{"product_id":"xero-for-dummies-isbn-9780730394617","title":"Xero For Dummies","description":"\u003cp\u003e\u003cb\u003eYour comprehensive guide to using Xero \u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eKeeping your business running smoothly has never been easier with Xero. You’re in good hands with \u003ci\u003eXero For Dummies,\u003c\/i\u003e the only book endorsed by Xero. With the tips and tricks included in this helpful guide, you can easily tackle tasks like accounts payable, invoices, and estimates. It’s packed with easy to follow explanations and instructions on how to use this popular accounting software. It’s like having a personal accountant at your fingertips! \u003c\/p\u003e\u003cp\u003eThe latest update to this useful reference shows how you can use Xero for more than a simple spreadsheet. It includes how to set up your account from scratch, convert your business from another accounting software to Xero, and use Xero to its full potential. It includes these essential topics: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eCustomize the Xero set-up for your business \u003c\/li\u003e \u003cli\u003eManage your daily activities with contacts, accounts, sales, and payables\u003c\/li\u003e \u003cli\u003eOrganize suppliers and customers\u003c\/li\u003e \u003cli\u003eAutomate your weekly and monthly reporting routines\u003c\/li\u003e \u003cli\u003eTrack inventory and monitor your business \u003c\/li\u003e \u003cli\u003eSync seamlessly across other business platforms\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eFilled with real-world scenarios that shows how you can use Xero every day in your business, \u003ci\u003eXero For Dummies\u003c\/i\u003e can help you get your paperwork done quickly, so you can spend your valuable time running your business. Pick up your copy of \u003ci\u003eXero For Dummies\u003c\/i\u003e to make that your reality. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eIntroduction 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 1: Getting Started with Xero 7\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1: Getting to Know Xero 9\u003c\/p\u003e \u003cp\u003eChapter 2: Getting Organised: Setting Up Xero from Scratch 25\u003c\/p\u003e \u003cp\u003eChapter 3: Converting to Xero from Another System 63\u003c\/p\u003e \u003cp\u003eChapter 4: Fine-tuning Your Set-Up 91\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 2: Daily Activities 115\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 5: Managing Your Contacts 117\u003c\/p\u003e \u003cp\u003eChapter 6: Managing Your Sales 137\u003c\/p\u003e \u003cp\u003eChapter 7: Managing Your Payables 183\u003c\/p\u003e \u003cp\u003eChapter 8: Reconciling Your Bank Accounts 221\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 3: Making the Routine, Routine 257\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 9: Generating Reports 259\u003c\/p\u003e \u003cp\u003eChapter 10: Mastering Your Weekly and Monthly Tasks 279\u003c\/p\u003e \u003cp\u003eChapter 11: End of Financial Year Reporting 315\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 4: Getting the Most Out of Xero 331\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 12: Monitoring Your Business 333\u003c\/p\u003e \u003cp\u003eChapter 13: Managing Your Inventory Items 379\u003c\/p\u003e \u003cp\u003eChapter 14: Working with Fixed Assets 393\u003c\/p\u003e \u003cp\u003eChapter 15: Working with Multi-Currency Transactions 409\u003c\/p\u003e \u003cp\u003eChapter 16: Exploring the Xero Marketplace 423\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 5: The Part of Tens 439\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 17: