Introduction to Bookkeeping Using Xero Software
Course Overview:
This training program is designed to equip participants with the essential skills needed to accurately record financial transactions using Xero accounting software. Participants will learn fundamental accounting principles, how to apply them in a digital environment, and gain hands-on experience through simulations in Xero.
Course Objectives:
By the end of the course, participants will be able to:
- Understand the fundamentals of recording financial transactions based on double-entry principles.
- Accurately record daily business transactions in Xero.
- Understand the process of managing accounts receivable, accounts payable, and bank reconciliations.
- Generate and interpret basic financial reports using Xero.
Target Audience:
- Small business owners
- Aspiring accountants and bookkeepers
- Accounting students and graduates
- Finance professionals looking to upskill in Xero software
Course Structure:
- Types of business transactions and documentation
- Duality of transactions and the double entry system
- Banking system and transactions
- Payroll
- Ledger accounts
- Cash and bank
- Sales and credit transactions
- Purchases and credit transactions
- Reconciliation
- Preparing the trial balance
- Generating key financial reports and Customizing reports in Xero for specific needs.
Course Fee: GHS 1,500
Certificate will be awarded