Gautam Adani is the 3rd wealthiest person in the world (correction! his value has fallen a LOT in the last week since publishing this post) and he has made recent claims about how ground breaking it is. Here are just some ways that Artificial Intelligence will help bookkeepers..

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Deep Dives, Huddles, Sprints & MYOB & Xero Training Course Resources

Project plans and gantt chart templates in Microsoft Excel 2016 training courses online

These are terms that I definitely have not grown up with but they describe what goes on in most modern workplaces, particularly when you are collaborating as part of a team.

These terms are usually associated with projects that are created in an agile development system and at EzyLearn they relate to our regular training course updates and additions as well as our digital marketing campaigns. Here’s some of the modern day terminology and how it relates to our training course development.

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You Don’t Need a Cert IV in Bookkeeping & Accounting to be a Contract Bookkeeper

Christina from Glenmore in Sydney graduated from the Xero Complete Training Course & Certificate and runs several businesses

Starting a bookkeeping business has been a go to option for many mums returning to the workforce, particularly if they did accounting and office administration work before having children.

I’ve been writing about starting a bookkeeping business at this website since we started our bookkeeping blog and as you can see it doesn’t have to cost a lot of money.

Since the GST, however and the creation of the Registered BAS Agent some things have changed.

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