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 [...]
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 [...]
Xero Training: The essentials you need to know to use Xero: the online accounting solution. Workshop includes: • Understanding Organisation and Finance Settings in Xero • Overview of the Chart of Accounts in Xero • Entering customers and suppliers in Xero • Inventory Items in Xero • Sales Dashboard in Xero • Purchases Dashboard in [...]
The fab people at Officeworks have given me a $100 AU Officeworks voucher to give away to a lucky reader....read on to find out more details...[This competition is now closed and I'm excited to share with you Ross Dawson selected Grant Steele as the winner. Dawson remarked there were a number of excellent comments. Thank-you [...]
I recently asked "What length of time are you prepared to listen to a webinar?" on my Linkedin profile and the highest rated response was 45 minutes with 60 minutes a close second.    20 people voted and 5 people commented. You can view the interactive results here :-http://linkd.in/fxWfEQ
I recently had to restore my computer from operating system up. It was not an enjoyable experience, especially as I only had to do it about 18 months ago L I shared my IT joy on twitter; ‘I wish I had an IT department to magically sort this stuff out! I will spend all w/e [...]
I just came across a half written diary entry, which I never got around to finishing (see below). Quite amusing, as I am now thanking my lucky stars I made the investment in Carbonite online back-up service. Last Thursday I started my computer, and nothing happened. My hard drive had crashed and I [...]
