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Ab2 Institute of Accounting logo
  • Home
  • Company
    • About Us
    • The Ab2 Difference
  • Our Courses
    • Accounting & Bookkeeping
      • Accounting Pro: EQ and Ethics
      • Advanced Accounting
        Principles Skill Set
      • ASIC Registered Agent
      • BAS Agent Skill Set
      • Certificate III in Accounts Administration
      • Certificate IV in Accounting and Bookkeeping
      • Data and Cyber Security
      • Diploma of Accounting
      • Diploma of Payroll Services
      • Introduction to Accounting
      • Introduction to Bookkeeping
      • SMSF Foundations
    • Accounting Software
      • Xero Courses
        • Certificate in Xero Basic
        • Certificate in Xero Advanced
        • Certificate in Xero Payroll
        • Certificate in Xero Practice Manager
        • Certificate in Xero Tax: Accounting Principles
      • MYOB Courses
        • Certificate in MYOB Essentials Basic
        • Certificate in MYOB Essentials Advanced 
        • Certificate in MYOB Essentials Payroll  
      • QuickBooks Courses
        • Certificate in QuickBooks Basics
        • Certificate in QuickBooks Advanced
        • Certificate in QuickBooks Payroll
    • Client Service & Administration
      • Corporate Secretarial Essentials
    • Professional Development Plans
    • Success Skills
      • Communicating with Influence
      • Critical Thinking
      • Customer Centric Mindset
      • Developing a Commercial Mindset
      • Effective Teamwork
      • Mastering the Digital Workplace
      • Maximising Your Well-Being and Resilience
      • Mental Fitness
      • Personal Effectiveness & Time Management
      • Virtual Presentation Skills
      • Working in a Remote Team
    • Leadership And People Management
      • Emerging Leaders
      • Lead the Firm
      • Leadership Excellence
      • Effective Offshoring
    • Tax Training
      • Tax Agent Certification
  • Blog
  • Contact Us

Certificate in Xero Advanced

Certificate in Xero Advanced

Just because it’s simple doesn’t mean we can’t get technical. Designed for those who wish to kick their existing Xero proficiency up a notch, the Certificate in Xero Advanced accelerates your abilities with more than a few lesser-known tricks in accounts management, invoice cycling, compliant reporting, and more.

  • Advance your Xero skills on an unprecedented level
  • Create important inventories, multicurrency transactions and more
  • Manage advanced sales and purchases, get into working with advisory tools and Xero projects

The Certificate in Xero Advanced is perfect for:

  • Business owners keen on increasing their Xero knowledge
  • Those wanting to get into a bookkeeping or accounting career and increase their understanding of accounting concepts applied in Xero
  • Those looking to achieve a Xero certification alongside expert knowledge of the software

Details

Price: USD$499

Course Duration: Approximately 2 hours to complete

Access Time: 6 months from enrollment

We’re ready when you are:
Start any time with flexible learning hours and fully remote modules

Ab² students enjoy:

  • Deep industry connections to future-proof your career
  • Course development and teaching by real-world industry leaders, not academics
  • Unrivaled student support by specialists who only serve the accounting industry
  • Free student membership with accounting and bookkeeping industry bodies
  • 100% flexible – Study online, anytime, anywhere, on any device

Meet your modules

Our course has been custom-built by industry experts with decades of real-world, practical experience and knowledge. This will give you top-notch skills and understanding, making you job-ready the moment you graduate.
Module 1: Advanced Settings
  • Find and recode
  • Manual journals
  • Fixed assets
  • Assurance dashboard
  • Export accounting data
  • History and notes
  • Financial settings
  • Chart of accounts
  • Tax rates
  • Fixed asset settings
  • Tracking categories
  • Conversion balances
Module 2: Advanced Tools
  • Manual journal entries
  • Overview of entries screen
  • Creating manual journal entries
  • Deleting and voiding entries
  • Archiving journal entries
  • Editing journal entries
  • Copying journal entries
  • Creating repeating journal entries
  • Posting a cash-only entry
  • Importing journal entries
  • Using Find & Recode
  • Queries
  • Recoding
  • Viewing recoding history
Module 3: Advanced Banking
  • Checks
  • Prepayments
  • Deposits in Advance
  • Split payments
  • Setting up bank rules
  • Cash Coding
  • Resolving bank reconciliation errors
Module 4: Advanced Sales and Purchases
  • Prepayments
  • Deposits in Advance
  • Deposits for invoices
  • Make Payment and Schedule Payments for Bills
  • Managing the sales and purchases
  • Credit notes
  • Bad debts
  • Resolving errors in sales and purchases
Module 5: Advanced Reporting

