ACC201 - Financial Accounting 1 - Assessment Answer

 Subject Code: ACC201 Internal Code: 1AIBAJ

Financial Accounting 1 - Assessment Answer

Assignment Task: What is Xero? Xero is an online accounting software designed for small to medium businesses. As a subscription-based service, Xero is 100% cloud-based, and all transactions happen in real-time, ensuring that you have the most up-to-date financial information at your fingertips. There is no additional cost or limit for the number of users that can be invited into a Xero file; this means that small business owners, accountants, bookkeepers, and other advisers can work together on a single ledger. QuickStart Guide: What you will need • access to the internet • MS Excel, or other spreadsheet editing software • exercise files • an email address • One of the following internet browsers 1. Google Chrome (PC and Mac) 2. Internet Explorer (IE) 11 (PC) 3. Mozilla Firefox (PC and Mac) 4. Safari 8 (Mac)

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