Course curriculum

  • 1

    0. Introductions

    • 0.1 Introduction to This Course

    • 0.2 Introduction to Bookkeeping

    • 0.3 Introduction to Xero

    • 0.4 Introduction to Receipt Bank

    • 0.5 Introduction to the Bookkeeping System

  • 2

    1. Bookkeeping System Setup

    • 1.1 Xero Setup - Get a Xero Account

    • 1.2 Xero Setup - Bank Feeds

    • 1.3 Xero Setup - Organization and Financial Details

    • 1.4 Xero Setup - Sales Tax Rates

    • 1.5 Xero Setup - Chart of Accounts

    • 1.6 Xero Setup - Conversion Balances

    • 1.7 Receipt Bank Setup - Sign Up for Receipt Bank

    • 1.8 Receipt Bank Setup - Connect Receipt Bank to Xero

    • 1.9 Receipt Bank Setup - Update Settings

  • 3

    2. Xero Basics

    • 2.1 Navigating Xero

    • 2.2 Bank Feeds - Transactions Magically Appear

    • 2.3 Chart of Accounts - How Transactions are Categorized

    • 2.4 Invoices - Create and Send Invoices in Xero

    • 2.5 Bills - Recording Bills in Xero

    • 2.6 Settings - Important Settings to Understand

  • 4

    3. Receipt Bank Basics

    • 3.1 What is Receipt Bank for?

    • 3.2 Navigating Receipt Bank

    • 3.3 Receipt Bank Settings You Need to Know About

  • 5

    4. Receipt Bank Bookkeeping Process

    • 4.1 Receipt Bank and Xero - the Big Picture

    • 4.2 How to Upload Receipts to Receipt Bank

    • 4.3 Reviewing Transactions in Receipt Bank

    • 4.4 Sales Taxes and Receipt Bank

    • 4.5 Review and Categorize Transactions in Receipt Bank (Examples)

  • 6

    5. Transactions in Xero from Receipt Bank

    • 5.1 Xero and Receipt Bank - the Big Picture

    • 5.2 Navigating Xero - Key Areas to Know in Xero

    • 5.3 Recording Receipt Banked Transactions in Xero

  • 7

    6. Record Transactions Directly in Xero (Skip Receipt Bank)

    • 6.1 When to Skip Receipt Bank and Record Transactions Directly in Xero

    • 6.2 How to Record Transactions Directly in Xero (Purchases / Expenses)

    • 6.3 How to Record Transactions Directly in Xero (Sales / Revenue)

    • 6.4 How to record cash transfers (bank to bank or paying off a credit card)

    • 6.5 Use Bank Rules to Automate Transactions in Xero

  • 8

    7. Invoicing in Xero

    • 7.1 Overview of Invoicing in Xero

    • 7.2 Creating and Sending Invoices in Xero

    • 7.3 Invoice Settings

    • 7.4 Recording Payments that you've Received

  • 9

    8. Correcting Mistakes in Xero

    • 8.1 Overview of Correcting Mistakes in Xero

    • 8.2 Editing Transactions in Xero

    • 8.3 Use Remove and Redo to Correct Transactions

    • 8.4 Void or Delete Transactions in Xero

    • 8.5 Receipt Bank and Correcting Mistakes in Xero

  • 10

    9. Sales Taxes in Xero and Receipt Bank

    • 9.1 Sales Tax Overview

    • 9.2 Sales Taxes in Xero

    • 9.3 How Receipt Bank Deals with Sales Tax

    • 9.4 Sales Tax Report in Xero

    • 9.5 Filing a GST/HST Return

    • 9.6 Filing a PST Return (Coming Soon)

  • 11

    10. Financial Reporting in Xero

    • 10.1 Basic Financial Reports in Xero

    • 10.2 Customizing Financial Reports in Xero

    • 10.3 Demonstration - Customizing an Income Statement

    • 10.4 Demonstration - Customizing a Balance Sheet

  • 12

    11. Month-end: Bank Recs and Financial Reports

    • 11.1 Month-end Overview

    • 11.2 Bank Reconciliations in Xero

    • 11.3 Reviewing Financial Reports

  • 13

    12. Bookkeeping Course Summary

    • 12.1 Congratulations - You're a Bookkeeper!

    • 12.2 Index

    • 12.3 Resources

    • 12.4 Avalon Accounting