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Efficient Accounting with Xero

You're reading from   Efficient Accounting with Xero The definitive guide to optimizing your accounting with proven techniques and best practices

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Product type Paperback
Published in Apr 2023
Publisher Packt
ISBN-13 9781801812207
Length 306 pages
Edition 1st Edition
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Author (1):
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Jay Kimelman Jay Kimelman
Author Profile Icon Jay Kimelman
Jay Kimelman
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Table of Contents (27) Chapters Close

Preface 1. Part 1: Hitting the Ground Running
2. Chapter 1: Xero Basics – Subscriptions and When to Use Them FREE CHAPTER 3. Chapter 2: Exploring Bank Feeds – the Heart of Xero 4. Chapter 3: Setting Up Your Organization’s Financial Settings in Xero 5. Chapter 4: Restarting with the Fresh Start Method 6. Chapter 5: Conversion to Xero Made Easy 7. Part 2: Handling the Day-to-Day Processes
8. Chapter 6: Recording and Reconciling the Bank 9. Chapter 7: Invoicing and the Sales Process 10. Chapter 8: Managing Bills and Purchases with Procure-to-Pay in Xero 11. Chapter 9: Using Xero on the Go 12. Part 3: Closing Out the Accounting Period
13. Chapter 10: Managing Fixed Assets in Xero 14. Chapter 11: All You Need to Know about Manual Journals in Xero 15. Chapter 12: Correct Your Mistakes with Find and Recode 16. Part 4: Reporting – Knowing About the Performance of Your Business (KPIs)
17. Chapter 13: Running and Customizing Basic Reports in Xero 18. Chapter 14: Business Analytics with Business Snapshot and Short-Term Cash Flow 19. Chapter 15: Creating Custom Reports in Xero Using the layout editor 20. Part 5: For the Advisor
21. Chapter 16: Run Your Practice with Xero HQ 22. Chapter 17: Exploring Practice-Wide Report Templates 23. Chapter 18: Exporting Your Data and Reports Out of Xero 24. Chapter 19: Increasing Your Powers with Apps and Xero 25. Index 26. Other Books You May Enjoy

Other settings that require attention

So far, we have looked at the two main settings required to get a Xero company up and running. Let’s look at the others you should address at this point.

Organizational details

Organizational details allow you to add things such as your business name, logo, social media, and website details to your Xero company. If you are going to be sending invoices, quotes, and even purchase orders, this is a must-do.

In that case, you should include these details in your online documents. At the top of the screen is a box asking whether you want to share these details on your online invoices. Of course, you do. Go ahead and click On if that is what you wish:

Figure 3.15: Online invoice information selector

Figure 3.15: Online invoice information selector

This will add a checkbox to the right of each item to allow you to choose what is included in those invoices:

Figure 3.16: The Contact Details input page

Figure 3.16: The Contact Details input page

On this page, you will add...

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