Summary
We covered a lot of material in this chapter. The required settings we covered include setting up your COA, tracking categories, financial settings, and even adding a user. Completing this setup gives you the foundation for your new Xero company so that you are ready to start processing transactions. We will cover the remaining settings that you can see in the menu in detail as we address the subjects they specifically affect later in this book.
In the next chapter, we will look at the settings and configurations you must complete for your organization to get the most out of Xero and set yourself and your company up for success.
