Xero For Dummies, 2nd Edition

by Heather Smith

Master Xero in a flash to streamline accounting and manage more effectively Xero For Dummies is a user-friendly guide to the accounting software that's revolutionising the industry. Whether you're setting up Xero from scratch, converting to Xero from another accounting software, or just want to get more out of Xero, this book provides an in-depth understanding of how the software works, and how to use it to manage your business more effectively. This second edition has been updated to cover the new and improved features, including better file storage, purchase order, and report generation, extended coverage of the Xero add-on ecosystem, and more, with all new screenshots that show you exactly what to do. You'll learn how to automatically import and code bank transactions, set up accounts, customers, and suppliers, synchronise data, and generate reports that give you the information you need to manage your business more effectively. Xero has changed the game in the accounting software industry. Their completely cloud-based single ledger system allows business owners to monitor their financial position in real time, and eliminates the need for endless data entry, backups, and software upgrades. Xero For Dummies is the only Xero-endorsed guide to getting the most out of the software, walking you through the basics to advanced use. From setting up your accounting system through to more detailed operational usage, this book contains tried-and-tested techniques that will help you optimise revenue, profits, and cash flow. Xero can streamline your accounting process and help you be a better manager — to wield it effectively, Xero For Dummies is the complete, informative guide you need.

408 pages, Paperback

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.