Budgeted Income Statement Export to Excel & Modify Part 1 11120 Xero 2022 -2023

Welcome back to our blog series on navigating Xero’s accounting software! In our previous post, we set up a custom zero homepage and explored the company file’s functionalities. Today, we’ll delve into the exciting process of creating a budget using Xero’s Trial Balance feature.

(more…)

Bank Rules – Split Expense Into Two Accounts & Tracking Categories 670

In the world of accounting, managing expenses efficiently is crucial for businesses to maintain financial health and make informed decisions. Xero, a powerful cloud-based accounting software, provides advanced tools to help accountants and business owners streamline their expense tracking. In this blog, we’ll explore how to split expenses into two accounts and utilize tracking categories in Xero accounting software as of 2023. These techniques can be beneficial for businesses with multiple locations or organizations that need detailed expense categorization. (more…)

Reports-Month Two-Save as PDF, Export to Excel, & Management Report 8421 QuickBooks Online 2023

Welcome back to our QuickBooks Online 2023 journey! In our previous presentations, we explored the basics of QuickBooks Online and set up our month-end reports. Now, it’s time to take our reporting skills to the next level and learn how to save these reports as PDFs, export them to Excel, and even create a comprehensive management report. By mastering these techniques, you’ll be better equipped to provide valuable financial insights to your clients or management.

(more…)

Enter Transaction For Owner Withdrawal or Personal Payment Using Bank Feeds 390 Xero 2022 -2023

Welcome to our journey to becoming an accounting hero with Xero Accounting Software in 2023. In this blog post, we will explore how to enter transactions for owner withdrawals or personal payments using bank feeds. By mastering this process, you’ll be able to efficiently manage your accounting system and ensure accurate financial records for your business.

(more…)

Credit Card Reconciliation Month Two 480 Xero 2022 -2023

Welcome to our blog on credit card reconciliation using the powerful Xero accounting software in 2023. Aspiring accountants and finance enthusiasts, get ready to delve into the world of seamless bank reconciliations and how to handle credit card transactions like a pro!

(more…)

Budgeted Income Statement Data Input 11140 Xero 2022 -2023

Welcome to your custom Xero homepage! Today, we’ll guide you through the process of inputting your budgeted income statement data into Xero for the year 2023. By doing this, you’ll be able to make informed financial decisions and run comparative reports as the year progresses.

(more…)

Delete General Ledger Account or Make Inactive 308 QuickBooks Online 2023

Welcome to our blog on getting started with QuickBooks Online 2023! In this post, we’ll walk you through the process of deleting or making inactive general ledger accounts and provide an overview of the QuickBooks Online interface. So, if you’re ready to start moving on up with QuickBooks Online 2023, let’s dive in!

(more…)

11120 Budgeted Income Statement Export to Excel & Modify Part 1

In this blog post, we will guide you through the process of creating a budgeted income statement for the year 2023 using Xero accounting software. To do this, we’ll first export the necessary data into Excel and then modify it to suit our needs. Let’s get started! (more…)

Adjusting Entry Depreciation 10380 QuickBooks Online 2023

Welcome back to our QuickBooks Online 2023 journey! In this blog post, we’ll be discussing adjusting entry depreciation and how to handle fixed assets in your QuickBooks file. As we dive into this topic, keep in mind that the process for handling fixed assets involves some complexities, including tax consequences. We’ll explore the importance of accurate bookkeeping and working with tax professionals to ensure smooth financial management.

(more…)

Create Invoices Using Billable Time Receive Payment & Make Deposit 8322 QuickBooks Online 2023

Welcome back to our QuickBooks Online journey in 2023! In our previous session, we entered billable time for our guitar instructors. Now, it’s time to invoice our customers for the lessons provided and learn how to receive payments. Let’s dive in!

(more…)