UPDATE - After making this video I was approved for the Xero affiliate program. If you'd like to give Xero a try then here is my new affiliate link: xeroamericas.grsm.io/ck90eoq1r6tu
@digital_prosperity50k Жыл бұрын
This was a very quick and thorough overview of Xero. Being an accountant already that uses QB, I feel I could head right into Xero with ease now if I need it for a client. Thank you for this great overview. Your narration was spot on as well for my comprehension.
@RosieRosen42 жыл бұрын
Dude thank you for making a video on Xero! My firm uses it on the regular so this will be very helpful!
@AccountingStuff2 жыл бұрын
No problem Noah! Hope you find it useful :)
@malikadeemsaeed16268 ай бұрын
Brother your way of Teaching is very impressive. 4 years in college < 20 minutes of your videos worth more. Your video is very helpful for us for cracking interviews 😅. ❤ From Pakistan 🇵🇰
@AccountingStuff8 ай бұрын
Thanks for your kind words! All the best :)
@hardsoda2 жыл бұрын
this is what I needed ! Thank you very much
@accountingstuff7625 Жыл бұрын
👆
@louisdardare51492 жыл бұрын
I literally installed it yesterday and had no idea how to use it and then i see this the next day!
@AccountingStuff2 жыл бұрын
Best of luck! Hope it helps :)
@davidmarx58662 жыл бұрын
They are watching you...
@PureMagma6 ай бұрын
@@davidmarx5866 The ultimate example of "Funny... Not Funny" ...😅 It's like knowing that my life partner is 'homely' but it only bothers me when someone points it out. 🙀 😉 😂😂😂😂
@Stevie898ify Жыл бұрын
Appreciate your Kath & Kim references!
@accountingstuff7625 Жыл бұрын
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@benzackry2 жыл бұрын
My company uses Xero to service our clients. It is such a flexible cloud accounting softwares!
@accountingstuff7625 Жыл бұрын
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@xlia88882 жыл бұрын
Great content. Can you do a 'which is better: QB vs Xero" review where you discuss the pros and cons of each to help us decide what to use on our business? Please and thanks!
@accountingstuff7625 Жыл бұрын
👆
@Jonzouz123 Жыл бұрын
Multiple businesses make online subscription services expensive. Would love to hear someone's detailed explanation of pro and con too
@d_range211 Жыл бұрын
Please 🙏. At least a pro and con
@TheMrsMenes Жыл бұрын
Awesome. Every tutorial is just so much more pleasant with a cheerful British accent. 🙂
@AccountingStuff Жыл бұрын
Haha thanks!
@sarahbrigit27392 жыл бұрын
Thankyou, a video on setting up opening balances would be great. That’s is entering an existing business into a new Xero subscription.
@accountingstuff7625 Жыл бұрын
👆
@luluandloft88742 жыл бұрын
Please create more videos and tutorials on Xero especially on creating transactions (with tax rate?) and reconciling. 🙏😆 Thank you!
@accountingstuff7625 Жыл бұрын
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@LeonieSherif2 жыл бұрын
Would love a video on intercompany transactions/ journals between sister/parent companies within Xero 😬
@accountingstuff7625 Жыл бұрын
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@kmadesilva Жыл бұрын
This is very useful. Thanks a lot.
@rekire___2 жыл бұрын
Welcome back, been waiting for your video
@AccountingStuff2 жыл бұрын
Thanks, there's more to come!
@samdrinkall7464 Жыл бұрын
Awesome video James! I'm about up to speed with the Xero basics now - what about a video about understanding the numbers/figures in Xero? I'm looking for a deeper dive into the report functions? The organisation I'm working with makes money on each job but is not turning a profit so i need to use xero to figure it out!
@espiesandiego84472 жыл бұрын
Hi James, thanks for this! Great help!
@accountingstuff7625 Жыл бұрын
👆
@user-of8fc3ej3k Жыл бұрын
Love your video! Can you please do Xero month end process and year end process video?
@JustKamKam2 жыл бұрын
Would love you doing a waveapp tutorial. You have great content. I’m just on another tool.
@accountingstuff7625 Жыл бұрын
👆
@TheGippy302 жыл бұрын
Another great video James, not used this software yet, but I watched your video all the way to the end as you make it exciting
@AccountingStuff2 жыл бұрын
Cheers mate, much appreciated!
@jikangaaru4125 Жыл бұрын
Great content! and I love your channel's name
@accountingstuff7625 Жыл бұрын
👆✍️
@lmwold Жыл бұрын
Thanks for the overview of Xero!
