Xero for Dummies

by Heather Smith

Need to get the most out of the world's simplest accounting software? Easy.

Xero has revolutionised the world of accounting software. Completely cloud-based, it lets small business owners monitor their finances in real time and promises to reduce the need for endless back-ups, data entry and software upgrades.

Xero For Dummies gives readers a user-friendly, in-depth understanding of how the software works and shows them how to use it efficiently, effectively, and strategically. This plain-English guide leads readers through the basics of setting up an accounting system to detailed operations, letting users maximise revenue, profits, and cash flow. Xero For Dummies offers in-depth guidance on such topics as switching over from another accounting software, setting up customers and suppliers, dealing with multi-currency transactions, using Xero's dashboards and robust reporting capabilities, and more.

An essential guide for anyone who wants to get the most out of this super-simple, super-effective accounting software The only guide on the market endorsed by Xero Perfect for small business owners and freelance workers with no experience using accounting software

When it comes to balancing the books, small business owners and entrepreneurs need all the help they can get. Xero For Dummies is the quick and easy way to master the world's simplest accounting software.

400 pages, Kindle Edition

First published August 12, 2013

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Reviews

[David Roberts · Rating 5 out of 5]

The book I read to research this post was Xero For Dummies which is an excellent book which I read at http://safaribooksonline.com. Xero is a cloud based online accounting software. You have to pay a subscription and it connects to yours and your client's bank accounts. In this way it helps give you peace of mind about payment and sending out invoices. It makes the whole billing process more simple and you can tell quite simply how much you are owed and by whom. This program works in conjunction with skype so you can communicate and process client's requests. It is available in quite a few different countries and corresponding currencies. The currency you pay in must be the currency in that country. This online software is simpler to use than more established accounting software like Sage & MYOB. You can migrate from software such as these and many of these companies have there own cloud version of their software. Accountants tend to specialize in a particular field such as tax accounting or management accounting and this kind of thing is supported by Xero. If you have an account in Britain you are expected to provide a sort code and account number and the specific financial information varies from country to country. The website for Xero is http://xero.com. In addition there are varies add ons for Xero to help you in your work. I think this is an interesting with lots of tutorials in the book about how to use the software. It does seem fairly easy to use and one particularly good feature is it will generate any of a wide range of reports which seem to cover most eventualities. I did really enjoy reading this book and think it deserves a wider readership. I think for most companies it is a godsend.

[Joanne Nock · Rating 4 out of 5]

Been using Xero for a few years but a handy guide for tips and shortcuts.