Financial Performance

  • Budget Manager
  • Budget Summary
  • Budget Variance
  • Business Performance
  • Cash Summary
  • Executive Summary
  • Tracking Summary

 

Financial Statements

  • Balance Sheet
  • Depreciation Schedule
  • Disposal Schedule
  • Fixed Asset Reconciliation
  • Income Statement
  • Management Report
  • Statement of Owner’s Equity
  • Year-End Reports

 

Payables and receivables

  • Aged Payables Detail
  • Aged Payables Summary
  • Aged Receivables Detail
  • Aged Receivables Summary
  • Billable Expenses – Outstanding
  • Contact Transactions – Summary
  • Expense Claim Detail
  • Income and Expense by Contact
  • Payable Invoice Detail
  • Payable Invoice Summary
  • Receivable Income Detail
  • Receivable Invoice Summary

 

Projects

  • Detailed Time
  • Project Details
  • Project Financials
  • Project Summary

 

Reconciliations

  • Account Summary
  • Bank Reconciliation Summary
  • Bank Summary
  • Cash Validation Customer Report
  • Inventory Item List
  • Reconciliation Reports
  • Uncoded Statement Lines

 

Taxes and balances

  • 1099 Report
  • Foreign Currency Gains and Losses
  • General Ledger
  • Journal Report
  • Sales Tax Report
  • Trial Balance

 

Transactions

  • Account Transactions
  • Detailed Account Transactions
  • Duplicate Statement Lines
  • Inventory Item Details
  • Inventory Item Summary
  • Sales by Item
Module 6: Inventory
  • What is inventory?
  • Types of inventories
  • Tracked and Untracked Inventory
  • Setting up Inventory
  • Creating an inventory
  • Manually
  • Importing
  • Creating a bill with inventory
  • Creating an invoice with inventory
  • Inventory Reports
  • Connecting with an inventory application
Module 7: Fixed Assets
  • Set up fixed assets
  • Set up asset type
  • Add assets
  • Importing assets
  • Manage assets
  • Copy assets
  • Sell or dispose
  • Depreciation
  • How calculated
  • Run depreciation
  • Rollback depreciation
  • Depreciation over multiple months
  • Reports
Module 8: Multicurrency
  • Creating foreign currency transactions
Module 9: Advisory Tools
  • Short term cash flow
  • Business snapshot
  • Business performance
  • Budget Manager
  • Creating a budget in Xero
  • Creating sub-budget
Module 10: Xero Expenses
  • Setting up Xero expenses
  • Reimbursable vs. non-reimbursable
  • Submitting expense claims
  • Submitting mileage claims
  • Paying claims
  • Understanding the company’s expense claims
Module 11: Xero Projects
  • Setting up Xero projects
  • Overview of dashboard
  • Creating a project
  • Creating a quote for a project
  • Adding time
  • Adding expenses
  • Invoicing projects
  • Viewing reports
  • Profitability dashboard

Ready to hit the books?

To submit your application, please click the enroll button below.

Enroll Now

To find out more about the Certificate in Xero Advanced qualification and short course, please fill out our contact sheet below.

Our Training

  • Accounting & Bookkeeping
  • Client Service & Administration
  • Success Skills
  • Leadership And People Management
  • Software
  • Tax Training
  • Professional Development Plans
  • Accounting & Bookkeeping
  • Client Service & Administration
  • Success Skills
  • Leadership And People Management
  • Software
  • Tax Training
  • Professional Development Plans

Career stages

  • The Newcomer
  • The Career Changer
  • The Self Improver
  • The Firm Owner
  • The Team Builder
  • The Newcomer
  • The Career Changer
  • The Self Improver
  • The Firm Owner
  • The Team Builder

Company

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Get In Touch

Level 12
36 Marine Parade
Southport QLD 4215

  • Phone: 1300 128 943
  • Phone: 1300 128 943
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