Master one of the most powerful and widely adopted cloud-based accounting platforms available for start-ups, small businesses, and larger organizations alike. Xero automates and streamlines your financial operations so you can redirect your energy toward building and scaling your business. In this structured video course, Xero expert and practicing accountant Simon Gawn walks you step by step through setting up your account, navigating the dashboard, and confidently managing everything from invoices and bank reconciliations to payroll and financial reporting.
Recommended Study Time: 30 hours
Requirements: No prior accounting experience or formal qualifications are needed to enroll. This course is designed for anyone who wants to develop practical financial management skills, whether you are launching a new venture, building a career in bookkeeping or accounting, or looking to upgrade your existing competencies and work more efficiently with cloud-based financial tools.
Course Modules
Module 1: Getting Started with Xero
- Meet your tutor, accountant, and Xero expert, Simon Gawn, and get a course overview
- Set up your company profile and configure essential settings
- Navigate the Xero dashboard and understand the main interface
- Configure your chart of accounts to reflect your business structure
- Set up your products and services catalogue
- Brand and customize your invoice templates
Module 2: Invoices, Bills, and Expenses
- Create and send professional sales invoices to clients
- Record and manage bills from suppliers
- Issue and process credit notes accurately
- Use advanced features for bills and invoices, including repeating transactions
- Submit and manage employee expense claims
Module 3: Bank Accounts
- Connect and configure your bank accounts within Xero
- Perform bank reconciliation using matching to existing transactions
- Reconcile bank transfers between accounts
- Create new transactions directly from your bank feed
- Set up bank rules to automate recurring reconciliation tasks
- Use cash coding to process high volumes of transactions efficiently
Module 4: Payroll, Additional Features, and Settings
- Configure and run payroll using the Gusto integration
- Use the find and replace function to correct data across multiple transactions
- Create and post manual journal entries for adjustments
- Build and monitor budgets using the budget manager tool
- Record fixed assets and calculate depreciation schedules
- Enable and manage multi-currency transactions for international business
Module 5: Reports
- Access and navigate the Xero reporting suite
- Run, customize, and publish key financial reports
- Build custom report layouts tailored to your business needs
- Use tracking categories to monitor financial performance across departments, cost centers, or individual projects
Upon completing this course, you will have a practical, working knowledge of Xero that you can apply immediately in your business or professional role, reducing time spent on manual bookkeeping tasks and giving you greater clarity, transparency, and real-time control over your complete financial position. You will also be well-prepared to work alongside accountants and bookkeepers using Xero, making collaboration smoother and more efficient from day one.
