Efficient Accounting with Xero: A Comprehensive Guide to Streamline Your Accounting Processes

Price: $22.99
(as of May 20,2023 20:20:15 UTC – Details)

If you want to optimize your business accounting with Xero, then this guide is the ultimate solution for you. This book offers proven techniques and best practices to handle your accounting tasks smoothly and efficiently. By purchasing the print or Kindle version, you will also receive a free PDF eBook.

Key Features

• Get familiar with the latest and advanced features of Xero
• Learn how to manage your bookkeeping tasks confidently
• Master the best practices of implementing Xero to avoid costly errors
• Efficiently record, manage, and maintain your financial data

This book takes your Xero knowledge beyond the basics and explores the innovative features, techniques, and best practices for managing sales taxes, budgeting, and reporting, giving you better insights into your business and performance. You will experience the ease of using Xero as you dive into it and set up your bank feed. The book guides you through the right way to set up Xero, ensuring success in each transaction. With each chapter, you will learn how to handle spend money and receive money transactions, send invoices, collect receivables or payments, and pay bills. Additionally, the book will guide you in tracking your business assets with Xero and generating powerful reports to enable you to run or advise any business successfully.

By the end of this book, you will gain the confidence to add a company to Xero, set up the bank feeds, reconcile transactions, send invoices, pay bills, and generate impeccable financial statements.

What You Will Learn

• Understand why Xero is the best choice for SMBs
• Easily set up or convert to Xero for a service- or product-based business
• Reconcile cash and related transactions seamlessly
• Track and depreciate capital assets used in your business
• Produce tailored financial reports for your specific needs
• Use Xero to make informed and timely business decisions

Who This Book Is For

This book is for small and medium-sized business (SMB) owners, bookkeepers, or accountants who want to learn the proper use and mastery of Xero. This guide assumes little to no knowledge of Xero, but prior understanding of basic accounting principles is beneficial.

Table of Contents

1. Xero Basics – Subscriptions and when to use
2. Exploring Bank Feeds – The heart of Xero
3. Dialing in your organization’s settings in Xero
4. Restart with The Fresh Start Method
5. Conversion to Xero Made Easy
6. Recording and Reconciling the Bank
7. Invoicing and the Sales Process
8. Manage Bills and Purchases with Procure to Pay in Xero
9. Using Xero On the Go
10. Fixed Asset Management in Xero
11. All You Need to Know About Manual Journals in Xero
12. Correcting Mistakes with Find and Recode
13. Run and Customize Basic Reports In Xero
14. Advanced Reporting with Business Snapshot and Short-Term Cash Flow
15. Create Custom Reports in Xero with the Layout Editor
16. Run Your Practice with Xero HQ
17. Practice Wide Reports Templates in Xero
18. Exporting your Data and Reports out of Xero
19. Apps, Apps, Apps

Publisher: Packt Publishing (April 28, 2023)

Language: English

Paperback: 306 pages

ISBN-10: 1801812209

ISBN-13: 978-1801812207

Item Weight: 1.17 pounds

Dimensions: 7.5 x 0.69 x 9.25 inches