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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.
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
Series: For Dummies
Number Of Pages: 400
Published: 14th June 2013
Country of Publication: US
Dimensions (cm): 23.5 x 19.05 x 3.18
Weight (kg): 0.64
Edition Number: 1