Xero Training & Setup

Xero cloud accounting software is an unrivalled accountancy software. It is ‘cloud’ based which means companies’ accounts are secure in a cloud server on the internet. This book keeping software is ideal for small business accounts. It is really simple to use and has a smart device application.

We provide on-site Xero training and conversion service throughout the UK. Companies located in London, Liverpool, Glasgow and Devon or anywhere in the UK can avail our cloud accounting services. For further queries or for please click on the contact us about training.

Xero Training

Falcon Accounting Ltd provides basic and advanced training for bookkeeping on Xero. We also offer bespoke training sessions on Xero cloud accounting software to suit the needs of the individual or groups.

Basic Training

Xero basic training is to make an individual understand the finances and how to monitor them. We will teach the basics of book-keeping and how to apply that understanding immediately. We will make sure that each individual learn how to get the best out of Xero, the most popular cloud accounting software for small to medium sized businesses.

Course Contents for Basic Xero Training:

Introduction to Xero Accounting Software

How to set up the system

How to create Contacts

Raising sales quote and invoices

Entering purchase invoices and credit notes

Prepare and filling your VAT return

Setting up bank feeds, how to reconcile the bank, bank rules

Manage Accounts payable and receivable

A review of reporting functionality within Xero

Understanding the chart of accounts in Xero

Advanced Training

Learn the advanced functionality of the software, and how to create management reports and tricky parts of Xero. Learn all the advanced bank feeds, standard reporting, working papers and financial controls.

Course Contents for Advanced Xero:

Setting up companies using different VAT schemes

Modifying chart of accounts and tracking

Import Bank statement in qif and csv format

Multicurrency Bank reconciliation

How to delete bank statement

Merging Contacts in Xero

Repeating Invoices and expense claims

Managing debtor (Auto reminder set up)

Supplier payment run in Xero

Conversation balance setup- areas to be aware of

Adding payment gateway in Xero (Paypal, Stripes, Worldpay etc.)

Financial controls- lock dates, audit report, journals

Posting wages and PAYE

Management reports

How to run and review reports

Fixed asset register and depreciation

Accounting for prepayment and accruals

Contra trade debtors and creditors

Intercompany reconciliation

Xero Setup and Conversion

Falcon Accounting Ltd can guide yon setting up Xero account, and also help in converting and moving past data from previous accounting software into Xero. Converting to Xero helps in collaborating with clients and provide a team approach to accounting transactions. It also syncs with hundreds of other business apps that allows us to custom fit to clients’ needs. Not just companies’ chart of accounts and reports, but it also automates most of their business processes regardless of the size or industry.