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XERO assignment details
Introduction to Financial Accounting (ACC1100)
Monash University
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Financial accountingPreview text
Assessment 4 – XERO assignment ( 10%)
Due Date: Tuesday 4 May 2021 4pm
Details of Task:
Section 1: Introduction
Why do we have this assignment?
The objective of this assignment is for you to use an accounting software package such as Xero, which is a cloud hosted accounting platform. You will gain experience performing accounting functions in Xero (aligned to your curriculum topic) from guidance provided by AccountingPod, another cloud hosted platform built for accounting education.
How do I complete and submit my work?
The course questions and tasks that you need to complete are through AccountingPod. You will work through the modules and tasks in AccountingPod, and complete work in Xero Learn as directed by the course. There is no need to export any data – AccountingPod will automatically read and mark your work from Xero.
Your practical work (as directed by the AccountingPod course material) will be completed in Xero Learn, which is a live version of Xero accounting software designed for student access. You’ll be able to complete your work in both AccountingPod and Xero Learn anytime, anywhere, from any device.
How do I sign up with AccountingPod and Xero Learn? Do I have to pay?
You will be sent a registration link to your Monash email address which will provide access to the Practice Set from the release date notified to you. Registration links to Xero will also be emailed when each Xero# technical module is activated from your AccountingPod Student Dashboard. You will be guided by the platform to link Xero to AccountingPod yourself for both Sets. [ note there are 2 organisations you will access on Xero for this course].
There is no cost to you as the student to use these platforms for the duration of this assignment.
Section 2: XERO Practice Set
Is the AccountingPod - Xero Practice Set assessable?
No, the Practice Set is not assessable BUT you will need to complete it to access the Assessment Set. You will learn the basic skills required for your assessable work.
When can I access the AccountingPod Xero Practice case study?
The Practice Case Study may be accessed from Monday 29 March 2021. Please ensure that you complete the Practice Case Study by Monday 12 April 2021 9am in order to receive feedback/marks on the Practice Case Study.
Where do I get Business Detail to fill-in to complete my practice set?
AccountingPod has provided all this information including Business address, ABN numbers etc. Therefore, you should use this information to complete the practice set.
Can I work through the Practice Set with a friend?
Yes, you may work through your Xero Practice Set with other students, as this is non-assessable work for the purpose of your learning only. However, please note that you may NOT work with others for your Assessable Case Study, as this is an individual assessment item.
How does the ‘Give me feedback’ button in a Xero#0 technical module work?
The feedback feature may be used once per task [one time only]. Read the task on AccountingPod and complete the task on Xero. You may then click on ‘Give me feedback’, which then changes to ‘Feedback was requested’. Between a few seconds and a minute later, this button changes to ‘View feedback’. This tells you immediately whether your work is correct, or where mistakes have been made [in red]. If you have made any mistakes, you should attempt to correct them before proceeding to the next task. If you do nothing on Xero for these technical tasks, you will not receive any feedback.
Your work on Xero will be re-checked against the correct solution when you complete the whole module and submit (two chances to submit). This process enables the extra feedback to be given after the Practice Set closes so that you can review your work. *This is a great opportunity to prepare for the Assessment Set.
Please note that this feature will not be enabled on your Assessable Case Study.
Section 3: Assessable Case Study (worth 10% of your total assessment)
Is the AccountingPod - Xero Assessable Case Study assessable?
Yes, it is worth 10% of your total assessment in ACC/ACF1100.
When can I access the Assessable Case Study?
The Assessable Case Study may be accessed from Monday 5 April 2021 and is due on Tuesday 4 May 2021 4pm. Within the Assessable Case Study, each module will unlock after the preceding module is completed. At the end of each module you will have two opportunities to submit your work for marking. The module / course is then closed.
Do I access external sites or data as part of using AccountingPod?
Some material in AccountingPod may link to external sites (usually to help information in Xero). Be safe online and do not give out any personal information on external sites.
At various points you will be prompted by AccountingPod to download files for importing into Xero Learn. The links to these files are all directly within AccountingPod. Ensure these are kept in their original format (e. csv).
accountingpod
Welcome
AccountingPod is an education technology
platform. You’ll experience real cloud business
tools and realistic scenarios of today’s business.
Exciting! AccountingPod supports your learning
on Xero by giving you personalised feedback
for each task.
TIP: use Google Chrome browser
Getting started
You’ll receive an email invitation from AccountingPod to create your profile.
1
Proceed to login to set up your profile.
2
You will see your first course displayed on your dashboard. Click on your course icon, you will be taken to the Modules screen.
3
You’ll see Modules are made up of tasks. Work through each of these tasks in order as you complete the modules assigned.
4
Schedule
AccountingPod has agreed the following schedule with your Institution: Monash University: ACC/ACF1100 S1 2021
START FINISH
PRACTICE: 9 am Mon 29 Mar ASSESS: 9am Mon 5 Apr
PRACTICE: 9am Mon 12 Apr 2021 ASSESS: 4pm Tues 4 May 2021
COURSE
- AccountingPod and XERO Learn: Practice Set - Introduction to cloud accounting. Xero task Feedback turned on
- AccountingPod and XERO Learn: Assessment Set - Feedback turned off
How do I get into Xero?
You will receive an email from Xero Learn when the AccountingPod Xero technical module is activated on your student dashboard. Follow the instructions in that email to activate your Xero Learn account and connect it to AccountingPod.*
*Note: you will be required to set up 2 factor authentication.
XERO assignment details
Course: Introduction to Financial Accounting (ACC1100)
University: Monash University
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