Fast-track certification

Introduction
If you've been using Xero for a while and have a good level of knowledge, you can
take this fast-track test to get certified.
80% pass mark
You’ll need to answer at least 24 out of the 30 questions correctly to pass the
assessment.
Attempts
You’ve only got one shot at every question. Make sure to submit an answer.
If you're unsuccessful
You’ve only got one attempt at this assessment. If you don’t make the grade, you’ll
need to complete our Advisor Certification in full.

Question 1
The demo company in Xero HQ lets you try out Xero’s features, and show them to a
potential client. Which tab do you use to find the demo company?

Select the correct answer and click Submit.

Practice

Explorer

Ask

Client
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Attempted

Question 2
You’ve been invited into a new client’s Xero organisation and want to add them as a
new practice client. How do you accept the invite and create a new client record for
them in Xero HQ?
 Drag each step to the correct position and click Submit.

 Click the link in the email invite and log in to Xero

 Select Create client record, then click Confirm
 Select the practice to connect the organisation to
 Click Continue
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Attempted

Question 3
The client list in Xero HQ helps you manage your clients more effectively. How can
you customise the client list to see which clients need your attention?

Select the correct answer and click Submit.

Show their email addresses

Show their business structure

Show their industry classification

Show their unreconciled items

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Attempted

Question 4
Xero HQ has some customisable features to make your practice workflows more
efficient. Can you complete the following statements about them?

Select the correct options and click Submit.

You can produce consistent practice-wide reports across multiple clients using ____________.

report templates
You can add a logo and adjust the title colour and font size for client reports by setting up
____________.

report styles
If your practice already has a chart of accounts you like to use for your clients, you can import it
into ____________.

the chart of accounts library

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Attempted

Question 5
You want to watch spending in the staff entertainment expense account, to make sure
the team stays within the monthly budget. How do you add an existing account to the
Account watchlist on the dashboard?

Select the correct answer and click Submit.

Go to the chart of accounts to edit the account details

Add a new entertainment account in the chart of accounts

Edit the dashboard panels to add the new account

Edit the account in the Business performance dashboard

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Attempted

Question 6
You can attach files in different areas within Xero, and show them beside
transactions. Can you complete the statements below?

Select the correct options and click Submit.

Attach receipts files to your bank transactions when you ____________.

reconcile statement lines

Link documents like customer and supplier contracts to contact records when you
____________.

when you upload files to the Inbox

Keep an attached document open side by side when you create a transaction to help you
____________.

organise your files

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Attempted

Question 7
It’s time to add a conversion date for the organisation, to move from your previous
accounting software to Xero. Which of the following is a conversion date we would
recommend?

Select the correct answer and click Submit.

End of the calendar year

The middle of any month

The start of the calendar year

The start of the financial year

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Attempted

Question 8
You’re setting up two organisations in Xero and need to select the tax basis. How do
you do this for each one?

Select the correct options and click Submit.

Heather’s Kiosk is a business that records revenue and expenses at the end of the day when the
till is closed, so you should select ____________.

Cash basis
Mike’s Consulting is a service-based business that records revenue using the date on approved
invoices, bills and other transactions, so you should select ____________.

Accrual basis
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Attempted

Question 9
When reconciling, you noticed the bank rule didn’t match the relevant statement lines.
You set the bank rule to match all of several conditions, but only one of these matches
the information displayed on the statement line. How can you resolve this?

Select the correct answer and click Submit.

Edit the rule so that it works if any of the conditions are met

Edit the rule so Xero takes the contact from the payee details

Edit the rule so Xero takes the reference from the description

Edit the rule to assign any balance to a revenue-type account

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Attempted

Question 10
You've imported bank statement lines to the bank account in Xero, and it’s time to
reconcile the accounts. How do you do this?

Select the correct options and click Submit.

Click ____________ to reconcile with an invoice that Xero didn’t pick up as a suggested match.

Find & Match

Enter information into the ____________ tab to add a new transaction.

Create
Click ____________ to select an invoice other than a suggested match.

Other Possible Match Found

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Attempted

Question 11
It’s important to know how to manage common bank reconciliation scenarios, and
what Xero does with them. What does Xero do if you remove and redo a reconciled
transaction?

Select the correct answer and click Submit.

 Xero breaks the link between the line and transaction

Xero deletes the statement line and transaction

Xero only deletes the account transaction

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Attempted

Question 12
You’re reconciling a bank account and there are a few transactions that don’t match
the statement lines from the bank. How do you manage this?

Select the correct options and click Submit.

Apply ____________ for a transaction fee that’s been charged.

a bank fee adjustment

Apply ____________ for an installment of a supplier’s bill.

a split payment
Apply ____________ when you’ve received too much from a client for their invoice.  

an overpayment
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Attempted

Question 13
Contacts in Xero helps you keep your contact list up to date. When you no longer do
business with a customer or supplier, what should you do with their contact record?

Select the correct answer and click Submit.

Duplicate it

Delete it

Edit it
 Archive it
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Attempted

Question 14
You’ve exported contacts from another software package and want to set them up in
Xero. How do you do this? 

Drag each step to the correct position and click Submit.

 Download the template file

 Enter the contact information
 Save as a comma-separated value (CSV) file
 Import the template into Xero
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Attempted

Question 15
You’re looking for an invoice that you sent in the past 3 months, but can’t remember
the contact name or invoice amount. What’s the best way to use the sales overview to
find it?

Select the correct answer and click Submit.