@accountingstuff7625 Жыл бұрын
👆
@corysmith68682 жыл бұрын
more please. you should do a whole course. i love you
@AccountingStuff2 жыл бұрын
Cheers Cory, I'm working on more as we speak
@lee-woodКүн бұрын
Great video!!!
@AccountingStuff22 сағат бұрын
Thanks!
@sodvadiyadhaval9652 Жыл бұрын
Awesome video James....very useful for beginners...we need a more video like this..
@accountingstuff7625 Жыл бұрын
👆✍️
@yousufmohammed57052 жыл бұрын
Welcome back master
@accountingstuff7625 Жыл бұрын
⬆️✍️✍️✍️✍️
@luluandloft88742 жыл бұрын
Oh please do a Xero tutorial on cost of goods sold too! 🙏🙏
@accountingstuff7625 Жыл бұрын
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@MuhammadHussain-mg1qn Жыл бұрын
Please make a video on Sage 50. Your work is truly appreciated. Thanks
@accountingstuff7625 Жыл бұрын
👆✍️
@YourLocalHandyman Жыл бұрын
Do you have a video on how to process a payment to a credit card? I see a bunch of payments that I made back to my credit cards for monthly memberships such as Xero, and for materials purchased for the company. How do these left side items line up on the right side ?
@OthmanAlikhan2 жыл бұрын
Thanks for the video =)
@accountingstuff7625 Жыл бұрын
👆
@jske9 Жыл бұрын
Great explanation! 🙂
@accountingstuff7625 Жыл бұрын
👆✍️
@yolandaosborne1848 Жыл бұрын
Extremely helpful. Will look more into utilizing this software
@eyeidea8 ай бұрын
Thank you, actual use of the actual system
@AccountingStuff8 ай бұрын
You're very welcome :)
@rameshsatguru7834 Жыл бұрын
This is so useful - thank you
@accountingstuff7625 Жыл бұрын
👆
@rameshyadav3910 Жыл бұрын
Wonderful Job! very well and efficiently explained and given the overview of each navigation bar. Thank you
@AccountingStuff Жыл бұрын
Thanks Ramesh!
@monah20302 жыл бұрын
James! Great to see you ! Please come to visit more often 😀
@AccountingStuff2 жыл бұрын
Thanks Mona! I'm working on more as we speak :)
@user-uz1jo2uf3n2 жыл бұрын
Awesome!
@AccountingStuff2 жыл бұрын
Thanks :)
@graghoul26 күн бұрын
extremely usefull thank you
@AccountingStuff25 күн бұрын
That's great to hear thanks!
@alexderkach18619 ай бұрын
Thank you for a great and very informative video.
@AccountingStuff9 ай бұрын
You're very welcome :)
@donproctor3445 Жыл бұрын
So, I receive a check that often includes payment for multiple invoices to the same customer for different jobs. (99% of inv billed to 1 customer ) I've been using QB, which has a receive payment button, just select a customer, and then invoices for that customer and make amount changes. The check is then kept in the deposit balance until I record the deposit. I don't see how it's done in Xero. It appears to go directly into the checking account for each inv. Also, can I import my QB file into Xero? I canceled my subscription to QB because they were screwing me on price and holding me hostage to my software which has now been deactivated by them TOTAL BS! So I need a new system.
@CR250RidR2 жыл бұрын
Yay been waiting for you to a video on Xero. Quickbooks is crap is comparison
@AccountingStuff2 жыл бұрын
Hope it's useful for you!
@CR250RidR2 жыл бұрын
@@AccountingStuff can you please please do a 2-3 hour course? I’ll pay
@cindytran860525 күн бұрын
Thank you. 😊
@AccountingStuff25 күн бұрын
You're welcome! Btw.. I released an updated version of this video today: kzbin.info/www/bejne/nIeyn2B6fMSNsKc
@davidreeve-jones Жыл бұрын
How about doing an A2X video for FBA? If it is as good as this one I'd definitely watch and I'm an accountant so well done and thank you for your clarity of delivery.
@accountingstuff7625 Жыл бұрын
👆
@minhsonvu93788 ай бұрын
Hi. I knew Accounting Stuff 3 years ago, and now I know about this Xero video. This is a fantastic summary. But I wanna dive deeper. Do you recommend any online (and free preferably as I'm broke) courses about Xero I can follow? Thank you so much.
@PJMcInerney5 ай бұрын
Not sure about free xero course but there are loads of free videos out there plus you can ‘trial’ xero for a month without paying anything
@youtuber.96242 жыл бұрын
Hi James, Do you have a video that explains the accounting standards (GAAP & IFRS)? If not, can you make one, please? Thank you.
