Xero Training | Bookkeeping & Xero Accounting Tutorial for Beginners – 2021

Welcome to episode 2 in our line of Xero tutorials.

Provided to you by Xoba – Chartered Accountants in Preston.

In today’s episode, James takes you through every step you will need to follow when doing your bookkeeping on Xero. Xero is a powerful package, in fact, we strongly believe it is BY FAR the best system for small and medium-sized businesses in the UK. Moving to Xero can completely streamline your accounting and bookkeeping function, allowing you to see the performance of your business like never before. There are some very important steps you need to be aware of when working on Xero and these are laid out very simply in the episode. These are:

1. Recording income (sales invoices)
2. Recording expenditure (bills)
3. Reconciling bank account(s)
4. Error checking

You may already be aware of adding invoices and bills, but where it gets tricky is the reconciling of the bank account(s) correctly. We cover every aspect of this in the tutorial.

Even with the best controls and best intentions, you will find that you make errors. Bookkeeping is a large task and human error is all too easy! That’s why error checking is the ultimate way to ensure your records on Xero are spot on. It’s a very important step and is something 99% of Xero users will not be aware of. Knowing these relatively easy tricks will help you save a huge amount of time in the long run, allow you to gain accurate information from the system, and save money in the long run.

A FREE DOWNLOAD:
Click here to download your free copy of MONTH END CHECKS:

Xero Accounting Tutorial and Free Month End checklist


Month-end checks are part of the error checking step and will help you to stay on top of Xero with ease.

As always, Xoba is available for any Xero queries you might have. So, if you find setting up Xero by yourself is too hard, please do get in touch with us. We’re here to help.

Xoba – Chartered Accountants in Preston:

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23 thoughts on “Xero Training | Bookkeeping & Xero Accounting Tutorial for Beginners – 2021

  1. Hello James. Thank you so much for your videos. I have been greatly helped by it. I have subscribed, so looking forward to more videos. It is a pleasure learning from you.

  2. I’ve just found your tutorial – I’ve been using XERO for a year now but have been self taught and now know so much more than before. I have no accounting or book keeping training so have found your tutorial very useful – Thankyou

    1. Hi there! It covers all the basics to give you the best understanding of how to do the bookkeeping practically. There are other features on Xero for stock and fixed assets, etc, but they are more advanced, so they haven’t been included in this tutorial. If it’s your first time using bookkeeping software like this, then this tutorial will be perfect.

  3. Hey there, thanks for the extremely helpful video.
    In terms of creating the transaction details where there is no match or invoice to match against, would it be advised to find the invoice/receipt later and upload it? Is it safe if you do not have any proof for that particular transaction? This is where I get confused 🙂

    1. Hi Dorina, thank you so much! That’s right, you can either hold off for the receipt, or “create” a transaction if you need to get it reconciled without one. Generally speaking, I would suggest that if you are VAT registered and need evidence of having paid the VAT, wait for the receipt. Otherwise, you are ok to reconcile without.

  4. Have you made comparison between the UK and the NZ versions with respect to their bookkeeping features?

  5. Hello sir, I am ACCA student (7 papers cleared) from India, Are there any work opportunity for me at Zeba firm?

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