DescriptionNeed 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.
- An essential guide for anyone who wants to get the most out of this super-simple, super-effective accounting software
- The only guide on the market endorsed by Xero
- Perfect for small business owners and freelance workers with no experience using accounting software
When it comes to balancing the books, small business owners and entrepreneurs need all the help they can get. Xero For Dummies is the quick and easy way to master the world's simplest accounting software.
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