@AccountingStuff2 жыл бұрын
I haven't made a video on that topic yet. Thanks for suggesting it to me :)
@youtuber.96242 жыл бұрын
@@AccountingStuff Please do. It's very important for us. Thank you.
@headlibrarian19967 ай бұрын
If I’m small enough for Xero to make sense why would I bother with either hideously complex accounting standard? Keep your books according to the tax system you find yourself in.
@LaOvejaSepia2 жыл бұрын
Hey bro, thank you for your amazing content, I'm new in this niche and I'll love to understand the basics. I've a question (could be pretty basic) but I don't quite undertand the difference between the Chart of accounts and the general ledger, can you plese help me with that? Thanks again bro. Blessings and have a wonderful life :)
@accountingstuff7625 Жыл бұрын
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@PJMcInerney Жыл бұрын
The Chart of accounts is just a list of all categories (eg Fixed Assets could be one category) in the Accounting records - it does not include amounts. Transactions are recorded in the General Ledger. Hope that helps
@kathyhaynes21302 жыл бұрын
Can you please do a video on NetSuite?
@accountingstuff7625 Жыл бұрын
👆
@jasilyndavid2710 Жыл бұрын
Wow thank you so.much
@user-lm1eg7xv2l7 ай бұрын
hello, thank you. Is there a way to scan in hard copy invoices rather than manual inputting into contacts/billing
@Tumblishh Жыл бұрын
Hey, this is amazing but is it any different to the Australian Zero? If so, can you state the differences and maybe make a video using the Australian one?
@accountingstuff7625 Жыл бұрын
👆✍️
@PJMcInerney Жыл бұрын
Dont think there is a big difference Alison - of course currency plus tax rates will be different but other than that pretty similar
@headlibrarian19967 ай бұрын
Xero doesn’t support US tax accounting as well as it does Australian. It doesn’t support US MACRS depreciation for example, which is close to but not quite identical with double declining balance.
@TheLoooooolllll2 жыл бұрын
Thank you for your videos. Could you post a tutorial for Clio and Microsoft dynamics
@accountingstuff7625 Жыл бұрын
👆
@pwr19902 жыл бұрын
Would be great to see a QuickBooks vid! 👀
@AccountingStuff2 жыл бұрын
I've made a couple covering QuickBooks already -> kzbin.info/www/bejne/g5Wzl4xqq8iVo80
@Lita1 Жыл бұрын
Interesting I liked this video Accounting Stuff yes!!!!👍😅
@yousufmohammed57052 жыл бұрын
Hey James can you make a video tutorial on how to use a calculator efficiently?
@AccountingStuff2 жыл бұрын
Thanks for your request!
@srinivasvagicharla42292 жыл бұрын
Netsuite please
@AccountingStuff2 жыл бұрын
Thanks for your request!
@1STBUCKLEY Жыл бұрын
Thanks
@waleedalsadig26492 жыл бұрын
Great... From sudan 😍✌️
@AccountingStuff2 жыл бұрын
Thanks Waleed!
@marketbuy6 ай бұрын
How do I transfer my QB to Xero without rebuilding my book? Thx
@abhishekozha85559 ай бұрын
i am using python django,so when i create user there,,will user be created here automatically?? or isnt it possible??
@Warrior369.2 жыл бұрын
Great 👌
@AccountingStuff2 жыл бұрын
You're most welcome :)
@keyneslonely107811 ай бұрын
what is the mean of expense claim feature in xero. there are no such thing in qbo
@salehahx2 жыл бұрын
yo please make a video on types of errors and how to correct the errors using journals and SUSPENSE ACCOUNT, PLEASE!
@accountingstuff7625 Жыл бұрын
👆
@gasturbine101Ай бұрын
Totally baffled! I just use a simple spread sheet but I'm being forced to use Xero :-(
@houseofbusiness8736 Жыл бұрын
Hi Dear! I want to work as an accountant on a Freelancing Platform pls help me to learn how I can learn online accounting software
@PKRPerambra9 ай бұрын
Can you please explain how can I create a Cash in hand Account and withdraw money from bank as a Petty cash and keep in Cash account
@AccountingStuff9 ай бұрын
Thanks for your request!
@PJMcInerney5 ай бұрын
Think best thing to do is set up petty cash as a separate account in same way as you set up Bank account - you can then do transfer from main account to petty cash
@leidysunday59909 ай бұрын
Can you explain Xero to Xero vs eInvoice?
@AccountingStuff9 ай бұрын
Thanks for your request!
@saqibrahman13362 жыл бұрын
Great
@AccountingStuff2 жыл бұрын
Thanks mate!
