Xero for Dummies

Xero for Dummies

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Master Xero in a flash to streamline accounting and manage more effectively Xero For Dummies is a user-friendly guide to the accounting software that's revolutionising the industry. Whether you're setting up Xero from scratch, converting to Xero from another accounting software, or just want to get more out of Xero, this book provides an in-depth understanding of how the software works, and how to use it to manage your business more effectively. This second edition has been updated to cover the new and improved features, including better file storage, purchase order, and report generation, extended coverage of the Xero add-on ecosystem, and more, with all new screenshots that show you exactly what to do. You'll learn how to automatically import and code bank transactions, set up accounts, customers, and suppliers, synchronise data, and generate reports that give you the information you need to manage your business more effectively. Xero has changed the game in the accounting software industry.
Their completely cloud-based single ledger system allows business owners to monitor their financial position in real time, and eliminates the need for endless data entry, backups, and software upgrades. Xero For Dummies is the only Xero-endorsed guide to getting the most out of the software, walking you through the basics to advanced use. * Save time reconciling with automatic imports and intuitive coding * Manage inventory, customers, suppliers, and more * Simplify accounts and deal with multi-currency transactions * Synchronise data seamlessly across multiple business platforms From setting up your accounting system through to more detailed operational usage, this book contains tried-and-tested techniques that will help you optimise revenue, profits, and cash flow. Xero can streamline your accounting process and help you be a better manager ? to wield it effectively, Xero For Dummies is the complete, informative guide you need.
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Product details

  • Paperback | 408 pages
  • 186 x 235 x 29mm | 678g
  • Milton, QLD, Australia
  • English
  • Revised
  • 2nd Revised edition
  • 0730319377
  • 9780730319375
  • 105,174

Back cover copy

Learn to: Set up and organise your business accounts and contacts Manage your accounting online from anywhere, at any time Save time with automatic bank feeds and intuitive transaction coding Monitor business performance using reporting and tracking options Streamline your accounting online in real-time with Xero® Whether you’re just starting out with Xero or switching from another system, this updated edition of Xero For Dummies has everything you need to know about the revolutionary cloud-based accounting system. From the basics of setting up to more detailed operational use, this book includes tried-and-tested techniques to help you optimise revenue, profits and cash flow while minimising repetitive admin tasks. Monitor your financial position in real-time with this essential guide. Start from scratch — follow step-by-step directions to set up Xero or convert from another accounting system Better than ever — discover Xero’s improved file storage, purchase order and report generation features Save time — reconcile accounts ‘automagically’ with automatic bank feeds and transaction matching Streamline record-keeping — organise customer and supplier accounts, synchronise data, and generate the reports you need to manage your business efficiently Add-on for success — explore the growing cloud-based add-on solution ecosystem and tailor your accounting to match your business needs Keep an eye on key areas of your business — use Xero’s dashboards to review budgets and forecasts, refine business goals and track overall progress Open the book and find: Advice for long-term success with Xero Steps for generating and customising reports Tips for managing contacts, sales, purchases and inventory Help with weekly and monthly task lists Ways to prepare for end-of-year reporting Add-on solutions for your specific needs How to bring in data from paper-based or spreadsheet accounting systems
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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 23 Chapter 3: Converting to Xero from Another System 59 Chapter 4: Fine-tuning Your Set-Up 85 Part II: Daily Activities 107 Chapter 5: Managing Your Contacts 109 Chapter 6: Managing Your Sales 125 Chapter 7: Managing Your Payables 165 Chapter 8: Reconciling Your Bank Accounts 197 Part III: Making the Routine, Routine 227 Chapter 9: Generating Reports 229 Chapter 10: Mastering Your Weekly and Monthly Tasks 245 Chapter 11: End of Financial Year Reporting 269 Part IV: Getting the Most Out of Xero 285 Chapter 12: Monitoring Your Business 287 Chapter 13: Managing Your Inventory Items 313 Chapter 14: Working with Fixed Assets 325 Chapter 15: Working with Multi-Currency Transactions 337 Chapter 16: Xero Online Network 349 Part V: The Part of Tens 361 Chapter 17: Ten (Plus One!) Tips for Long-Term Success with Xero 363 Chapter 18: Ten Common Mistakes Made in Xero and How to Avoid Them 369 Index 375
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About Heather Smith

Heather Smith is an accountant specialising in content creation. She hosts the Cloud-Stories podcast, writes for XU Magazine, and develops blog content and training videos for businesses within the Xero community. Heather is a consultant providing guidance on Xero set-up, conversion, training and integration, and she offers accounting support to businesses globally.
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Rating details

24 ratings
3.83 out of 5 stars
5 33% (8)
4 29% (7)
3 25% (6)
2 12% (3)
1 0% (0)
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