Ten (Plus One!) Tips for Long-Term Success with Xero 441\u003c\/p\u003e \u003cp\u003eChapter 18: Ten Common Mistakes Made in Xero and How to Avoid Them 447\u003c\/p\u003e \u003cp\u003eIndex 453\u003c\/p\u003e \u003cp\u003eIntroduction 1\u003c\/p\u003e \u003cp\u003eAbout This Book 2\u003c\/p\u003e \u003cp\u003eFoolish Assumptions 3\u003c\/p\u003e \u003cp\u003eIcons Used in This Book 4\u003c\/p\u003e \u003cp\u003eWhere to Go from Here 4\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 1: Getting Started with Xero 7\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: Getting to Know Xero 9\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding the Advantages of Xero 10\u003c\/p\u003e \u003cp\u003eExploring Xero’s Different Editions 13\u003c\/p\u003e \u003cp\u003eHomepage: Checking Out the Dashboard 16\u003c\/p\u003e \u003cp\u003eUnderstanding Your Team’s Needs 17\u003c\/p\u003e \u003cp\u003eIntegrating Xero into Your Strategic Planning 21\u003c\/p\u003e \u003cp\u003eGenerating accurate, complete and timely data entry 21\u003c\/p\u003e \u003cp\u003eIntroducing Management Reporting and the analysis capabilities of Xero 22\u003c\/p\u003e \u003cp\u003eTaking Advantage of Support Options 22\u003c\/p\u003e \u003cp\u003eUsing Xero in a Training Environment 23\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Getting Organised: Setting Up Xerofrom Scratch 25\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePreparing for Set-Up 26\u003c\/p\u003e \u003cp\u003eChecking your browser and system requirements 26\u003c\/p\u003e \u003cp\u003eCollecting your business data 28\u003c\/p\u003e \u003cp\u003eSigning Up for Xero 29\u003c\/p\u003e \u003cp\u003eGetting started 30\u003c\/p\u003e \u003cp\u003eOrganisation Settings 34\u003c\/p\u003e \u003cp\u003eFinancial Settings 36\u003c\/p\u003e \u003cp\u003eUnderstanding Bookkeeping Basics 38\u003c\/p\u003e \u003cp\u003eWorking out how account types affect your reports 39\u003c\/p\u003e \u003cp\u003eCreating a chart of accounts that works for you 42\u003c\/p\u003e \u003cp\u003eDeveloping your own chart of accounts 43\u003c\/p\u003e \u003cp\u003eSetting Up Your Chart of Accounts 45\u003c\/p\u003e \u003cp\u003eUsing Xero’s default Chart of Accounts 45\u003c\/p\u003e \u003cp\u003eCustomising your chart of accounts 46\u003c\/p\u003e \u003cp\u003ePutting Your Accounts into Practice 50\u003c\/p\u003e \u003cp\u003eChecking your conversion balances 50\u003c\/p\u003e \u003cp\u003eAdding comparative balances 52\u003c\/p\u003e \u003cp\u003eEntering historical invoices, bills and credit notes 54\u003c\/p\u003e \u003cp\u003eAdding Ways to Get Paid 55\u003c\/p\u003e \u003cp\u003eSetting up bank accounts 55\u003c\/p\u003e \u003cp\u003eIncluding credit cards 57\u003c\/p\u003e \u003cp\u003eOnline payment options 57\u003c\/p\u003e \u003cp\u003eTax Rates 58\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: Converting to Xero from Another System 63\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePreparing to Import Data from a Non-Accounting Program 64\u003c\/p\u003e \u003cp\u003eConverting paper-based records 64\u003c\/p\u003e \u003cp\u003eWorking with spreadsheets 65\u003c\/p\u003e \u003cp\u003eGetting Ready to Convert from an Accounting Program 65\u003c\/p\u003e \u003cp\u003eGetting ready to convert 67\u003c\/p\u003e \u003cp\u003eConverting exported CSV files into Excel 70\u003c\/p\u003e \u003cp\u003ePreparing data for import 73\u003c\/p\u003e \u003cp\u003eMapping tax rates 75\u003c\/p\u003e \u003cp\u003eImporting Data into Xero 75\u003c\/p\u003e \u003cp\u003eChart of accounts 76\u003c\/p\u003e \u003cp\u003eContacts 78\u003c\/p\u003e \u003cp\u003eInventory items 79\u003c\/p\u003e \u003cp\u003eSales 81\u003c\/p\u003e \u003cp\u003ePurchases 82\u003c\/p\u003e \u003cp\u003eBank transactions 84\u003c\/p\u003e \u003cp\u003eManual journals 86\u003c\/p\u003e \u003cp\u003eFixed assets 87\u003c\/p\u003e \u003cp\u003eUnpresented payments or uncleared funds 88\u003c\/p\u003e \u003cp\u003eTurning Off Your Old System 89\u003c\/p\u003e \u003cp\u003eAccessing historical data 89\u003c\/p\u003e \u003cp\u003eMoving to the new system 89\u003c\/p\u003e \u003cp\u003eConfirming the switchover date 90\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Fine-tuning Your Set-Up 91\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTools of the Trade: Understanding the Dashboard 92\u003c\/p\u003e \u003cp\u003eXero balance versus bank balance 93\u003c\/p\u003e \u003cp\u003eTotal Cash In and Out 94\u003c\/p\u003e \u003cp\u003eAccount Watchlist 94\u003c\/p\u003e \u003cp\u003eInvoices Owed to You 95\u003c\/p\u003e \u003cp\u003eBills You Need to Pay 96\u003c\/p\u003e \u003cp\u003eDealing with expense claims 96\u003c\/p\u003e \u003cp\u003eSetting Up Users 96\u003c\/p\u003e \u003cp\u003eUnderstanding user access levels 96\u003c\/p\u003e \u003cp\u003eInviting other users to access Xero 98\u003c\/p\u003e \u003cp\u003eTaking Advantage of Live Bank Feeds 102\u003c\/p\u003e \u003cp\u003eActivating live bank feeds 102\u003c\/p\u003e \u003cp\u003eOrganising bank accounts on your dashboard 105\u003c\/p\u003e \u003cp\u003eManaging bank feeds 106\u003c\/p\u003e \u003cp\u003eManually Importing Statements 107\u003c\/p\u003e \u003cp\u003eBank Rules 107\u003c\/p\u003e \u003cp\u003eSetting up bank rules 108\u003c\/p\u003e \u003cp\u003eManaging bank rules 111\u003c\/p\u003e \u003cp\u003eUsing File Storage and the Xero Inbox 112\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 2: Daily Activities 115\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Managing Your Contacts 117\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSetting Up Customers 118\u003c\/p\u003e \u003cp\u003eSetting Up Suppliers 126\u003c\/p\u003e \u003cp\u003eConnecting Your Contacts to Workspace or Office 365 126\u003c\/p\u003e \u003cp\u003eSync Xero contacts with Google contacts and Microsoft Outlook 126\u003c\/p\u003e \u003cp\u003eConnecting your email account to your contacts 127\u003c\/p\u003e \u003cp\u003eTweaking Your Contacts after Set-Up 128\u003c\/p\u003e \u003cp\u003eFinding your contacts 128\u003c\/p\u003e \u003cp\u003eManaging your contacts 129\u003c\/p\u003e \u003cp\u003eGrouping your contacts 130\u003c\/p\u003e \u003cp\u003eMerging your contacts 130\u003c\/p\u003e \u003cp\u003eUnpicking accidentally merged contacts 131\u003c\/p\u003e \u003cp\u003eArchiving your outdated contacts 132\u003c\/p\u003e \u003cp\u003eSetting Up Employees 132\u003c\/p\u003e \u003cp\u003eUtilising Smart Lists CRM Functionality 134\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: Managing Your Sales 137\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eNavigating the Sales Dashboard 138\u003c\/p\u003e \u003cp\u003eMoney Coming In 141\u003c\/p\u003e \u003cp\u003eCustomers Owing the Most — list 141\u003c\/p\u003e \u003cp\u003eCustomers Owing the Most — pie chart 141\u003c\/p\u003e \u003cp\u003eMastering Basic Invoice Functions 141\u003c\/p\u003e \u003cp\u003eCreating a new sales invoice 142\u003c\/p\u003e \u003cp\u003eAccessing additional functionality in New invoice style 146\u003c\/p\u003e \u003cp\u003eSaving, approving and cancelling invoices 147\u003c\/p\u003e \u003cp\u003eSending an invoice to a customer 149\u003c\/p\u003e \u003cp\u003eMastering More Advanced Invoice Functions 153\u003c\/p\u003e \u003cp\u003eDesigning clear invoices for a positive cash