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Chart of Accounts
With desktop accounting software, accountants and their clients typically work from separate systems and separate ledgers – even for the same business! Now with Xero’s single ledger, both accountants and their clients can access the same set of data in the cloud for a real-time view of the business financials. This video tutorial takes a closer look at the backbone of the single ledger in Xero – the Chart of Accounts.
The Chart of Accounts is the backbone to recording your financial informations – so a well-thought out chart is the key to quality. This video tutorial shows you how to create detailed reports of your business activity using report grouping and tracking categories.
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