Xero for Dummies

Xero for Dummies

Paperback For Dummies

By (author) Heather Smith, Foreword by Rod Drury

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  • Publisher: John Wiley & Sons Inc
  • Format: Paperback | 400 pages
  • Dimensions: 183mm x 234mm x 30mm | 658g
  • Publication date: 30 September 2013
  • Publication City/Country: New York
  • ISBN 10: 1118572556
  • ISBN 13: 9781118572559
  • Edition statement: New.
  • Sales rank: 35,056

Product description

Need to get the most out of the world's simplest accounting software? Easy. Xero has revolutionised the world of accounting software. Completely cloud-based, it lets small business owners monitor their finances in real time and promises to reduce the need for endless back-ups, data entry and software upgrades. Xero For Dummies gives readers a user-friendly, in-depth understanding of how the software works and shows them how to use it efficiently, effectively, and strategically. This plain-English guide leads readers through the basics of setting up an accounting system to detailed operations, letting users maximise revenue, profits, and cash flow. Xero For Dummies offers in-depth guidance on such topics as switching over from another accounting software, setting up customers and suppliers, dealing with multi-currency transactions, using Xero's dashboards and robust reporting capabilities, and more. * An essential guide for anyone who wants to get the most out of this super-simple, super-effective accounting software * The only guide on the market endorsed by Xero * Perfect for small business owners and freelance workers with no experience using accounting software When it comes to balancing the books, small business owners and entrepreneurs need all the help they can get. Xero For Dummies is the quick and easy way to master the world's simplest accounting software.

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Author information

Heather Smith is a writer, speaker and advisor on all topics small business. She is a Xero Certified Advisor and Chartered Certified Accountant. Through her business ANISEConsulting she specialises in delivering online training courses and webinars.

Back cover copy

Manage your accounts online in real-time with XeroXero has revolutionised the world of accounting software. Completely cloud-based, it lets small business owners monitor their finances in real-time and promises to reduce the need for endless back-ups, data entry and software upgrades. "Xero For Dummies" guides you step by step through how the software works and explains how you can use it efficiently, effectively and strategically to maximise revenue, profits and cash flow. Master the world's simplest accounting software with this user-friendly guide."Set up from scratch or convert to Xero -- manage the transition to Xero with easeWork with Xero on the go, anytime -- check balances, upload receipts and invoice clients using the Xero appManage your contacts -- learn how to set up and adjust details for key customers, suppliers and employeesReconcile your bank accounts 'automagically' -- take advantage of Xero's automatic bank feeds and transaction matching processMonitor your business and improve efficiency -- use Xero's dashboards to refine business goals, track transactions and review management reports"Open the book and find: How to work collaboratively with your accountant or bookkeeperDetails about using live bank feedsSteps for mastering daily, weekly and monthly tasksAdvice on working with part paymentsWays to enter foreign currency invoices easilyAdd-on solutions for your specific needsTips for working with different dashboards"Learn to: "Do your accounting online anywhere, anytimeReduce data entry with automatic bank feedsUse dashboards to track your business performance in real-timeCreate and send invoices via your mobile devices

Table of contents

Foreword xv Introduction 1 Part I: Getting Started with Xero 7 Chapter 1: Getting to Know Xero 9 Chapter 2: Getting Organised: Setting Up Xero from Scratch 21 Chapter 3: Converting to Xero from Another System 51 Chapter 4: Finetuning Your Set-Up 75 Part II: Daily Activities 93 Chapter 5: Managing Your Contacts 95 Chapter 6: Managing Your Sales 107 Chapter 7: Managing Your Payables 139 Chapter 8: Reconciling Your Bank Accounts 163 Part III: Making the Routine, Routine 189 Chapter 9: Generating Reports 191 Chapter 10: Mastering Your Weekly and Monthly Tasks 205 Chapter 11: End of Financial Year Reporting 227 Part IV: Getting the Most Out of Xero 241 Chapter 12: Monitoring Your Business 243 Chapter 13: Managing Your Inventory Items 267 Chapter 14: Working with Fixed Assets 277 Chapter 15: Working with Multi-Currency Transactions 289 Chapter 16: Xero Online Network 301 Part V: The Part of Tens 311 Chapter 17: Ten Tips for Long-Term Success with Xero 313 Chapter 18: Ten Common Mistakes Made in Xero and How to Avoid Them 317 Appendix A: Converting from MYOB to Xero 323 Appendix B: Converting from Sage to Xero 351 Appendix C: Converting from QuickBooks to Xero 361 Index 369