flow 154\u003c\/p\u003e \u003cp\u003eWorking with repeating invoices 162\u003c\/p\u003e \u003cp\u003eInvoicing contact groups 164\u003c\/p\u003e \u003cp\u003eManaging credit notes 165\u003c\/p\u003e \u003cp\u003eCreating a new quote 167\u003c\/p\u003e \u003cp\u003eRecording Payments 169\u003c\/p\u003e \u003cp\u003eReceipting against sales invoices 169\u003c\/p\u003e \u003cp\u003eSending receipts 170\u003c\/p\u003e \u003cp\u003eRecording income for a simple cash business 170\u003c\/p\u003e \u003cp\u003eMaking use of batch payments 172\u003c\/p\u003e \u003cp\u003eRemoving allocated payments 174\u003c\/p\u003e \u003cp\u003eTaking Advantage of Email Templates 174\u003c\/p\u003e \u003cp\u003eDefining your user email addresses 175\u003c\/p\u003e \u003cp\u003eCreating a new email template 176\u003c\/p\u003e \u003cp\u003eDeleting customised templates 178\u003c\/p\u003e \u003cp\u003eConnecting with contacts via social media 178\u003c\/p\u003e \u003cp\u003eFollowing Up on Outstanding Debtors 179\u003c\/p\u003e \u003cp\u003eSetting up invoice reminders 180\u003c\/p\u003e \u003cp\u003eMaking use of statements 181\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Managing Your Payables 183\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eNavigating the Purchases Dashboard 184\u003c\/p\u003e \u003cp\u003eManaging Your Supplier Bills 187\u003c\/p\u003e \u003cp\u003eCreating a new bill 187\u003c\/p\u003e \u003cp\u003eApproving and cancelling bills 191\u003c\/p\u003e \u003cp\u003eGenerating a purchase order 193\u003c\/p\u003e \u003cp\u003eMaking Payments 196\u003c\/p\u003e \u003cp\u003eRecording an individual payment 196\u003c\/p\u003e \u003cp\u003eRecording batch payments 198\u003c\/p\u003e \u003cp\u003eRemoving allocated payments 201\u003c\/p\u003e \u003cp\u003eMastering Other Payment Considerations 202\u003c\/p\u003e \u003cp\u003ePrinting bills 202\u003c\/p\u003e \u003cp\u003eWorking with Repeating Bills 202\u003c\/p\u003e \u003cp\u003eScheduling payments 204\u003c\/p\u003e \u003cp\u003eStylising your check 205\u003c\/p\u003e \u003cp\u003eSending remittance advice 207\u003c\/p\u003e \u003cp\u003eManaging credit notes 208\u003c\/p\u003e \u003cp\u003eTaking advantage of Hubdoc 209\u003c\/p\u003e \u003cp\u003eEntering Expense Claims 209\u003c\/p\u003e \u003cp\u003eUnderstanding Xero Expenses functionality 210\u003c\/p\u003e \u003cp\u003eDefining Expense Settings 212\u003c\/p\u003e \u003cp\u003eAdding a new expense claim 213\u003c\/p\u003e \u003cp\u003eMaking mobile expense claims 215\u003c\/p\u003e \u003cp\u003eSubmitting a claim for approval 217\u003c\/p\u003e \u003cp\u003eReviewing and authorising the claim 217\u003c\/p\u003e \u003cp\u003ePaying the claim 218\u003c\/p\u003e \u003cp\u003eAdding a new mileage claim 219\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Reconciling Your Bank Accounts 221\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePreparing to Reconcile 222\u003c\/p\u003e \u003cp\u003eAutomagically Reconciling Accounts 224\u003c\/p\u003e \u003cp\u003eUnderstanding the hierarchy for matching 225\u003c\/p\u003e \u003cp\u003eAccepting transactions Xero has matched correctly 225\u003c\/p\u003e \u003cp\u003eTweaking Transactions to Reconcile 229\u003c\/p\u003e \u003cp\u003eMatching misfit transactions 229\u003c\/p\u003e \u003cp\u003eCreate 234\u003c\/p\u003e \u003cp\u003eTransfer 235\u003c\/p\u003e \u003cp\u003eDiscuss 235\u003c\/p\u003e \u003cp\u003eReviewing other possible matches 236\u003c\/p\u003e \u003cp\u003eTaking Advantage of Cash Coding 236\u003c\/p\u003e \u003cp\u003eGetting familiar with Cash Coding 237\u003c\/p\u003e \u003cp\u003eUnderstanding bulk coding 238\u003c\/p\u003e \u003cp\u003eViewing