Start Your Own Business – Xero Course Guide

This course takes you through the key steps of starting a business, from selecting and registering a name to choosing the right structure and meeting compliance requirements. You’ll learn about legal and tax obligations, strategies for identifying and reaching your target market, and how to set prices while assessing start-up financial needs. The course also covers the essential ongoing reporting requirements to ensure your business remains compliant.

This course introduces you to the main types of businesses, their structures, and their core functions. You’ll learn what defines a business, explore the different business types, and understand the roles they play in the economy.

This course guides you through the essential steps of planning a business, from shaping your idea and setting measurable goals to creating a detailed business plan. You’ll explore each key section of a plan, including products or services, target market, operations, and finances, and learn how to use it as a practical tool for decision-making and adapting as your business develops.

This course provides an introduction to the main business types and structures, and will include but not be limited to the definition of a business, the various business types, how they are structured and their functions.

This course will provide an introduction and basic overview of accounting and how it is used within a business. It will include but not be limited to the definition of accounting, the function of accounting equation and a look at a range of accounts and how they are classified.

This course will provide an introduction to a range of business transactions and will include but not be limited to the definitions of key words within various transactions, identifying what an invoice is, and the importance of keeping business transaction records.

This course will take a close look at accounts and their definitions, including but not limited to the expanding accounting equation, definitions for a range of accounts and their classifications, as well as the calculation for Owner’s Equity closing balance.

This course will provide an introduction to how different business transactions affect accounts, including but not limited to identifying accounts as debit or credit accounts, recognising if a debit or credit transaction increases or decreases an account, and identifying what accounts make up a Balance Sheet.

This course will provide an introduction to Financial Statements and their importance to a business, and will include but not be limited to identifying what Financial Statements are, the function of the Trial Balance, and the function of the Balance Sheet and Income Statement.

This course provides a basic overview of Goods & Services Tax (GST), including but not limited to the meaning of GST, identifying items that GST does not apply to, and identifying the difference between Invoice and Payments accounting basis.

This course will provide an introduction and basic overview of Xero, including but not limited to the benefits of using Xero and cloud computing, the system requirements for Xero, and how to navigate the Xero Dashboard.

This course will provide an introduction to the Chart of Accounts in Xero and will include but not be limited to the process of accessing the Chart of Accounts, adding new accounts, account classifications and their code ranges, as well as the process that the Xero program applies for tax settings.

This course will provide an introduction to managing contacts in Xero, and will include but not be limited to the process for creating new customers, suppliers and employees in Xero, how to import and export contacts, as well as the process for archiving contacts.

This course will take a look at Xero invoicing, sales, quotes and inventory, including but not limited to the different invoice types available in Xero, customer statements, inventory, and how to create invoices, repeating invoices, quotes and credit notes.

This course will provide an introduction to working with purchases and bills in Xero, including but not limited to the process for managing bills, repeating bills and credit notes in Xero, how to perform batch payments and send remittance advice.

This course will take a look at bank reconciliation in Xero, and will include but not be limited to the process of bank feeds in Xero, how overpayments and prepayments work, and the various bank reconciliation options.

This course will provide an introduction to the Xero Report Centre, and will look at how to generate and view interactive reports in Xero, how to customise, publish and export reports, and the process of creating GST reports and filing a GST return.

This course will provide an introduction to Xero’s add-ons and apps, and will include but not be limited to an overview of four Xero add-ons built and owned by Xero and a look at the Xero App Marketplace.

Get a clear plan and strategy to hit your marketing goals.

Use tools like ChatGPT, Canva AI, and more to create content that grabs attention.

Run search, shopping, display and YouTube ads that get results

Reach the right audience with high-impact ads.

Turn more leads into customers with smart tweaks.