Xero Tutorial: How to Do a Month of Bookkeeping in Xero

🔗 Get 90% off Xero for 6 months → financialtechlab.com/xero Never used Xero before? This is a full walkthrough with real business data, real transactions, and a full month-end close from start to finish. From categorizing credit card charges to creating bank rules, fixing coding mistakes, and reconciling every account, this covers the full bookkeeping workflow in Xero. Jump to: 0:00 - Introduction & What We're Covering 0:58 - Xero Dashboard & Navigation Overview 2:21 - Categorizing Credit Card Transactions 4:10 - How Xero Learns Vendor Coding 6:26 - Creating Bank Rules for Recurring Transactions 7:48 - Attaching Receipts to Transactions 9:06 - How to Fix a Coding Mistake in Xero 10:47 - Moving to Other Bank Accounts 11:22 - Creating a Bank Rule for Merchant Fees 13:10 - Matching Transfers & Reviewing Income 15:17 - Fixing a Miscategorized Transfer 16:26 - Reconciling the Savings Account 16:58 - Reconciling the Main Checking Account 19:14 - Reports & Xero vs QuickBooks Reconciliation Differences 21:24 - Final Thoughts & Honest Xero Review Here are some of the tools I trust and recommend to help you manage your business finances more effectively. These are affiliate links, which means I may earn a small commission if you use them—at no extra cost to you. Thank you for supporting the Clara CFO channel! 🔢 QuickBooks Online – 30% Off for 12 Months plus 30-day Free Trial https://claracfo.com/QBO Get organized with the most popular small business accounting software. 🏦 Relay Bank – Get a $100 Bonus https://www.claracfo.com/relay Modern banking designed for business owners. Sign up and deposit $100 to claim your bonus. 👥 Gusto Payroll – Earn $100 https://claracfo.com/gusto Run payroll and receive a $100 reward—perfect for growing teams. 💰Monarch Money – Extended 30-Day Free Trial https://claracfo.com/monarch Smart personal finance software for entrepreneurs and families. 📊 RC Reports – Get $50 Off a Compensation Report https://claracfo.com/RCReports Ensure your S-Corp salary is IRS-compliant with a professional comp report. Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at https://claracfo.com/ Disclaimer: This video is intended for educational purposes and should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.