Bank Statements 240\u003c\/p\u003e \u003cp\u003eViewing Account Transactions 241\u003c\/p\u003e \u003cp\u003eUsing the Spend Money and Receive Money Options 242\u003c\/p\u003e \u003cp\u003eDirect payment 243\u003c\/p\u003e \u003cp\u003ePrepayment 244\u003c\/p\u003e \u003cp\u003eOverpayment 244\u003c\/p\u003e \u003cp\u003eUnderpayment 244\u003c\/p\u003e \u003cp\u003eProcessing prepayments and overpayments 245\u003c\/p\u003e \u003cp\u003eSearching for a transaction 245\u003c\/p\u003e \u003cp\u003eFixing Errors 246\u003c\/p\u003e \u003cp\u003eResolving the difference between Xero balances and bank balances 247\u003c\/p\u003e \u003cp\u003eUndertaking detailed searches to find and recode transactions 249\u003c\/p\u003e \u003cp\u003eUnreconciling a bank transaction 253\u003c\/p\u003e \u003cp\u003eRemoving and undoing a bank transaction 254\u003c\/p\u003e \u003cp\u003eWhat Happens in Life Happens in Xero 254\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 3: Making the Routine, Routine 257\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Generating Reports 259\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding the Reports Available in Xero 259\u003c\/p\u003e \u003cp\u003eAccessing Xero’s business reports 260\u003c\/p\u003e \u003cp\u003eSelecting your favourite reports 265\u003c\/p\u003e \u003cp\u003eSorting and filtering 266\u003c\/p\u003e \u003cp\u003eCustomising Reports 267\u003c\/p\u003e \u003cp\u003eCustomising report layouts 267\u003c\/p\u003e \u003cp\u003eAdding reporting ‘bling’: Text Blocks and Footnotes 272\u003c\/p\u003e \u003cp\u003eChanging views 274\u003c\/p\u003e \u003cp\u003eUnderstanding Xero’s Different Reporting Options 274\u003c\/p\u003e \u003cp\u003eDraft 274\u003c\/p\u003e \u003cp\u003ePublished 275\u003c\/p\u003e \u003cp\u003eArchived 276\u003c\/p\u003e \u003cp\u003eExporting Reports 276\u003c\/p\u003e \u003cp\u003eAccessing Management Reports 277\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Mastering Your Weekly and Monthly Tasks 279\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eConfirming Accounts are Complete 280\u003c\/p\u003e \u003cp\u003eReconciling Bank Accounts, Credit Card and Online Payment Gateway Accounts 281\u003c\/p\u003e \u003cp\u003eChecking Off the Transactions in Your Clearing Accounts 283\u003c\/p\u003e \u003cp\u003eReconciling Your Consumer Tax Control Account 284\u003c\/p\u003e \u003cp\u003eReviewing Your Business Information 287\u003c\/p\u003e \u003cp\u003eGeneral Ledger Exceptions report 287\u003c\/p\u003e \u003cp\u003eInvoicing 287\u003c\/p\u003e \u003cp\u003eAged Receivables 288\u003c\/p\u003e \u003cp\u003eAged Payables 290\u003c\/p\u003e \u003cp\u003eReporting to Your Tax Authority 291\u003c\/p\u003e \u003cp\u003eAustralian reporting 292\u003c\/p\u003e \u003cp\u003eCanadian reporting 296\u003c\/p\u003e \u003cp\u003eNew Zealand reporting 298\u003c\/p\u003e \u003cp\u003eSingapore reporting 301\u003c\/p\u003e \u003cp\u003eSouth Africa reporting 302\u003c\/p\u003e \u003cp\u003eUS reporting 303\u003c\/p\u003e \u003cp\u003eUK reporting 306\u003c\/p\u003e \u003cp\u003eRecording payments to your tax authority 309\u003c\/p\u003e \u003cp\u003eTaking Advantage of Xero’s Budget Functions 310\u003c\/p\u003e \u003cp\u003eCreating a budget 311\u003c\/p\u003e \u003cp\u003eReviewing and editing your budget 313\u003c\/p\u003e \u003cp\u003eSetting a Period Lock Date 314\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: End of Financial Year Reporting 315\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGetting Ready for the End of the Financial Year 316\u003c\/p\u003e \u003cp\u003eFinding out where you’re at 316\u003c\/p\u003e \u003cp\u003eBeing