This course is the second in a series of classes covering Xero 2023 comprehensively. Our major focus will be on generating financial statement reports provided by the Xero accounting software.

We will discuss the relationship between most subsidiary financial reports and the main financial statement reports—the balance sheet and income statement.

Explore vital subsidiary reports that provide granular detail, enabling you to:

• Manage Accounts Receivable and Payable with aging reports.
• Navigate complex Payroll and 1099 reporting obligations.
• Track Inventory effectively and understand related reports.
• Analyze cash flow with the Statement of Cash Flows.
• Utilize Transaction and Trial Balance reports for detailed review and verification.

Develop practical skills in customizing reports directly within Xero and leveraging its powerful export features. Learn how to efficiently save, organize, print, and export reports (including to Excel for advanced presentation), and even transform raw data into compelling visual graphs (like pie and bar charts) to communicate financial information clearly.

By the end of this course, you will be equipped to confidently generate, analyze, and present a comprehensive suite of Xero reports, becoming an indispensable resource for effective financial management and strategic decision-making.