Welcome to Zero to Xero where I show you how to make the most of Xero featuring tips and tricks, best practices, ecosystem apps, and more.

Today’s Email

• Product Updates

• What is the journal report and why use it?

• Course Launch Announcement

PNC Bank Connection

Bank feeds (US): Xero has added a direct bank feed for PNC personal, small business and business banking accounts (using Flinks) to improve the customer experience.

So… what is the Journal Report anyway?

It’s basically a record of every transaction that is entered in Xero and the order in which they were entered.

If you’re thinking… well, what do I do with that?

I don’t blame you.

There may be a ton of transactions in that report.

And it might be overwhelming to look at.

Well, there are a couple of reasons why you may want to take a closer look at this report.

You want to understand the accounting behind the transactions.

Accounting software makes it easy for us to post all kinds of transactions.

But it may not always be obvious which accounts you are debiting and crediting.

If you are new to accounting and want to learn how entries are hitting the general ledger…

This is the report to look at.

Another reason why this report might be helpful:

You accidentally posted a transaction using the wrong date and can’t find it.

It happens.

Which is why reviewing the order in which the transactions were posted can help.

Check out Xero’s journal report:

I’m happy to announce that…

I’m finally launching the course & community on June 12th at midnight PT.

So basically, June 13th.

More to come next week!!!

If you want to see something specific for the next newsletter please let me know. I’d love to hear from you below ⬇️