@yousufmohammed57052 жыл бұрын
Could you make a video on zoho books?
@AccountingStuff2 жыл бұрын
Cheers for your request :)
@FahadHassan932 жыл бұрын
Hi James, pls explain what is means at the Shark Tank, when it says the part of "seeking $500k for a 10% stack".. will be very helpful to understand it, Thanks so much
@FahadHassan932 жыл бұрын
Pls assist to explain it in a video.
@AccountingStuff2 жыл бұрын
Thanks for your request!
@donproctor3445 Жыл бұрын
Is MyBooks software legit?
@JohnJ469 Жыл бұрын
If you want a good program I'd advise finding something else. Support is non existent and it required the usual 2 step authorisation to log in, but you might be waiting hours for that SMS.
@saharahadi5065 Жыл бұрын
Hi, i have a technical question, i was told to set up Auto BAS from Ato under a billing entity for non billing entity in green xero, first i set up BAS job for non billing entity under the billing one ,then went to non billing entity (client) and activate retrieve auto Bas from ATO but the AS was not retrieved could i ask you why? Can you assist me
@Warrior369.2 жыл бұрын
Please make video on TALLY ERP 9
@AccountingStuff2 жыл бұрын
Cheers for your request!
@G.Family.7 ай бұрын
Has James been working out?
@MyOriginalStory Жыл бұрын
hey i need accurate software for next time...
@salehahx2 жыл бұрын
SUSPENSE ACCOUNT, PLEASE 🥺
@accountingstuff7625 Жыл бұрын
👆
@grazstarr Жыл бұрын
Yeah but you don't explain anything... this is like the briefest overview ever. When you enter a bill you just skimmed over the process, you didn't teach anything, the website itself is as explanatory as this video is. There's a drop down called "item" when you enter a bill. You have to choose a number. What's the number for? What number do you put in? You just went past that super fast without explaining anything. Coooooool thanks for the help on how to use xero.
@PJMcInerney5 ай бұрын
If I remember correctly that drop down relates to products / if you have saved some of the more common products you sell you could then find them in drop down list - just saves you time entering them
@preciousannecantaros6038 Жыл бұрын
Hello sorry for interrupting But Jesus died for your sins and he wants you to be with him eternally in heaven, Jesus died for your sins and paid the penalty for your sins. You only have to repent and accept him as your personal Savior and Lord. Romans 10:9 If you declare/confess with your mouth that Jesus is Lord and believing in your whole heart that God raised him from the dead you will be saved. [ Say that loud on your prayer+ repent and Accept Jesus in your heart ]
@accountingstuff7625 Жыл бұрын
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@davemaurmann1232 жыл бұрын
did not like this. I need to see the actual accounting all day long--- AP entry, creating AR invoice, AP payment AR invoicing----this is just all peripheral stuff
@accountingstuff7625 Жыл бұрын
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@ReNeu6028 күн бұрын
will say this app is terrible and there is really no help in this video
@AccountingStuff24 күн бұрын
What don't you like about it?
@ReNeu6024 күн бұрын
@@AccountingStuff How confusing and difficult it is to navigate. Like most videos they seem to rely on a user signing into a bank account which i don't do. In other apps I can enter my expenses and income quickly and access what account to send it to. I tried the app for 2 days and still could not make a transaction. Wave and zoho are much easier. Wave is a bit limited I kinda wish I would have found zoho earlier as it has projects but now I no longer need that. I have used simply accounting and quickbooks back when you installed them. I am not new to book keeping software but I can't get my head around how to use xero.
@UKTonyMagill Жыл бұрын
Thanks for this useful video. I'd like to save it to a playlist for future reference but there's no option to do so - have you turned off the save option? If so, why?
@GoWhereTheToesGo4 ай бұрын
Great video! Thanks! One question about setting up users. Can the business assign access to a bookkeeping service where they can do the bookkeeping but not initiate or move actual funds? Would you have a video on access levels/right? Thanks again.
@annad649611 ай бұрын
Hi there! I really like your videos, We learn a lot, but I have a question, Sometimes you say NO BUENO (Spanish) The question is Do you speak Spanish? That be great if you do, and Please give us videos in Spanish, Believe me, there is not too much info in Spanish. That be great!!
@AccountingStuff11 ай бұрын
I lived in Paraguay when I was younger so picked up some Spanish there
@annad649611 ай бұрын
@@AccountingStuff SO DO YOU SPEAK FLUENT SPANISH?
@AccountingStuff10 ай бұрын
Not anymore. I left when I was 10 years old so haven't had a lot of practice since then@@annad6496