prepared early 317\u003c\/p\u003e \u003cp\u003eReconciling tax payments for the year 318\u003c\/p\u003e \u003cp\u003eProcessing a bad debt 318\u003c\/p\u003e \u003cp\u003ePreparing Accounts for Your Tax Accountant 319\u003c\/p\u003e \u003cp\u003eHelping with Tax Accountant Tasks 324\u003c\/p\u003e \u003cp\u003eEnabling your tax accountant to work directly in Xero 325\u003c\/p\u003e \u003cp\u003eExporting general ledger transactions 325\u003c\/p\u003e \u003cp\u003eEntering manual journals 326\u003c\/p\u003e \u003cp\u003eSpecial Considerations 329\u003c\/p\u003e \u003cp\u003ePublishing end-of-year reports 329\u003c\/p\u003e \u003cp\u003eLocking down accounts 329\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 4: Getting the Most Out of Xero 331\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: Monitoring Your Business 333\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIdentifying Key Metrics 334\u003c\/p\u003e \u003cp\u003eUsing Xero to set realistic targets and strategies 335\u003c\/p\u003e \u003cp\u003eSetting KPIs and rewarding success 336\u003c\/p\u003e \u003cp\u003eReviewing your business strategy 337\u003c\/p\u003e \u003cp\u003eGenerating Useful Information 338\u003c\/p\u003e \u003cp\u003eTaking advantage of management reports 338\u003c\/p\u003e \u003cp\u003eDelving deeper into the Executive Summary report 341\u003c\/p\u003e \u003cp\u003eAssessing your performance 345\u003c\/p\u003e \u003cp\u003eEvaluating your position 346\u003c\/p\u003e \u003cp\u003eUnpicking the details 346\u003c\/p\u003e \u003cp\u003eCustomising the Management Report 346\u003c\/p\u003e \u003cp\u003eUnravelling the Business Performance dashboard 348\u003c\/p\u003e \u003cp\u003eExploring the Analytics Plus Reports 352\u003c\/p\u003e \u003cp\u003eThe Business Snapshot report 352\u003c\/p\u003e \u003cp\u003eShort Term Cash Flow 353\u003c\/p\u003e \u003cp\u003eUnderstanding Xero’s Tracking Options 354\u003c\/p\u003e \u003cp\u003eUsing Tracking 355\u003c\/p\u003e \u003cp\u003eWorking out what your business should track 355\u003c\/p\u003e \u003cp\u003eSetting up Tracking 356\u003c\/p\u003e \u003cp\u003eEditing, deleting and applying Tracking options 357\u003c\/p\u003e \u003cp\u003eReviewing Tracking reports 358\u003c\/p\u003e \u003cp\u003eTracking conversion balances 359\u003c\/p\u003e \u003cp\u003eMaintaining Budget Control: Budget Manager 361\u003c\/p\u003e \u003cp\u003eExploring Xero Projects 362\u003c\/p\u003e \u003cp\u003eDefining Project Settings 364\u003c\/p\u003e \u003cp\u003eAdding a new Project 365\u003c\/p\u003e \u003cp\u003eAdding a Project Task 367\u003c\/p\u003e \u003cp\u003eAdding a Project Expense 368\u003c\/p\u003e \u003cp\u003eRecording a Time Entry 371\u003c\/p\u003e \u003cp\u003eRaising a Deposit Invoice for a Project 373\u003c\/p\u003e \u003cp\u003eInvoicing billable Tasks \u0026amp; Expenses 374\u003c\/p\u003e \u003cp\u003eRaising a Project Invoice 375\u003c\/p\u003e \u003cp\u003eTracking Project time entries from your mobile device 375\u003c\/p\u003e \u003cp\u003eProject reporting 377\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13: Managing Your Inventory Items 379\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding Inventory Items 380\u003c\/p\u003e \u003cp\u003ePeriodic and perpetual inventory 380\u003c\/p\u003e \u003cp\u003eDefining inventory accounts 381\u003c\/p\u003e \u003cp\u003eSetting Up a Xero Inventory Item 382\u003c\/p\u003e \u003cp\u003eCreating inventory items 382\u003c\/p\u003e \u003cp\u003eImporting and exporting item details and importing opening balances 385\u003c\/p\u003e \u003cp\u003eManaging Inventory Items 385\u003c\/p\u003e \u003cp\u003eMaking use of inventory items reports 