Running the Books in Xero: AP/AR, Invoicing & Bank Reconciliation
Keep a client's books accurate enough for a reviewer to sign off.
Your first real jobs. You take over the day to day books for two clients and run them the way a junior in a firm would: invoicing, accounts payable, accounts receivable and bank reconciliation.
Every job goes through the full firm loop. You complete the work, submit it, receive review notes, clear them and finalise the file.
By the end, your bank reconciliation workpapers are clean enough that a reviewer would sign off on them. That is the standard, and you will know exactly what it looks like.
Price
Included in program
What you will cover
- Russo Tiling
- Brightwater Café
Portfolio deliverable
Bank reconciliation workpapers, AR and AP job files, Client emails
Curriculum
10 modules. Real client work.
Every module is built around what a junior actually does inside an Australian firm.
By the end
What you will be able to do
- Run AP and AR for real clients
- Reconcile bank accounts to workpaper standard
- Handle POS and clearing accounts
- Clear review notes the way juniors do on the job
Portfolio
What you will walk out with
Portfolio deliverables
Bank reconciliation workpapers, AR and AP job files, Client emails
Your instructor
Madhav Ghimire, CA
Chartered Accountant with experience across mid-tier and boutique Australian firms, and the owner of accounting firm MS Financial Services. Every lesson is shaped by real client work — not textbooks.
- Chartered Accountant (CA)
- Owner, MS Financial Services
- Mid-tier firm experience
- Boutique firm experience
- Industry-focused training
- Hands-on practical approach
Get the full firm experience
This course is part of the Job Ready Accountant Program — all 8 courses, the full review system, and a portfolio you can show employers.
Continue the pathway
Free starter
Bookkeeping Foundations in Xero
New to this? Start here. Learn the real basics of bookkeeping in Xero, completely free.
Firm foundations
Welcome to the Firm: How Public Practice Works
Step inside an Australian accounting firm before your first day.
Payroll
Payroll & STP in Xero
Run payroll from start to finish, the way a firm needs it done.