The Practical Accounting with Xero Accounting System is a two-day WSQ Certifiable course which aim to provide an overview and hand-on practice on Xero Accounting System to assist the admin, managers, executives, and business owners to apply the Xero accounting system functionalities in their daily business and financial activities and enhance productivity
This course is tailored for professionals, managers, and executives in both accounting and non-accounting roles, such as Accounting Assistants, Accounts Executives, and Accountants. It aims to equip them with the skills needed to overcome challenges and meet industry demands
By the end of the course, learners will be able to:
– Setting up Xero Accounting System
– Use Xero to perform accounting functions and aid decision makings
– Configure and import relevant data to Xero accounting system
– Set up and compute GST for expenses and invoices
– Generate financial and accounting reports
Topic 1. Introduction to Xero
– Xero Introduction
– Course Overview
– Workshop Objectives
– Expectation – Activity
Topic 2: Setting up Company – Activity/Practical Case Study
Topic 3: Setting up Chart of Accounts – Activity/Practical Case Study
Topic 4: Setting up Bank Account- Activity/Practical Case Study
Topic 5: Bank Reconciliation – Activity/Practical Case Study
Topic 6: Tracking Location & Class
– Conversion Balance – Activity/Practical Case Study
– Inventory Management – Activity/Practical Case Study
Topic 7: Managing Sales, Quotation and Recurring Transactions – Activity/Practical Case Study
Topic 8: Managing Purchases Transactions – Activity/Practical Case Study
Topic 9: Fixed Assets Register, Depreciation and Disposal – Activity/Practical Case Study
Topic 10: Tax / GST Returns and Reports – Activity/Practical Case Study
Topic 11. End-of-Period Closing Procedures – Activity/Practical Case Study
Topic 12: Financial Report – Activity/Practical Case Study
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Trainer Maria Lau is analytical for all courses at college as well as running her college to improve experience for trainees/clients, employees and administration.
A dedicated and responsive trainer and appraisals from ex NUS Merit/ex MP and trainees attending college courses for the 3@1 Corporate Secretarial Practice/ACRA Filing/IRAS Tax and Certificate in Practical Accounting courses and Pitman’s Shorthand New Era Speed Writing.