Scottish Accounting

Scottish Accounting

This course provides you with the skills to use LEAP and Xero to be compliant with the regulatory requirements of the Law Society of Scotland.

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About this course

This short course explains how to use LEAP and Xero to be compliant with the regulatory requirements of the Law Society of Scotland.  It explains how to set up LEAP and Xero, details the steps you need to go through to run a float and create a Trial Balance covering both your Office (Firm) and Client Bank Accounts, and how to produce Daybooks.

Curriculum

  • Setting up Xero if not using a Float
  • Setting up Xero if using a Float
  • Setting up LEAP to run a Float
  • Operating the Float
  • Daybooks
  • Balancing LEAP and Xero
  • Producing a Combined Trial Balance if not using a Float
  • Producing a Combined Trial Balance if using a Float
  • Scottish Accounting Assessment

About this course

This short course explains how to use LEAP and Xero to be compliant with the regulatory requirements of the Law Society of Scotland.  It explains how to set up LEAP and Xero, details the steps you need to go through to run a float and create a Trial Balance covering both your Office (Firm) and Client Bank Accounts, and how to produce Daybooks.

Curriculum

  • Setting up Xero if not using a Float
  • Setting up Xero if using a Float
  • Setting up LEAP to run a Float
  • Operating the Float
  • Daybooks
  • Balancing LEAP and Xero
  • Producing a Combined Trial Balance if not using a Float
  • Producing a Combined Trial Balance if using a Float
  • Scottish Accounting Assessment