385\u003c\/p\u003e \u003cp\u003eSearching for and reviewing inventory items 386\u003c\/p\u003e \u003cp\u003eEditing and deleting inventory items 386\u003c\/p\u003e \u003cp\u003eAdjusting Inventory Balances 388\u003c\/p\u003e \u003cp\u003ePeriodic stocktakes 388\u003c\/p\u003e \u003cp\u003eAdjusting untracked inventory values 389\u003c\/p\u003e \u003cp\u003eAdjusting tracked inventory quantities 390\u003c\/p\u003e \u003cp\u003eAdjusting tracked inventory values 391\u003c\/p\u003e \u003cp\u003eAccessing Online App Solutions 392\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14: Working with Fixed Assets 393\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRecognising Fixed Assets 393\u003c\/p\u003e \u003cp\u003eEntering a fixed asset into the register 394\u003c\/p\u003e \u003cp\u003eDealing with depreciation 401\u003c\/p\u003e \u003cp\u003eTax reporting and asset pooling 403\u003c\/p\u003e \u003cp\u003eSelling or removing a fixed asset from the register 403\u003c\/p\u003e \u003cp\u003eAccessing Fixed Asset Reports 406\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15: Working with Multi-Currency Transactions 409\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSetting Up Multi-Currency in Xero 410\u003c\/p\u003e \u003cp\u003eUpgrading your Xero plan 410\u003c\/p\u003e \u003cp\u003eAdding currencies to Xero 410\u003c\/p\u003e \u003cp\u003eProcessing Multi-Currency Transactions in Xero 412\u003c\/p\u003e \u003cp\u003eUnderstanding tax rates 412\u003c\/p\u003e \u003cp\u003eWorking with foreign currency exchange rates 413\u003c\/p\u003e \u003cp\u003eCreating a foreign currency invoice 413\u003c\/p\u003e \u003cp\u003ePurchasing in a foreign currency 418\u003c\/p\u003e \u003cp\u003eConversion Balances and Multi-Currency Bank Accounts 420\u003c\/p\u003e \u003cp\u003eViewing Reports in Foreign Currency 420\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16: Exploring the Xero Marketplace 423\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWorking with Xero to Xero Networks 424\u003c\/p\u003e \u003cp\u003eUnderstanding the Benefits and Risks of Cloud App Solutions 425\u003c\/p\u003e \u003cp\u003eWhat to look for when choosing an app 425\u003c\/p\u003e \u003cp\u003eAscertaining implementation costs 426\u003c\/p\u003e \u003cp\u003eWorking out if the solution is right for you 427\u003c\/p\u003e \u003cp\u003eLooking at longevity 427\u003c\/p\u003e \u003cp\u003eChecking response times 428\u003c\/p\u003e \u003cp\u003eUnderstanding data usage and security 428\u003c\/p\u003e \u003cp\u003eMaking Use of Online Cloud Integration Specialists 428\u003c\/p\u003e \u003cp\u003eGetting a Feel for Available Solutions 429\u003c\/p\u003e \u003cp\u003eConnectors 430\u003c\/p\u003e \u003cp\u003eCRMs 431\u003c\/p\u003e \u003cp\u003eDebtor tracking 431\u003c\/p\u003e \u003cp\u003ee-commerce 432\u003c\/p\u003e \u003cp\u003eBills and expenses 432\u003c\/p\u003e \u003cp\u003eInventory 432\u003c\/p\u003e \u003cp\u003eJob tracking 433\u003c\/p\u003e \u003cp\u003ePayments 434\u003c\/p\u003e \u003cp\u003eDocuments 434\u003c\/p\u003e \u003cp\u003ePayroll 435\u003c\/p\u003e \u003cp\u003ePoint of sale 435\u003c\/p\u003e \u003cp\u003eFinancial services 436\u003c\/p\u003e \u003cp\u003eTime tracking 436\u003c\/p\u003e \u003cp\u003eReporting 436\u003c\/p\u003e \u003cp\u003eLooking at Custom Integration 437\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 5: the Part of Tens 439\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17: Ten (Plus One!) Tips for Long-Term Success with Xero 441\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEmbrace the Cloud 442\u003c\/p\u003e \u003cp\u003eMake Use of Networking Technology