Xero for Beginners

In this 2026 beginner-friendly tutorial, I’ll walk you step-by-step through everything you need to know to get started with Xero, including setting up your dashboard, customizing your chart of accounts, adding tracking categories, creating invoices, managing bills, connecting bank accounts, and exploring Xero’s most powerful reporting tools. 👇 Get started with Xero using our special offer, at the time of filming, for 90% off your first six months*: https://referrals.xero.com/ultimatexero In this video, you’ll learn how to: • Set up your Xero account from scratch • How to tailor Xero for property management, including tracking rent, owner payouts, and security deposits • Customize your Chart of Accounts • How to use Tracking Categories to monitor profit & loss by property, store location, or service provider • How to create invoice templates, recurring invoices, and product/service lists • How to upload bills, track expenses, and connect bank accounts for automatic reconciliation Xero is an all-in-one online accounting platform built to save small business owners time, reduce errors, and automate tedious financial tasks. If you’ve been looking for a simple explanation of how to set up Xero from scratch, this video is for you! Host: Elizabeth Parker Sponsor: Xero #xero #smallbusinessaccounting #accountingsoftware ⌚ TIMESTAMPS 00:00 - Introduction 00:16 - Get Started with Xero 02:36 - Exploring the Navigation Bar 04:21 - Chart of Accounts 05:37 - Tracking Categories 06:28 - Adding Contacts 06:50 - Creating Invoices 08:17 - Bills 08:57 - Bank Reconciliation 09:25 - Setting-up Multiple Bank Accounts 09:36 - Reports 10:05 - Sharing Data w/ Users 10:23 - Xero Plans & Pricing 10:56 - Wrap-up *Terms & Conditions Apply 📩 NEWSLETTER - Get the latest high-quality tutorial and tips and tricks videos emailed to your inbox each week: https://newsletter.kevinstratvert.com 🔽 CONNECT WITH ME - Official website: http://www.kevinstratvert.com - LinkedIn: https://www.linkedin.com/in/kevinstratvert/ - Discord: https://bit.ly/KevinStratvertDiscord - Twitter: https://twitter.com/kevstrat - Facebook: https://www.facebook.com/Kevin-Stratvert-101912218227818 - TikTok: https://www.tiktok.com/@kevinstratvert - Instagram: https://www.instagram.com/kevinstratvert/ 🎁 TOOLS AND DISCOUNTS ✅ 🎙️ Voicemod AI Voice Changer | 5% off | https://link.xsolla.com/KZBi89AY ✅ 🌐 Squarespace Websites | https://squarespace.syuh.net/XYaqYM ✅ 🛍️ Shopify | https://shopify.pxf.io/XY9rPa ✅ 📋 Notion | https://affiliate.notion.so/rffva4tr71ax ✅ 🤖 ElevenLabs Text-to-Speech | https://try.elevenlabs.io/taqepq60mptr ✅ 💵 Quickbooks Online | https://bit.ly/intuitquickbooksonline ✅ 👥 Hubspot | https://hubspot.sjv.io/DKo6jb ✅ 📈 Semrush | https://bit.ly/semrush14dayfreetrial ✅ 🎥 Descript | https://get.descript.com/sf22jb63w2tx 🎒 MY COURSES - Go from Excel novice to data analysis ninja in just 2 hours: https://kevinstratvert.thinkific.com/ 🙏 REQUEST VIDEOS https://forms.gle/BDrTNUoxheEoMLGt5 🔔 SUBSCRIBE ON YOUTUBE https://www.youtube.com/user/kevlers?sub_confirmation=1 🙌 SUPPORT THE CHANNEL - Hit the THANKS button in any video! - Amazon affiliate link: https://amzn.to/3kCP2yz ⚖ DISCLOSURE Some links are affiliate links. Purchasing through these links gives me a small commission to support videos on this channel. The price to you is the same.