I've been a CPA for almost 10 years, and I can say these videos are informative, helpful, and engaging!! Great tips for accountants and non, alike!
@letsdatecrate49413 жыл бұрын
She is one of the very few people who are able to make accounting seem interesting. V. helpful - thanks!
@EmKay_RealEstate2 жыл бұрын
I like the way you talk always with a smile. Makes me smile while learning as well.
@flynriderr4 жыл бұрын
This video is definately underrated
@gavp13363 жыл бұрын
Can Xero be integrated with a perpetual inventory system and automatically make entries into the accounting system whenever movements in inventory take place?
@jaytschramek3 жыл бұрын
I really appreciated this information!
@KilloughShootingSportsWinters3 жыл бұрын
But doesn''t Xero only do average cost? LIFO and FIFO are not an option
@xero3 жыл бұрын
Correct. Xero just does AvCo. This video is general in nature to introduce these concepts and not about Xero itself. We do recommend using an add-on inventory app for some businesses depending on their requirements > central.xero.com/s/article/Options-for-managing-inventory-in-Xero -OG
@rochedaleminimart Жыл бұрын
Please guide in Xero accounting how to change inventory methods from average methods to LIFO methods
@xero Жыл бұрын
Xero only does average cost, so if you'd like to use another method like LIFO, you need to use one of our apps > central.xero.com/s/article/Options-for-managing-inventory-in-Xero -OG
@orcusorcusy8581 Жыл бұрын
click bait. Did not explain how Xero can be used for first-in-first-out (FIFO), last-in-first-out (LIFO), and average cost (AVCO) methods
@SanjayShantiSubedi3 жыл бұрын
Is this service free with Xero with Accounting software or should we need to pay extra for its subscription on top of the Accounting software?
@BlessGodMinistry3 жыл бұрын
Thanks for the help really appreicate it God bless you
@DigiDriftZone4 жыл бұрын
This is really great but which perpetual inventory management systems automatically feed into Xero?
@xero4 жыл бұрын
Hey, thanks for watching this video :) Here are all the inventory management apps that plug into Xero > apps.xero.com/function/inventory Take a look through and see what might suit your business and plug into other apps you might have. -OG
@dis_chen19554 жыл бұрын
Question what if my product is perishable?
@xero4 жыл бұрын
Hi, your accountant will be able to advise which method of accounting for inventory is best in the case of perishables. Once you have that determined you can use Xero (or full inventory app) to enter cost of item and sale price of item and the count > www.xero.com/features-and-tools/accounting-software/inventory/?escape=true -OG
@globalrodicagazii74903 жыл бұрын
Thank you i like it you smart &i appreciate if you look to work for me sincerely thank you let me know where i find you ?thanks GR
@maratbakhtygerey89694 жыл бұрын
WHY SO SHORT!!!
@xero4 жыл бұрын
Did you want a longer video? Where's it falling short - feedback gratefully received! -OG