2014 Problogger event has just been held at the simply divine QT Hotels and I was there in spirit, watching the conference unfold over social media. Though everyone’s probably glad that I was not there as I’ve a horrible bout of bronchitis :( Here’s a collection of tweets that caught my eye from the conference: [...]
Xerocon has become a defining moment on my business calendar, a lot of the work I do leads up to the Xerocon celebration. 2012 — I met with Rod Drury CEO of Xero and my publisher Kirsten Hammond from Wiley to agree the concept of Xero for Dummies. 2013 — launch of Xero for Dummies [...]
Setting the scene: My accountant uses SAGE HandiSoft to process my businesses tax. We mapped all the account codes in the business Xero file to the SAGE Handisoft accounts he uses; I exported my data out of Xero and into his solution. Advisor>Export>Sage HandiLedger I use multi-currency which automatically creates 3 accounts:- 497 Bank Revaluations [...]
I’m frequently approached by bookkeepers asking me where they should start learning Xero. My suggestion is to block out a short amount of time, every day in your calendar and work your way through the variety of Xero training opportunities available. When I started out I blocked out 15 minutes every day. Who doesn’t have [...]
To watch this video in high definition in YouTube click on the at gear icon in the transport bar and select 720 HD. If you find this video useful please like it, subscribe to my YouTube channel and share it with your friends. Minor underpayments in Xero A minor underpayment is not a partial payment. [...]
In this short video I’m going to cover some tips to optimise working with browsers while using Xero. To view this video on high definition on YouTube, click on the gear icon and select 720 P HD. If you find this video useful please like it, subscribe to my YouTube channel and share it with your [...]
Hi! You’ve just clicked to watch a 37 minute introduction to Xero for new user’s video that I created. Now the reason why I created this, I’ve just put a little snippet on the front of this video, is because I realized users viewers were not watching the video correctly. To ensure that you view [...]
What has happened in this scenario is $ 2,000 has perhaps been deposited into the bank account. But the actual invoice in is $ 10,000 - I have received a partial payment of $2000. So what I need to do is apply that $ 2,000 to the $10,000 invoice and reduce that invoice into an [...]
Using Xero online accounting software software How to deal with multiple payments received as a single amount in the bank account Jot down total payments and the breakdown of payments Locate the lump payment Select Find & Match Select the matching transaction Select Reconcile button This video covers how to deal with multiple payments received [...]
Hi! In this session we’re going to cover how to deal with a payment incorrectly deposited into your business bank account. So, what has happened in this scenario is money into the bank account and it was a mistake and the money is simply transferred out to the bank account. What needs to happen is [...]
