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Daily Takings - The Simple Way

Self-paced learning
Launch course

2 Advisor credits

Free

Learning objectives

  • User Xero to manage a simple retail business.
  • Record daily takings and cash based purchases in Xero.
  • Reconcile your daily takings in the Xero bank reconciliation.

Course outline

    • Introduction to case study
    • How to gather daily takings information
    • Reconciling transactions in the bank account
    • Use tracking categories to add information
    • Deal with credit card fee adjustments
    • Use cash coding to speed up reconciliations
    • Use bank rules to automate reconcilations
    • Conclusion

Topics covered

  • Bank
  • Invoicing

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