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.
Xero Training & Migration
Xero Accounting & Payroll 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.
Xero Accounting 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
Xero Accounting 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.