Learn the main features of Xero and understand how to utilise them to make best use of the software. This video looks beyond the basics and explains how to reconcile part payments from customers and payments or receipts made in advance.
Watch the video first, then click to begin Exercise 9.
Use the Demo Company to practice what you've seen and increase your knowledge of Bank Reconciliation
In this exercise, you'll learn:
1. How to use the Prepayment function to deal with a receipt from a customer (or a payment to a supplier) made in advance;
2. How to deal with a part payment received from a customer
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