Use Search to check the time frame by transaction or due date

Check the list of customers who owe the most money

Open the Awaiting Payment tab and go through the list

Click through each section in the Money coming in graph

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Attempted

Question 16
To get invoices paid on time, Xero provides invoice settings and payment services
that you can customise. Can you complete the statements about them below?
 Select the correct options and click Submit.
You can set a ____________ invoice amount limit for invoice reminders.

maximum
You can have a set date each ____________ as the default due date for invoices and bills.

week
When you link a payment service to Xero a ____________ button appears on invoices.

Pay Now
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Attempted

Question 17
Xero’s email settings let you create an email template for emails that you send with
invoices and other transactions. What can you use the placeholders in the email
template for?

Select the correct answer and click Submit.

Customer information

The reply-to email address

Branding themes

Email attachments
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Attempted

Question 18
There are a number of benefits to sending an invoice directly from Xero. Can you
complete the statements about these benefits?

Select the correct options and click Submit.

You can include ____________ on a customer’s invoice.

billable expenses
When a customer opens their invoice, Xero marks the invoice as ____________ on the Awaiting
Payment tab.

viewed
When a customer pays their invoice, Xero can automatically ____________ the payment to the
invoice if you have a connected bank feed.

match
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Attempted

Question 19
You email a quote to a customer and you want to check if they’ve viewed it. Which
tab can you do this from?

Select the correct answer and click Submit.

Invoiced

Sent

All

Accepted
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Attempted

Question 20
You approve your first purchase order in Xero, and now it's time to send it through to
your supplier. What process do you follow to send the purchase order?

Drag each step into the correct position and click Submit.

 Go to the Purchase orders dashboard

 Select the Approved tab
 Select your purchase order and click Send
 Check the email text and click Send
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Attempted
 Question 21
Save time by setting default information for a supplier under Contacts. What default
information can you set for a supplier?

Select the correct answer and click Submit.

Account, item and tax setting

Tax setting, account and tax rate

Tracking, unit price and tax rate

Tax rate, quantity and tax setting

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Attempted

Question 22
You’ve purchased some items that you want to recover the cost of from a customer.
Do you know how to assign a billable expense to a customer?

Drag each step to the correct position and click Submit.

 Within a bill, click Assign expenses to a customer

 Select the line items and enter the customer you want to assign the expense to
 Click OK and Approve the bill
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Attempted

Question 23
You want to add budgeted figures for a tracking category. The tracking category has
three options, each one represents a store location and has a different budget. How can
you do this in Xero?

Select the correct answer and click Submit.

Add a new overall budget for the tracking category

 Export the overall budget to add the tracking options

Add a new, separate budget for each store location

Add the tracking options to the existing overall budget

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Attempted

Question 24
There are some key considerations when using find and recode in Xero. Can you
complete the statements below?
 
Select the correct options and click Submit.
To make bulk changes directly to original transactions, you need to ____________.

recode the source transactions

To access find and recode you need the ____________ user role.

adviser
To recode the contacts on multiple transactions at once, you need to ____________.

recode with manual journals

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Attempted

Question 25
You’ve set up a repeating journal and inserted a placeholder of [Month-2] - [Month]
[Year] for the narration. What narration does Xero display in the first journal, dated
1st August 2022?

Select the correct answer and click Submit.

July - August 2022

June - August 2022

May - August 2022

 October - August 2022
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Attempted

Question 26
There are some key considerations to remember when adding and importing manual
journals in Xero. Can you complete the statements below?

Select the correct options and click Submit.

Users with the adviser user role can access manual journals from the ____________.

Advanced accounting screen

Users with the standard + all reports user role can access manual journals from the
____________.

Journal Report
Importing a manual journal with different narrations will create ____________.

multiple posted journals

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Attempted

Question 27
You want to import a general ledger export into another accounting product. Before
you export the file from Xero, what’s the one thing you should check?

Select the correct answer and click Submit.

All expense accounts have an account code in the chart of accounts

All revenue accounts have an account code in the chart of accounts

All liability accounts have an account code in the chart of accounts

All bank accounts have an account code in the chart of accounts

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Attempted
 Question 28
When recording a purchase or sale using inventory items, it’s important to know what
journals are posted. Can you complete these statements that highlight how Xero deals
with transactions associated with inventory items?

Select the correct options and click Submit.

After approving a bill for a tracked inventory item, Xero posts a journal to the ____________.

inventory asset account

After approving a bill for an untracked inventory item, Xero posts a journal to the
____________.

account selected on the transaction

After approving an invoice for a tracked inventory item, Xero posts a journal that increases the
value held in the ____________.

cost of goods sold account

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Attempted

Question 29
Your business offers services that you want to add as inventory items. You decided
that you don't want Xero to calculate the quantity or the value for the items. What's
the best approach to take?

Select the correct answer and click Submit.

Use a combination of tracked and untracked inventory

Add them as untracked inventory items

Add them as tracked inventory items

Use tracking categories to manage services

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Attempted

Question 30
 Inventory adjustments can be required to keep inventory numbers accurate. Can you
choose the right kind of adjustment to use for the situations listed below?

Select the correct options and click Submit.

You’ve found an extra inventory item in your warehouse, create ____________.

an increase quantity adjustment

Some inventory items have been stolen from the warehouse, create ____________.

a decrease quantity adjustment

An inventory item has changed in value since you purchased it, create ____________.

a revaluation adjustment
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Attempted