Xero Bank Reconciliation Course

Xero Journal Entries and Bank Reconciliation

We explore a bank statement and enter data for that period as well as the direct debit transactions that aren’t entered as part of the Daily Transactions. We explore ad hoc payments for director wages, as well as a capital purchase of a vehicle and depreciation of that vehicle, plus alternatives like leasing or second hand car purchase under $20,000. You’ll perform a bank reconciliation that doesn’t balance and then go through the entries to sort out the issues and mis-typing that happens in most businesses.

  • Entering and coding direct debits, 
  • Interest payments and charges
  • Coding capital purchases
  • Understanding depreciation 
  • International credit card payments and charges
  • Basic Payroll entries for micro businesses
  • Loans to and from the company
  • Experience a bank rec which doesn’t balance
  • Rectify entries to complete the bank rec

See what’s included in the Xero Bookkeeping Course Packages

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