Xero accounting software beginners guide (xero crash course) Part 3 - Purchase Invoices & Expenses

[@sydneylocale]

Hi great video! I had a question about the products and services tab. If the businesses sales are usually earned via physical markets or ecommerce channels and not via invoices or purchase orders, how should they go about putting inventory items in and marking them as sold. For either the tracked or untracked option, how do you mark the item as sold or make it come up on the profit/loss/income statement that these certain items have sold. Hope that makes sense! Thanks :)

[@RebeccasFinanceTutorials]

Yes that makes sense and it would be best if I pulled through a video on stock here for you to explain this

[@carinaelizabethsaylatz803]

Is there another's link after part 3?😮

[@RebeccasFinanceTutorials]

There is this video which you may not have seen: kzbin.info/www/bejne/bnepgHVphaikpdE if there is anything else on Xero that you think would be beneficial just let me know and I can pull another video together

[@business-advice-that-works]

I have a balance sheet related question. Are the amounts on a balance sheet listed in thousands, hundreds, or tens? Example, if the balance sheet reads 12,397, would that actually be 12,397,000 pounds? Or is every balance sheet different? If so, how can you tell what increments are being used?

[@RebeccasFinanceTutorials]

Hi Brian yes see my below comment x

[@business-advice-that-works]

@@RebeccasFinanceTutorials you rock!