Transcript

Learning outcomes

• Explain cloud computing, the benefits of using Xero, and how to set up multi-factor authentication for your Xero account.
• Identify what the system requirements are to use Xero.
• Describe the steps for creating new customers and suppliers in Xero, how to import and export contacts as well as how to merge contacts and create contact groups.
• Explain the purpose of Smart Lists and how to use them to run searches.
• Explain the process for archiving a contact, and restoring an archived or merged contact.
• Explain the different invoice types available in Xero and describe each of their definitions and also explain the invoice details can be customised.
• Explain how to create invoices, repeating invoices and invoices for groups, and explain what invoice details can be customised.
• Explain how to customise templates and apply branding themes.
• Explain how to create a quote.
• Compare the differences between tracked and untracked inventory, and describe the process of adding new inventory items.
• Explain how to access the Chart of Accounts, add a new account, edit an existing account, import a new Chart of Accounts and the tax settings that are applied.

Syllabus

There are four topic areas covered in this Introduction to Xero. The course will cover the following:

• Introduction to Xero Accounting. This topic will provide students with an overview of cloud computing, system requirements to use Xero, dashboard navigation and instructions on how to set up multi-factor authentication.
• Xero Chart of Accounts. This topic will provide students with an overview of the Chart of Accounts, and guide students on how to access, add, edit and delete accounts.
• Managing Contacts with Xero. This topic will provide students with an overview of how to manage contacts in Xero, including how to add new customers and suppliers, how to archive contacts, the process for importing and exporting contacts, how to merge contacts, how to create contact groups, and the purpose and use of smart lists.
• Xero Sales, Invoice, Quotes and Inventory. This topic will provide students with an overview of the different invoice types, how to create single and repeating invoices, how to customise the details and template, how to create and accept quotes, the difference between tracked and untracked inventory, and how to add new inventory items.