Introduction to Accounting with Xero

Learn the basic principles of bookkeeping and accounting while learning to use Xero

Xero accounting software has become the most important Cloud Accounting software available, and is widely used by businesses, not-for-profits and a range of other organisations. With more than 1 million subscribers and growing, Xero is the de-facto standards for cloud computing. This is a hands-on course during which students will work through realistic examples of transactions and learn how these transactions impact on an organisations accounts.

This training course has two functions - 1. introducing Xero, and 1. introducing basic accounting functions. Attendees will complete the course understanding and being able to undertake basic bookkeeping and accounting on Xero.

Who is this Course for?

This programme is for anybody who has recently taken on Xero and needs a crash course on how they can use it, and will particularly benefit those who are also new to finance.

What will you Learn?

Participants will obtain the knowledge and skills to be able to begin a bookkeeping or accounting role using Xero. They will also learn the basics of bookkeeping and accounting as it applies to their bookkeeping role. This course is sufficient to get you up-and-running on Xero, but will not turn you into an expert overnight.

This course is a "hands-on" course, participants will be using Xero from the minute the course starts. Participants will work through realistic case studies and will learn what they will need to know as they are doing it.

At the end of the Programme you participants will be able to:

  • Understand Basic Finance: Show More
    • Differentiate between an "Asset", a "Liability", "Income", and "Expenditure"
    • Know the use of the profit and loss account, the balance sheet and the cash flow statement
    • Understand VAT and how it is dealt with
  • Xero - Overview and Getting Started: Show More
    • Logging in and getting started
    • The dashboard
    • Adding your first Purchase on Xero
    • Adding your first Sale on Xero
    • Adding payments received and payments made
    • Bank reconciliation
  • Xero - Slightly more Advanced Tasks: Show More
    • Some basic set-up - Properly identifying VAT rates
    • Creating new materials and expense types in Xero
    • Importing customers and materials types from other accounts packages
  • Xero - The Next Steps: Show More
    • App integration
    • Creating and distributing basic reports
    • Tailoring Xero for more specific needs

Delivery and Fees

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  1. This programme is delivered as an in house programme over 1 day
  2. Delivery is charged on a "per-day" basis. Our current fee is €1,500 per day for up to 15 attendees
  3. A fee may be charged if the client required a comprehensively tailored programme
  4. The training facility will be supplied and paid for by the client. Staff of the Institute of Finance Training will be available to help with the software set-up
  5. Programme Fees are not subject to VAT


Programme Facilitator

Richard O'Callaghan FCPFA ACMA AIPA

Xero Certified Advisor

Richard is Director of Training with the IFT. He was previously the Chief Executive of a Recognised Accountancy Body and is currently delivering a range of finance programmes for DIT, IADT, BIFE, Accounting Technicians Ireland, Public Affairs Ireland, and the Department of Public Expenditure and Reform.

He is a Fellow of the Chartered Institute of Public Finance and Accountancy and is a Member of the Chartered Institute of Management Accountants and of the Institute of Incorporated Public Accountants. He also has a very strong information technology background, and has been particularly interested in the intersection between finance and information technology throughout his career.

He has been running finance and business skills courses for more than 18 years.