and Apps 442\u003c\/p\u003e \u003cp\u003eExport and Visually Organise Data 442\u003c\/p\u003e \u003cp\u003eSet up Bank Feeds and Reconcile Regularly 443\u003c\/p\u003e \u003cp\u003eUse the Batch Payments Feature 443\u003c\/p\u003e \u003cp\u003eKeep Bank Accounts for Business Use 444\u003c\/p\u003e \u003cp\u003eEmbrace Change 444\u003c\/p\u003e \u003cp\u003eUse Tracking to Enhance Reporting Options 444\u003c\/p\u003e \u003cp\u003eTake Advantage of Repeating Bills and Invoices 445\u003c\/p\u003e \u003cp\u003eCollaborate with Your Xero Advisory Team 445\u003c\/p\u003e \u003cp\u003eEffectively Tap into Online Storage Features 446\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18: Ten Common Mistakes Made in Xero and How to Avoid Them 447\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eNot Making Use of Expert Help 447\u003c\/p\u003e \u003cp\u003eNot Understanding Terminology Differences 448\u003c\/p\u003e \u003cp\u003eMessing Up Bank Reconciliation Autosuggestions 449\u003c\/p\u003e \u003cp\u003eUsing a Communal User Account 449\u003c\/p\u003e \u003cp\u003eNot Deleting Old User Accounts 449\u003c\/p\u003e \u003cp\u003eThinking Your Xero Emails Are Stored 450\u003c\/p\u003e \u003cp\u003eNot Realising the Subscriber Owns and Controls the Data 450\u003c\/p\u003e \u003cp\u003eTrying to Make Xero Do What Your Old System Did 451\u003c\/p\u003e \u003cp\u003eWatching Your Bank Feeds Refresh 451\u003c\/p\u003e \u003cp\u003ePaying Full Price If You’re a NFP 451\u003c\/p\u003e \u003cp\u003eIndex 453\u003c\/p\u003e \u003cp\u003e\u003cb\u003e Heather Smith FCA, FCCA, FICB,\u003c\/b\u003e is obsessed with how effective automation and integration can unlock and produce timely, clean data, to generate information for fast, informed analysis and decision making. She sits at the intersection of accounting, education and content creation; running a virtual management accounting practice, producing the Accounting Apps newsletter, and hosting the Cloud Stories podcast. Connect with HeatherSmithAU on your favourite platforms.\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eGet up and running with Xero in a flash\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWith this popular online accounting platform, you’ll watch your accounts go to Xero—in the best way. With \u003ci\u003eXero For Dummies\u003c\/i\u003e, learn how to set up your Xero account, make the switch from your old software and start using the platform to its full potential. Xero is so user friendly and efficient, you won’t believe how much it can do. You’ll discover how to manage your daily activities, automate routine tasks, prepare informative reports and even manage your inventory. Leverage all the features Xero has to offer and help your business thrive.  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eInside… \u003cul\u003e\n\u003cli\u003eSetup and customisation\u003c\/li\u003e \u003cli\u003eImporting from other software\u003c\/li\u003e \u003cli\u003eManaging your contacts\u003c\/li\u003e \u003cli\u003eReconciling bank accounts\u003c\/li\u003e \u003cli\u003eGenerating accurate reports\u003c\/li\u003e \u003cli\u003eAdvanced tools and operations\u003c\/li\u003e \u003cli\u003eAvoiding common mistakes\u003c\/li\u003e \u003cli\u003eMonitor business activity\u003c\/li\u003e\n\u003c\/ul\u003e\u003c\/b\u003e\u003c\/p\u003e","brand":"For Dummies","offers":[{"title":"Default Title","offer_id":47990513041637,"sku":"NP9780730394617","price":26.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780730394617.jpg?v=1761788131","url":"https:\/\/k12savings.com\/products\/xero-for-dummies-isbn-9780730394617","provider":"K12savings","version":"1.0","type":"link"}