Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To ask for help with Xero or MYOB...please...feeling a bit desparate.

12 replies

FortunesFave · 15/11/2020 07:58

I won't lie...I am applying for a MUCH NEEDED job and I have ALL required experience except MYOB or Xero.

Job would not start for 6 months so I plan to learn all I can if I get offered...there's a question on the application asking this

If you were presented with the below bill from Telstra as a bill to enter into Xero or MYOB, and
the client you were entering it for is registered for GST, what might the entries in Xero or MYOB look like if you are entering the account GST inclusive?

Then there's a bill listed like this
PREVIOUS BALANCE - $82.35
WE RECEIVED - $82.35cr
ADJUSTMENTS $0.00
BALANCE $0.00
NEW CHARGES PAY BY 11 OCT 20 $95.00
TOTAL $95.00
Gst included in new charges $8.18

then there's a chart for me to fill in with DESCRIPTION QUANTITY AMOUNT ACCOUNT and TAX TYPE

I am in Australia by the way. I plan to be honest with the employer and tell them I have limited experience in these programmes but have a willingness to learn/take a course before the job commences. Considering that I am more than qualified for the rest of the job, I am hoping they will overlook my lack in this area but I would like to get this part right...I will learn how to do it in the meantime!

OP posts:
Scrowy · 15/11/2020 08:08

Xero have tons of videos you can access to learn how to use it.

I can't answer your question because it feels like there isn't enough information to do the description, amount etc but Xero has functionality built into it where you can make an invoice either inclusive or exclusive of tax if that helps?

Chasingsquirrels · 15/11/2020 08:11

Do you have accounts experience but just not know these specific programmes?

user1471484795 · 15/11/2020 08:14

Ok am in Aus too. Description: Telstra bill maybe put the month down of its there. Quantity would be: 1, amount $95.00, account: telephone, tax type: gst on expenses (Inc GST).

FortunesFave · 15/11/2020 08:18

Chasing minimal...but the bulk of the job is marketing and copywriting. It's a very small company and I've got excellent marketing and copywriting skills and to be honest, in this area (very small/rural) they will have a choice of someone with great accounts exp. and limited marketing or someone like me...willing to learn this part of the role but experience in spades for the rest of the role.

OP posts:
FortunesFave · 15/11/2020 08:18

User thank you!

OP posts:
user1471484795 · 15/11/2020 08:19

Don't forget the inclusive gst in the tax rate as according to how they have set up the supplier it might default to ex GST. So you would need to change the tax rate to inclusive.

user1471484795 · 15/11/2020 08:20

There are lots of you tube and to be fair Xero is very user friendly so you should be fine with offering to learn. I found MYOB more painful.

wanderingstar23 · 15/11/2020 08:22

I am an employer who has advertised for an admin role with xero experience as an essential. In the end I employed someone exactly like you. If people have transferable experience and generally good financial / admin / digital skills / experience of similar platforms, then xero is easy to
pick up. So yes absolutely it’s the kind of thing you can make a good case for. It’s about finding someone who has a good grasp of the principles behind xero, and can show how they would pick it up quickly. If someone has something to prove early on in a job role that can be a asset as you know they are grateful for the development opportunity.

Charleyhorses · 15/11/2020 08:32

Xero Is a easy and intuitive. It's designed for people with no bookkeeping experience. In the one I have for our company there Is also a fake company standard template to use for reference

ZacharyQuack · 15/11/2020 08:33

You should be able to register for a free Xero trial account so you can play around and get familiar with it.

With the example you've given, the first four lines are statement information, the info you'll need on the accounts payable invoice ("bill" in Xero terms) are:

Header:
Contact : Telstra
Date: Invoice Date
Due Date: 11 October
Reference: Telstra's invoice number
Total : $95
Amounts are GST Inclusive

Line item:
Description: Telephone and Intenet charges
Quantity : 1
Amount : 95.00
Account: Telephone and Internet (I think that's a default Xero account, but the customer may have customised their chart of accounts)
Tax Type: 10% GST (I think, I'm in NZ)

Xero lets you attach files to invoices, so if you have a .pdf of the invoice you could attach it. That would mean that you wouldn't need to keep the paper copy.

Xero's online help is really good and they've got lots of tutorial videos.

It's really easy to pick up, you'll be fine! Good luck Smile

Chasingsquirrels · 15/11/2020 08:59

Ok, that makes a lot of sense then.
I asked because any accountancy package is reasonably easy to learn if you totally understand accounts, because you already know what you want it to do.
Your situation is different so if you get it you'll need to learn the specifics of what is needed in the particular job. Hopefully they'll value the other skills and your willingness to learn enough to get you to interview.

I think Xero is intuitive and easy to use. It has loads of online tutorials.
My MYOB experience is 20 years old from being in PNG as it isn't common in the UK, at the time I didn't like it and it felt clunky to use. I am sure it has moved on!

Good luck.

FortunesFave · 15/11/2020 09:37

Thanks so much everyone...it's very encouraging to hear that it's not difficult to pick up.

OP posts:
New posts on this thread. Refresh page
Swipe left for the next trending thread