XERO Accounts Online Training - COMING SOON

Online Xero Accounts Training  -  £TBA Heavy Introductory Discount (Normal Fee £299)


We now have an online training facility which enables participants to undertake our Xero Accounts training course remotely i.e. in the comfort of their own homes or offices.


The online training mirrors our tutor-led courses which are presented by qualified chartered accountants.


The training course is an interactive video tutorial with full sound, Xero screen recordings and software simulations (not just pages and pages of text). The course provides an opportunity for you to:


  1. Learn from the expert guidance of a qualified Chartered Accountant with over 20 years experience of financial IT training;
  2. Course prepared and delivered by Xero Accredited Advisor;
  3. Get up to speed with MAKING TAX DIGITALbeing introduced by HMRC from 1 April 2019. All VAT Registered businesses with turnover greater than £85,000 will be affected as the requirement will be to maintain "Digital Records";
  4. View demonstrations and then input data into Xero yourself via our unique software simulation tool (you do not need to have Xero software yourself in order to undertake the course);
  5. Master how various business transactions are recorded in Xero Accounts;
  6. Understand double entry bookkeeping;
  7. View and print various customer, supplier and management reports including Trial Balance, Profit & Loss and Balance Sheet, etc.
  8. Understand how VAT works and how VAT Returns are completed on Xero;
  9. Undertake knowledge tests.


If you have an immediate requirement for Xero Accounts training, please contact us on 020 8567 7733 as we can arrange this remotely on the same day.


Access to the course is available for one month enabling you to undertake the course several times. An internet connection and an up-to-date browser is required to undertake the online training. No refunds or cancellation once log in details have been provided.


The online course contents are as per our classroom based Xero Accounts training course and includes the following 10 sections (Duration: Approx. 5 Hours):




Section 1 – Introduction


  • Introduction to Xero "Beautiful Accounting Software"
  • Navigating within Xero
  • The Xero Dashboard
  • Account Watchlist
  • Xero 30 day FREE trial


Section 2 – Setting up a new company in Xero 


  • Entering organisation details
  • Entering financial details
  • VAT schemes including standard, cash accounting, flat rate, etc.
  • Locking historical data
  • Entering company defaults
  • Invoice templates
  • Setting up payment services such as Paypal
  • Setting up email reminders
  • Knowledge Test # 1


Section 3 – Chart of Accounts


  • Review of Chart of Accounts
  • Xero account structure
  • VAT tax rates
  • Setting up new nominal accounts
  • Adding accounts to the Watchlist
  • Deleting and archiving accounts
  • Control and system accounts
  • Knowledge Test # 2


Section 4 – Inventory and Contacts


  • Setting up tracked inventory items
  • Setting up untracked inventory items
  • Editing inventory records
  • Setting up new suppliers as contacts
  • Setting up new customers as contacts
  • Knowledge Test # 3


Section 5 – Purchase Orders, Supplier Bills and Credit Notes


  • Preparing purchase orders
  • Updating the purchase order and emailing to supplier
  • Converting the purchase order to a supplier bill
  • Entering and coding purchase invoices
  • Recording purchase credit notes
  • Recording supplier payments
  • Preparing remittance advice notes
  • Knowledge Test # 4


Section 6 – Customer Quotations, Sales Invoices and Credit Notes


  • Preparing customer quotations
  • Marking the quotation as accepted or declined
  • Converting the quotation to a sales invoice
  • Entering sales invoices
  • Recording sales credit notes
  • Entering customer receipts
  • Emailing sales receipt confirmation
  • Knowledge Test # 5


Section 7 – Bank Transactions and Bank Reconciliations


  • Recording bank transfers
  • Recording sales and non-sales receipts
  • Entering supplier and non-supplier payments
  • Automated Bank Feeds
  • Undertaking a bank reconciliation
  • Setting up Bank Rules
  • Cash Coding
  • Knowledge Test # 6


Section 8 – Management Reports


  • Aged debtor analysis / Accounts receivables
  • Aged creditor analysis / Accounts payables
  • Monthly management accounts
  • Trial Balance
  • Profit and Loss Account
  • Balance Sheet
  • Knowledge Test # 7


Section 9 – VAT Returns


  • Preparing Quaterly VAT Returns
  • Reconciling the VAT Return
  • VAT cash accounting scheme
  • Online submission of VAT Return to HMRC
  • Making Tax Digital requirements
  • Knowledge Test # 8


Section 10 – Summary


  • Review of the course
  • Progression to more advanced Xero Accounts training